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Investor Presentaiton

☐ Financial Ratings MOODY'S << Aa2 >> Stable Outlook Short-term credit rating: P-1 Date October 2021* << a strong operating performance << a strong governance, as evidenced by the region's prudent budgetary approach << The region's sophisticated financial management, exemplified by its long-term Green and Sustainability strategy, further supports the rating» Région îledeFrance * " " Fitch Ratings << AA >> Negative Outlook Short-term credit rating: F1+ Date October 2021* << Ile-de-France has tight control of expenditure, as reflected by a continuous decline in operating expenditure in the last five years. » "Ile-de-France's liabilities carry little risk." <<lle-de-France has strong access to liquidity in various forms." "We have revised Ile-de-France's Standalone Credit Profile (SCP) to 'aa+' from 'aa', following an improvement of the region's debt-sustainability ratios in our rating case (...) Ile- de-France's IDR, however, remains the same as it is now capped by the French state's (AA/Negative). The Negative Outlook also reflects that of the sovereign." Agencies' ratings reports are available on https://www.iledefrance.fr/region-funding O Finance Department - Region Ile-de-France 21
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