Investor Presentaiton

y-o-y chg Irish economy performed well in early 2023 Modified domestic demand (MDD) and employment growth show resilience in Irish economy MDD up 2.7% q-o-q in Q1 2023 and activity still growing albeit at a slower rate than in 2022 Irish measures of activity are mixed, pointing to slowing growth for the Irish economy 20 15 10 -5 -10 -15 2018 I I I I 2019 2020 2021 2022 2022 vs. Q1 2023 2021 y-on-y Q1 2023 q-on-q GDP 12.0 -0.2 -4.6 MDD Consumption 8.2 5.5 2.7 6.6 6.4 1.7 Gov't Spending 0.7 -2.4 -3.5 Mod Investment 19.8 11.2 11.1 Employee Compensation 11.3 5.9 -0.3 MNE GVA 19.4 0.0 -15.7 I 2023 Domestic GVA 7.2 4.4 2.7 Employment 6.6 4.1 1.9 % change from indicated period Source: CSO, Eurostat | Personal Consumption Modified Investment Government Spending - Modified Domestic Demand Source: CSO Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Note: MDD for Ireland is modified for multinational activity by Ireland's Central Statistics Office (CSO). MDD = Consumption + Government (current) spending + Modified Investment. Seasonal adjustment mean contributions do not always add up to MDD growth rate. 9

View entire presentation