Investor Presentaiton

О ○ Mexico's geographical location, benign demographics and natural resources (among other factors) remain as key drivers for the economy Real GDP growth % yly 10 5 0 5.3 4.3.6 4.4 6.7.7.25.0 -5 -10 -5.9 2.8 -0.2 -0.5 FDI US$ billion in nominal terms Avg 2.25.8 5.0 Profit reinvestment and accounts between companies New investments 4.8 3.6 2.1 2.1 09 3.3.6 2.3.7 3.9 50 L10.9. 1.8.92.0 40 30 -0.3 20 10 -6.3 0 T 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2020% 2018 2022 Population pyramid in 2020 Million people by age bracket Mexico US Male 85+ 80-84 Female 75-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 -5 -4 -3 -2 -1 0 1 2 3 4 5 Labor productivity in manufacturing Index 100 = 2013 Annual GDP growth expectation for the next 10 years % y/y 4.5 8 Average hourly wages US$ in nominal terms Mexico (LHS) 40 105 China (LHS) 6 30 100 US (RHS) 95 4 20 90 2 10 85 0 0 80 2006 2009 2012 2015 2018 2021 Source: Banorte with data from Banxico, INEGI, FRED, Chinese Statistics Bureau 89 3Q05 1Q09 3Q12 1Q16 3Q19 1Q23 3.5 2.5 2.0 1.5 Sep-13 Sep-15 Sep-17 Sep-19 Sep-21 Sep-23 Div DB Rev Dep ΤΙ LD Loan BAP Guid ESG GRUPO FINANCIERO Eco NIM NI ROE ICAP Mkt App BANORTE Hist C/I

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