Investor Presentaiton

10 Diversified resilient economy Gross domestic product Source: Geostat, internal estimates US$ billion 20 7.4% 6.4% 3.6% 15 5 2011 2012 2013 2014 4.4% Nominal GDP, US$ b, LHS Diversified nominal GDP structure, 9M19 Source: Geostat Other Healthcare Communication 8% Industry 14% 4% 3% 16% 12% 4.8% 4.8% 5.2% Education 5% 8% 3.0% 2.9% Accommodation 4% Trade 14% 5% 0% Financial activities -4% 6% 2015 Transportation 6% -Real GDP, Y-o-Y growth Public administration 7% Real estate 12% Agriculture 8% Construction 8% One of the Fastest Developing Economies in the Region Source: IMF Comparative real GDP growth rates*, % (2007-2018 average) 4.9 4.5 3.6 3.7 3.8 3.0 3.1 2.4 2.0 2.0 1.7 1.5 Ukraine Latvia Estonia Russian Federation Czech Republic Lithuania * Data for Georgia corresponds to the previously used SNA 1993 methodology. Belarus Romania Armenia Moldova Poland Georgia Turkey Monthly Economic Activity Estimate, y-o-y growth Source: Geostat Economic activity increased by 5.2% in 20191 7.5 6.5 5.7 5.6 5.2 5.3 5.3 5.0 5.5 4.6 4.7 4.4 4.3 4.4 3.8 3.7 Jan-17 Feb-17 Mar-17 1 preliminary data 2.1 6.7 6.0 6.1 5.6 5.6 5.1 5.0 4.6 4.6 4.7 4.0 3.5 2.0 2.2 22 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 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 5.85.2 5.7 6.4 Sep-19 Oct-19 Nov-19 Dec-19 Page 58 3.8 GEORGIA CAPITAL

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