Lion Finance Group (BGEO) investor relations material

Strategic vision and market positioning

• Focus on building the leading regional banking group, leveraging strong franchises in Georgia and Armenia, with disciplined expansion beyond these markets when opportunities arise.

• Strategy centers on deepening customer relationships, accelerating digital adoption, and replicating proven playbooks in new markets.

• Both Georgia and Armenia are positioned for robust growth, supported by macroeconomic stability, large-scale investments, and resilient external inflows.

• The group maintains a FTSE-100 listing, with 96.6% of assets in Georgia and Armenia, and a small presence in Belarus and digital ecosystems.

• Market leadership is evident in retail, SME, and corporate banking, with top positions in loans, deposits, and digital engagement.

Financial performance and guidance

• Delivered strong profit growth, with a 31.8% profit CAGR and ROAE averaging 29.3% from 2021-2025.

• Medium-term targets include c.15% annual loan book growth, ROAE above 20%, and a 30-50% dividend and buyback payout ratio.

• Net interest income and non-interest income have grown at double-digit CAGRs, supported by scaling core franchises and Ameriabank acquisition.

• Cost-to-income ratio improved to 29.8% in 2025, with sustained profitability and returns.

• Capital and liquidity positions remain strong, with CET1 ratios well above regulatory minimums and high liquidity coverage ratios.

Digital transformation and customer engagement

• Digital leadership is a core differentiator, with 71% of retail products sold digitally and 1.87m retail digital MAU in Georgia.

• Proprietary digital platforms and AI-driven personalisation drive high engagement, customer satisfaction, and operational efficiency.

• SuperApp and loyalty programs deepen daily engagement, with 52.7% of digital MAU active daily and 1.1m active loyalty users.

• SME and corporate clients benefit from end-to-end digital onboarding, instant lending, and sector-specific solutions.

• Digitalisation in Armenia is accelerating, with Ameriabank targeting 700,000 digital MAU and 1,000,000 MAC mid-term.