Company Announcements

TBC Bank Group PLC announces board committee appointments

TBC Bank Group PLC ("TBC PLC") announces that it has appointed Per Anders Fasth, Independent Non-Executive Director of TBC PLC, as the Interim Chair of the Remuneration Committee with immediate effect.  In line with TBC PLC's "Mirror Boards" policy, Mr. Fasth has also been appointed as the Interim Chair of the Remuneration Committee of the Supervisory Board of JSC TBC Bank ("TBC Bank") with immediate effect.  

Mr. Fasth is also the Chairman of the Audit Committees and member of the Risk Committees of both TBC PLC and TBC Bank.

A search to identify the permanent Chair of the Remuneration Committee is ongoing and further announcements will be made in due course.

For further enquiries, please contact:

Director of International Media and Investor Relations

Zoltan Szalai

Or

Head of Investor Relations

Anna Romelashvili

ir@tbcbank.com.ge

About TBC Bank Group PLC ("TBC PLC")

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector and other closely related fields. TBC PLC also recently expanded its operations into Uzbekistan. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.

TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 38.8% of customer loans and 40.0% of customer deposits as of 30 September 2022, according to data published by the National Bank of Georgia.