Dividend Currency Conversion Rate

At the Annual General Meeting of Bank of Georgia Group PLC (the “Company”) held on 19 May 2023, shareholders approved the payment of a final dividend of GEL 5.80 per ordinary share payable on 14 July 2023 (payment date) in Pound Sterling to those shareholders of the Company on the register of members at the close of business on 30 June 2023 (record date).

The Company hereby confirms that the National Bank of Georgia’s Georgian Lari/British Pounds Sterling average exchange rate for the period of 26 June to 30 June 2023 was 3.3360 and it shall be used to pay dividends to ordinary shareholders of the Company on 14 July 2023.

Those shareholders who have not provided the appropriate bank account details to Computershare Investor Service PLC for payment of the dividend will be paid the dividend by cheque in Pound Sterling.