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Investor Presentaiton

14 2021 mid-term elections in Mexico # State Current Governor Party Approval rate % of GDP % of population % of territory 1 Baja California Jaime Bonilla Valdez Morena 43.0% 3.1 2.8 3.6 2 Baja California Sur Carlos Mendoza Davis PAN 55.3% 1.0 0.6 3.8 3 Campeche Carlos Miguel Aysa González PRI 22.9% 3.0 0.7 2.7 4 Chihuahua Javier Corral Jurado PAN 23.9% 3.2 3.0 12.9 5 Colima 6 Guerrero 7 Michoacán 8 Nayarit José Ignacio Peralta Sánchez PRI 23.1% 0.6 0.6 0.3 Héctor Antonio Astudillo Flores PRI; PVEM 27.5% 1.4 3.0 3.3 Silvano Aureoles Conejo PRD 12.4% 2.4 3.9 3.1 Antonio Echevarría García PAN 45.1% 0.7 1.0 1.4 9 Nuevo León Jaime Heliodoro Rodríguez Calderón Independiente 16.9% 7.5 4.1 3.4 10 Querétaro Francisco Domínguez Servién PAN 41.1% 2.3 1.6 0.6 11 San Luis Potosí Juan Manuel Carreras López PRI 22.9% 2.1 2.3 3.3 12 Sinaloa Quirino Ordaz Coppel PRI; PVEM 59.3% 2.2 2.5 3.0 13 Sonora Claudia Artemisa Pavlovich Arellano PRI 34.0% 3.3 2.4 9.6 14 Tlaxcala Marco Antonio Mena Rodríguez PRI 28.1% 0.6 1.0 0.2 15 Zacatecas Alejandro Tello Cristerna PRI 32.6% 0.9 1.3 3.9 Source: Banorte with data from local and state governments, Consulta Mitofsky (October 2019) and INEGI 1.Will renew local congresses: Aguascalientes, Durango and Hidalgo; Will renew county governments: Coahuila, Quintana Roo and Tamaulipas; Renew both: Mexico City, Chiapas, State of Mexico, Guanajuato, Jalisco, Morelos, Oaxaca, Puebla, Tabasco, Veracruz and Yucatán Eco Hist DB NIM Rev C/I NI Div ROE LD Dep Loan ICAP BAP Guid Mkt App GRUPO FINANCIERO BANORTE
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