Investor Presentaiton

Initial impact of COVID-19 lockdowns in Mexico and the path towards recovery IMEF's PMIS Diffusion index Industrial production Index base 100= 2013, sa 120 110 56 54 SN 52 50 48.7 100 48 48.1 46 Auto production % y/y 100 80 200 60 40 20 20 18.4 4420 90 0 -20 80 -Total -40 Manufacturing -60 38 -Manufacturing 36 Non-manufacturing 34 Dec-15 70 -Mining -80 Construction 60 -100 Jun-18 Dec-20 Nov-10 Nov-15 Nov-20 Dec-06 Dec-13 Dec-20 8 Eco Hist DB NIM Rev C/I NI Div ROE LD Dep Loan ICAP BAP Guid Mkt App Source: INEGI, IMEF, ANTAD GRUPO FINANCIERO BANORTE

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