TBC Bank Group PLC

Board/Management Information • Feb 23, 2023

National Storage Mechanism | Additional information

RNS Number : 8967Q

TBC Bank Group PLC

23 February 2023

Board Appointments and Changes to Board Committee Membership

TBC Bank Group PLC ("TBC PLC") is pleased to announce the appointment of Janet Heckman as an Independent Non-Executive Director with immediate effect. In line with TBC PLC's "Mirror Board" policy, Ms. Janet Heckman was also appointed as a member of the Supervisory Board of JSC TBC, subject to obtaining National Bank of Georgia approval.

Ms. Janet Heckman was the Managing Director for the Southern and Eastern Mediterranean Region at the European Bank for Reconstruction and Development from February 2017 until December 2019. Ms. Heckman joined the EBRD in July 2012 from Citi as Director, Head of Kazakhstan and appointed as an independent Air Astana Board Director in 2019. She was appointed as an independent Astana International Exchange Board director in 2020. During her long career at Citi, she spent time as EMEA Corporate and Investment Managing Director and held a number of field roles across EMEA, and was responsible for Global Relationship Banking across CEMEA.

Arne Berggren, Chairman of the TBC PLC Board commented: "We are delighted to welcome Janet Heckman to TBC, who will bring new skills and expertise to the Board and support us in taking the Group to the next level".

TBC PLC confirms that there are no additional details that are required to be disclosed under LR 9.6.13R of the Listing Rules of the Financial Conduct Authority.

A number of changes were made to the composition of TBC PLC's Board Committees.

The current composition of the Board-level committees is as follows:  

Member	Audit Committee	Risk Committee	Remuneration Committee	CGN Committee	Technology and Data (T&D) Committee	ESG and Ethics Committee
Arne Berggren (Chairman)			M	C
Tsira Kemularia (SID)	M		M			M
Janet Heckman		M	M
Eran Klein		M			M	C
Per Anders Fasth	C	M	IC
Thymios Kyriakopoulos	M	C			M
Rajeev Sawhney				M	C	M
Nino Suknidze	M			M

M - Member, C-Chair, IC- Interim Chair, SID-Senior Independent Director

For further enquiries, please contact:

Director of Investor Relations and International Media

Andrew Keeley

Or

Head of Investor Relations

Anna Romelashvili

ir@tbcbank.com.ge

About TBC Bank Group PLC ("TBC PLC")

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country. 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.

TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.5% of customer loans and 40.3% of customer deposits as of 31 December 2022, according to data published by the National Bank of Georgia.

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