Bank of Georgia Wealth Management

Contents 1 Bank of Georgia 1.1 About Bank of Georgia 1.2 Georgia – an attractive jurisdiction for investment and Wealth Management WEALTH MANAGEMENT SERVICES 2 Private Banking 2.1 Private Banker 2.2 OneCard 2.3 Deposits 2.4 Credit solutions 2.5 American Express International Currency Cards 2.6 Remote banking 2.7 Investment Management 3 Personal support and lifestyle management 3.1 Tax advisory services 3.2 Real estate 3.3 Insurance 3.4 Club24 3.5 OneCard special offers 4 Contact details 4.1 Contact details

1 Bank of Georgia

1.1 About Bank of Georgia

1.2 Georgia – an attractive jurisdiction for investment and Wealth Management

WEALTH MANAGEMENT SERVICES

2 Private Banking

2.1 Private Banker

2.2 OneCard

2.3 Deposits

2.4 Credit solutions

2.5 American Express International Currency Cards

2.6 Remote banking

2.7 Investment Management

1. Bank of Georgia – Leading Bank on the Georgian Market

1.1 Bank of Georgia Universal bank with operations in 3 countries: Georgia, Ukraine and Belarus 6 Diversified Business Lines: Retail Bank, Corporate and Investment Bank, Wealth Management, Securities, Asset Management and Insurance Publicly Traded on International and National Exchanges: London Stock Exchange (BGEO) Georgian Stock Exchange (GEB) Berlin-Bremen Boerse (B7D1) Largest Bank by assets, loans, deposits and equity in Georgia – 33% market share by total assets (National Bank of Georgia, September 30, 2008) Strong, internationally experienced management team Good access to debt funding allows for robust future growth Lenders include Citigroup, Merrill Lynch, Commerzbank, HBK Investments, Thames River Capital, World Business Capita, European Bank for Reconstruction and Development The bank continues to receive additional funding from several international financial institutions;

Universal bank with operations in 3 countries: Georgia, Ukraine and Belarus

6 Diversified Business Lines: Retail Bank, Corporate and Investment Bank, Wealth Management, Securities, Asset Management and Insurance

Publicly Traded on International and National Exchanges:

London Stock Exchange (BGEO)

Georgian Stock Exchange (GEB)

Berlin-Bremen Boerse (B7D1)

Largest Bank by assets, loans, deposits and equity in Georgia – 33% market share by total assets (National Bank of Georgia, September 30, 2008)

Strong, internationally experienced management team

Good access to debt funding allows for robust future growth

Lenders include Citigroup, Merrill Lynch, Commerzbank, HBK Investments, Thames River Capital, World Business Capita, European Bank for Reconstruction and Development

The bank continues to receive additional funding from several international financial institutions;

1.2 Georgia - an attractive jurisdiction for investments and Wealth Management No currency or capital controls or repatriation limitations since the mid -1990s Freely convertible stable currency, rapidly evolving FX market No stamp duty or VAT on securities transaction VAT does not apply to financial services No Tax on inheritance No wealth tax 1% property tax on self-assessed property Double Taxation Treaty signed with 24 countries: Ireland, Czech Republic, France, Poland, Russia, Germany, China, Latvia, Italy, Belgium, Ukraine, Iran, Austria, United Kingdom, Lithuania, the Netherlands, Greece, Bulgaria, Romania, Turkmenistan, Armenia, Kazakhstan, Azerbaijan, Uzbekistan. ADDITIONAL ADVANTAGES FOR INVESTING IN GEORGIA Changed in effect since January 1, 2009 0% tax on interest income on bank deposits 0% tax on dividends of publicly traded equity 7.5% tax on other interest income and dividend (decreased from 10%, will decrease to 0% by 2012) 20% income tax for individuals (decreased from 25%, will decrease to 15% by 2013)

No currency or capital controls or repatriation limitations since the mid -1990s

Freely convertible stable currency, rapidly evolving FX market

No stamp duty or VAT on securities transaction

VAT does not apply to financial services

No Tax on inheritance

No wealth tax

1% property tax on self-assessed property

Double Taxation Treaty signed with 24 countries:

Ireland, Czech Republic, France, Poland, Russia, Germany, China, Latvia, Italy, Belgium, Ukraine, Iran, Austria, United Kingdom, Lithuania, the Netherlands, Greece, Bulgaria, Romania, Turkmenistan, Armenia, Kazakhstan, Azerbaijan, Uzbekistan.

ADDITIONAL ADVANTAGES FOR INVESTING

IN GEORGIA

Changed in effect since January 1, 2009

0% tax on interest income on bank deposits

0% tax on dividends of publicly traded equity

7.5% tax on other interest income and dividend (decreased from 10%, will decrease to 0% by 2012)

20% income tax for individuals (decreased from 25%, will decrease to 15% by 2013)

Wealth Management Services

Bank of Georgia offers a unique value proposition for our clients A guiding principle behind Wealth Management is to help clients make financial decisions that consider all aspects of their personal financial situation. Our dedicated staff will provide you with necessary guidance and support to make informed decisions, whether it is to choose a proper savings program, manage your liabilities, diversify your investments, ensure proper insurance coverage or succession planning. In addition to your financial matters, we offer additional services and special offers to support your lifestyle, including real estate brokerage, tax advisory, travel agency services, and discounts and enhanced access to some of the high end services in Georgia. As a client, you have access to Club24 – a unique site, where you will be able to hold business meetings, organize business dinners, receptions, or enjoy your time with friends in the Club24 restaurant, cigar lounge or wine bar.

A guiding principle behind Wealth Management is to help clients make financial decisions that consider all aspects of their personal financial situation. Our dedicated staff will provide you with necessary guidance and support to make informed decisions, whether it is to choose a proper savings program, manage your liabilities, diversify your investments, ensure proper insurance coverage or succession planning.

In addition to your financial matters, we offer additional services and special offers to support your lifestyle, including real estate brokerage, tax advisory, travel agency services, and discounts and enhanced access to some of the high end services in Georgia.

As a client, you have access to Club24 – a unique site, where you will be able to hold business meetings, organize business dinners, receptions, or enjoy your time with friends in the Club24 restaurant, cigar lounge or wine bar.

2. Private Banking

2.1 Private Banker A dedicated private banker is a primary point of contact for each client. This individual approach ensures efficient management of the needs that clients may have, including but not limited to banking, asset and investment management or insurance. After learning your objectives and needs, your private banker can advise you and offer you appropriate solutions for growing your wealth, for managing your liabilities or taking insurance measures. In addition to your Private Banker, you have the support of a designated Customer Service Associate. For 24-hour access, the internet banking is also available.

A dedicated private banker is a primary point of contact for each client. This individual approach ensures efficient management of the needs that clients may have, including but not limited to banking, asset and investment management or insurance.

After learning your objectives and needs, your private banker can advise you and offer you appropriate solutions for growing your wealth, for managing your liabilities or taking insurance measures.

In addition to your Private Banker, you have the support of a designated Customer Service Associate. For 24-hour access, the internet banking is also available.

2.2 OneCard OneCard is the cornerstone of our Private Banking services. Its unique multi currency features were designed exclusively for our Private Banking clients. What can OneCard offer you? A flexible multi-currency account allowing for up to four sub-accounts in different currencies (Lari, US$, £ and €) linked to OneCard for your convenience. You choose the core currency account. High interest rate of 6 % per annum , accrued on the daily balances you keep on your OneCard account in all currencies , eliminating the need to open separate savings accounts or term deposits. Overdraft limit suitable for your spending pattern and lifestyle Ability to withdraw cash from any of our ATMs, service centers or at any ATMs globally accepting VISA or MasterCard debit cards Additional cards , linked to your OneCard account, for your family members and significant others Ability to create standing orders for regular, fixed outgoing payments such as loans or utility payments Enhanced access and discounts in selected shops, restaurants and cafes, airlines, hotels and health clubs in Georgia.

OneCard is the cornerstone of our Private Banking services. Its unique multi

currency features were designed exclusively for our Private Banking clients. What can OneCard offer you?

A flexible multi-currency account allowing for up to four sub-accounts in different currencies (Lari, US$, £ and €) linked to OneCard for your convenience. You choose the core currency account.

High interest rate of 6 % per annum , accrued on the daily balances you keep on your OneCard account in all currencies , eliminating the need to open separate savings accounts or term deposits.

Overdraft limit suitable for your spending pattern and lifestyle

Ability to withdraw cash from any of our ATMs, service centers or at any ATMs globally accepting VISA or MasterCard debit cards

Additional cards , linked to your OneCard account, for your family members and significant others

Ability to create standing orders for regular, fixed outgoing payments such as loans or utility payments

Enhanced access and discounts in selected shops, restaurants and cafes, airlines, hotels and health clubs in Georgia.

2.3 Deposits Bank of Georgia Wealth Management has a variety of deposit programs to suit different financial needs and objectives of our clients. Your Private Banker will advise you which program may best help you regarding your particular financial situation. Term Deposits – annual 10.00% and more in USD/EUR/GBP Savings Account – OneCard , multi-currency account – up to 6% in all currencies

Bank of Georgia Wealth Management has a variety of deposit programs to suit different financial needs and objectives of our clients. Your Private Banker will advise you which program may best help you regarding your particular financial situation.

Term Deposits – annual 10.00% and more in USD/EUR/GBP

Savings Account – OneCard , multi-currency account – up to 6% in all currencies

2.4 Credit Solutions We offer a range of credit services to help clients meet their specific borrowing needs. Your Private Banker will be able to provide highly competitive rates for all our services. Mortgage loans Mortgage loans for international clients Car loans Consumer loans Consumer Fast track loans Overdraft Letters of credit and Guarantees Convenience of hassle-free loan repayment through our standing order facility

We offer a range of credit services to help clients meet their specific borrowing needs. Your Private Banker will be able to provide highly competitive rates for all our services.

Mortgage loans

Mortgage loans for international clients

Car loans

Consumer loans

Consumer Fast track loans

Overdraft

Letters of credit and Guarantees

Convenience of hassle-free loan repayment through our standing order facility

2.5 American Express International Currency Cards American Express® International Currency Cards are recognized across the world for the benefits, financial flexibility, security and convenience they offer. Bank of Georgia is proud to be able to offer our Private Banking clients access to the full range of American Express International Currency Cards By applying for any one of the American Express cards through Bank of Georgia, you not only enjoy all the features and benefits provided by American Express for card holders, you also have the convenience of being able to have your monthly statement sent directly to Bank of Georgia for payment.

American Express® International Currency Cards are recognized across the world for the benefits, financial flexibility, security and convenience they offer.

Bank of Georgia is proud to be able to offer our Private Banking clients access to the full range of American Express International Currency Cards

By applying for any one of the American Express cards through Bank of Georgia, you not only enjoy all the features and benefits provided by American Express for card holders, you also have the convenience of being able to have your monthly statement sent directly to Bank of Georgia for payment.

2.6 Remote Banking From anywhere in the world, Bank of Georgia Remote Banking platform enables you to remotely perform approximately 75% of banking transactions offered at Bank of Georgia. The enhanced remote banking services offer a variety of advantages and are very convenient to use. The identification process has been simplified, and in the meanwhile you are granted the highest degree of safety. New remote banking services allow you to perform a number of banking transactions, including transfers to and from the accounts in Georgia and internationally, currency conversions, online payments, blocking and unblocking of the cards, setting up the standing orders and direct debits as well as other transactions. Internet Banking Mobile Banking

From anywhere in the world, Bank of Georgia Remote Banking platform enables you to remotely perform approximately 75% of banking transactions offered at Bank of Georgia. The enhanced remote banking services offer a variety of advantages and are very convenient to use. The identification process has been simplified, and in the meanwhile you are granted the highest degree of safety.

New remote banking services allow you to perform a number of banking transactions, including transfers to and from the accounts in Georgia and internationally, currency conversions, online payments, blocking and unblocking of the cards, setting up the standing orders and direct debits as well as other transactions.

Internet Banking

Mobile Banking

2.7 Investment Management True wealth management demands that clients have the ability to diversify their assets, take advantage of investing opportunities and minimize their risks of concentrated investments, all under the guidance of professionals. Your Private Banker, along with a professional from Galt & Taggart Securities – leading investment bank wholly owned by Bank of Georgia, can provide information, advice and access to help you understand and participate in both the domestic Georgian markets and the international markets of London, New York and beyond. We offer the following services: Equity and Fixed Income Brokerage - trading Georgian and Ukrainian equities and bonds Research - regular company and market research in Georgia and Ukraine, allowing foreign and domestic investors to make informed decisions about opportunities that frontier markets have to offer. Asset Management – discretionary and advisory asset management services as well as Pension Cover Full Scale Investment Banking services -offering world class advisory and M&A services to domestic and international investors

True wealth management demands that clients have the ability to diversify their assets, take advantage of investing opportunities and minimize their risks of concentrated investments, all under the guidance of professionals.

Your Private Banker, along with a professional from Galt & Taggart Securities – leading investment bank wholly owned by Bank of Georgia, can provide information, advice and access to help you understand and participate in both the domestic Georgian markets and the international markets of London, New York and beyond.

We offer the following services:

Equity and Fixed Income Brokerage - trading Georgian and Ukrainian equities and bonds

Research - regular company and market research in Georgia and Ukraine, allowing foreign and domestic investors to make informed decisions about opportunities that frontier markets have to offer.

Asset Management – discretionary and advisory asset management services as well as Pension Cover

Full Scale Investment Banking services -offering world class advisory and M&A services to domestic and international investors

3. Personal support services and lifestyle management

3.1Tax advisory services Another important aspect of managing wealth is in the consideration of taxes. Whether tax questions arise from investing in securities or from investing in a business, our Tax Advisory Services provide high quality service and advice regarding both personal and business taxation in Georgia. Services include, but are not limited to: Assistance in tax registration with local tax authorities; Preparation and filing of tax returns on behalf of our clients; Calculation of all taxes that are or may become payable on: sale of real estate or other forms of property, sale of stocks or bonds at a profit, rendering services (rent, advisory etc), receipt of property gratuitously, inheritance, etc.; Assistance in the property tax calculation / filing processes; Responding to clients’ requests and providing independent opinions on various tax issues related to the taxation of private individuals as well as their businesses in Georgia; Assistance in effecting tax payments and in obtaining, translating and notarizing tax payment certificates for expatriate individuals to obtain tax credit in their home countries.

Another important aspect of managing wealth is in the consideration of taxes. Whether tax questions arise from investing in securities or from investing in a business, our Tax Advisory Services provide high quality service and advice regarding both personal and business taxation in Georgia.

Services include, but are not limited to:

Assistance in tax registration with local tax authorities;

Preparation and filing of tax returns on behalf of our clients;

Calculation of all taxes that are or may become payable on: sale of real estate or other forms of property, sale of stocks or bonds at a profit, rendering services (rent, advisory etc), receipt of property gratuitously, inheritance, etc.;

Assistance in the property tax calculation / filing processes;

Responding to clients’ requests and providing independent opinions on various tax issues related to the taxation of private individuals as well as their businesses in Georgia;

Assistance in effecting tax payments and in obtaining, translating and notarizing tax payment certificates for expatriate individuals to obtain tax credit in their home countries.

3.2 Real Estate Bank of Georgia Wealth Management offers Real Estate Advisory Services through PRESTO – the largest real estate brokerage company in Georgia owned by JSC Bank of Georgia. We offer tailored services to individuals interested in acquiring real estate in Georgia. The services encompass advice and guidance for purchasing real estate, considering client’s interests and taste, whether the real estate is for residence or for investment purposes. You can take advantage of PRESTO’s services and eliminate the need of visiting various sales offices for looking at different types of property as PRESTO holds the largest database of real estate available for sale and investment in Georgia. PRESTO provides appraisal services and develops valuation reports for any type of real estate. In addition, upon request, PRESTO will assign a designated staff to manage your property on your behalf.

Bank of Georgia Wealth Management offers Real Estate Advisory Services through PRESTO – the largest real estate brokerage company in Georgia owned by JSC Bank of Georgia.

We offer tailored services to individuals interested in acquiring real estate in Georgia. The services encompass advice and guidance for purchasing real estate, considering client’s interests and taste, whether the real estate is for residence or for investment purposes.

You can take advantage of PRESTO’s services and eliminate the need of visiting various sales offices for looking at different types of property as PRESTO holds the largest database of real estate available for sale and investment in Georgia.

PRESTO provides appraisal services and develops valuation reports for any type of real estate. In addition, upon request, PRESTO will assign a designated staff to manage your property on your behalf.

3.3 Insurance Insurance is a critical component of any wealth management plan, as it provides protection for the wealth you have worked so hard to build. Despite the best planning, everyone is exposed to risks that can cause a financial loss. Areas for basic coverage include health, travel, motor and property insurance, while those with larger assets or businesses may need to consider additional forms of insurance. Your Private Banker can provide information about these, and other insurance services: Health Insurance, including access a 24-hour insurance hotline, family doctor services, and medical evacuation/repatriation Travel Insurance, designed with the needs of a frequent traveler in mind Motor Insurance, to protect you, your auto and your family Property Insurance, providing the necessary coverage of a primary or summer residence Personal Accident and Disability Insurance Life Insurance More sophisticated types of insurance coverage, tailored to your personal and business needs are also available: Professional Liability Insurance General Third-Party Liability Insurance Cargo Insurance insurance services are provided by Aldagi-BCI, a wholly owned subsidiary of Bank of Georgia. All insurance written is re-insured by leading international reinsurance companies.

Insurance is a critical component of any wealth management plan, as it provides protection for the wealth you have worked so hard to build.

Despite the best planning, everyone is exposed to risks that can cause a financial loss. Areas for basic coverage include health, travel, motor and property insurance, while those with larger assets or businesses may need to consider additional forms of insurance. Your Private Banker can provide information about these, and other insurance services:

Health Insurance, including access a 24-hour insurance hotline, family doctor services, and medical evacuation/repatriation

Travel Insurance, designed with the needs of a frequent traveler in mind

Motor Insurance, to protect you, your auto and your family

Property Insurance, providing the necessary coverage of a primary or summer residence

Personal Accident and Disability Insurance

Life Insurance

More sophisticated types of insurance coverage, tailored to your personal and business needs are also available:

Professional Liability Insurance

General Third-Party Liability Insurance

Cargo Insurance

insurance services are provided by Aldagi-BCI, a wholly owned subsidiary of Bank of Georgia. All insurance written is re-insured by leading international reinsurance companies.

3.4 Access to Club24 Club24, is housed in a former private mansion and is located in a historic district of Tbilisi overlooking the Mtkvari River. The site combines the luxury and exclusivity of a private club with the convenience of various facilities and services. The club offers services to meet clients’ financial and lifestyle needs, including support of a travel agency, a real estate agent, tax specialist, insurance agent and support of a local concierge. In addition, clients can take advantage of the cigar lounge, wine bar, restaurant and meeting rooms.

3.5 OneCard special offers Private Banking clients can benefit from our alliances with a select group of vendors in Georgia. Discounts and special offers are available from the vendors listed below.

Private Banking clients can benefit from our alliances with a select group of vendors in Georgia. Discounts and special offers are available from the vendors listed below.

3.5 OneCard special offers - continued We are in continuous negotiations with additional vendors to procure special discounts and exclusive services for our clients;

4. Contact Details

4.1 Contact details For general enquiries on Wealth Management, or how to become a Private Banking client, please call +995 32 444 333 or write to [email_address] Please visit www.wealthmanagement.ge or www.bog.ge for additional information about Bank of Georgia Wealth Management and Private Banking Services

For general enquiries on Wealth Management, or how to become a Private Banking client,

please call +995 32 444 333

or write to [email_address]

Please visit www.wealthmanagement.ge or www.bog.ge for additional information about Bank of Georgia Wealth Management and Private Banking Services