Investor Presentaiton

Demand and Supply Slight reduction of growth in external demand offset by domestic demand growth. Weight of the services, industry and construction sectors on GDP in 2018 was 85.3%, 9.4% and 5.1% respectively. 4,5 4,0 3,5 3,0 2,5 2,0 1,5 1,0 0,5 0,0 -0,5 II 2014 Contribution of regional demand and external demand to GDP growh in the Community of Madrid Sectorial growth Community of Madrid Interannual variation rates 9,0 8,0 7,0 6,0 5,0 4,0 3,0 2,0 1,0 0,0 Industry Construction Services II 2015 II 2016 || 2017 II 2018 II 2019 Source: CRTR (IECM) III 2018 IV 2018 12019 | 2019 III 2019 Internal Demand External Deamand Source: CRTR (IECM) CO 6

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