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Investor Presentaiton

ECUADOR'S DEBT TRAJECTORY WILL BE AFFECTED BY RECENT DEVELOPMENTS Ecuador needs to take measures to ensure that the temporary exogenous shocks that have already become a liquidity problem do not evolve towards a debt sustainability issue PUBLIC DEBT-TO-GDP RATIO BETWEEN 2015 AND 2025 IN % ESTIMATES 75 70 65 60 55 50 45 40 35 30 25 2015 2016 2017 2018 2019 I 2020 2021 2022 2023 2024 2025 NOTE: ESTIMATES OF DEBT PROJECTIONS ARE BASED UPON DATA PREPARED IN CONSULTATION WITH THE IMF. SUCH ESTIMATES ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE REPUBLIC'S PRESENT AND FUTURE POLICIES AND PLANS AND THE ENVIRONMENT IN WHICH THE REPUBLIC WILL OPERATE IN THE FUTURE. THESE ESTIMATES SPEAK ONLY AS OF THE DATE OF THIS PRESENTATION. SOURCE: MINISTRY OF ECONOMY AND FINANCE, REPUBLIC OF ECUADOR AS OF APRIL 13, 2020 MINISTERIO DE ECONOMÍA Y FINANZAS 15 Lenin Toda una Vida EL GOBIERNO DE TODOS
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