Investor Presentaiton

Industrial approach Industrial approach that allows great cost efficiency Reduce unit costs and minimum project scale Г Affordable prices on good land with a wide variety of locations Tenda Explore the potential of the industrial approach Achieve a local scale that allows constructive continuity 200 180 Increased PSV 160 Robust business model with a strategy focused on scale and operational efficiency Source: Company / Reference Form 140 120 100 80 60 Tenda's Construction Cost Evolution Dec 2013 = 100 40 Dec/13 Dec/14 Dec/15 Dec/16 Dec/17 Dec/18 Dec/19 Dec/20 Dec/21 Dec/22 - Tenda (in Nominal Terms) INCC 191.3 173.1 сл 5

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