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Investor Presentaiton

Transformational Success Story ✓ Sustainable and robust GDP growth Commitment to fiscal discipline ✓ High share of investment to GDP ✓ Export-oriented economy 2ARDAL 2003 Agentúra pre riadenie dlhu a likvidity 2023 Dobi and Liquidity Management Agency SLOVAKIA Real GDP Growth (in %) Private Consumption Public Consumption Gross fixed capital formation 2017 2018 2019 2020 2021 2022 2023e 2.9 4.0 2.5 (3.3) 4.9 1.7 1.3 4.7 4.2 2.6 (1.1) 2.7 5.7 0.7 1.1 0.5 4.5 (0.6) 4.2 (4.3) 2.3 2.9 2.8 6.7 (10.9) 3.5 5.9 14.6 Exports (goods and services) 3.7 5.1 0.8 (6.3) 10.9 2.3 1.3 Imports (goods and services) 4.1 4.8 2.2 (8.1) 12.1 4.0 4.2 GNI (real growth p.c. in %, adjusted by GDP deflator) 3.8 4.3 1.7 (2.2) 3.0 1.9 0.7 Employment Growth (% p.a.) 2.2 2.0 1.0 (1.9) (0.6) 1.8 0.5 Unemployment rate (% of labour Force) 8.1 6.6 5.8 6.7 6.8 6.1 5.8 Inflation (HICP) (% p.a.) 1.4 2.5 2.8 2.0 2.8 12.1 9.7 General government balance (% of GDP) (1.0) (1.0) (1.2) (5.4) (5.4) (2.0) (6.3)* * Estimate from Stability Programme of the SR for 2023-2026 (April 2023) including energy one-off measures with net impact of 1.7% of GDP. Sources: Eurostat, SO SR, MoF February 2023 Forecast, EC for GNI in current prices per head of population. + 12
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