Investor Presentaiton

Source: EDB. 160 EDB Economic Activity Index Historical Graph from January 1980 to May 2023 (Preliminary Estimates: 10/2022- 6/2023) Index (January 1980=100) 100 90 90 80 60 Jan-80 Dec-80 150 140 130 Recession Periods EDB-EAI 120 Recession 1991 Nov-81 Oct-82 Sep-83 Aug-84 Recession 1979-83 Hurricane Hugo Sept. 1989 Jul-85 Jun-86 May-87 Apr-88 Mar-89 Feb-90 Jan-91 Dec-91 Nov-92 Oct-93 Sep-94 Aug-95 96-Inf Jun-97 May-98 Apr-99 Mar-00 Feb-01 Recession 2001 Hurricane Georges Sept. 1998 Jan-02 Dec-02 Nov-03 Puerto Rico's Fiscal Crisis, Subprime Mortgage Market Meltdown COFINA, ARRA Funds, Medicaid Funds Local Stimulus Program Tax Reform Act 154 Excise Tax Hurricanes Irma & María Sept. 2017 Earthquakes COVID-19 Pandemic Oct-04 Sep-05 Aug-06 Jul-07 Jun-08 May-09 Apr-10 Mar-11 Feb-12 Jan-13 Dec-13 Nov-14 Oct-15 Sep-16 Aug-17 Jul-18 Jun-19 May-20 Apr-21 Mar-22 Feb-23 Hurricane Fiona Sept. 2022 8/4/2023 The complete series of the EAI concurs with the economic cycles of the Puerto Rico's economy. It starts in January 1980 and exhibits the recession of FY1979 to FY1983, the subsequent recuperation period, the mild recession of FY1991 with its expansion phase, and the recession of 2001. It also shows the downward path of the Index since the beginning of the 2006 recession with a recuperation episode in 2012, after which the EAI resumed its descendent trend in 2013. The collapse experienced after hurricanes Irma and Maria struck the Island in September 2017, and the subsequent effect of the recovery efforts are also displayed. The last drop corresponds to the January 7th, 2020, earthquakes and its related aftershocks, compounded by the burdens that the COVID-19 global pandemic stresses on the economic activity. Now Puerto Rico's economy is entering a recovery period that is at pre-Hurricane Irma and Maria levels. Go to Contents ECONOMIC DEVELOPMENT BANK 18 FOR PUERTO RICO MENT 409 PUERTO RTO RIC

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