The issuer offers bondholders the opportunity for early redemption of bonds upon their request under the following conditions:

• The issuer will accept applications for early redemption from February 1 to February 14, 2024. Within 5 calendar days after the application deadline, the issuer will satisfy the received redemption requests.

• The redemption will be made by paying 100% of the principal amount (nominal value) outstanding on the redemption date, plus accrued interest.

• Applications must be submitted to Galt & Taggart (which acts as the issuer’s placement agent and payment and calculation agent for these securities) at the following email address: sales@gt.ge.