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Investor Presentaiton

Slovakia Uruguay Croatia Barbados Poland Hungary Costa Rica Romania Suriname Chile Argentina Panama Oman 20 Ghana elarus UAE Paraguay Trinidad And... Armenia Malaysia Belize South Africa Morocco Mexico Brazil enegal Serbia Kazakhstan Indonesia Bolivia Ecuador Colombia Ukraine Saudi Arabia El Salvador Qatar 40 Russia Kuwait Jordan Vietnam Azerbaijan Gabon Guatemala China Egypt Cote Dive Tajikistan Bahrain Papua New.... Lebanon Pakistan Uzbekistan Honduras 60 100 Uruguay (#2) 80 -250 -150 65 countries Source: J.P. Morgan Chase & Co. using data from RepRisk, Sustainalytics and Climate Bonds Initiative. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2021, J.P. Morgan Chase & Co. All rights reserved." Disclaimer: "Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. -350 Uruguay Oman UAE Panama Ghana Chile Poland Argentina Romania Saudi Arabia Qatar Hungary Colombia Philippines Paraguay Dominican Republic Jamaica Costa Rica Croatia Jkraine Brazil Ecuador Russia Slovakia Sri Lanka El Salvador Trinidad And Tobago Morocco Mongolia Belarus Georgia Senegal Peru Bolivia Barbados Armenia Suriname Serbia Namibia Belize 8 Emerging Markets' ESG Score (Index, 100 = best performance; as of end-July, 2021) -50 Tajikistan Papua New Guined Vietnam Zambia Honduras Uzbekistan Gabon ebanon Cote D'Ivoire 36 South Africa Jordan Kuwait Guatemala Kenya Bahrain Egypt Azerbaijan Indonesia Turkey Pakistan Mexico Malaysia China 50 Uruguay is one of the top global performers on ESG fundamentals Weight change when moving from Conventional EMBI to ESG-Adjusted EMBI (In basis points; as of end-July, 2021) 250 150 Uruguay
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