Investor Presentaiton

Interest in industrial spaces has been increasing since last year, especially in the north of the country Nearshoring: industry participation in different markets %, 3Q22 Tijuana Mexicali 50% Farmacéutica 54% High-Tech San Luis Potosí 100% Maquinaria y Herramientas Durango 100% Fabricación de Autopartes Guanajuato 100% Fabricación de Autopartes Guadalajara 100% Maquinaria y Herramientas Juárez Chihuahua 61% Saltillo 82% Farmaceutica Fabricación de Autopartes 60% Fabricación de -Autopartes Monterrey 28% Ciudad de México 100% Fabricación de Autopartes Toluca 100% Fabricación de Autopartes Mexico's industrial spaces demand by country due to Nearshoring de Participación por industria %, 3Q22 China Estados Unidos 40% 20% Japón 11% Alemanial 9% Corea del Sur 8% 5% Suecia Canadá 3% 2% Taiwan Suiza ■1% Irlanda 1% 0% Malasia Francia 0% Fabricación de Muebles Aguascalientes 100% Fabricación de Autopartes Querétaro 100% Maquinaria y Herramientas Mérida 63% Fabricación de Autopartes Cifras de Enero a Septiembre de Fuente: CBRE Research: In terms of demand, in 3Q22 the Northwest was the most dominant region, with Monterrey (50% of the total) and Saltillo (11%) concentrating 61% of national demand ⚫ The auto parts industry (Durango, Guanajuato, Cd. Juarez, Aguascalientes, among others) dominate activity in terms of industrial transactions, most of it in the center-north, with a participation close to 40% • Other relevant industries include machinery and equipment, pharmaceuticals, and high-tech components Note: *Pre-pandemic developments and trade war due to other factors. The survey allows more than one response Source: CBRE, Banxico's Report on Regional Economies Dinamarca 0% 0% Italia From 1Q to 3Q22, CBRE identified gross absorption of 1.2 million m² in industrial spaces, almost double that in 2021 In 2021, 14% of the total demand was related to nearshoring, rising to 26% in 3Q22 Companies' reasons to relocate their operations in Mexico % Tensions between US and China 49.3 USMCA rules of origin 49 COVID-19 pandemic 33.3 Ukraine war 29.3 Pre-pandemic and trade war 28.1 Other 12.1 Div DB Rev Dep NIM TI LD Loan BAP Guid ESG Eco 74 NI ROE ICAP Mkt App Hist C/I GRUPO FINANCIERO BANORTE

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