Investor Presentaiton

Investment in R&D remains strong 4,538 M€ of R&D investment in the Community of Madrid (2021). Basque Country Madrid Investment in R&D as % GDP (2021) www +6.7% growth over the previous year. 2,3% 1,9% Navarre Catalonia Total 1,9% 1,8% 1,4% 1,4% Valencia 1,2% Galicia 1,1% Murcia 1,1% 1,1% Aragón Cantabria Asturias Castile la Mancha Rioja 1,0% 1,0% 0,9% 0,8% 0,8% Extremadura Canary Balearic 0,7% 0,6% 0,5% Source: INE 26,3% of total Spanish R&D expenditure (first region in terms of expenditure). Second region in investment as a % of GDP (1,9%), +50 basis points compared to the national average. Castile - Leon Andalusia 22 22

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