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Investor Presentaiton

Navarra is a stable region COLLECTION 2018 38 DIRECT TAXES Personal income tax M€ 1,345 Corporation tax Wealth tax Inheritance and gift tax Other direct taxes TOTAL DIRECT TAXES 192 42 58 47 1,684 INDIRECT TAXES Value Added Tax 1,181 Excise duties: 493 Hydrocarbons 223 Manufactured tobacco products 138 Alcohol 48 Electricity 21 Other indirect taxes 158 TOTAL INDIRECT TAXES 1,769 Fees and other revenue TOTAL AGREED TAXES 19 3,483 Source: Government of Navarra. ם Nafarroako Gobernua Gobierno de Navarra

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