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Investor Presentaiton

Forecasts of main economic and financial variables Forecasts of main macroeconomic and financial variables in Mexico End of period GDP (% y/y) Inflation 2020 2021 2022F 2023F -8.1 4.8 2.1 1.0 (% y/y) 3.2 7.4 8.1 4.1 Exchange rate 19.91 20.53 20.70 21.80 USD/MXN Banxico's reference rate 4.25 5.50 10.00 8.50 (%) 28-day TIIE (%) 4.48 5.72 10.35 8.77 Mexbol (points) Note: F: Forecast Source: Banorte 44,066 53,272 53,500 57,500 Div DB Rev Dep 52 52 NIM TI LD Loan BAP Guid ESG Eco Hist NI ROE ICAP Mkt App C/I GRUPO FINANCIERO BANORTE

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