Investor Presentaiton

LATVIA - MEMBER OF THE WORLD'S STRONGEST MILITARY ALLIANCE Latvia has been a member of the North Atlantic Treaty Organization (NATO) since 2004 Latvia as part of NATO Eastern flank. Finland - newest member, Sweden - NATO member soon ALLIED TROOPS HOST NATION • AIR DEFENCE BALTIC AIR POLICING • • • • ● NATO presence in Latvia Latvia`s defence and security is ensured by synchronization of the membership of NATO and EU, as well as different cooperation agreements Currently 11 nations are represented in the enhanced Forward Presence battlegroup in Latvia During NATO Summit 2022 in Madrid it was agreed to scale up existing battlegroups to brigade-size units U.S. troops continue a robust presence in Latvia Latest developments Latvia and Estonia will jointly acquire German medium-range air defense systems Canada plans to send Leopard-2 tanks to Latvia in the coming months - another step towards upgrading NATO's enhanced Forward Presence Battle Group Latvia Denmark will deploy a battalion of soldiers in Latvia next year National efforts to strengthen combat capabilities and readiness (ART 3) Comprehensive state defence system Capability development in following areas: logistics, supply, air defence, coastal defence, mechanization, cyber Development of new military training range Introduction of conscription: First wave of volunteer recruits started their state defence service duty on 1 July, 2023 Gradual increase of defence budget to 2.5% of GDP by 2025 (3% of GDP by 2027 according to the priorities of Government) • 11 Note: Sweden applied for NATO membership, Finland became NATO member on April 4, 2023 Source: NATO, June 2022, Ministry of Defence

View entire presentation