Investor Presentaiton

Source: GeoStat Mar-21 4.0% Apr-21 May-21 Jun-21 Jul-21 Aug-21 25.8% 18.7% Solid economic growth in 1Q22 Real GDP y-o-y growth: preliminary estimate Real GDP 2Q21 3Q21 4Q21 2021 1Q22 44.8% y-o-y growth 28.9% 9.1% 8.8% 10.4% 14.4% 9.9% 10.3% Sep-21 Oct-21 6.9% 6.9% Nov-21 Dec-21 12.0% 9.6% Jan-22 Feb-22 18.0% 14.6% 10.6% B Mar-22 Real GDP increased by 14.4% y-o-y in 1Q22 Key drivers: B Steady recovery in tourism revenues, resilient inflows from exports and remittances Robust domestic demand driven by healthy credit growth and government spending Significant reduction in COVID-19 cases and removal of restrictions In 1Q22: Exports of goods up 43.3% y-o-y - Remittances - up 9.2% y-o-y Tourism revenues at 68.1% of 2019 levels

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