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Barbados Poland ruguay Hungary Jamaica Romania Chile Costa Rica Trinidad And Tobago UAE Mongolia Panama 20 Argentina Oman Paraguay Belarus Namibia Malaysia Mexico South Africa orocco 40 Rwanda Kazakhstan Brazil Kuwait Indonesia Philippines Ukraine Ecuador Bolivia El Salvador Saudi Russia Dominican Republic Tajikistan Colombia Vietnam 60 Gabon Pakistan Izbekistan Turkey China Bahrain Kenya Guatemala Zambia Cote D'Ivoire Papua New Guinea Lebanon Mozambique 100 80 Uruguay (#4) -250 7 Uruguay is among the top global performers on ESG fundamentals Emerging Markets' ESG Score (Index, 100 best performance; as of end-November, 2021) Weight change when moving from Conventional EMBI to ESG-Adjusted EMBI (In basis points; as of end-November, 2021) -150 63 countries Source: J.P. Morgan Chase & Co. using data from RepRisk, Sustainalytics and Climate Bonds Initiative. Disclaimer: "Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2021, J.P. Morgan Chase & Co. All rights reserved." -350 Oruguay Panama Hungary Chile Ghana Saudi Arabia Qatal Romania Argentina Oman Colombia Philippines Dominican Republic Poland Jamaica Kazakhstan Costa Rica Ukraine Peru Sri Lanka Russia Ecuador Mongolia Trinidad And Tobago Paraguay Morocco El Salvador Kuwait Belarus Georgia Senegal Bolivia Barbados Armenia urmame -50 Rwanda Tajikistan Vietnam Mozambique Papua New Guinea Zambia Gabon Lebanon Jordan Uzbekistan Cote D'Ivoire South Africa Kenya Guatemala 27 50 Azerbaijan Egypt Pakistan Mexico Malaysia China 150 250 Uruguay

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