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VICEPRESIDENCY AND MINISTRY OF Nadia Calviho ECONOMY, TRADE AND ENTERPRISE Vice-President Mr. Man Vorkiaev Minister of Finance Suur-Ameerika 1 15001 Taiiinn Madrid, December 28th 2023 Dear Minister, 1 am writing to yoUs e approach the end of the Spanish presidency of the EU Council and also of my mandate as Vicepresident of Spain and chair of the International Financial and Monetary Committee of the IMF, to express my deep gratitude and appreciation for our work over the past years. It has been a great pleasure to share the ECOFIN table with excellent professionals and friends strongly committed to work together for a stronger, more prosperous, safer, greener, more modern and aiso fairer Europe. It has been an honour to contribute over the past five and a half years to discussions and decisions that wiII shape the future of our economy, fostering strong and sustainabie growth and reinforcing our resilience in a compiex geopolitical context. Our collective efforts have been instrumentai in advancing the European Union’s economic agenda, from the fast response to the pandemic to the recent political agreement on the reform of our common fiscal rules. The safety net of short term iiquidity measures set up in the Spring of 2020 and the ambitious Next Generation EU investment and reform pian deployed since 2021 have avoided structural scarring and ensured a fast and strong recovery. Thanks to your support, the Spanish Presidency of the EU Councii has been extremeiy productive and we have made significant progress in key legislative files to deepen our Economic and Monetary Union, to foster competitiveness and strategic autonomy and reinforcing Europe’s role in the global economy, with a speciai focus on our partnership with Latin America and the Caribbean region. 1 wiII aiways enjoy the memories of the Historical Ministerial Meeting in September in Santiago de Compostela, which was a resounding success and marked the kick-off of the Giobal Gateway lnvestment Agenda in Latin America and the Caribbean, and the poiitical agreement reached during our iast ECOFIN meeting, which is a clear sign of our ability to buiid consensus, find the right balances and tackle compiex issues, acting with determination and unity in a chalienging economic and geopoiiticai context. RahandUSmiflSt” ifl 9 O1 2024 OlO.. During my tenure as Chair of the International Monetary and Financial Committee of the International Monetary Fund, 1 have also had the pleasure of working alongside many of you. The recent agreement for a 50% quota increase in the International Monetary Fund and the reinforcement of debt relief and support instruments for most vulnerable countries mark important milestones in strengthening our global financial safety net. Thank you very much for excellent cooperation during this very intense period. From January 1st 2024, 1 willtake my position as President of the European Investment Bank and continue to work for a prosperous and sustainable future for Europe and beyond. 1 Iook forward to our continued cooperation in this new period. Yours sincerely, L ()