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Investor Presentaiton

30% 20% 10% 0% -10% -20% -30% Industry High value MNC activity adds to tax base Ireland revenue less impacted by Covid GDP overstates Ireland's progress but is still a reasonable barometer for Revenue, in particular CT and IT ICT Public Real Estate Agri, For, Fish Fin & Ins. Prof, Admin Construction Dist, Trans, Hotels & Rest Arts, Entertainment 1% of CT, PAYE, VAT y-o-y change in GVA (2020) Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Source: CSO, Revenue, NTMA Calculations Multinational sectors critical for Income tax and Corporation tax (2020 data) 100% 80% 60% 40% 20% 0% VAT PAYE CT Three taxes combined I Manufacturing (incl. Pharma) I Admin (incl. Aircraft Leasing) Other Sectors ICT (tech sector) Fin & Ins. Elasticity based on 1995-2019 data. E = (annual % change in tax)/(annual % change in growth variable 59 59
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