BGEO Group Financial Update

BGEO at a glance Group Structure Holding company of BANK OF GEORGIA BGEOⓇ GROUP Banking Business GALT & TAGGART BANK OF GEORGIA CREATING OPPORTUNITIES ALDAGI заказать саспела АЗОБЛО GEORGIAN LEASING COMPANY Retail Banking #1 Retail Bank in Georgia Corporate Banking #1 Corporate Bank in Georgia 5k clients • GEL 2,253.2mln net loans БЕЛАРУСКІ НАРОДНЫ БАНК BELARUSKY NARODNY BANK EXPRESS TECHNOLOGIES Other Banking Businesses P&C Insurance . 2.0mln retail clients Leasing ⚫ GEL 1,607.8mln client deposits 260 branches • 703 ATMs • 2,354 Express Pay terminals Payment Services . IB 7,685 POS terminals 1,053,564 Express cards 1.9mln cards ⚫ GEL 2,751.3mln net loans ⚫ GEL 1,805.8mln client deposits Investment Management Wealth management, research, BNB advisory, brokerage, private equity ⚫GEL 1,347.0mln AUM I GEL 1,016.4mln WM client deposits Plans to divest | from BNB Investment Business GEORGIA HEALTHCARE m² GROUP უძრავი ქონეგა REAL ESTATE GGU Water utility and hydro Healthcare Business #1 Healthcare company in Georgia ⚫ Revenue GEL 171.4mln in 9M15 ⚫ EBITDA GEL 39.6mln Healthcare services • 42 healthcare facilities ⚫ 2,670 beds • Over 3/4 of population covered • Market share of 26.6% by beds Health insurance ⚫38.1% market share • Insuring 270k people Real Estate Business #1 Real Estate company in Georgia • 2 completed projects and 5 under construction Total sales of 1,376 apartments US$ 115.8mln since 2011, of which US$ 58.9mln to be recognised upon completion of projects 99% sale in completed projects 72% pre-sales for on- going 4 projects Total BOG mortgages sold GEL 66.3mln Utilities (GGU) Legacy Investments. Major player on the market • Provides water and wastewater services to 1.4mln people (1/3 of Georgia) • Operates 3 hydro facilities with 143MW capacity Acquired 25% of shareholding © 2014 EBITDA of GEL 51.6mln¹ ⚫ GGU profit (BOG share) of GEL 1.4mln in 3Q15 and GEL 2.1mln in 9M15 Holding company of BANK OF GEORGIA BGEO GROUP www.bgeo.com November 2015 Per GGU management accounts, neither audited or reviewed by auditors or Bank of Georgia Source: Company, financial and operating data is for FY 2014 page 6

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