Lion Finance Group PLC delivered consolidated 1Q26 profit of GEL 585.0 million (+14.0% y-o-y), with return on average equity of 27.4%.

The Company declared a quarterly dividend of GEL 2.85 per share in respect of 1Q26 and
announced a further GEL 55.0m share buyback and cancellation programme.

Group performance highlights

•⁠ ⁠Driven by the sustained expansion of our customer franchises in Georgia and Armenia, the Group delivered another set of strong results in the first quarter of 2026. This expansion, reflected in a growing active customer base and a larger balance sheet, supported a 15.7% increase in operating income before cost of risk to GEL 735.9m and a
14.0% y-o-y increase in profit to GEL 585.0 million. Consequently, the Group achieved a high return on average equity (ROAE) of 27.4% for the period.

•⁠ ⁠The Group’s loan book reached GEL 41,881.9m as at 31 March 2026, up 23.1% y-o-y in constant currency (cc). The growth was fuelled by loan book expansion across both the Georgian (GFS) and Armenian (AFS) operations, which recorded year-on-year constant currency increases of 17.8% and 34.6%, respectively. Compared with 31 December
2025, the GFS loan book was up 3.8%, while the AFS loan book increased by 6.2%, resulting in a total Group loan growth of 4.4% (in cc).

•⁠ ⁠Client deposits and notes totalled GEL 39,699.0m as at 31 March 2026, reflecting a 17.5% y-o-y increase in constant currency (cc). GFS deposits rose by 13.0% y-o-y, while AFS deposits increased by 29.7% y-o-y. Compared with 31 December 2025, GFS deposits were up 2.4%, while AFS deposits increased by 5.7%, resulting in a total Group deposit growth of 2.6% (in cc).

•⁠ ⁠The Group maintained healthy asset quality, with the cost of credit risk ratio at 0.3% in 1Q26 (0.2% in 1Q25 and 0.3% in 4Q25), while the NPL ratio was stable at 2.1% as at 31 March 2026 (2.0% as at 31 March 2025 and 2.1% as at 31 December 2025).

•⁠ ⁠Operating income was up 15.0% y-o-y to GEL 1,125.8m in 1Q26. The annual top-line growth was primarily driven by net interest income generated by both GFS and AFS, complemented by net fee and commission income generation across both operations.

•⁠ ⁠In 1Q26, non-interest income increased by 7.2% y-o-y to GEL 316.2m, driven by net fee and commission income growth across both GFS and AFS. GFS delivered a 25.4% y-o-y growth in net fee and commission income. At AFS, net fee and commission income rose by 46.4% y-o-y, supported by significant items in 1Q26 (a GEL 5.5m advisory fee and a GEL 2.0m currency conversion fee reclassification from net FX income aligned with Group accounting policies; see details on pages 11 to 12). Net foreign currency gains declined across the board, reflecting lower income at GFS on the back of lower currency volatility and the reclassification effect mentioned above at AFS.

•⁠ ⁠The Group’s operating expenses increased by 13.8% y-o-y to GEL 390.3m in 1Q26. The y-o-y growth was driven primarily by GFS, which saw expenses rise by 16.6% y-o-y, mainly driven by higher staff costs (see details on page 9).

•⁠ ⁠Capital adequacy and liquidity positions for both Bank of Georgia and Ameriabank remained comfortably above the minimum regulatory requirements (for details, see pages 10 and 12).

•⁠ ⁠The Group continued to demonstrate sustained customer franchise growth. On a year-on-year basis, Bank of Georgia’s Retail Digital Monthly Active Users (Digital MAU) grew by 13.6% to 1.9 million individuals, while Ameriabank's Retail Digital MAU surged by 47.8%, reaching over 362 thousand individuals. On a quarter-onquarter basis, these figures increased by 1.9% and 7.7% at Bank of Georgia and Ameriabank, respectively.