Investor Presentaiton

GROWING AND WELL-CAPITALISED BANKING SECTOR SUMMARY Prudent regulation and oversight ensuring financial stability Strong resilience towards both domestic and external shocks without single bank going bankrupt No nationalisation of banks and no government ownership since 1994 Resilience to different shocks to the economy, room for healthy credit growth Source: National Bank of Georgia, Geostat BANKING SECTOR LOANS TO GDP, 2020 Czech Rep. Bosnia & Herz. Russia Croatia Estonia Slovakia Armenia Israel Brazil Turkey Georgia Greece Malta Austria Portugal Source: World Bank, NBG 53.6% 54.6% 60.0% 61.1% 64.0% 67.6% 69.0% 69.4% 70.2% 70.9% 77.4% 81.8% 83.6% 93.9% 100.0% 。៩៩៩៦ 8 8 20 40 30 BANKING SECTOR ASSETS, LOANS AND DEPOSITS 2003 24.7% CAGR Assets, GEL bn ■Loans, GEL bn Deposits, GEL bn NON-PERFORMING LOANS, LATEST 2020 Source: NBG 56.9 38.2 34.6 Source: IMF Hungary Lithuania 0.9% 1.0% Georgia 2.3% Czech Rep. 3.0% Latvia 3.1% Poland 3.7% Romania Turkey Belarus Portugal Bulgaria Bosnia & Herz. Armenia Croatia Kazakhstan Russia 3.8% 3.9% 4.8% 4.9% 5.8% 6.1% 6.6% 7.2% 8.4% 8.8% 55

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