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Investor Presentaiton

Ireland set for surplus in 2022 Recovery in fiscal position in just three years - thanks to strong revenues Response GG Deficit was large in 2020 at €19bn but fell to €7.1bn in 2021 (3.1% of GNI*). Govt. forecasts a small surplus of €1bn (0.4% of GNI*) in 2022 Revenues Ireland's economic structure has meant revenues have rebounded strongly. Strength of both Corporate and Income tax revenues from multinational sectors has helped buoy government finances Debt Debt ratios increased due to Covid with modest jump in 2021 for debt to GNI* End-2021 ratio at 101%. Ratio will fall closer to pre- pandemic levels by end- 2022 (c. 95%) Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency 22 22
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