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Investor Presentaiton

Uruguay Poland Barbados Hungary Romania Jamaica Costa Rica Suriname UAE Argentina Mongolia PURUC 20 Trinidad And Tobago Paraguay Belarus Namibia Malaysia South Africa Morocco Mexico Senegal Peru Georgia Kazakhstan Brazil Indonesia Philippines Kuwait polivia Saudi Arabia Ecuador Russia Sri Lanka Ukraine Dominican Republic Qatar UPDIOL 40 Vietnam. Pakistan Tajikistan Turkey | China Guatemala Egypt Bahrain Uzbekistan Kenya Zambia Cote D'Ivoire Papua New Guinea Lebanon Mozambique ୦୨ 100 80 Uruguay (#1) -250 -150 63 countries Source: J.P. Morgan Chase & Co. using data from RepRisk, Sustainalytics and Climate Bonds Initiative. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2021, J.P. Morgan Chase & Co. All rights reserved." Disclaimer: "Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. -350 Oruguay Panama Hungary Ghana Chile Saudi Arabia Qatar Argentina Romania Oman Philippines Colombia Dominican Republic Poland Jamaica Kazakhstan Costa Rica Ukraine Russia Ecuador Mongolia Sri Lanka Trinidad And Tobago Paraguay El Salvador Morocco Kuwait Peru Belarus Senegal Georgia Bolivia Armenia Barbados sunname 7 Uruguay is on top of global performers on ESG Emerging Markets' ESG Score fundamentals (Index, 100 best performance; as of end-October, 2021) Weight change when moving from Conventional EMBI to ESG-Adjusted EMBI (In basis points; as of end-October, 2021) -50 Rwanda Tajikistan Papua New Guinea Mozambique Vietnam Uzbekistan Zambia Gabon Cote D'Ivoire Lebanon South Africa Jordan Guatemala Kenya Azerbaijan 24 Egypt Dantain Pakistan Malaysia Mexico China 50 150 250 Uruguay
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