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Investor Presentaiton

GDP dynamics in 2021: conditioned by the effects of the pandemic Interanual change (%) of main sectors Community of Madrid 33,2 30,0 25,0 23,0 20,0 17,1 15,0 3,6 8,6 10,0 5,3 6,0 6,0 4,5 5,3 3,9 5,6 5,0 2,9 4,1 3,2 1,1 1,1 0,6 0,0 -5,0 -3,6 -2,8 -10,0 Agriculture Industry Construction Services www wwww Historically, the Region has registered a higher growth than the national average. In 2020, due to the pandemic, GDP fell -11%, in line with the national average (-11,3%). Consequently, the economic recovery in 2021 has been intense. GDP Community of Madrid: +5,4% 2021 vs 2020 (ESP: +5,5%). Regional economic activity made gradual progress in its recovery throughout 2021, especially in Q2. Largest activity recovery in 2021: Distribution and hospitality services (+17,6%) and construction (10,1%) Evolution of real Gross Domestic Product (%) 40,0 35,0 12021 2021 III 2021 IV 2021 2021 Source: IECM Breakdown of YoY (%) change of services industries 2018 2019 8 5,4 5,5 5,75,5 6 4 4,0 3,0 2.72,3 3.12,0 2 0 -2 -4 -6 -8 -10 -12 -11,0-11,3 -14 2017 70,0 60,6 60,0 50,0 40,0 30,0 12,6 16,7 20,0 4,5 9,1 7,5 9,5 10,0 3,2 2,0 2,9 1,3 1,5 0,0 -0,2 -1,8 -10,0 -6,9 -20,0 2020 2021 2022 Distribution and hospitality services Business and financial services Other services Source: IECM and INE ■C. Madrid Spain 12021 2021 III 2021 IV 2021 2021 Fuente: IECM 7
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