Investor Presentaiton

STRONG UNDERLYING PERFORMANCE Operating income | quarterly GEL millions Banking Business +13.3% +8.5% 309.3 350 285.0 273.1 280 102.2 84.0 33% 85.7 29% 210 31% 140 187.4 201.0 71% 207.1 67% 70 69% O 4Q18 Net interest income 3Q19 4Q19 Net non-interest income Net non-interest income | quarterly Banking Business +19.3% +21.7% 102.2 GEL millions 110 90 85.7 84.0 18.4 3.8 70 53.4 32.2 37.2 50 30 48.0 46.6 41.3 10 -10 (9.0) 4Q18 3Q19 4Q19 Net fee and commission income Net other income/ (expense) Net foreign currency gain BANK OF GEORGIA GEL millions GEL millions Operating income | full year Banking Business +7.8% 1,110.3 1,200 1,030.0 1,000 290.4 28% 320.9 29% 800 600 400 739.6 72% 789.4 71% 200 О 2018 2019 Net interest income Net non-interest income Net non-interest income | full year Banking Business 350 290.4 7.8 280 210 129.4 140 70 153.2 2018 Net fee and commission income Net other income +10.5% 320.9 21.5 119.4 180.0 2019 Net foreign currency gain 11

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