Investor Presentaiton

++ 牛 0 Italy France In bn €uros 900 800 817.5 700 632.4 571.2 600 500 400 268.9 300 217.8 189.7 186.8 200 127.1 73.8 100 Germany Spain Belgium Greece Netherlands Austria One of the highest rated credits in Central Europe. + Excellent performance of Slovakia Eurobonds over the last year. 45.6 30.8 16.1 7.5 Portugal Finland Ireland Poland Hungary Denmark Source: SG CIB, bloomberg 22 A Strong Credit Offering Scarcity and Diversification Outstanding Euro denominated bonds (EUR Billions), EU Comparison 6.6 3.2 2 Lithuania Sweden Czeck Republic Slovakia 3.1 2.5 2.5 2.4 1.4 0.6 0.1 Slovenia Cyprus Latvia Estonia

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