TBC Bank Group (TBCG) investor relations material

Strategic vision and growth targets

• Plans to double net profit to over $1 billion and loan book to over $20 billion by 2030, with digital MAU targeted at 12 million across Georgia and Uzbekistan.

• Uzbekistan's contribution to group net profit is targeted to rise from 9% to 25% by 2030, aiming to build Central Asia's largest digital financial ecosystem.

• Group targets at least 15% annual loan book growth, over 23% ROE, and a 25%-45% payout ratio through dividends and buybacks for 2026-2028.

• International expansion will be considered after Uzbekistan scales, with a shortlist of potential markets but focus remains on current geographies.

• Possible IPO of Uzbekistan business is under consideration as a strategic option.

Georgia: Market leadership and digital transformation

• Sustained high profitability with 23%-26% ROE and 10%-17% annual growth in loans and profit, maintaining leadership in CIB, retail, and payments.

• Holds a 37% market share in loans and deposits, #1 in leasing and insurance, and targets 50%+ market share in acquiring business.

• Digitalization drives engagement: 83% of consumer loans and 85% of retail deposits issued fully digitally, with 90% of affluent customers using digital banking.

• Retail banking strategy focuses on mass retail, affluent banking, and digital onboarding, with 1 million cards issued in under a year and 75%+ digital onboarding.

• AI-driven innovations and customer-centric strategies optimize lending, enhance loyalty, and expand market share in unsecured lending and mortgages.

Uzbekistan: Digital ecosystem expansion and product innovation

• Built one of the world’s fastest-growing digital financial ecosystems, reaching 23 million registered users and 6 million MAU, aiming for 10 million MAU and $3 billion loan book by 2030.

• Leading in consumer loans, payments, and digital banking, with 20% of group revenue and 18% of retail loans.

• Diversified product suite includes Salom debit card, Osmon credit card, BNPL, business lending, car finance, and subscription services.

• B2B ecosystem expansion with BILLZ SaaS platform, 55,000+ registered businesses, and integrated loyalty platform (Navat) connecting merchants and consumers.

• Loan portfolio near $1 billion, growing at 70% annually; deposit portfolio over $500 million, also growing at 70%.