ARGENTINA: LAND OF OPPORTUNITIES Strong Country Fundamentals Argentina is uniquely positioned to become an attractive destination for Foreign Direct levestment after more thon a decode of losing share in Latin America's capital inflows (from 6.2% ln 2004-08 to 4.2% in 2014, with 100% of FDI being re-invested dividends triggered by repatriation restrictions). ‘THE COUNTRY’S COMPETITIVE AND STRATEGIC ADVANTAGES STEM FROM THE rn ‘COMBINATION OF SEVERAL KEY FACTORS: + 80h largest country in the world ce men an with $3% of arable Land ‘Wide avalabity of water resources (470m of nth 99% a€c086 to water pectic OW 8 Gas botins eonartonn, Socomentanl stene pours) 1 Wop avelabiaty of meta and munerat in £500" ans of meuntn ange | Wore-ciat abr fares. renowned for its technca! skit, creativity and versity “Ranked Hin LATAM in Human Oevelopment index #1\n Education ING GN tecy te) {+ 2nd nghest proportion of middle cass population lewest Gun coefficient in regen ‘+ 110000 higher education graduates Der year ata national level, SBN Ineracy sate | Sed targest economy in the region with $S0QBh® ne tat a ons) ‘2nd nighest GOP per cantain the region in PPP terms (wan 42200 sw ve) ‘4th country in the region in popuation size cas nen 95% wan population ‘= Less thon 6% generel unemployment level. -78% of employment coming from services mye +30 years of stabie democratic governments: with $ potica ag changes since 1981, ‘Laws and regulatory tramenortsiesped in most developed markets ‘Reputiican and federal regime grenks evionomy of powers ond regions ‘wise range of relationships and baatera eats G20, Marcos, UNASUR member + Welieveloped read and rattoad systems 015000 ure aun £5 ports and SA airports {ign connectivity levels with 75% Brosaband and tax mobile penetration += Nationwide coverage with natural 90s pipeines and electricity arts + Low asset vatustionyimitiotes across ctferent sectors | Highly under-levered econo. overall DebUGOP ratio of 18% on 40% ntate) “Talented management at an aforcable cost