2022-24 Strategic Plan Update

APPENDIX NII interest rate sensitivity >>12-24 MONTHS NII SENSITIVITY TO ± 100 bps PARALLEL SHIFT IN RATES DRIVERS OF REDUCED SENSITIVITY -30% Parallel up (+100 bps) -Parallel down (-100 bps) ~ -20% Dec-21 Jun-22 Dec-22 Jun-23 Dec-23 ±5% >>>> Increased proportion of fixed-rate assets ■ €48 Bn mortgages at fixed rate (vs. €32 Bn YE21)(1) ■ €66.5 Bn fixed income ALCO book (vs. €62.4 Bn YE21) >>>> CaixaBank Increased proportion of floating-rate liabilities Higher interest rates (Euribor 12M, annual avg., at 3.9% in 2023 vs. -0.5% in 2021) → higher deposit beta (up to 16% in 4Q23)(2) ■ Stable deposit base: Total deposits at €385.5 Bn vs. €384.3 Bn at YE21 Higher deposit beta compounded by stable volumes → higher proportion of floating-rate liabilities >>>> Base effect (1) Loans with mortgage guarantee. CaixaBank ex BPI. (2) Deposit beta is based on the ECB Deposit Facility Rate ("DFR") and is calculated from when the current rate tightening cycle started in Sep. 2022 (i.e. once the DFR crossed the 0% threshold). It excludes the effect of structural hedges, FX and international branch deposits of CaixaBank ex BPI. 59

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