Investor Presentaiton

Source: Ministry of Finance ■January 2022 ■January 2023 Navarre -0,78 -0,59 Valencia -0.33 80'0- Murcia -0,15 0,20 Castile La Mancha 0,12 Madrid ■*800- -0.11 Extremadura Total AC Catalonia Andalusia Aragon Castile Leon Basque Country Rioja Balearic 0.06 -0,03 -0,04 0,00 90'0- 0,00 80'0- 0,00 -0,01 0,01 0,10 0,02 0,05 90'0 0,07 0,07 www. Expected improvement in fiscal dynamics in 2023 The higher volume of transfers from the State in the form of payments on account enabled the Community of Madrid to obtain a lower deficit than that recorded in the same period of the previous year (-0.04% GDP Jan-23 vs -0.08% GDP Jan-22). Deficit evolution by Autonomous Regions as a % of GDP *Year-on-year change in non-interest income and expenditure to Jan-23 (%) Galicia Canary Island 60'0 ■ 0.03 0,12 Asturias 0,14 0,14 ■ 0.03 Cantabria 0,23 NAV -44.6% GAL 2,5% ARA 5,2% AND 5,4% 5.8% CYL 62% TOTAL MAD 6.6% AST 7,2% MUR 7,9% PVA 8,4% ■Y.o.Y. non-financial EXT expenses (%) 8.5% 8,7% RIO 8,8% CLM YoY non-financial CAN income (%) 8,9% CVA 9,9% CAT 10,5% BAL 11,5% 20.9% CNT -0.6 -0.4 -0.2 0,0 0,2 0,4 0,6 *Note: Data obtained from the budget execution of the Autonomous Regions as of January 2023. 22 22

View entire presentation