Investor Presentaiton

Regional deficit estimates for 2023 and 2024 Regarding 2023 and 2024, the deficit forecast improves gradually thanks to the resources that will be transferred from the Autonomous Region Financing System. A balanced budget is expected to be achieved by 2024. Deficit for 2021 and 2022 and forecast for 2023 and 2024 (% GDP) Clousure Clousure AIReF CC.AA. 2021 2022 2023 2024 Andalusia -0.2% -0.8% -0.6% 0.7% Aragon -0.1% -0.8% -0.6% 0.7% Asturias 1.0% -0.5% 0.4% 1.6% Balearic 0.8% 0.1% 0.1% 1.4% Canary 0.4% -1.3% 0.5% 1.5% Cantabria 0.8% -0.6% -0.4% 0.1% Castile and Leon -0.1% -1.1% -0.3% 0.7% Castile La Mancha 0.2% -1.9% -0.9% 0.3% Catalonia -0.4% -1.5% -0.9% 0.1% Extremadura 0.2% -1.3% -0.4% 0.7% Galicia -0.1% -0.5% -0.2% 0.7% Madrid 0.3% -0.7% -0.4% 0.0% Murcia -1.4% -3.0% -2.0% -1.4% Navarre 1.3% 1.3% 0.4% 1.2% Basque Country 0.9% 0.0% 0.2% 0.4% Rioja -0.1% -0.6% -0.5% 0.9% Valencia -1.0% -3.1% -1.9% -1.3% Regional Government -0.02% -1.1% -0.6% 0.2% Source: Ministry of Finance, AIREF 26

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