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Investor Presentaiton

CURRENT ACCOUNT DEFICIT SUPPORTED BY FDI FDI AND CAPITAL GOODS IMPORT CURRENT ACCOUNT BALANCE (% OF GDP) Source: NBG, Geostat 30% Goods, net Services, net Income, net Transfers, net CA deficit net FDI 20% 10.5% 6.0% 6.5% 10% 4.6% 5.3% 8.1% 9.5% 8.2% 5.5% 5.9% 3.7% 3.6% 1.2% 0% -10% -5.6% -9.8% -20% -12.2% -11.4% -10.2% -8.0% -6.8% -5.5% -11.8% -12.5% -12.5% -11.2% -10.7% -30% -40% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q20 1Q21 14% 12% 12.2% 11.6% 10.9% 10.4% 10% 8.5% 9.4% 7.1% 7.5% 8.1% 8.0% 8.1% 8% 6.5% 8.8% 6% 7.2% 7.9% 7.8% 7.4% 7.5% 7.2% 6.4% 6.0% 4% 5.7% 2% 0% 2016 2017 FDI to GDP, % -Capital goods imports to GDP, % 2018 2019 2020 1H21 Source: Geostat BUILDING INTERNATIONAL RESERVES, US$ BN Source: NBG 3.9 3.9 3.5 3.3 2.8 2.9 2.8 2.7 3.0 2.8 2.1 2.3 2.5 1.4 1.5 3.9% 3.7% 2011 51
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