Bank Of Georgia Group Regulatory News (BGEO)

London, 4 July 2022

Dividend Currency Conversion Rate

At the Annual General Meeting of Bank of Georgia Group PLC (the "Group") held on 20 June 2022, the shareholders approved the payment of a final dividend in respect of the Group's 2021 earnings of GEL 2.33 per ordinary share payable in Pound Sterling to the ordinary shareholders of the Group on the register of members at the close of business on 1 July 2022, according to the following timetable:

Ex-dividend date: 30 June 2022

Record date: 1 July 2022

Payment date: 14 July 2022

The Group hereby confirms that the National Bank of Georgia's Lari/Pound Sterling average exchange rate for the period 27 June to 1 July 2022 was 3.5858 and it shall be used to pay dividends to ordinary shareholders of the Group on 14 July 2022.

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

Name of authorised official of issuer responsible for making notification: Nini Arshakuni, Head of Investor Relations

About Bank of Georgia Group PLC

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" and on the LSE: BGEO LN) is a UK incorporated holding company. The Group mainly comprises: a) retail banking and payment business (Retail Banking); and b) corporate banking and investment banking operations (Corporate and Investment Banking) in Georgia. JSC Bank of Georgia ("Bank of Georgia", "BOG", or the "Bank"), a systematically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in the payments business and financial mobile application, with strong retail and corporate banking franchises. In line with our digital strategy, the Group focuses on expanding technological and advanced data analytics capabilities to offer more personalised solutions and seamless experiences to our customers. Employee empowerment, customer satisfaction, and data-driven decision-making, together with the strength of the banking franchise, are key enablers of the Group's sustainable value creation. By building on its competitive strengths and uncovering more opportunities, the Group is committed to delivering strong profitability sustainably and maximising shareholder value. The Group expects to benefit from the growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking operations, it aims to deliver on its strategy and its key medium-term objectives ̶ at least 20% return on average equity (ROAE) and c.10% growth of its loan book.

For further information, please visit www.bankofgeorgiagroup.com or contact:

This report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities