Investor Presentaiton

Low and declining virus incidence has allowed for faster renormalization of business and social activities Leading indicators suggest that economic downdraft may have bottomed-out, and a gradual recovery is underway: Electricity demand per day (YoY change, in %) Fuel demand per day (Rolling 7-day, YoY change, in %) 30 20 20 10 10 -10 First Covid-19 cases confirmed on March 13 -20 40 20 20 0 -20 -40 First Covid-19 cases confirmed on March 13 -60 -30 -80 1-Mar 19-Mar 6-Apr 24-Apr 12-May 30-May 16-Jun 1-Mar 19-Mar 6-Apr 24-Apr 12-May 30-May 16-Jun Source: Ministry of Economy and Finance 11

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