Investor Presentaiton

6 ESG Uruguay is a bastion of institutional, political and social stability in LatAm, ranking alongside most developed nations Democracy index (1) (Score from 1 to 10, year 2022) 10 0000 Adherence to the Rule of Law (2) (Numerical score out of 1, year 2022) 0.8 8 6 4 2 "Full Democracy" 0.6 0.4 0.2 0.0 III Civil Unrest (3) (Index out of 10, first quarter of 2020) 10 Political Stability and Absence of Violence/Terrorism (4) (Percentile rank, 2021) 100 8 6 4 2 (1) Source: The Economist Intelligence Unit (2023). (2) Source: World Justice Project (2022). (3) Source: Verisk Maplecroft (2020). (4) Source: Worldwide Governance Indicators., World Bank. 80 60 40 40 20 о 32

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