Investor Presentaiton

GG debt to GNI* increasing on Covid response Debt close to 106% of GNI* in 2021 jump of 11pp versus 2019 180% 160% 140% 120% 100% 80% 60% 40% 20% 0% 1995 1999 2003 2007 2011 2015 2019 2023f -Debt to GNI* Debt to GDP Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Source: CSO; Department of Finance 29 29

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