Strategic Report Strategic Report Strategic Report Financial Additional Overview Strategy Performance Governance Statements Information Other matters which we are required to address We were appointed by Bank of Georgia Group PLC on 25 January 2018 to audit the financial statements for the first accounting period ending 31 December 2017 and subsequent annual financial periods. The period of total uninterrupted engagement is 14 months, covering the first accounting period ended 31 December 2017 and the year ended 31 December 2018. The non-audit services prohibited by the FRC’s Ethical Standard were not provided to the Group or the Parent Company and we remain independent of the Group and the Parent Company in conducting our audit. Our audit opinion is consistent with the additional report to the Audit Committee. Use of our report This report is made solely to the Company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s members as a body, for our audit work, for this report, or for the opinions we have formed. John Headley (Senior Statutory Auditor) for and on behalf of Ernst & Young LLP, Statutory Auditor London 27 March 2019 Notes: 1.The maintenance and integrity of the Bank of Georgia Group PLC’s website is the responsibility of the Directors; the work carried out by the auditors does not involve consideration of these matters and, accordingly, the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website. 2.Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Annual Report 2018Bank of Georgia Group PLC 165