1H22 Financial Performance

1H22 Financial Statements Pension Funds Key Figures (€ Millions) Dec-20 Dec-21 Retirement Pension Liabilities 1 935 1 929 Jun-22 1517 Pension Fund Portfolio (Dec-21) Fund Assets 1 908 1 908 1 546 Equity Liabilities Coverage 99% 99% 102% 10% Real Estate 13% Dec-20 Dec-21 Jun-22 Actuarial Assumptions Cash 3% Project rate of return on plan assets 1.00% 1.35% 3.40% 1% Investment Discount rate 1.00% 1.35% 3.40% Funds Pension increase rate 0.25% 0.50% 0.75% Salary increase rate Mortability table men Mortability table women TV 88/90-2 yrs TV 88/90-3 yrs TV 88/90-3 yrs 0.50% 0.75% 1.00% TV 88/90 TV 88/90 TV 88/90 novobanco 72% Fixed Income 56

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