BGEO : 4Q16 and FY16 Results Presentation

Investor Presentation: 4Q16 & full year 2016 results

DISCLAIMER

Forward Looking Statements

Disclaimer

This presentation contains forward-looking statements, including, but not limited to, statements concerning expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, competitive strengths and weaknesses, plans or goals relating to financial position and future operations and development. Although BGEO Group PLC believes that the expectations and opinions reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations and opinions will prove to have been correct. By their nature, these forward-looking statements are subject to a number of known and unknown risks, uncertainties and contingencies, and actual results and events could differ materially from those currently being anticipated as reflected in such statements. Important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, certain of which are beyond our control, include, among other things: weakening of global and regional economic conditions; exchange rate fluctuations, including depreciation of the Georgian Lari; deterioration in the quality of our loan book; adverse changes in the financial position or credit worthiness of our customers, obligors and counterparties and developments in the market in which they operate; increase in interest rates; governmental, legislative and regulatory risk; regional tensions; changes in US foreign policy affecting the region; failure to achieve strategic priorities or to meet targets or expectations; competitive pressures; operational risk; risk of failure of information technology and cybercrime; and other key factors that we have indicated could adversely affect our business and financial performance, which are contained elsewhere in this presentation and in our past and future filings and reports, including the 'Principal Risks and Uncertainties' included in BGEO Group PLC's 2Q 2016 & 1H16 Half Year Results and in BGEO Group PLC's 2015 Annual Report and Accounts. No part of this presentation constitutes, or shall be taken to constitute, an invitation or inducement to invest in BGEO Group PLC or any other entity, and must not be relied upon in any way in connection with any investment decision. BGEO Group PLC undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. Nothing in this presentation should be construed as a profit forecast.

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CONTENT

BGEO Group | Overview 4

Results Discussion | BGEO Group 14

Results Discussion | Banking Business 20

Results Discussion | Investment Business 48

Georgian Macro Overview 78

Appendices 99

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BGEO PORTFOLIO OF BUSINESS

Banking Business

Investment Business

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