Economic situation two quarters before start of recession vs. Q3/22 1 Data for US Early 2000s Global financial Current recession crisis crisis Global supply chain Low -0.4x 1.4 High pressure index 1,2 Global price of Brent Crude Low 27 89 98 High Unprecedented mix oil ($ per barrel)1 of disparate shocks Inflation rate (%) Low 2.6 2.9 6.0 High results in unique Unemployment rate Low 3.6 4.8 5.9 High polycrisis (%) Interest rate (%) Low 1.4 2.2 4.5 High Business expectation Weak 99.2 99.5 99.7 Strong Additional index indicators Consumer sentiment index Weak 56 78 84 Strong