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Investor Presentaiton

The regional economy has already fully recovered to pre-pandemic values in activities accounting for 72% of GVA 110,0 Major sectors in the Community of Madrid Index IV-2019=100 GVA services Index IV-2019=100 110,0 100,0 100,0 90,0 80,0 90,0 80,0 70,0 60,0 50,0 40,0 70,0 IV-19 I-20 11-20 I-20 IV-20 1-21 II-21 III-21 IV-21 I-22 11-22 III-22 IV-22 1-23 IV-19 I-20 11-20 I-20 IV-20 1-21 II-21 III-21 IV-21 I-22 11-22 III-22 IV-22 1-23 Drafted based on data from IECM Agriculture Construction Industry Drafted based on data from IECM Distribution and hospitality Serv. to businesses and financ. Services GVA seasonally adjusted and calendar GDP pm GVA seasonally adjusted and calendar Other services Services ✓ ✓ YoY growth across all sectors in 23Q1, albeit more subdued than in 22Q4. Services sector +3.8% 23Q1 vs +5.2% 22Q4 (11.7% above 19Q4) Notable growth in distribution and hospitality services, although they are still 2.9% below 19Q4. ✓ Construction +3.5% 23Q1 vs. +2.2% 22Q4 (2.3% above 19Q4) ✓ Industry +4.2% 23Q1 vs +5.3% 22Q4 (13.7% above 19Q4) 11
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