Investor Presentation

• Mexican Economy Solid mix of sectors Services and consumption are increasingly contributing to the domestic economy's recovery Trade with the U.S. is leading growth, but Mexico's diversification agenda is also underpinned by 13 free-trade agreements with 50 countries that account for 43% of global GDP and include all G7 countries The authorities' fiscal and debt indicators remain reasonable; efforts to boost tax collection could continue to be implemented GDP 2021: 4.8% GDP 2022F: Sources: Scotiabank Economics, Bloomberg, as of May 5, 2022. 1.7% GDP 2023F: 1.9% Contributions to Mexican GDP Growth Other MEXICAN GDP 16.5% Finance, Insurance, & Real Estate 14.1% 6.1% Health & Education 18.5% Wholesale & Retail Trade 16.4% Manufacturing 6.4% Mining and Oil & Gas Extraction 6.0% Construction 3.5% Natural Resources 6.5% Transportation & Warehousing BY INDUSTRY* (Q4-2021) 2.0% Professional, Scientific, & Technical Services 4.0% Public Administration * Q1-2022 real GDP growth 1.6 y/y. Industry GDP breakdown not yet available for Q1-2022. Top Trading Partners* 24 y/y % change 20 16 12 8 4 0 -4 Other* -8 -12 -16 -20 Real GDP 17 Inventories Government Net Exports Investment Consumption South Korea 3% Others 16% Canada 4% EU 7% 18 19 *Statistical discrepancy, subject to revision. Sources: Scotiabank Economics, Haver Analytics. 20 21 22 22 * Q1-2022 real GDP growth 1.6 y/y. National accounts breakdown not yet available for Q1-2022. China 13% * Trade data updated as of Q4-2021. United States 57% 60 60

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