Investor Presentaiton

2018 Bond Profile BY REGIONS BOND TRANSACTIONS NORDIC 2% SWITZERLAND 4% OTHER 1% BENELUX 5% FRANCE 5% UNITED KINGDOM 6% ITALY 22% Source: Comunidad de Madrid BY INVESTOR TYPE OTHERS 1,23% OFFICIAL INSTITUTIONS 2,46% BANKS 26,74% SPAIN 38% ASSET MANAGERS 31,35% GERMANY AND AUSTRIA 16% TOTAL AMOUNT 1,627,000,000 € INSURANCE COMPANIES AND PENSION FUNDS 38,23% 40

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