London, 24 July 2024

Bank of Georgia and Ameriabank named as Best Banks by Euromoney

Bank of Georgia Group PLC (the "Group") announces that its banking subsidiaries, Bank of Georgia and Ameriabank were named Best Banks in Georgia and Armenia, respectively, by the Euromoney Awards for Excellence 2024, a prestigious annual awards programme for the banking industry.

Bank of Georgia was also recognised as Best Bank in Georgia for Corporate Responsibility. The Group's investment banking subsidiary in Georgia, Galt and Taggart, was named Best Investment Bank. Ameriabank also won awards for Best Digital Bank and Best Bank for SMEs in Armenia

Euromoney highlighted the strong financial performance, remarkable customer franchise growth, and progress in the digital product offerings and services at both Bank of Georgia and Ameriabank.

Archil Gachechiladze, CEO of Bank of Georgia Group PLC, commented: "We are delighted that our two main subsidiaries - Bank of Georgia and Ameriabank - have been recognised as Best Banks in Georgia and Armenia, respectively. These achievements reflect the customer-centric mindset of both banks and the dedication of our employees to ensure continuous development. We remain focused on being the main bank for our customers, delivering a superior customer experience through increased digitalisation, and driving the growth and profitability of the whole Group."

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 (LSE: BGEO LN) is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.

Legal Entity Identifier: 213800XKDG12NQG8VC53

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

This news 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