Investor Presentaiton

-4.0 Source: INE -2.0 0.0 2.0 4.0 14.0 12.0 Inflation in the Community of Madrid in the regional context 6.0 8.0 10.0 Inflation Max and min Regional, Comm. of Madrid and Spain Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 CPI in the Community of Madrid has been one of the lowest among all Spanish regions for months. Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Total ■ C. Madrid Jul-23 Aug-23 Sep-23 Oct-23 17

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