Dividend Currency Conversion Rate and Scrip Reference Share Price

TBC Bank Group PLC ("TBC PLC") today announces that the Georgian Lari to Pound Sterling exchange rate that will apply to the interim dividend payments will be 3.5775, being the average exchange rate of the National Bank of Georgia for the period of 7 October to and including of 11 October 2024 inclusive (5 days average).

TBC PLC today announces that the scrip reference share price that will be used in calculating the entitlement of those who have elected to participate in TBC PLC's scrip dividend scheme (the "Scrip Dividend Scheme") is 25.26 GBP (the "Scrip Reference Share Price"). The Scrip Reference Share Price is based on the average of the closing middle market quotations for the Company's ordinary shares, as derived from the London Stock Exchange Daily Official List, for the five business days commencing on the ex-dividend date of 3 October 2024.

Shareholders who hold their shares in CREST and who wish to elect to participate in the Scrip Dividend Scheme should, if they have not already done so, complete a Dividend Election Input Message via CREST no later than 5 p.m. (UK time) on 21 October 2024. Full terms and conditions of the Scrip Dividend Scheme are available on TBC PLC's website, www.tbcbankgroup.com.

For further enquiries, please contact:

Director of Investor Relations
Andrew Keeley

Or

Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge

About TBC Bank Group PLC ("TBC PLC")

TBC Bank Group's mission is to make people's lives easier by providing digitally-led financial services to retail and corporate customers. TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales and is the parent company of TBC Bank Georgia and TBC Uzbekistan. 

TBC Bank Georgia, together with its subsidiaries, is the leading financial services group in Georgia, with a total market share of 39.0% of customer loans and 38.7% of customer deposits as of 30 June 2024, according to data published by the National Bank of Georgia.

TBC Uzbekistan is the leading digital banking ecosystem in Central Asia with 16 mln unique registered users that includes TBC Bank Uzbekistan, the country's largest mobile-only bank, payme, a leading digital payments app for individuals and small businesses, and payme nasiya, an instalment credit business.

TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.