Dividend Currency Conversion Rate

At the Annual General Meeting of Bank of Georgia Group PLC (the “Company”) held on 17 May 2019, shareholders approved the payment of a final dividend of Georgian Lari 2.55 per ordinary share in respect of the period ended 31 December 2018 to ordinary shareholders of the Company on the register of members at the close of business on 31 May 2019, in British Pounds Sterling, pursuant to the following timetable:

Ex-dividend date: 30 May 2019
Record date: 31 May 2019
Payment date: 28 June 2019

The Company hereby confirms that the National Bank of Georgia Georgian Lari/British Pounds Sterling average exchange rate for the period 27 to 31 May 2019 is 3.5337 and shall be used to pay dividends to ordinary shareholders of the Company on 28 June 2019.

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