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Investor Presentaiton

1 Market-friendly business regulations, broad tax incentives and public road infrastructure projects underpin investment dynamics. Uruguay ranked #1 as “the safest country in Latin America to invest in" by Euromoney in 2022. • Uruguay offers a favourable environment and financial freedom for doing business. Foreign investors are granted the same incentives as local investors: there is no tax discrimination or restrictions for transferring profits abroad. Investor-friendly policies and regulations, respect for rule of law and trade Tax breaks for big-ticket construction projects and social housing ✓ Recent changes to the General Investment Promotion Regime (COMAP) providing more tax incentives encouraging employment creation (housing, offices and urbanization construction) and clean energy technologies. Investment projects submitted under promotion regimes (1) (USD million) 4,000 COMAP openness. Uruguay grants several incentives to 3,000 Great Economic Dimension Social Housing different types of activities, from industrial to commercial and services performed in the country. 2,000 Focus on attracting FDI to develop 1,000 sustainable sources of energy to export to the rest of the world. 2015 2016 2017 2018 2019 2020 2021 2022 2023 (Jan-Jun) (1) Source: Ministry of Economy and Finance of Uruguay. The COMAP (by its acronym in Spanish) is the agency overseeing the investment promotion regime. 7
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