TBC Bank Group Regulatory News (TBCG)

TBC and Proparco sign a EUR 100 million loan agreement

TBC Bank Group PLC ("TBC PLC") announces that its subsidiary, JSC TBC Bank ("TBC Bank"), has signed a loan agreement in the amount of EUR 100 million with Proparco. The loan facility bears a maturity of seven years and will be primarily used to finance climate related investments and female entrepreneurs in Georgia. The facility will reaffirm TBC's leadership position in the Georgian banking sector for green and sustainable lending and contribute to inclusive economic growth in the country.

Vakhtang Butskhrikidze, CEO of JSC TBC Bank, said: "We are proud to announce completion of another excellent transaction with Proparco- already our third successful project together. This Facility reflects both institutions' strong commitment to support the sustainable growth of local businesses, particularly improving access to finance for female entrepreneurs and promoting green investments in Georgia, thereby, contributing to job-creation and bringing long lasting benefits to the country. The signing of this facility is a significant milestone in our partnership, and we look forward to working with Proparco on many more successful deals in the future."

Stéphane Froissardey, Regional Director for Turkey, Caucasus, Central Asia, Balkans and Eastern Europe, said: "Proparco is very proud to sign this new EUR 100 million transaction with TBC Bank. This facility will support TBC's efforts to grow its sustainable portfolio, targeting both climate and gender finance, which are key priorities for Proparco in the region. This landmark transaction is by far Proparco's largest financing in the country, following which Proparco is becoming TBC's third largest lender. Proparco's facility represents a commitment from France to support responsible and sustainable players in the financial sector and, more generally, to stand by the Georgian nation as a whole, at a critical time when Georgia is being granted candidate status by the EU."

About Proparco

Proparco, a subsidiary of Agence Française de Développement Group, has been working with the private sector for over 45 years for a more just and sustainable world. With an international network of 23 local offices, Proparco works closely with its partners to build sustainable solutions in response to environmental and social challenges in Africa, the Middle East, Asia and Latin America. Proparco benefits from sector-based expertise as well as a wide range of financial solutions tailored to the different stages of business development, notably thanks to its Digital Africa subsidiary, and its Propulse technical assistance offering designed to scale up the impacts and performance of its partners. Proparco's new "Acting together for greater impact" Strategy 2023-2027 enables, strengthens and amplifies the different ways in which it works with its partners. To learn more: http://www.proparco.fr/en/strategy.

For more information, go to: http://www.proparco.fr/en and @Proparco LinkedIn

For further enquiries, please contact:

Director of Investor Relations and International Media

Andrew Keeley

Or

Head of Investor Relations

Anna Romelashvili

ir@tbcbank.com.ge

About TBC Bank Group PLC ("TBC PLC")

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.

TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.1% of customer loans and 37.5% of customer deposits as of 30 September 2023, according to data published by the National Bank of Georgia on the analytical tool Tableau.