London, 9 March 2026

Lion Finance Group PLC announces Director Appointment

Lion Finance Group PLC (the "Company" or the "Group") announces that Armen Orujyan has been appointed to the Board of Directors as an independent Non-Executive Director with effect from 9 March 2026.

Dr. Orujyan brings executive expertise in deep‑tech innovation, venture scaling and global digital policy, and his biography is presented below. The appointment follows a comprehensive, independent recruitment process led by the Nomination Committee and supported by an executive search firm.

Dr. Orujyan has also been appointed as a member of the Risk Committee and the Nomination Committee.

Mel Carvill, Lion Finance Group PLC's Chair, commented:

"We are delighted to welcome Armen to the Board. His unique combination of deep‑tech leadership, international policy expertise, and proven capability in building innovation ecosystems will bring valuable insight to our strategic agenda. Armen's global outlook aligns strongly with our ambitions across our core markets, and we look forward to working with him as the Group continues to grow."

Biography

Dr. Orujyan currently serves as the Founder and CEO of Curio Ventures, where he leads the firm in ventures that address critical global challenges through deep-tech innovation and growth-focused business models. He holds a Ph.D. from Claremont Graduate University, where he received the Distinguished Alumni Award, and a B.A. with honours from UCLA.

Previously, as the Founding CEO of the Foundation for Armenian Science and Technology (FAST), he significantly elevated Armenia's standing in the international innovation landscape, particularly within artificial intelligence, biotechnology, and other STEM fields. He founded Athgo Corporation, a UN-recognised global entrepreneurship platform that cultivated over 10,000 young innovators across 80 nations, and has served as a Founding Member and Co-Chairman of the UN's Global Alliance for ICT and Development (GAID) and as a Commissioner on the UN's Broadband Commission for Digital Development. He has held prominent advisory roles at Rice University's Baker Institute for Public Policy and the Asia Society Global Council.

There are no other details that are required to be disclosed under UK Listing Rule 6.4.8.

For further information, please contact: Computershare Company Secretarial Services Limited, LionFinanceGroup-CoSec@computershare.co.uk

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary

About Lion Finance Group PLC

Lion Finance Group PLC (LSE: BGEO LN) is an LSE listed company whose main 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.lionfinancegroup.uk 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