Investor Presentaiton

50% 40% 30% 20% 10% 0% -10% -20% 2021 Government Fights Inflation The government has delivered the aid package for households and firms to cope with high energy prices Thanks to the aid the inflation will fall gradually over the years to come Expected price increases of energies 16% الية 14% 12% 10% 8% 6% 4% 2% 0% 2022 2023 ■Electricity Gas Heat 2024 2025 キ 8 2021 2022 2023 Inflation forecast 2024 Inflation Forecast February 2023 Inflation Forecast September 2022 2025 Source: Ministry of Finance of Slovak Republic 24RDAL 2003 Agentúra pre riadenie dlhu a likvidity 2023 Dobi and Liquidity Management Agency

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