Tbc Bank Group Plc · LSE:TBCG
Tbc Bank — FY2025 Earnings Presentation
70 slides from Tbc Bank's earnings presentation, 2026
Slide 1: 4Q and FY 2025 Results
Investor presentation 4Q and FY 2025 Results Unaudited IFRS consolidated figures
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading this document, law and regulation, the Group expressly disclaims any obligation or undertaking to you agree to be bound by the conditions set our below. The information, statements and disseminate any updates or revis
Slide 3: Business and Strategic Update
Business and Strategic Update
Slide 4: Key Takeaways: 4Q 2025 Highlights
4Q 2025 Highlights Georgia Uzbekistan • Strong end to year, with Group ROE of 24.9 % • Dynamic 4Q in Georgia: net profit up by 15% YoY and ROE of 25.7% • TBC Uzbekistan’s digital ecosystem continued scaling, topping 6 mln MAU and operating income up 24% YoY Shaping the future of financial • Final di
Slide 5: Combining growth, profitability and returns
Growth Profitability Customers Returns Net profit 35 % 5Y CAGR ROE 26% 5Y average 7.3 mln digital MAU 25 -35 % dividend payout and Loans 15% 5Y CAGR 44 mln population incremental buybacks Leading regional financial institution Combining broad market dominance in Georgia with high growth digital fina
Slide 6: Long-term growth and profitability for shareholders
Long -term growth and profitability for shareholders Our journey as a public company 1.3 1.9 2.3 3.3 4.4 5.9 7.6 7.9 27.0% 26.5% 1,500 25.6% 24.2% 24.9% 26.0% 23.0% 22.4% 24.0% 1,200 22.0% 20.9% 22.0% 20.1% 900 18.4% 20.0% Covid -19 pandemic impact 1,420 18.0% 600 1,308 1,140 1,003 16.0% 322 809 14.
Slide 7: 2025 Group targets update
2025 Group targets update Strategic targets 2025 Result 2025 target Digital monthly active users (Digital MAU) 7.3 mln 7.0 mln + Net profit GEL 1,420 mln, 12% CAGR GEL 1.5 bln, 15%+ CAGR ROE 24.2 % 23 %+ Dividend payout ratio 35 %1 25 -35 % Strategic targets 2025 Result 2025 target Digital monthly a
Slide 8: TBC Georgia
TBC Georgia
Slide 9: Georgia's economic growth strong but normalising
Georgia’s economic growth strong but normalising Real GDP growth (%) Annual inflation and monetary policy rate (%) 10.6 11.0 9.7 7.8 7.5 5.0 8.0 7.5 4.5 4.0 3.5 Sep-26 Sep-20 Dec-20 Sep-21 Dec-21 Sep-22 Dec-22 Sep-23 Dec-23 Sep-24 Dec-24 Sep-25 Dec-25 Dec-26 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26
Slide 10: Strengthening leadership in Georgia
TBC Card: customer Market -leading retail Advisory -led branch model acquisition engine brokerage platform driving higher productivity Retail Retail Retail c. 1 mln 113 k - 40 % YoY Cards issued Monthly active investing users Average monthly transactions per (+>100% YoY) front -office employee c. 25
Slide 11: TBC Georgia continues consistently generating mid-20s ROE
TBC Georgia continues consistently generating mid -20s ROE 25.1 % 3 .8 % 16% Average ROE* Average ROA* Gross loan CAGR 1* Net profit and ROE 500 35.0% 27.8% 26.9% 26.4% 26.5% 25.7% 30.0% 23.7% 24.7% 24.0% 24.6% 23.9% 24.1% 400 23.3% 25.0% 20.0% 300 15.0% 10.0% 200 381 324 338 331 332 346 318 5.0% 29
Slide 12: Loans & deposits up by >10%, strong growth in cash loans
Loans & deposits up by >10%, strong growth in cash loans Market 37 % 37 % Retail gross loans (GEL bln )2 shares 1 Loans Deposits +0.1 pp YoY -0.1 pp YoY +12% Total retail portfolio YoY growth Gross loans +6% CIB Retail +36% 6.9 7.4 41% 35% 1.8 2.4 GEL 27.6 bln + 11% YoY 2 Cash loans Mortgages and ot
Slide 13: Increasing digital engagement: 1.3 mln digital MAU, up 24% YoY
Increasing digital engagement: 1.3 mln digital MAU, up 24% YoY 1.9 mln > 250 k 70 % Monthly active customers Digital MAU added in a year Digital MAU penetration (MAC) +8pp YoY Digital users (thousands) Share of consumer loans and retail deposits issued fully digitally 47 % 47 % 47 % 46 % 47 % 1,301
Slide 14: TBC Uzbekistan
TBC Uzbekistan
Slide 15: Uzbekistan's economy continues to grow strongly
Uzbekistan’s economy continues to grow strongly Real GDP growth (%) Annual inflation and monetary policy rate (%) 8.2 7.7 14.0 12.5 5.0 6.7 7.0 6.1 6.3 7.3 6.2 1.6 Dec-24 Sep-20 Dec-20 Sep-21 Dec-21 Sep-22 Dec-22 Sep-23 Dec-23 Sep-24 Mar-25 Sep-25 Dec-25 Sep-26 Dec-26 Mar-21 Mar-22 Mar-23 Mar-24 Mar
Slide 16: 2025: Expanding the digital ecosystem
2025: Expanding the digital ecosystem Building out Accessing retailers business lending through BILLZ Business Business 134 k >3 k Business l oans issued Active sellers 65 % QoQ USD 1.4 bln Business loan portfolio growth GTV (+73% YoY) Payments volumes Salom card driving Osmon credit card Payme Plus
Slide 17: TBC Uzbekistan: continuing to scale up
TBC Uzbekistan : continuing to scale up Registered users (mln) Gross loans (GEL mln) Total operating income (GEL mln) 189 USD 62 USD 946 170 23.0 2,636 161 GEL 171 21.8 2,464 GEL 2,550 20.8 19.7 137 18.4 2,150 17.1 15.9 1,758 111 14.8 13.4 91 11.3 12.2 1,374 10.3 1,202 74 970 65 829 48 54 555 662 40
Slide 18: Increasing market share, material contribution to the Group
Increasing market share, material contribution to the Group Retail loans market share FY 2025 Uzbekistan contribution in Group (% share) Net profit 4.0% 4.2% 9% 2.4% 1.4% GEL 1,420 mln 0.5% 0.0% Group net profit Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Retail deposits market share Total operating i
Slide 19: George Tkhelidze appointed CEO of JSC TBC Bank
George Tkhelidze appointed CEO of JSC TBC Bank • George Tkhelidze appointed CEO of JSC TBC Bank, effective 1 March 2026 (subject to regulatory approvals) • Vakhtang Butskhrikidze remains Group CEO and hands over management of Georgian operations This change: Enables Group CEO Ensures leadership Supp
Slide 20: 4Q and FY 2025 Group Financial Results
4Q and FY 2025 Group Financial Results
Slide 21: Strong profitability with ~25% ROE and net profit +16% YoY in 4Q
Strong profitability with ~25% ROE and net profit +16% YoY in 4Q Net profit (GEL mln ) ROE +16% +0.8pp +9% +5% -1.4pp +0.5pp 25.6% 24.9% 24.2% 24.1% 24.4% 1,308 1,420 335 368 387 FY 2024 FY 2025 4Q 2024 3Q 2025 4Q 2025 FY 2024 FY 2025 4Q 2024 3Q 2025 4Q 2025 21 Source: IFRS Group Data
Slide 22: Operating income up by 15% YoY in 4Q, led by 23% YoY NII growth
Operating income up by 15% YoY in 4Q, led by 23% YoY NII growth Total operating income (GEL mln ) Non -interest income (GEL mln ) +15% -0% +20% +2% +11% +2% 3,390 2,834 1,038 1,038 933 933 421 413 2,352 784 880 901 276 268 275 1,901 617 276 268 275 520 128 117 113 508 612 626 148 151 162 FY 2024 FY
Slide 23: NIM up 30bps in 2025 to 7%
NIM up 30bps in 2025 to 7% NIM Cost of funding, cost of deposit, loan and asset yields 5.8 % 24.4 % 5.8 % 21.6% 5.7% 24 .2% 6 .0% 20 .9 % 6.0 % 18.8 % +0.3pp +0.3pp -0.1pp 14.7% 14.7% 14.5% 13.5% 13.1% 14.0% 14.3% 14.1% 12.4% 12.6% 6.8% 6.3% 6.9% 6.9% 6.1% 6.7% 7.0% 6.7% 7.1% 7.0% 5.4% 5.7% 5.4% 5.8
Slide 24: Efficiency ratio improving as costs up just 10% YoY in 4Q
Efficiency ratio improving as costs up just 10% YoY in 4Q Total operating expenses (GEL mln ) Cost to income +10% -1.8pp +18% +1% -0.4pp - 0.4pp 1,270 1,073 619 503 37.9% 37.5% 39.1% 37.7% 37.3% 307 332 336 570 651 148 164 162 159 168 174 FY 2024 FY 2025 4Q 2024 3Q 2025 4Q 2025 FY 2024 FY 2025 4Q 20
Slide 25: Declining risk costs in 4Q in both Georgia and Uzbekistan
Declining risk costs in 4Q in both Georgia and Uzbekistan NPLs Cost of risk 144% 72% 140% 74 % 142% 78% 136% 75% 128% 71% 0.5 % 6.3 % 0.7 % 10.2% 0.6% 7.7% 0.8% 9.7% 0. 4% 8.5 % +0.1pp +0.7pp - 0.5pp 1.5% 1.6% 2.7% 2.7% 2.5% 2.5% 2.2% 1.1% 1.0% 0.8% 31-Dec-24 31-Mar-25 30-Jun-25 30-Sep-25 31-Dec-25
Slide 26: Solid mid-teen balance sheet growth
Solid mid -teen balance sheet growth Gross loans portfolio (GEL bln ) Gross loans breakdown (31 December 2025) +13%/+12% 1 +5%/+5% 1 CIB Retail 37% 32% GEL 30 .2 bln 28.7 30.2 26.7 8% 20% 3% Uzbekistan MSME 31-Dec-24 30-Sep-25 31-Dec-25 Other 2 Customer deposits portfolio 3 (GEL bln) Customer deposi
Slide 27: TBC Uzbekistan: loan portfolio breakdown
TBC Uzbekistan: loan portfolio breakdown UZ business consolidated portfolio per IFRS 1 (31-Dec -25) Business 16% Unsecured cash loans Credit cards 7% GEL 2,550 mln POS & 12% BNPL 65% As per CBU methodology 2 , TBC UZ Bank standalone gross loan portfolio split as of 31 December 2025 is as follows: •
Slide 28: Retaining material capital buffers
Retaining material capital buffers GEORGIA UZBEKISTAN 22.5% 19.8% 18.2% 18.2% 18.9% 16.6% 20.0% 17.0% 14.8% 13.0% 10.0% 8.0% CET1 Tier1 Total CET1 Tier1 Total Min. requirements Min. requirements 28 As of 31 December 2025 Capital adequacy ratios are calculated for the Bank only
Slide 29: Strong capital position and high profit generation enable 10% YoY DPS increase
Strong capital position and high profit generation enable 10% YoY DPS increase Total dividend and share buyback 1 (GEL mln ) Total DPS (GEL) +25% CAGR 25% 30% 35% 35% 35% 39% 35 % 40% 8.87 56 4 3.87 499 75 50 4Q 393 348 3Q 8.1 1.75 50 7.22 2Q 489 200 449 5.45 1Q 1.75 298 3.66 1.5 2021 2022 2023 2024
Slide 30: Appendix
Appendix 30
Slide 31: Group: profit and loss statement
Group: profit and loss statement Change Change Change GEL mln 4Q 2025 3Q 2025 4Q 2024 YoY QoQ FY 2025 FY 2024 YoY Net interest income 626 612 508 23% 2% 2,352 1,901 24% Net fee and commission income 162 151 148 9% 7% 617 520 19% Other operating non -interest income 113 117 128 (12%) (4%) 421 412 2%
Slide 32: Group: key ratios
Group: key ratios 4Q 2025 FY 2025 Georgian Georgian financial financial services Uzbekistan Group services Uzbekistan Group ROE 1 25.7% 16.4% 24.9% 24.3% 18.4% 24.2% ROA 2 3.8% 3.6% 3.4% 3.6% 4.2% 3.3% Cost to income 3 32.9% 46.5% 37.3% 33.0% 44.3% 37.5% Cost of risk 4 0.4% 8.5% 1.1% 0.7% 10.2% 1.5%
Slide 33: Appendix: Georgia
Georgia | Appendix 33
Slide 34: Shifting toward digital channels
Shifting toward digital channels Number of disbursed unsecured consumer loans in Number of branch transactions (thousands) remote channels (thousands) +14% YoY -57% 5Y 241 533 211 218 203 494 196 359 269 227 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 2021 2022 2023 2024 2025 34 Average monthly branch t
Slide 35: Our Award-Winning Retail Banking App
Our Award -Winning Retail Banking App Daily banking Lending products Savings • TBC Card with special benefits • Fully digital consumer lending • Fully digital deposits • Instant transfers & payments • Pre -approved credit limits • Activation of “ Mysafe ” • Cross -bank P2P transfers • BNPL • Online
Slide 36: ESG ratings and scores
ESG ratings and scores TBC Bank Group PLC is a member of the FTSE4Good Index Series since June 2020 FTSE4Good is a global sustainable investment index series, designed to identify companies that demonstrate strong Environmental, Social and Governance (ESG) practices measured against international TB
Slide 37: 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 acti vities, setting impact targets and committing to reporting its progress on an annual basis Sustainable Portfolio Job Creat
Slide 38: Appendix: Georgian Economy
Georgian Economy Appendix 38
Slide 39: Georgia Snapshot
Georgia Snapshot Population Average age Nominal GDP 2025 3.9 mln 38 $ 38.0 bln GDP per capita GDP per capita, PPP Gross international (2024) (2024) reserves (Dec -2025) $ 10,169 $ 33 ,40 0 $ 6.2 bln Monetary policy rate Inflation (Dec -2025) Credit Ratings (Dec -2025) 39 8.0 % 4.0 % BB Stable
Slide 40: Economic growth remains strong
Economic growth remains strong Real GDP growth (YoY, %) GDP composition (Last 4Q: 4 Q24 -3 Q25) 24.7 Trade (15%) Real estate activities (9%) 13% 15% 14.8 14.5 Manufacturing (9%) 13.1 10.9 4% Construction (8%) 10.5 9.49.8 9.9 8.6 8.5 7.4 4% 6.86.36.6 6.5 10.8 6.87.3 6.46.8 9% Information and communic
Slide 41: External inflows up 9% YoY in 2025 and remain well diversified
External inflows up 9% YoY in 2025 and remain well diversified Exports, tourism, remittances and FDI (mln USD) Share of countries in exports, tourism, remittances and FDI 5,500 Export Tourism 2025 5,000 Remittances FDI EU** 4,500 IT Service Export Inflows Russia* Inflows w/o Russia 17% 4,000 24% Kyr
Slide 42: GEL looks slightly undervalued
GEL looks slightly undervalued USD/GEL and GEL REER (as of 31 -Dec -25) Percentage change against USD in 2025 (as of 31 -Dec -25) 150 1.0 40.4 140 1.5 130 2.0 120 2.5 12.8 110 7.4 7.4 3.0 3.9 4.0 4.1 100 0.0 3.5 -0.8 90 80 4.0 Jan-03 Jan-14 Jan-25 Feb-02 Dec-03 Sep-06 Dec-14 Aug-07 Feb-13 Sep-17 Aug
Slide 43: International reserves at record highs, fiscal balance improves further
International reserves at record highs, fiscal balance improves further Gross international reserves and NBG interventions (mln USD) Fiscal and public debt/GDP (%) 7,000 1050 70 0 6,159 900 -1 60 -1.2 6,000 750 -1.9 -2 -2.3 -2.1 600 -2.4 -2.4 -2.3 -2.3 -2.6 5,000 50 -2.7 -3.0 -3 450 300 -4 4,000 40
Slide 44: Georgian banking sector key highlights
44 80 40 40 60 50 30 30 70 20 35 25 15 Jun-16 2015Q4 Sep-16 Dec-16 2016Q2 Mar-17 Jun-17 2016Q4 Sep-17 Dec-17 2017Q2 Mar-18 Jun-18 2017Q4 Source: Geostat , NBG, TBC Capital Sep-18 Dec-18 2018Q2 Mar-19 2018Q4 Jun-19 Sep-19 2019Q2 (1) On a constant currency basis, as of 31 Dec 2025 Dec-19 Individual Ma
Slide 45: Georgia: key macro variables
Georgia: key macro variables 2021 2022 2023 2024 2025 2026 GDP Growth, YoY, % 10.6 11.0 7.8 9.4 7.5 4.5 GDP, current USD, USD billion 18.9 25.0 30.5 33.8 38.0 40.7 Inflation (EOP), YoY, % 13.9 9.8 0.4 1.9 4.0 3.5 Monetary Policy Rate (EOP), % 10.5 11.0 9.5 8.0 8.0 7.5 Current account Balance, % of G
Slide 46: Appendix: Uzbekistan
Uzbekistan Appendix 46
Slide 47: Uzbekistan regulatory changes
Uzbekistan regulatory changes New limits on retail loan composition In April 2025, the Central Bank of Uzbekistan introduced regulatory changes that will limit the respective share of microloan s, credit cards and car loans in bank’s credit portfolio each to 25%. This came into force from 24 July 20
Slide 48: TBC Uzbekistan's Digital Growth Story
23.0 TBC Uzbekistan’s Digital Growth Story 18.4 Number of registered users (EOP) • Launched Business loans • Launched Payme Plus and 13.4 TBC Plus subscriptions • Launched Salom debit card, Osmon • Launched Expat Banking credit card, and business banking • Strategic M&A: acquired 9.4 BILLZ • TBC UZ
Slide 49: TBC Uzbekistan digital ecosystem and flywheel
TBC Uzbekistan digital ecosystem and flywheel Connecting consumers and business through strong network effects Consumer TBC UZ Business Banking Ecosystem Banking 49
Slide 50: Appendix: Uzbekistan Economy
Uzbekistan Economy Appendix 50
Slide 51: Uzbekistan Snapshot
Uzbekistan Snapshot Population Average age Nominal GDP 2025 38.2 mln 29 -34 $ 145 .9 bln GDP per capita GDP per capita, PPP Gross international (2025) (2025) reserves (Sep -2025) $ 3, 875 $ 13,330 $ 66.3 bln Monetary policy rate Inflation (Dec -202 5) Credit Ratings (Dec -2025) 51 14% 7.3 % BB Stabl
Slide 52: Economic growth has accelerated
Economic growth has accelerated Real GDP growth (YoY, %) GDP composition (Last 4Q: 4Q24 -3Q25) 11.1 Manufacturing industry (21%) 9.3 8.2 21% Agriculture, forestry and fishing (17%) 7.9 7.6 7.5 7.2 29% 6.86.9 6.9 6.8 6.6 6.4 6.7 6.8 Construction (7%) 6.4 6.5 6.4 6.56.5 5.9 5.6 5.75.9 4.9 4.9 5.1 Trad
Slide 53: External inflows well diversified, current account deficit has declined
External inflows well diversified, current account deficit has declined Export of goods and services by countries (% of total export, Export and Import of Goods, FDI, Tourism and Remittance 2025) flows, $ mln and CA balance as % of GDP 50000 4 40000 2.6 2.4 12.8% 2 1.8 1.8 30000 1.0 0.2 7.3% -0.2 0
Slide 54: Uzbekistan banking sector key highlights
54 80 40 60 20 0 40 50 30 20 0 10 Mar-17 2017Q-4 Jun-17 Sep-17 2018Q-1 Dec-17 2018Q-2 Mar-18 2018Q-3 Jun-18 2018Q-4 Sep-18 2019Q-1 Dec-18 2019Q-2 Source: Uzstat , CBU, TBC Capital Loans by segments Mar-19 2019Q-3 Jun-19 2019Q-4 Sep-19 2020Q-1 Dec-19 2020Q-2 Mar-20 2020Q-3 (1) On a constant currency
Slide 55: Retail credit penetration and GDP per capita
Retail credit penetration and GDP per capita (2024) 120 100 Canada Thailand Korea 80 Househhold debt to GDP, % United Kingdom Malaysia United States Finland 60 Cyprus France Portugal India Germany Chile Singapore Georgia Israel 40 Brazil Saudi Arabia Italy South Africa North Macedonia Croatia Czech
Slide 56: UZS strengthens, gross international reserves at 45% of GDP
UZS strengthens, gross international reserves at 45% of GDP USD/UZS and UZS REER International Reserves and Public Debt (% of GDP) 120 0 70 3 2.2 2 2000 60 1.9 100 1.6 1.0 1 4000 50 0.7 80 0 40 -0.3 -0.3 6000 60 -1 52 8000 30 -2 40 -2.3 -2.3 10000 20 -3.0 -3 20 12,025 -3.7 12000 10 -4 -4.1 -4.0 0 14
Slide 57: Uzbekistan: key macro variables
Uzbekistan: key macro variables 2021 2022 2023 2024 2025 2026 GDP Growth, YoY, % 8.2 6.1 6.3 6.7 7.7 7.0 GDP, current USD, USD billion 81.2 94.3 107.5 121.4 145.9 161.9 Inflation (EOP), YoY, % 9.8 12.0 8.8 9.8 7.3 6.2 Monetary Policy Rate (EOP), % 14.0 15.0 14.0 13.5 14.0 12.5 Budget Balance, % of G
Slide 58: Appendix: Selected Financial Data
Selected Financial Data Appendix 58
Slide 59: Group: balance sheet structure
Group: balance sheet structure Assets structure (GEL bln ) Liabilities structure (GEL bln ) 43.6 43.9 37.5 37.6 40.2 6% 9% 34.4 6% 8% 6% 20% 20% 7% 22% 2% 3% 3% 64% 67% 65% 67% 68% 66% 14% 13% 14% 6% 8% 7% 9% 10% 10% 31-Dec-24 30-Sep-25 31-Dec-25 31-Dec-24 30-Sep-25 31-Dec-25 Due to credit instituti
Slide 60: Group: loan breakdown by stages according to IFRS 9
Group: loan breakdown by stages according to IFRS 9 Total: gross loans (GEL mln ) & LLP ratio 1 LLP Ratio 28,714 LLP Ratio 30,152 LLP Ratio 804 839 26,722 1.6% 2.1% 1,960 1.9% 599 2,065 1,533 31.8% 35.1% 35.6% Stage 1 5.7% 6 .1% 6.2% Stage 2 24,590 25,845 27,353 Stage 3 0.6% 0.7% 0.6% LLP ratio 1 31
Slide 61: Group: loan portfolio asset quality
Group: loan portfolio asset quality NPLs Cost of risk 2.2% 2.5% 2.5% 2.7% 2.7% 1.0% 1.4% 1.6% 1.6 % 1.1% Retail Georgia Retail Georgia 1.4% 1.5% 1.6% 1.6% 1.5% 1.0% 1.3% 1.8% 1.7% 0.8% CIB Georgia CIB Georgia 0.1% 0.3% 0.2% 0.2% 0.1% 1.6% 1.5% 1.5% 2.2% 2.2% MSME Georgia MSME Georgia 0.6% 0.8% 0.5%
Slide 62: Georgia: loans segment breakdown
Georgia: loans segment breakdown Gross loan portfolio breakdown (GEL bln ) Retail Georgia banking gross loans (GEL bln ) +11% / +11% 1 +12% / +1 2% 1 26.1 27.6 24.9 9.8 0.6 8.7 9.4 0.4 0.6 5.9 6.0 5.4 5.9 5.1 5.2 9.9 10.2 11.2 3.6 4.2 4.4 8.7 9.4 9.8 31-Dec-24 30-Sep-25 31-Dec-25 31-Dec-24 30-Sep-25
Slide 63: Georgia: deposits segment breakdown
Georgia: deposits segment breakdown Customer deposit portfolio breakdown 1 (GEL bln ) Retail Georgia banking deposits (GEL bln ) +11% / +12% 2 +15% / +1 6 % 2 23.4 24.1 21.7 2.2 9.2 9.7 2.0 2.1 8.5 11.3 12.3 12.3 3.8 4.6 4.9 8.5 9.2 9.7 4.7 4.6 4.8 31-Dec-24 30-Sep-25 31-Dec-25 31-Dec-24 30-Sep-25 3
Slide 64: Georgia: loans and deposits FX exposure
Georgia: loans and deposits FX exposure Gross loans Deposits 1% 1% 1% 9% 9% 9% 17% 18% 17% 30% 28% 29% 44% 44% 41% 53% 54% 54% 48% 46% 46% 31-Dec-24 30-Sep-25 31-Dec-25 31-Dec-24 30-Sep-25 31-Dec-25 GEL USD EUR GEL USD EUR Other 64 Source: IFRS Group Data
Slide 65: Georgia: market shares
Georgia: market shares Loan market shares Deposit market shares Total Total 38.4% 38.2% 36.9% 38.1% 37.2% 37.1% 38.0% 37.8% 37.2% 37.3% Legal entities Legal entities 39.1% 39.1% 39.2% 39.3% 40.8% 38.7% 41.0% 38.8% 39.1% 38.6% Individual customers Individual customers 37.8% 37.0% 36.5% 35.9% 35.6% 35
Slide 66: Georgia: strong liquidity and diversified funding base
Georgia: strong liquidity and diversified funding base Liability structure (31 December 2025) Liquidity ratios 1 100 % 99% 6% 3% Customer Deposits 124% 126% 124% 128% 20% GEL 34 bln Due to Credit Institutions 100% Total liabilities 100% Debt Securities in Issue and 71% subordinated debt Other Liabil
Slide 67: Georgia: high collateralization and low LTVs across bank segments
Georgia: high collateralization and low LTVs across bank segments 74% of the loan book is secured by cash, gold and real estate LTVs by segments (31 December 2025) (31 December 2025) 1% Real Estate 2% 6% Unsecured Inventory 71% 65% Cash Cover 50% 54% 48% 20% Gold MSME Georgia Retail Georgia CIB Geor
Slide 68: Ratio definitions
Ratio definitions 1. Return on average total equity (ROE) equals profit attributable to owners divided by the monthly average of total shareholder s’ equity attributable to the PLC’s equity holders for the same period; annualised where applicable. 2. Return on average total assets (ROA) equals profi
Slide 69: Glossary
Glossary Terminology Definition CBU Central Bank of Uzbekistan Consumer loans Unsecured loans to individuals Average daily active users divided by monthly active users. TBC Group figure includes TBC’s digital channels in Georgia, as DAU/MAU well as those at TBC UZ and Payme Digital daily active user
Slide 70: Contact Investor Relations
CONTAC T INVESTO R RELATIONS Andrew Keeley Anna Romelashvili Investor Relations Director of Investor Relations Head of Investor Relations Department E -mail: AKeeley@tbcbank.com.ge E -mail: ARomelashvili@tbcbank.com.ge E -mail: IR@tbcbank.com.ge Tel: +44 (0) 7791 569834 Tel: +(995 ) 577 20 52 90 Tel