Lion Finance Group announces that JSC Bank of Georgia priced GEL 450,000,000 11.50% Notes due 2028

On Monday, 10 November 2025, Lion Finance Group PLC’s banking subsidiary in Georgia, JSC Bank of Georgia (the “Bank“) successfully priced a GEL 450 million offering of 11.50% senior unsecured Notes (the “Notes“) due 17 November 2028. The Notes are denominated in GEL and are expected to settle on 17 November 2025. The Notes are being issued in accordance with Reg S/Rule 144A and sold at an issue price of 100%. Interest on the Notes will be payable semi-annually.

Citigroup and J.P. Morgan are acting as Joint Lead Managers and Bookrunners for the Notes, BCP Securities, Oppenheimer Europe, Société Générale and JSC Galt & Taggart are acting as Joint Lead Managers. Sidley Austin LLP is acting as the legal advisor to the Joint Lead Managers in respect of English and United States federal law and Dentons Georgia LLC is acting as the legal advisor to the Joint Lead Managers in respect of Georgian law. Baker & McKenzie LLP is acting as the legal advisor to the Bank in respect of English and United States federal law and Andersen is acting as the legal advisor to the Bank in respect of Georgian law.

The Notes are expected to be listed on the Irish Stock Exchange and are rated Ba2 by Moody’s Investors Service Ltd.