The total audience of the ecosystem, which includes TBC Bank in Uzbekistan, payment service payme, installment service TBC BNPL, digital insurance platform TBC Sug'urta and SaaS solution for retail BILLZ, reached 24.2 million registered users as of March 31, 2026 - 23% more than a year ago. The monthly active audience was 5.8 million people.The volume of payments made through the ecosystem platforms increased by 31.1% year-on-year and reached 31.8 trillion soums (≈ $2.62 billion). The deposit portfolio increased by 24.3% to 7.1 trillion soums (≈ $585 million), and the credit portfolio increased by 3.4% to 10.4 trillion soums (≈ $857 million).Among retail products, the dynamics of the flagship debit card TBC Salom deserves special attention:The number of TBC Salom debit cards issued during the quarter exceeded 1 million, which is five times more than the figure of 230 thousand in the same period last year. The balances on these cards make up about 4% of the total deposit portfolio. The TBC Osmon credit card has reached 183 thousand units, and the balances on it account for 9% of the total credit portfolio. The company positions itself as one of the leaders in the emerging credit card market in Uzbekistan, which, according to its estimates, is showing rapid growth along with the spread of the product among consumers.Subscription packages available in TBC Bank and the payment application Payme attracted 1.1 million users, which is seven times more than in the previous year. The installment service TBC BNPL reached 190 thousand active users; the deferred payment function was integrated into the Payme application and Payme travel section, which doubled the sales of reservations and tickets through this channel compared to the first quarter of 2025.TBC is also preparing to launch auto loans in Uzbekistan this year with instant approval in less than a minute. Preliminary partnership agreements have already been signed with a number of manufacturers, dealers and distributors.The business direction TBC Biznes has 67 thousand registered clients, of which 21 thousand are active. The total number of loans issued to small and medium-sized businesses, including the self-employed, exceeded 185 thousand, which is 18% of the total loan portfolio. During the quarter, a new application TBC Biznes was launched, a multi-level subscription service was introduced to the market, and the maximum loan amount for entrepreneurs was increased to 600 million soums (≈ $49.4 thousand).SaaS platform BILLZ processed more than 11 million transactions in the first quarter, with a total volume of 5.8 trillion soums (≈ $478 million). By the end of March, the number of its users amounted to more than 4 thousand registered business clients, and the network of active merchants exceeded 6 thousand. To cover micro and small businesses, it launched BILLZ lite, a simplified mobile version of the platform.In the technological sphere, the company completed the implementation of the AI-assistant Lola for the entire user base, after successful testing in the Friends & Family mode at the end of 2025. In April 2026, the assistant was awarded by Global Finance as the best fintech innovation in the Asia-Pacific region. Other technological innovations of the quarter included the integration of QR-payments in TBC Bank using MSQR and CSQR formats, as well as the integration of payme into the bank’s partner network, which opened up access to more than 20 thousand merchants for TBC Bank customers.“The past quarter was marked by significant achievements that lay the foundation for a new stage of further growth and development of our ecosystem as the region’s leading unified platform for consumers and entrepreneurs,” said Nika Kurdiani, CEO of TBC Uzbekistan. According to him, the flagship card products are rapidly growing their audience, the business direction is already yielding visible results, and the AI-assistant Lola will in the future turn into a full-fledged personal assistant that will connect corporate and retail clients into a single ecosystem.

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The theme of 2026 was “Small Steps”. The concept reflects both the history of the development of “Crystal”, which began its activities 28 years ago with small steps, as well as the creation of small, but critically important impulses that help people and businesses.These values ​​​​have defined the corporate culture of “Crystal” since its founding, and support for TEDxTbilisi 2026 is part of these values.“TEDx has become a space for many around the world, where they often find inspiration for changes in their personal or public lives. The stories and visions shared at the event can become motivation for realizing new opportunities. The path to the most ambitious goals begins with small steps,” said Ilia Revia, General Director of “Crystal”.Tbilisi joined TEDx, a global space for sharing ideas, in 2012 and, under the TED license, TEDxTbilisi hosts speakers from various fields.

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Ex-Dividend Date: 25 June 2026 Record Date: 26 June 2026 Currency Conversion Date: 26 June 2026 Payment Date: 10 July 2026 The National Bank of Georgia's Lari/British Pounds Sterling average exchange rate for the period of 22 June to 26 June 2026 will be used as the exchange rate on the Currency Conversion Date and will be announced in due course.

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The Programme is consistent with the Group's capital return policy to target a dividend/share buyback payout ratio in the range of 30-50% of annual profits.The programme will commence shortly and end no later than the Company's Annual General Meeting 2026 (on 22 May 2026, the "2026 AGM") and renewed shareholder authority for buybacks will be sought at the Annual General Meeting 2026.The shares will be purchased in the open market.  The purpose of the buyback is to reduce the Group's share capital, and the cancellation of the treasury shares repurchased will be executed on a monthly basis.The Programme will be conducted within certain pre-set parameters, and in accordance with the general authority to repurchase shares granted at the 2025Annual General Meeting, Chapter 9 of the FCA UK Listing Rules, and the provisions of the Market Abuse Regulation 596/2014/EU and of the Commission Delegated Regulation (EU) 2016/1052 (as they form part of UK domestic law).The maximum number of shares that may be repurchased under the programme is 3,698,973. The Company has appointed Cavendish Capital Markets Limited ("Cavendish") to manage the Programme. During any closed periods the Company and its directors have no power to invoke any changes to the Programme and it will be executed at the sole discretion of Cavendish.The Company will make further announcements in due course following the completion of any share repurchases.PLC (the "Company"- LSE: BGEO LN) announces that the Company has cancelled 141,978 treasury shares bought back under the GEL 53.5 million share buyback and cancellation programme announced on 25 February 2026, which was an extension of the GEL 98.0 million and GEL 51.5 million share buyback and cancellation programmes announced on 20 August 2025 and 20 November 2025 respectively (the "Buyback Programme").The Company has completed the GEL 53.5 million share buyback and the total number of shares cancelled since the launch of the Buyback Programme in August 2025 is 639,647. All the treasury shares purchased in the Buyback Programme have now been cancelled.

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According to him, ongoing strong loan demand in key segments positions the Group to capitalise on this favorable rate environment, which will support the net interest income.“At the same time, we see lower currency volatility translating into reduced foreign exchange gains. Beyond our core activities, we continue to experiment and deploy different AI applications, including personalised product recommendations and process automations, to improve customer experience and operational efficiency. While it is too early to exactly pinpoint the financial impact of these initiatives, we are focused on developing technologies that create tangible value for both our customers and investors”, - Gachechiladze said.According to Gachechiladze, macroeconomic conditions in Georgia and Armenia remained strong in early 2026, underpinned by solid domestic demand and resilient external inflows. Reflecting the sustained resilience of both economies and their strong early-year performance, we have revised our 2026 real GDP growth forecasts upward, to 7% for Georgia and 6% for Armenia.Although conflict escalation in the Middle East may weigh on the near-term outlook primarily through energy market volatility and higher inflation, both economies remain well positioned, supported by ample reserves, prudent fiscal policies, and credible monetary management. A prolonged conflict could also create upside through the Middle Corridor and shifting capital and tourism flows.

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According to National Bank President Natia Turnava, inflationary pressures largely stem from external markets, in particular, from rising prices for oil and petroleum products.“If we look at the April inflation rate in Georgia, it was largely the effects coming from external markets that made a significant contribution to inflation,” Turnava said.According to him, Georgia, as an importer of oil products, is vulnerable to fluctuations in international prices, which is further exacerbated by the ongoing conflict in the Middle East.According to the NBG, the small increase in the rate is preventive in nature and aims to stabilize inflationary expectations. In April, annual inflation in Georgia amounted to 5.9%, which significantly exceeds the target of 3%.The National Bank states that it is ready to continue the tightened monetary policy until the inflationary shocks subside and the price level returns to the target.The next meeting of the Monetary Policy Committee will be held on June 17, 2026.

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The escalation of geopolitical situation in the Middle East and the prolonged substantial disruptions to shipping through the Strait of Hormuz have created another supply-side driven inflationary shock to the global economy. The sharp increase in the prices of raw energy resources on international markets has already been reflected in rising global inflation. At the same time, the geopolitical situation is disrupting international transportation and heightening the risks of supply chain disruptions. This, in turn, increases production costs, which could become an additional source of inflation. The direct effect of the aforementioned increase in oil prices has already been reflected in fuel prices in the Georgian market. As a result of the combined direct and indirect effects of these supply shocks, headline inflation deviated from the 3 percent target in April, reaching 5.9 percent. At the same time, relatively sticky prices measures, which better capture long-term inflationary processes and inflation expectations, have recently accelerated, making the risks of a second-round effects more pronounced. However, despite the acceleration, they still remain close to the target. In particular, core inflation (excluding food, energy and tobacco) stood at 3.2 percent in April, while services inflation was 3.7 percent.Despite severe geopolitical shocks, the Georgian economy remains resilient and economic growth stays high. According to preliminary data, economic activity grew by 10.7 percent in March 2026 and by 9.1 percent in the first quarter. At the same time, high-productive sectors remain a key driver of economic growth, which partially offsets demand-side inflationary pressures.The NBG's updated central scenario assumes that the ongoing war in the Middle East will end in the second quarter. However, this assumption is conditional and subject to high uncertainty. Even if the geopolitical situation indeed de-escalate during this period, the pace of recovery in global supply capacity is subject to additional uncertainty. Consequently, high inflationary risks are more pronounced. However, there is also a possibility that the geopolitical situation will de-escalate more quickly than in the central scenario. Therefore, the Monetary Policy Committee (MPC), in addition to the central scenario, considered both high and low-inflation risk scenarios.In the event of the realization of the high-inflation risk scenario, fundamental processes require a higher trajectory of the monetary policy rate than the central scenario. The high-inflation scenario assumes a more prolonged and intensified geopolitical situation. Against this backdrop, commodity prices in the international market will increase further and the disruption of supply chains will become widespread. As a result, the supply-side inflationary shock would exacerbate in Georgia, amplifying second-round effects, and ultimately inflation would be higher than in the central scenario.On the other hand, under the low-inflation risk scenario considered by the MPC, the realization of the risks would allow a faster normalization of monetary policy stance compared to the central scenario. A rapid de-escalation of the severe geopolitical tension in the Middle East would ease price pressures in international commodity markets. At the same time, the risks of disruptions to global supply chains would decline significantly, which would be reflected in lower international transportation costs and, ultimately, a moderation of global inflationary pressures.As a result of the ongoing macroeconomic analysis and consideration of existing risks, the MPC considered it optimal to increase the monetary policy rate by 0.25 pp to 8.25 percent. This decision is aimed at keeping inflation expectations firmly anchored at the target. The moderate tightening of monetary policy, in turn, reduces the risks of second-round effects and aims to ensure that, once the supply-side shock dissipates, inflation converges swiftly to the 3 percent target. The NBG continues to closely monitor ongoing developments and the intensity of their transmission to the domestic market. If inflationary shocks stemming from geopolitical tensions become even more prolonged and/or their magnitude would amplify the risks of second-round effects, the MPC will continue to moderately increase the monetary policy rate. Thereafter, once the inflationary shock dissipates, the NBG will begin a gradual normalization of the policy stance.The next meeting of the Monetary Policy Committee will be held on June 17, 2026.

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In 4Q25, the business became the exclusive and official representative of Scania, a leading global premium manufacturer of commercial vehicles, in Georgia.Car services and parts business | In 1Q25, revenue was up by 6.0% y-o-y to GEL 13.0 million, reflecting an increase in the wholesale, corporate and retail segments. Similarly, the gross profit was up by 12.9% to GEL 3.7 million in 1Q25. Operating expenses increased by 2.0% y-o-y, reflecting the business growth. As a result, the business posted a GEL 0.5 million EBITDA in 1Q25, up 3.1x y-o-y.

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According to Fitch Ratings, the acquisition of Liberty by Basisbank more than doubles the bank's size, establishing it as the third-largest bank in the sector. The "Positive" Outlook reflects Fitch's expectation that this transaction will significantly increase the consolidated group's business scale, enhance competition, and drive diversification within the Georgian financial market.Regarding the revision of the rating Outlook, David Tsaava, General Director of Basisbank and Liberty, stated: "The upgrade of the rating Outlook for Basisbank and Liberty to 'Positive' by Fitch is a significant recognition of the strategic step we took by acquiring Liberty. This decision confirms that our unity creates a powerful, diversified, and highly competitive financial institution".(R)

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The 2nd largest pawnshop - Leader Credit added 8 employees in the first quarter.GBC is specifying the profile at the request of MSME financing MFOs (SCAPP, Lazika), due to the difference in business model. The majority of the market (29 MFOs) are pawn-shop, with a total portfolio of 842,770 loans worth 2 billion GEL (MFOs rating by lending).The sector ended 2025 with a portfolio of 1.9 billion (819,000 loans).As of Q1/2026, the sector's assets are 2.3 billion GEL (2025 - ₾2.2 billion), interest income is 135 million GEL and net profit for the quarter is 51.3 million GEL.

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