Bank of Georgia Earnings and Strategy Update

NET INTEREST MARGIN NET INTEREST MARGIN 4.6% 4.9% 1 I 5.3% 5.0% 4.7% 4.5% 4.4% LOAN YIELD, COST OF FUNDS, COST OF DEPOSITS 10.5% 10.6% 10.4% 10.4% 10.4% 10.6% 11.0% 4.7% 4.6% 4.6% 4.5% 3.6% 3.6% 4.5% 4.7% 4.8% 3.8% 3.8% 3.5% 3.6% 3.5% 2020 2021 4Q20 1Q21 2Q21 3Q21 4Q21 2020 2021 4Q20 1Q21 2Q21 3Q21 4Q21 Loan yield Cost of funds Cost of client deposits and notes NIM UP IN 4Q21 DUE TO Increase in loan yields and successful deployment of excess liquidity during the second and third quarters of 2021 on the back of a rebound in economic activity in 2021 NIM OUTLOOK Broadly stable margin going forward 25

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