London, 3 December 2021

Bank of Georgia Group PLC announces Board Committee change

Further to Bank of Georgia Group PLC's ("Bank of Georgia Group" or the "Group") announcement of 15 March 2021, the Group announces that Véronique McCarroll, an independent non-executive director, will replace Tamaz Georgadze as Chair of the Risk Committee, effective from 1 January 2022.  Mr Georgadze will remain a member of the Risk Committee. The membership of the Risk Committee is otherwise unchanged.

This announcement has been made in accordance with the requirements of Listing Rule 9.6.11.

Name of authorised official of issuer responsible for making notification:

Link Company Matters Limited - Company Secretary

About Bank of Georgia Group PLC

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company, which comprises: a) retail banking and payment services; b) corporate banking and investment banking operations in Georgia; and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the systemically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in payments business and financial mobile application, with the strong retail and corporate banking franchise in Georgia. With a continued focus on increasing digitalisation and expanding technological and data analytics capabilities, the Group aims to offer more personalised solutions and seamless experiences to its customers to enable them to achieve more of their potential. The Group aims to benefit from growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking services targets to deliver on its strategy, which is based on at least 20% ROAE and c.10% growth of its loan book in the medium-term. 

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