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Investor Presentaiton

CAJA RURAL DE NAVARRA Operational Environment Spain Macro Metrics Annual GDP Growth (real) Annual Inflation Rate 2/7 OPERATIONAL ENVIRONMENT Unemployment rate 5.1% 5.7% 6% 6% 18% 4% 16% 5% 12.7% 2% 14% 4% 0% 12% -2% 3% 10% -4% 2% 8% -6% 6% 1% -8% 4% 0% -10% 2% -12% -1% 0% 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 Source: Banco de España, Ministry of Development, ECB. Caja Rural de Navarra Investor Presentation 13

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