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Investor Presentaiton

NGEU funds support sustainable growth Total NGEU transfers are expected to be around 2% of 2023 GDP over the next four years . . Estonia's EUR 953m Recovery and Resilience Plan (including the Recovery and Resilience Facility and RePowerEU) is expected to help the country become more sustainable, resilient and prepared for the green and digital transitions. 59% of the plan is expected to support climate objectives and 22% of the plan is expected to foster the digital transition NGEU has allocated close to EUR 1.42bn in grants, in addition to the EU's long-term budget grants amounting to EUR 3.37bn The Recovery and Resilience Facility is the main source of funds, with an expected amount of EUR 863m. The funds are expected to be allocated in the green and digital transitions, energy efficiency, sustainable transport and health and social sectors The REACT-EU, RePowerEU, Just Transition Fund and the European Agricultural Fund for Rural Development complete the NGEU budget EU ESIF* spending relative to budget (December 2023) Expected NGEU funds in Estonia 2020-2026 (EURM) European Agricultural Fund for Rural Development (EAFRD) Just Transition Fund (JTF) 198.9 63.0 RePowerEU 90.0 REACT-EU 207.4 2 Recovery and Resilience Facility (RRF) 863.3 98% 94% 94% 94% 88% 85% 82% 76% Other 10% COVID-19 preparedness 39% Sustainable transport 10% Health and social 10% Digital transition 13% Repairing the 2 economy 37% Energy efficiency 23% Access to healthcare services 14% Digital Estonia 14% Slovenia Lithuania Estonia Czech Rep. Latvia ESIF EU Belgium Slovakia Source: Ministry of Finance of Estonia 15 Source: European Commission Note: (*) NGEU: NextGenerationEU; ESIF: European Structural and Investment Funds Green transition 30% * Sectoral split of funds applies to the Recovery and Resilience Facility REPUBLIC OF ESTONIA MINISTRY OF FINANCE
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