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Investor Presentaiton

www wwww Fiscal deficit in 2022, although more contained than the regional average The historical fiscal discipline of the Community of Madrid has allowed the region to deliver a better fiscal execution than the regional average on a consistent basis. The lower volume of transfers from the State resulted in a decrease in non-financial resources in contrast to the higher rate of growth in spending, which caused the Community of Madrid to record a deficit of 0.7% of GDP as of Dec-22 (compared to 1.1% of GDP for the regional average). Deficit evolution by Autonomous Regions as % of GDP ■2021 end-closed 2022 end-closed 0,5 0,0 Evolution of the public deficit (% GDP) 0.3 0.0 0.0 -0,5 -0,3-0,3-0,1 -0,2 -0.4 -0.5 -0,6 -0,7 -1,0 -0.9 -1,0 -1,0 -1,5 -1,6 -2.0 -1.8 -1.8 -2.0 -2,5 -0.7 -1,1 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 ■C. Madrid ■ Spain *Year-on-year change in non-interest income and expense as of Dec-22 (%) 11,8% 2,3% NAV PVA 0,1% RIO -1,3% GAL -2,2% CNT -3,2% AST ■Y.o.Y. non- financial -3,4% ARA expenses (%) -4,0% AND -5,4% TOTAL ■Y.O. Y non- -5,5% financial income (%) CVA -6,6% MUR EXT -7.1% -7.4% MAD CAT -7,8% -8,9% CYL CLM -9,3% -10,7% BAL CAN -11,1% -20% -15% -10% -5% 0% 5% 10% 15% 20% Source: Ministry of Finance *Note: Data obtained from the budget execution of the Autonomous Regions at the end of 2022.. 23 23
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