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Investor Presentaiton

Rank 2007-2008 2008-2009 Improving Global Perception ...with recent improvements on governance effectiveness Global Competitiveness Index¹ 2009-2010 Higher rank is better 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018* 2019* 20 30 40 50 60 70 80 90 Worldwide Governance Indicators² 36 70 Higher rank is better 41 45 60 50 50 India Indonesia Philippines Bulgaria Corruption Perception Index³ 55 50 50 45 40 40 35 7 40 30 *New Concepts by using the Global Competitiveness index 4.0 which captures the determinants of long- term growth. 20 10 Colombia 0 2010 2011 2012 2013 2014 Voice and Accountability Government Effectiveness 48 46 ཆེ པེ ཆེ 47 Rule of Law Higher score is better 30 2012 2013 2014 2015 2016 2017 2018 2019 2020 • Indonesia India Philippines Bulgaria Colombia 39 34 2015 2016 2017 2018 2019 2020 Political Stability/Absence of Violence Regulatory Quality Control of Corruption 1. Source: World Economic Forum - The Global Competitiveness Report 2019; 2. Source: World Bank - The Worldwide Governance Indicators 2021 Update; 3. Source: Transparency International - Corruption Perceptions Index 2021 Report 65 55 52 42 39 28 23 23
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