Bank of Georgia Group PLC announced that Mel Carvill has been appointed as Chair of the Board of Directors with effect from 10 March 2022. In accordance with succession planning procedures as disclosed in 2020 Annual Report and in accordance with the National Bank of Georgia's Code of Corporate Governance, Neil Janin has stepped down as a member of the Board of Directors of Bank of Georgia Group PLC with effect from the same date. He will also step down as a member of JSC Bank of Georgia's Supervisory Board.