Investor Presentaiton

2021 Bond Profile BY REGIONS SWITZERLAND 1.45% PORTUGAL 1.45% | NORDICS 3.62% ITALY 23.19% OTHER 4.35% BENELUX 3.62% UK 3.62% FRANCE 13.77% Source: Comunidad de Madrid BOND TRANSACTIONS BY INVESTOR TYPE OFFICIAL INSTITUTIONS SPAIN 18.12% OTHERS 1.06% 4.79% CENTRAL BANK 2.66% ASSET MANAGERS 33.51% BANKS 32.45% GERMANY 28.26% AMOUNT ISSUED 1,880,000,000 € INSURANCE COMPANIES AND PENSION FUNDS 25.53% 44 44

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