Investor Presentaiton

DEBT SUSTAINABILITY IS PRESERVED (CONT'D) Greece public debt structure remains one of the most favourable in the Eurozone • Over 75% of the debt stock is held by official sector creditors (1), allowing for long term maturity profile and low interest rates Debt Breakdown by Type of Instruments, as of June 2021 Private Other Private Sector 1% sector New GGBS 25% 21% ● ● Debt maturity is significantly longer than that of peers. It stands at c. 21 years against an average of 8 years for peers Average interest rate on public debt is significantly lower than peers at c.1.4% against an average cost of 2.0% for peers T Bills 4% ANFAS and SMP 1% Source: PDMA EIB & SURE 4% IMF 1% GLF 15% ESM 17% EFSF 37% Official sector (1) 75% Greece and EZ Peers' Cost of debt (2021E) Note: (1) Excludes Eurosystem holding of GGBS, purchased on the secondary markets through PEPP Greece and EZ Peers' Debt Weighted Average Maturity (2021E) 2,5% 25Y Average for peers (excl. Greece): 2.0% 2,0% 20Y 1,5% 15Y 1,0% 2,1% 2,1% 2,1% 1,8% 1,9% 10Y 21Y Average for peers (excl. Greece): 7.7 years 1,4% 0,5% 5Y 11Y 8Y 7Y 7Y 6Y 0,0% OY Greece Ireland Spain Cyprus Italy Portugal Greece Ireland Spain Cyprus Italy Portugal Sources: PDMA (General Government debt, as of end-June 2021), IMF WEO April 2021 ||| FUNDING THROUGHOUT THE RECOVERY Sources: PDMA (General Government debt, as of end-June 2021), Fiscal Monitor, April 2021 11

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