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Investor Presentaiton

1 Goods exports hit record high in 2022 on the back of higher commodity prices; significant tourist sector recovery Export of goods (1) expected in 2023. Commodities exports prices (2) (Index base 100-Jan 2017) (Annual, in millions of FOB USD) 13356 160 14000 7000 2010 2014 Export of goods by destination (1) (% in total, 2022) 140 120 100 135.6 80 2018 2022(*) Jan-17 Mar-18 May-19 Jul-20 Sep-21 Dec-22 Tourists inbound (3) (Number of people, in thousands) 3,000 China 28% 38% European Union Brazil 2,000 Argentina 15% United States 1,000 6% 9% 14% ā˜ Rest of the world 2019 Pandemic 2,467 2020(*) 2021(*) 2022 5 (1) Source: Uruguay XXI (figures include exports from the Free Trade Zones to the rest of the world). (*) For 2022, preliminary data. (2) Source: CPA Ferrere, based on Bloomberg and National Institute of Meat of Uruguay (INAC). Weighted-average of soybeans, meat, rice, dairy products, and pulp exports. (3) Source: Ministry of Tourism. (*) 2020 and 2021 are estimations based on migrations data, made by Ministry of Economy.
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