P&C Insurance and Beverages Business Financial Overview

Foreign Demand, 2019 Source:, Geostat 2015Q1 2015Q2 2015Q3 2015Q4 Import countries, 2019 Sources: GeoStat Armenia 3% Ukraine 5% United States 4% Azerbaijan 6% China 9% Russia 11% 2016Q1 2016Q2 2016Q3 Diversified foreign trade Imports of Goods, contribution to growth Source: NBG Investment goods I Intermediate goods 30% 25% 20% 15% 10% 5% 0% -5% -10% -15% -20% -25% ༼f, Other 18% 2016Q4 EU countries 26% 201701 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 Consumer goods Imports y/y 10% 14% 8% 24% 16% Export countries, 2019 Sources: GeoStat Turkey 18% United States 2% GEORGIA CAPITAL Machinery and transport equipment Crude materials, inedible, except fuels Beverages and tobacco ■Manufactured goods Chemicals and related products, n.e.s. Food and live animals ■Miscellaneous manufactured articles 20% ■Commodities Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes Other 27% EU countries 22% Ukraine 7% Armenia 11% Azerbaijan Turkey 13% 5% Russia 13% Page 65

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