Investor Presentaiton

Banxico's hawk-o-meter Tone of Banxico's Board comments Index*; Jan-Oct'23 Irene Espinosa Galia Borja Jonathan Heath Omar Mejía Victoria Rodríguez Note: * From -1 to 0 implies a dovish tone; from 0 to 1 implies a hawkish tone Source: Banorte 79 0.42 0.48 0.53 0.65 0.69 Div DB Rev Dep TI LD Loan BAP Guid ESG GRUPO FINANCIERO Eco NIM NI ROE ICAP Mkt App BANORTE Hist C/I

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