Bank of Georgia Representative Office Istanbul Signs Joint Services Agreement with Aktif Bank

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading
bank announces that the Bank’s representative office in Istanbul has signed a joint services agreement with Aktif Bank, the
privately owned investment bank in Turkey to facilitate money transfer and other services for the Bank’s clients. The
agreement was signed during the formal opening ceremony of the Istanbul representative office, which was established
with the primary view of capturing investments and trade flows between Georgia and Turkey and deepening relationship
with Turkish financial institutions and business community.

“I am excited that in parallel to opening a representative office in Istanbul, we are joining forces with Atkif Bank to capture
business opportunities arising from strong economic partnership between Georgia and Turkey. I am sure that Aktif Bank,
which is one of the most entrepreneurial and innovative banks in Turkey, will be an invaluable partner with our new
business endeavors in the region”, commented Irakli Gilauri, Chief Executive Officer of Bank of Georgia.