Investor Presentaiton

CURRENT STRONG FOCUS ON GROWTH FRIENDLY EXPENDITURE AND COMMITMENT TO FURTHER REFORMS RRF and EU financing will support the implementation of the crucial investment and reform measures, including climate and digitalisation Change in the share of growth friendly expenditure, by Member State (2001-2019, % primary expenditure) Recovery and Resilience plan (RRF) (Adopted by the Council on July 13, 2021) 4 0 -4 -8 Source: EC Report on Public Finances in EMU 2021 LT XENONN 10% 37% 20% 1.82 bn EUR ■ Climate 676.2 M € ■Rule of law 37 M € ■ Economic transformation 196 M € Digital transformation 365.2 M € ■Reducing disparities 370 M € 20% 11% ■ Health 181.5 M € 2% Source: Ministry of Finance EU Funds 2021-2027 EU Cohesion policy Programme adopted on November 25, 2022. Intensive work has been caried out in order to start implementation of EU fund 2021-2027 planning period investments. Till mid September 2023 in total 68 sets of project selection criteria for 2 117,7 mil. EUR have been adopted in EU funds Monitoring Committee; 24 Cabinet of Ministers rules for implementation of Specific Objectives and measures for 472,7 mil. EUR have been adopted, and 13 calls of project proposal selections for 192,1 mil. EUR have been launched. CLIMATE 4% 5% 19% 29% 5 bn EUR 24% 19% 16 Source: Ministry of Finance ■ Smarter Europe 968 M € ■ Greener Europe 1175 M € ■ Connected Europe 919 M € DIGITAL TRANSFORMATION REDUCING DISPARITIES ■ Social Europe 1461 M € ■ Europe closer to citizens 263 M € ■ Just Transition Fund investments 217 M € Capacity building measures (TA) 5 M € HEALTH ECONOMIC TRANSFORMATION (II Reforms in Latvia under RRF - - Transition to sustainable transport, energy efficiency in all sectors, wind farms Coordination mechanisms for public digital services, digital skills Administrative territorial reform, GMI reform Healthcare network effectiveness, remuneration reform Innovation eco-system, consolidation of higher education institutions Strengthening capacity of law enforcement agencies RULE OF LAW STA

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