TBC Bank Group PLC · LSE:TBCG
TBC Bank — 3Q 2024 Earnings Presentation
66 slides from TBC Bank's earnings presentation, November 2024
Slide 1: TBC Bank Group PLC 3Q and 9M 2024 Results Call Presentation
AX TBC BANK Ba Group PLC . 3Q AND 9M 2024 RESULTS >, CALL PRESENTATION _ Unaudited IFRS consolidated figures
Slide 2: Disclaimer
DISCLAIMER By attending the meeting where this presentation is made, or by reading this document, you agree to be bound by the conditions set our below. The information, statements and opinions contained in this Presentation do not constitute a public offer under any applicable legislation or an off
Slide 3: 3Q24 Highlights: Record Earnings on Strong Growth in Georgia and Uzbekistan
3Q24 HIGHLIGHTS: RECORD EARNINGS ON STRONG GROWTH IN GEORGIA AND RAPID, [ PROFITABLE BUILD-OUT IN UZBEKISTAN GEORGIA ++ TBC Bank Group PLC A @) TNET Georgian Financial LSE premium-listed company and FTSE250 constituent building digitally-led financial services across geographies DX Services 100% own
Slide 4: Long-Term Growth and Profitability for Shareholders
LONG -TERM GROWTH AND PROFITABILITY FOR SHAREHOLDERS Our decade as a public company 13 19) (23) (33) (45 59 27.0% 26.5% 24.9% 22.4% 20.9% 22.0% Covid-19 20.1% aaa pandemic impact 18.4% 809 o @ © he 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 MB Net profit (GEL min) ——ROE © Monthly active custo
Slide 5: 3Q 2024: Record Quarter Net Profit with 26.6% ROE
3Q 2024: RECORD QUARTER NET PROFIT WITH 26.6% ROE Net profit (GEL min) ROE +16% -1.0pp 347 27.6% 26.6% 300 3Q 2028 3Q 2024 3Q 2028 3Q 2024 Gross loans (GEL bin) Digital MAU (min) +22%/20%! +30% v v 20.4 30-Sep-23 30-Sep-24 30-Sep-23 30-Sep-24 () Growth rate at constant currency Source: IFRS Group Da
Slide 6: Leading Financial Services Group & Digital Ecosystem
Leading Financial Services Group & Digital Ecosystem
Slide 7: Economy Continues to Post Strong Growth
ECONOMY CONTINUES TO POST STRONG GROWTH Real GDP Growth Annual Inflation and monetary policy rate (%) 16 10.6 11.0 98 ga 4 75 _ 2 5.0 _ 5.5 10 _ < _ 8 N N 4 > Vv ) -6.3 2 2019 = 2020S -2021-«S 2022, 2028. «9M 2024 «2024 «S025 Headline —— Inflation Target —=-MPR (EOP) + Economic growth in Georgia rem
Slide 8: Leading Financial Services Provider in Georgia
LEADING FINANCIAL SERVICES PROVIDER IN GEORGIA 1.7 min Banking business Other financial services Monthly active customers TBCI Insurance ‘ ——___ The leading bank by all key metrics Largest retail non- Lareat lana health insurance provider company 121; 7 monthiy ctve 38.7% 38.4, 39.1% 34.0. 85.8: cus
Slide 9: More Digitally Engaged Retail Customers
MORE DIGITALLY ENGAGED RETAIL CUSTOMERS Customers (min) (55%) (57%) (58%) (58%) (60%) Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Monthly active customers (MAC) —_ Digital MAU penetration Share of consumer loans issued fully digitally Digital users (thousands) (44%) (46%) (4%) (46%) (45%) 874 921 930 950 1,0
Slide 10: TNET: Reconfiguring Our Digital Lifestyle Ecosystem
TNET: RECONFIGURING OUR DIGITAL LIFESTYLE ECOSYSTEM Ne a Solidifying TNET’s classifieds market leadership. TNET _ the leading online platform in Georgia for classifieds, ticketing and discounted coupons, with >50% market share and c 1.6 min customers. We intend to focus on and strengthen our dominan
Slide 11: Leading Digital Banking Ecosystem
Leading Digital Banking Ecosystem
Slide 12: Strong and Stable Economic Growth
STRONG AND STABLE ECONOMIC GROWTH Real GDP Growth Annual Inflation and monetary policy rate (%) 25 2019 2020 2021 2022 2023 9M 2024 2024 2025 RSSSSSHRFATRAAANANRRARRRANASAARRALAG DEE oS e RES OS asc ag eae og ease os sascoges 223 25 GELS 2088 £3 Z6 82 F3 O88 F325 8223268 —MPR (EOP) —CPI Annual Infla
Slide 13: Our Digital Financial Ecosystem
OUR DIGITAL FINANCIAL ECOSYSTEM A TBC UZ pay! nasiya P2P transf Cash loans ransfers POS loans Deposits Utility & Gov payments Installment loans i PFM Debit cards E-commerce BNPL Remittances QR payments Payme embedded BNPL Gamification Payme travel Daily banking” Payme goals Credit cards Payme ticket
Slide 14: Fast and Profitable Growth
FAST AND PROFITABLE GROWTH Unique registered users (min) Gross loans (GEL min) CEL1256 otal operating income (GEL min) USD 460 CELT 1,122 USD 41 Oe DP oP PP ah oh oh Ph Dm OD PP PP om Pm DP ah sot oO ae aot? oP og? got og ao FFF gh WF o_o WE ose FW Ko oF WE wos oo WE ok ee oF PoP oF oFiph ic oP .cho
Slide 15: Increasing Group Contribution and Market Share
INCREASING GROUP CONTRIBUTION AND MARKET SHARE 9M 2024 Uzbekistan contribution in Group (% share) Market shares! 44% 14.8% 139% | 3.5% 13% 10% 8% [ oy 0.0% 0.0% Net profit Retail deposit portfolio Total operating income Total unsecured Dee-20 Dec-21 Dec-22 Dec-23 ss Sep-24 consumer loans —®=ICL port
Slide 16: Business Update 3Q and 9M 2024 Financial Results
Business update 3Q and 9M 2024 Financial Results
Slide 17: Consistent and Strong Profitability: 26.2% ROE in 9M 2024
CONSISTENT AND STRONG PROFITABILITY: 26.2% ROE IN 9M 2024 Net profit (GEL min) ROE +15% +16% -0.8pp -1,0pp ~ y v ¥ +6% -0.5pp 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 Source: IFRS Group Data
Slide 18: Operating Income: 23% YoY Growth
OPERATING INCOME: 23% YoY GROWTH DRIVEN BY Nil AND F&C INCOME Total operating income (GEL min) Non-interest income (GEL min) +18% +23% +22% +39% +11% #19% 2,050 657 261 754 678 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 @ Netinterestincome m™ Non-interest income
Slide 19: Margins: NIM Has Stabilized QoQ
MARGINS: NIM HAS STABILIZED QoQ NIM Cost of fund, cost of deposit, loan and asset yields 12.6% 12.6% 12.9% 12.6% 12.8% 12.0% 12.4% 12.1% 12.2% 12.5% 5.5% 6.0% 5.4% 6.0% 6.1% oo ——} 49% 5.3% 49% 5.2% 5.4% 3Q 2024 9M 2023 9M 2024 i 3Q 2023 2Q 2024 3Q 2024 9M 2023 9M 2024 | 3Q 2023 2Q 2024 —eDeposit co
Slide 20: Opex: Investing in Future Growth While Maintaining Efficiency
OPEX: INVESTING IN FUTURE GROWTH WHILE MAINTAINING EFFICIENCY Total operating expenses (GEL min) Cost to income +27% +29% +2.5pp +1.8pp +9% -0.6pp 766 280 257 34.9% 37.4% 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 mStaffcosts mi Administrative & other expenses _
Slide 21: Asset Quality: Risk Costs and NPLs Remain Low
ASSET QUALITY: RISK COSTS AND NPLs REMAIN LOW NPLs Cost of risk (152%)( 88%) (146%)( 80%) (140%)[74%) [142%)[ 76%) (41%) (72%) +0.1pp v +04 0.9% “0:1pp _, 0.7% 0.9% 0.8% 9) i | 30-Sep-23 31-Dec-23 30-Mar-24 30-Jun-24. 30-Sep-24 9M 2023 9M 2024 3Q 2023 2Q 2024 3Q 2024 @NPls/Grossloans OTotalNPLscover
Slide 22: Strong Core Balance Sheet Growth
STRONG CORE BALANCE SHEET GROWTH Gross loan portfolio (GEL bin) Gross loans breakdown, 30 September 2024 +22%/+20%! s3%6le4%4 ’ 24% 37% GEL 24.8 bin 30-Sep-23 30-Jun-24 30-Sep-24 = CIB Georiga m Retail Georiga m MSME Georiga m Uzbekistan Deposit portfolio (GEL bin) Customer deposits breakdown, 30 Se
Slide 23: Capital: Retaining Material Capital Buffers
CAPITAL: RETAINING MATERIAL CAPITAL BUFFERS HH = GEORGIA UZBEKISTAN 3.6pp 6.4pp 23.9% 20.4% 19.6% 16.6% or 16.4% 16.4% 168% ooo 14.5% —_—— = 13.0% --- 10.0% 8.0% CET1 Tierl Total CET1 Tiert Total = Min.requirements © Above min. requirements == Min.requirements © Above min. requirements + Weremain ve
Slide 24: Uzbekistan: Net Profit Doubled YoY
UZBEKISTAN: NET PROFIT DOUBLED YoY ON STRONG LOAN GROWTH AND RISING NIM Profitability (GEL min) (24.6%) (26.6%) (23.49) (2.8) (28.24) +90% | +94% +131% / +105% Seb inp GEL111 USD 102 61 usp 41 143 9M 2023 9M 2024 i 3Q 2023 2Q 2024 3Q 2024 1 Net profit & Total operating income OROE Loan yield, deposi
Slide 25: Target vs Actual Performance 9M 2024
Actual performance Actual performance Target 9M 2024 Target 9M 2024
Slide 26: Q&A
Slide 27: Group: Profit and Loss Statement
GROUP: PROFIT AND LOSS STATEMENT 3Q 2024 2@ 2024 3a2023 Cvange eee 9M 2024 9m2023 Cvange Net interest income 493 458 428 15% 8% 1,394 1194 17% Net fee and commission 145 123 104 39% 7% 372 302 23% Other operating norinterest 116 97 83 40% 20% 284 238 19% Total operating income 754 678 615, 23% 1% 2,
Slide 28: Group: Key Ratios
GROUP: KEY RATIOS Georgian financial 3Q 2024 Uzbekistan Group Georgian financial services 9M 2024 Uzbekistan services ROE! 26.5% ROA2 3.8% Cost to income 31.9% Cost of riské 0.5% NIMS 5.6% Loan yieldsé 11.3% Deposit rates” 47% Cost of funding? 5.4% PAR 90 to gross loans? 1.3% NPLs to gross loans’? 2
Slide 29: Business Update 3Q and 9M 2024 Financial Results
Business update 3Q and 9M 2024 Financial Results
Slide 30: NEW NEW NEW
• • • NEW • • • • • • • • • NEW • • • • • • • • • • • • • NEW • •
Slide 31: ESG Ratings and Scores
ESG RATINGS AND SCORES https://thcbankgroup.com/esg/esg-ratings/ Va As of May 2024, TBC Bank Group holds a rating of “AA” (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment MSCI SC! Disclai The use by TBC Bank Group PLC of any MSCI ESG research LLC or its affiliates (“MSCI’) data, and the us
Slide 32: TBC Bank: Sustainable Development Impact Disclosure
TBC BANK: SUSTAINABLE DEVELOPMENT IMPACT DISCLOSURE TBC Bank aims to contribute to the Sustainable Development Goals (SDGs) in Georgia through its financing and operational activities, setting impact targets and committing to reporting its progress on an annual basis Sustainable Portfolio Job Creati
Slide 33: Georgia Economy & Banking Sector
Georgia Economy & Banking Sector
Slide 34: Georgia Snapshot
GEORGIA SNAPSHOT 3.7 min 38 Population Average age $8,200 $24,849 GDP per capita GDP per capita, PPP 8.0% 0.6% Monetary policy Inflation (Sep-2024) rate (Oct-2024) $31bin Nominal GDP 2023 $4.7 bin Gross international reserves Moopy’s Ba 2:table Credit Ratings RUSSIA, GEORGIA AZERBAIJAN ARMENIA TURKE
Slide 35: Economic Growth Remains Strong
ECONOMIC GROWTH REMAINS STRONG Real GDP growth (YoY, %) 1Q 2018 2Q 2018 3Q 2018 4Q 2018 Source: Geostat 1Q 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 13.7 1Q 2021 2Q 2021 3Q 2021 402021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 24.7 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 202
Slide 36: External Inflows Are Well Diversified
EXTERNAL INFLOWS ARE WELL DIVERSIFIED z Exports, tourism, remittances and FDI (min USD) Share of countries in exports, tourism, remittances and FDI 5,000 mmm Export Tourism 4500 mmm Remittances mmm FDI Azerbaijan 7 mmm IT Service Export Inflow 4,000 =minflow w/o Russia 3,500 3,000 2,500 2,000 1,500
Slide 37: Non-Cash Spending Growing Strongly
NON-CASH SPENDING GROWING STRONGLY, BOTH DOMESTIC AND NON-RESIDENT — Non-cash Expenses of Non-residents through TBC Channels Total CPI adjusted non-cash spending through TBC channels (Index in USD, 2021 = 100) and GDP growth (YoY, %) 450 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 = Ju-24.- Aug-24 Sep
Slide 38: USD/GEL at Around Pre-Covid Levels
USD/GEL AT AROUND PRE-COVID LEVELS AND CLOSE TO ITS LONG-TERM FAIR VALUE = USD/GEL and GEL REER YTD percentage change against USD, as of 30 Sep 2024 150 10 140 ‘5 a 130 20 ° 09 4 120 | = "0 32-34 3.0 “47 100 16 90 35 80 4.0 sssesoesgergeeesesgaggs 35 eae RES HEB gssge eee sagaadg . SRBS2SSSPFOSRSSST
Slide 39: Central Bank and Fiscal Buffers Remain Strong
CENTRAL BANK AND FISCAL BUFFERS REMAIN STRONG a Gross international reserves and NBG interventions (min USD) Fiscal and public debt/GDP (%) 6,000 1050 70 1 900 5,000 47 60 a 750 50 -2.4 -2.3 -25 4,000 600 27 3.0 EX) 3 40 450 3,000 a 2,380300 30 2,000 150 °0 7 PUPP pe yoo e 9 4,000 | | "| | II | 10 4
Slide 40: Georgian Banking Sector Key Highlights
GEORGIAN BANKING SECTOR KEY HIGHLIGHTS Loan and deposit growth YoY! (%) Loans at current exchange rate (% of GDP) 18.7 15.2 €OvZ02 7OvZ0z LOvz0z vOEZOZ EOEZOZ 7OEzOZ LOEzOZ vO7Z0Z €O2Z02 7Oz20z vozzoz vOIZOZ e01Z0z zO1z0z voizoz y00z0z enoz0z. zHoz0z, uwozoz yO610Z £06102 zO4610z 1O61L0z ZO8L0z vosl
Slide 41: Georgia: Key Macro Projections
GEORGIA: KEY MACRO PROJECTIONS 2021 2022 2023 2024 2025 GDP Growth, YoY, % 10.6 11.0 75 9A 55 GDP, current USD, USD billion 18.9 25.0 30.5 33.2 35.9 Inflation (EOP), YoY, % 13.9 98 04 12 3.3 Monetary Policy Rate (EOP), % 10.5 11.0 95 8.0 75 Current account Balance, % of GDP -10.3 45 4.3 4.6 45 Budge
Slide 42: Business Update 3Q and 9M 2024 Financial Results
Business update 3Q and 9M 2024 Financial Results
Slide 43: Uzbekistan Digital Growth Story
UZBEKISTAN DIGITAL GROWTH STORY Number of unique registered users (EOP) Arecvz 1.8 min * Acquired 51% of Payme, a leading payments platform 2019 nasiya 3.0 min * TBC UZ received full banking license Beta launch of TBC UZ banking app, based on in-house fintech platform Space 2020 5.8 min ee | + Launc
Slide 44: Payme: USD 3.3 Bln Payment Volumes in 9M 2024
PAYME: USD 3.3 BLN PAYMENT VOLUMES IN 9M 2024, UP 29% YoY Payments volume! (GEL bin) Payments breakdown by type 9M 2024 Gag Csr) (29%) (eek) (sx) GEL9.5 USD 3.6 % mw P2P transfers @ Service payments m Other? FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 / 9M 2023 9M 2024 O Active merchants (EOP? (1) 99% o
Slide 45: Economy & Banking Sector
Economy & Banking Sector
Slide 46: Uzbekistan Snapshot
UZBEKISTAN SNAPSHOT 36min 29-34 $101.6 bin Population Average age Nominal GDP 2023 $2,819 $10,992 $41.1bin GDP per capita GDP per capita, PPP Gross international i reserves Ss a Moopy’s 13.5% 10.4%, bl Ba3.tavie k Monetary policy Inflation (Sep-2024) Credit Ratings rate (Sep-2024)
Slide 47: Economic Growth Remains Robust
ECONOMIC GROWTH REMAINS ROBUST Real GDP growth (YoY, %) 1Q 2018 2Q 2018 3Q. 2018 4Q 2018 1Q2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 2Q 2020 Source: Uzstat 3Q 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 2023 GDP comp
Slide 48: 2.6 2.4 1.8 1.8 1.0 0.2 -0.8 -5.0 -5.6 -5.4 -6.8 -7.0 -8.6
2.6 2.4 1.8 1.8 1.0 0.2 -0.8 -5.0 -5.6 -5.4 -6.8 -7.0 -8.6
Slide 49: UZS REER Stable, Gross International Reserves Almost 40% of GDP
UZS REER STABLE, GROSS INTERNATIONAL RESERVES ALMOST 40% OF GDP = USD/UZS and UZS REER International Reserves and Public Debt (% of GDP) 70 3 120 0 60 2 100 2000 1 50 4000 80 0 40 6000 4 60 30 48 S000 -2 40 20 3 10000 0 10 4 samo 12000 0 5 0 14000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 20
Slide 50: UZS Depreciation vs USD Has Eased
UZS DEPRECIATION VS USD HAS EASED UZS REER and USD/UZS (Jan-2024 = 100, increase means 1-year UZS deposit would have yielded considerably higher FX gains UZS depreciation) 103 102 197 20.8 101 18.4 400 167 99 9 13.5 13.5 98 7 SR os 96 bs 6.0 55 44 44 95 34 35 : ill all [| I i 98 Jan-24 Feb-24 Mar-24
Slide 51: Uzbekistan Banking Sector Key Highlights
28 12 Loan and deposit growth YoY! (%) 28 4 Loans at current exchange rate (% of GDP) UZBEKISTAN BANKING SECTOR KEY HIGHLIGHTS SN ve-des Ss ye-des ye-ine ve-inr yoke ve-hew bee yeuer vou Sz-MON 7 &-des veer ec-ine ET-AON ec-hew Raronl €z-des ez-uer o Zi-AON ezine 2 Ss . z-das g s i (0 7 £ ® : Zee BE
Slide 52: Retail Credit Penetration and GDP per Capita
RETAIL CREDIT PENETRATION AND GDP PER CAPITA 120 © Korea 100 oo 3S © Malaysia © Chile © Singapore India South Africa @ Italy Houschhold debt to GDP, % a 3 ~ fey e © Brazil. . i Georgie © Croatia © Czech Republic ~ Philippines §Foland ® Slovenia eT pllippine Russi 20 Indonesia ® Hungary e? ° Kazakhst
Slide 53: Uzbekistan: Key Macro Projections
UZBEKISTAN: KEY MACRO PROJECTIONS GDP Growth, YoY, % GDP, current USD, USD billion Inflation (EOP), YoY, % Monetary Policy Rate (EOP), % Budget Balance, % of GDP Government Debt, % of GDP USD/UZS (EOP) Source:Uzstat, CBU, IMF, TBC Capital 2021 8.0 773 98 14.0 4.3 31.7 10,837.7 30.5 1,225.5 2023 32.5
Slide 54: Business Update 3Q and 9M 2024 Financial Results
Business update 3Q and 9M 2024 Financial Results
Slide 55: Group: Balance Sheet Structure
GROUP: BALANCE SHEET STRUCTURE Assets structure (GEL bin) Liabilities structure (GEL bin) 35.8 30.0 30-Sep-23 30-Jun-24 30-Sep-24 30-Sep-23 30-Jun-24 30-Sep-24 Cash and cash equivalents ® Due to credit institutions Due from other banks and mandatory cash balances with NBG ® Subordinated debt Net loa
Slide 56: Group: Loan Breakdown by Stages According to IFRS
GROUP: LOAN BREAKDOWN BY STAGES ACCORDING TO IFRS 9 Total: gross loans (mln) & LLP ratio! LLP Ratio 24,129 LLP Ratio 24,779 LLP Ratio 18% i A 15% irom | 16% 42.0% 35.6% 34.0% m Stage 1 ™ Stage 2 = 22,091 | 22,699 il m Stage 3 0.5% 0.5% 05% D7 LLP ratio! 30-Sep-23 30-Jun-24 30-Sep-24 Georgia: gross l
Slide 57: Group: Loan Portfolio Asset Quality
GROUP: LOAN PORTFOLIO ASSET QUALITY NPLs Cost of risk (2.0%) (2.0%) (2%) (20%) (2%) (0.9%) (0.8%) (0.8%) (05%) (08%) Retail Georgia Retail Georgia 1.8% 17% 1.6% 14% 13% 11% 01% 1.1% 0.4% 11% & o — —e- 2 ~— —_e— —e CIB Georgia CIB Georgia 13% 4% 1.6% 5% 1.8% 0.0% 0.3% 0.4% -0.1% 0.1% oo © ° o- ~- e —
Slide 58: Georgia: Loans Segment Breakdown
GEORGIA: LOANS SEGMENT BREAKDOWN Gross loan portfolio breakdown (GEL bin) Retail Georgia banking gross loans (GEL bin) 419% | +17%! +18% | +16%! v v 23.0 23.5 19.7 5.8 5.9 71 8.1 8.4 5.2 5 y 9.2 7A - 45 7A 81 8.4 26 30-Sep-23 30-Jun-24 30-Sep-24 30-Sep-23 30-Jun-24 30-Sep-24 mRetailGeoriga mCIBGeori
Slide 59: Georgia: Deposits Segment Breakdown
GEORGIA: DEPOSITS SEGMENT BREAKDOWN Deposit portfolio breakdown (GEL bin) Retail Georgia banking deposits (GEL bin) +20% | +18%! 414% | 12%! v v 219 7A 30-Sep-23 30-Jun-24 30-Sep-24 30-Sep-23 30-Jun-24 30-Sep-24 mRetail Georgia mCIB Georgia mMSME Georgia m Other Georgia’ mCurrent&savings m Term&CDs
Slide 60: Georgia: Loan and Deposit FX Exposure
GEORGIA: LOAN AND DEPOSIT FX EXPOSURE Gross loans Deposits 1% 1% 1% 30-Sep-23 30-Jun-24 30-Sep-24 30-Sep-23 30-Jun-24 30-Sep-24 mGEL mUSD mEUR mGEL mUSD mEUR m Other Source: IFRS Group Data a
Slide 61: Georgia: Market Shares
GEORGIA: MARKET SHARES Loan market shares Total 39.1% 39.3% 39.1% 39.0% 38.7% e —— © — _ Legal entities 40.5% 40.7% 40.4% 40.1% 39.7% ° _— —— —o— _ Individual customers 38.0% 38.1% 38.0% 38.1% 37.8% o * o - —o 30-Sep-23 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 Note: Market shares are based on data pu
Slide 62: Georgia: Strong Liquidity and Diversified Funding Base
GEORGIA: STRONG LIQUIDITY AND DIVERSIFIED FUNDING BASE Liability structure Liquidity ratios! as of 30 September 2024 Total liabilities GEL 31bIn LY 10) m Customer Deposits 124% 14% 123% 121% m@ Due to Credit Institutions § Debt Securities in Issue and subordinated debt @ Other Liabilities 30-Sep-23
Slide 63: Capital Distribution: Buyback Announced & Interim Dividend Declared
CAPITAL DISTRIBUTION: BUYBACK ANNOUNCED & INTERIM DIVIDEND DECLARED Total dividend and share buyback (GEL min) (*) (25%) (25%) Gx) Cee) 393 200 109 9 75 S woe No dividends were paid due to Covid-19 2016 2017 2018 2019 2020 2021 2022 2023 1H 2024 m Total dividend paid for the year Share buyback © Div
Slide 64: Ratio Definitions
RATIO DEFINITIONS 1, Return on average total equity (ROE) equals net profit attributable to owners divided by the monthly average of total shareholders’ equity attributable to the PLC’s equity holders for the same period; annualised where applicable. Return on average total assets (ROA) equals net p
Slide 65: Glossary
GLOSSARY Terminology De Consumer loans Unsecured loans to individuals DAU/MAU Average daily active users divided by monthly active users. TBC Group figure includes TBC’s digital channels in Georgia, as well as those at TBC UZ and Payme Digital daily active users (DAU) The number of retail digital us
Slide 66: Investor Relations Contacts
Andrew Keeley Anna Romelashvili Investor Relations Director of Investor Relations Head of Investor Relations Department E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Tel: +44 (0) 7791 569834 Tel: +(995) 577 20 52 90 Tel: +(995 32) 227 27 27 Web: www.tb