FY22 Financial Overview

• 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 2022F: 2.3% GDP 2023F: 1.0% GDP 2024F: 1.9% Sources: Scotiabank Economics, Bloomberg, as of Nov 4, 2022. Contributions to Mexican GDP Growth Other MEXICAN GDP 16.5% Finance, Insurance, & Real Estate 13.4% 6.2% Health & Education 18.8% Wholesale & Retail Trade 16.6% Manufacturing 6.3% Mining and Oil & Gas Extraction 6.0% Construction 3.4% Natural Resources 6.9% Transportation & Warehousing 2.1% BY INDUSTRY* (Q2-2022) Professional, Scientific, & Technical Services 3.8% Public Administration * Q3-2022 real GDP growth 4.2 y/y. Industry GDP breakdown is not yet available for Q3-2022. Top Trading Partners* 24 y/y % change 20 16 Other* Inventories 12 Government 8 Real GDP 4 Net Exports Investment Consumption -4 -8 -12 -16 -20 19 18 *Statistical discrepancy, subject to revision. Sources: Scotiabank Economics, Haver Analytics. 20 21 22 South Korea 2% Others 15% Canada 4% United States EU 8% 60% China 11% * Q3-2022 real GDP growth 4.2% y/y. National accounts breakdown not yet available for Q2-2022. * Trade data updated as of Q2-2022. 64

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