News announcements

Bank of Georgia’s healthcare subsidiary acquires a new hospital
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Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”),
Georgia’s leading bank announces that Unimed, the wholly-owned healthcare subsidiary of Aldagi, the Bank’s
insurance and healthcare subsidiary has acquired 100% equity interest in the 60 bed high-end, multi-specialty
hospital in Tbilisi. The hospital generated an estimated revenue of GEL 7.7 million in 2013

The acquisition of the new hospital is in line with the company’s previously announced strategy to scale up its
healthcare business through targeted hospital acquisitions focusing on Tbilisi. Following the acquisition, the
Bank’s healthcare subsidiary has 32 healthcare facilities and 1,329 beds in Georgia.

“I am very pleased to start 2014 with this important acquisition, which further strengthens our healthcare
franchise in the country as we expand our healthcare services in the capital city. The addition of the second
largest luxury hospital to Aldagi’s leading hospital chain offers ample opportunities for cost synergies, that I
believe, our experienced team will be able to deliver over the next few months. I would like to congratulate our
Aldagi team with the completion of the transaction and looking forward to an interesting year ahead,”
commented Irakli Gilauri, Chief Executive Officer.