Georgia Capital Shareholder and Market Opportunity Overview

0 -100 -200 -300 -400 -500 -600 -700 DIVERSIFIED FOREIGN TRADE Goods' Trade Deficit Source: GeoStat In 1Q21, the trade deficit fell by 7.3% y-o-y, as exports grew by 5.2% while imports were cut by 2.4%. In April, the deficit grew by 45% y-o-y, with exports were up by 70% and imports were up by 57% Apr-17 Jun-17 Aug-17 Oct-17 Dec-17 Feb-18 Apr-18 Jun-18 I Trade Deficit, US$ mn, LHS Electricity generation and trade, GWH Source: ESCO 1400 1200 1000 800 59% 600 400 200 0 45% 73% 88% 99% 99% Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Aug-18 Oct-18 Dec-18 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 63% 99% 68% 91% 70% 86% Sep-17 Oct-17 Nov-17 Dec-17 67% 64% 78% Jun-20 Aug-20 Oct-20 % change y/y, trade deficit, RHS 93% 99% 99% 96% Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Oil imports Source: GeoStat 1,200 1,000 50% 40% 800 30% 20% 600 10% 0% 400 -10% -20% 200 -30% -40% -50% (200) (400) (600) Dec-20 Feb-21 Apr-21 WPPS TPPS HPPS Imports Exports Domestic Supply 2003 2004 2005 2006 2007 84% 80% 74% 63% 71% 59% 54% 55% 83% 99% 99% 99% 86% 74% 73% 55% Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 2008 GEORGIA CAPITAL Oil imports, US$ mn Oil imports, % change, y/y 90% унщин. 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q20 1Q21 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 46% 54% 52% 81% 83% 98% 99% May-20 Jun-20 95% 90% Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 48% 56% 60% 72% 57% 76 76 10% -10% -30% -50% 70% 50% 30%

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