Investor Presentaiton

CREDIT GROWTH DYNAMICS BANKING SECTOR CORPORATE & RETAIL LOANS TO GDP MORTGAGE LOANS Source: NBG, Geostat Source: NBG 8,624 8,810 70% 119,300 127,200 ■Retail loans to GDP 106,370 7,048 60% Corporate loans to GDP 92,980 28,400 39% 6,031 29,600 37% 50% 4,720 31,720 33% 5,035 33% 35,990 40% 27% 30% 4,453 23% 30% 20% 4,604 98,800 17% 89,700 11% 12% 13% 74,650 20% 10% 17% 17% 18% 19% 24% 26% 25% 27% 21% 31% 38% 35% 3,589 4,090 56,990 2,595 1,427 0% 2018 2019 2020 9M21 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 9M21 FX-denominated mortgage loans, GEL mn ■GEL-denominated mortgage loans, GEL mn 2018 2019 Number of mortgage loans in FX Number of mortgage loans in GEL 2020 9M21 REAL ESTATE PRICE INDEX 180 160 140 120 80 60 ៖ ៖ ៖ ៖ 8 8 8 9 100 1Q08 2Q08 3Q08 80077 1Q09 2Q09 3Q09 Inflation adjusted real estate price index (2010=100, GEL) Real wage index (2010=100, GEL) 60077 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 SLOL 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 Source: NBG, Geostat 3Q21 56

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