ALFA, S.A.B. DE C.V. SECOND QUARTER 2018 FINANCIAL REPORT ALFA reports record EBITDA of US $676 million in 2Q18, up 30% year-over-year

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1 ALFA, S.A.B. DE C.V. SECOND QUARTER 2018 FINANCIAL REPORT ALFA reports record EBITDA of US $676 million in 2Q18, up 30% year-over-year Monterrey, N.L., Mexico, July 18, ALFA, S.A.B. de C.V. (ALFA), reported today its 2Q18 unaudited financial results. Total revenues were US $4,837 million, up 14% year-on-year due to higher sales achieved across all major business units. EBITDA was US $676 million, a 30% increase vis-à-vis 2Q17. Commenting on the Company s results Mr. Alvaro Fernandez, ALFA s President, said: The solid business trends in the early part of the year have continued through the second quarter with ALFA posting record EBITDA for a quarter. Alpek was the largest contributor reporting record-high EBITDA, supported by strong PET margins, healthy demand and favorable oil-price environment. The consolidation of recently acquired assets in Brazil also contributed to the good results. The other companies in our portfolio continued to report a solid performance. Nemak saw volume growth in North and South America and resolved aluminum index divergence with customers. Sigma s sales volume increased 4%, with a strong performance in Mexico supported by healthy demand and margins. In Axtel, the enterprise segment performed well, allowing the company to achieve EBITDA growth, ex-tower sales. Finally, Newpek benefitted from higher oil prices. Consolidated capital expenditures and acquisitions amounted to US $651 million during 2Q18, including US $435 million by Alpek for the acquisition of PetroquímicaSuape and Citepe in Brazil. Net Debt at the close of the quarter reached US $7,014 million, 10% higher when compared to US $6,401 million in 2Q17 reflecting mainly the aforementioned acquisition. At the end of the quarter, financial ratios were: Net Debt to EBITDA: 3.1 times; Interest Coverage: 4.7 times. Majority Net Income was US $184 million in 2Q18, 142% higher than the US $76 million reported in 2Q17. This improvement is mainly explained by higher operating income that offset both higher financial expenses and exchange loses than those recorded in 2Q17. Selected Financial Information (US $ million) 2Q18 1Q18 2Q17 Consolidated Revenues 4,837 4,576 4, ,413 8, Sigma 1,587 1,552 1, ,139 2, Alpek 1,759 1,532 1, ,291 2, Nemak 1,239 1,235 1, ,474 2,288 8 Axtel (1) (2) Newpek (24) (13) Consolidated EBITDA ,305 1, Sigma Alpek Nemak Axtel (1) (10) Newpek (93) - 17 (1) - Majority Net Income (3) Capital Exp. & Acquisitions Net Debt 7,014 6,741 6, ,014 6, Net Debt/LTM EBITDA * LTM Interest Coverage * CH. % vs. 1Q18 * Times. LTM = Last 12 months 1 EBTIDA = Operating Income + depreciation and amortization + impairment of assets. CONTENT: SUMMARY OF GROUPS 2 ALFA FINANCIAL TABLES 6 ALFA GROUPS FINANCIAL INFORMATION 10 CH. % vs. 2Q17 YTD. 18 YTD. 17 YTD Chg. %

2 Summary of subsidiary performance during 2Q18 ALFA S SECOND QUARTER Sigma s revenues amounted to US $1,587 million, up 6% from 2Q17, all the regions had sales growth year-onyear. Mexico sales increased 6% in pesos driven by higher volume. U.S. sales increased 3%, due to higher average prices. European sales in euros increased 2%, benefitting from the consolidation of Caroli since September Latin America sales increased 15%, reflecting the acquisition of Supemsa completed at the end of 2Q17. Sigma reported 2Q18 EBITDA of US $168 million, up 1% year-on-year. This increase was primarily due to a solid performance of Mexican operations, the consolidation of Supemsa and Caroli, and a more favorable currency environment in Europe. During 2Q18, capital expenditures totaled US $39 million. These funds were utilized for maintenance and minor projects across the company. At the end of 2Q18, Net Debt was US $2,030 million, 5% higher than in 2Q17, mainly explained by the funds related to the Bureba facility and the acquisitions of Supemsa and Caroli. Financial ratios at the end of 2Q18 were: Net Debt to EBITDA, 2.9 times; Interest Coverage, 5.2 times. (See appendix A for more comprehensive analysis of Sigma s 2Q18 financial results) Alpek s revenues for 2Q18 totaled US $1,759 million, up 35% year-on-year, including US $100 million contribution from the consolidation of PetroquímicaSuape and Citepe ( Suape/Citepe ) beginning May 1, Excluding the acquired entities in Brazil, revenues were up 27% year-on-year driven by higher average prices and volume. Average prices in 2Q18 increased 24% year-on-year, reflecting higher oil and feedstock prices, while volume, excluding Suape/Citepe, was up 3% during the period, supported by growth in both Polyester and Plastics and Chemicals segments. 2Q18 EBITDA was US $239 million, including a US $20 million non-cash inventory gain, a US $3 million profit from the sale of unused land in Mexico and US $3 million in non-recurring legal fees and expenses. Adjusting for these items, Comparable EBITDA was US $218 million, up 120% from US $99 million in 2Q17. 2Q18 Comparable EBITDA benefited from a positive Suape/Citepe EBITDA contribution, a strong recovery in global polyester margins and robust polypropylene margins, among others. As announced in 1Q18, a newly formed joint venture between Alpek, Indorama and Far Eastern, presented the winning bid to acquire the Corpus Christi project and other related assets from M&G USA. The process to obtain the required approvals from governmental authorities is underway. Also, M&G Mexico maintained normalized PET production levels supported by Alpek through secured financing while a definitive restructuring plan is presented. Alpek s priorities in M&G Mexico s restructuring process center on maximizing the recovery of its claims and maintaining PTA supply to the restructured entity. During the quarter, the U.S. Department of Commerce (USDOC) announced affirmative preliminary determinations in the PET antidumping duty investigations. As a result, cash deposits are now required for PET imports from Brazil, Indonesia, Korea, Pakistan and Taiwan based on preliminary rates that range from 8% to 227%. Final determinations from the USDOC and the U.S. International Trade Commission (USITC) are expected before yearend. Capex for the quarter reached US $471 million, mainly reflecting US $435 million in connection with the Suape/Citepe acquisition completed in the quarter. 2Q18 Capex also includes investment in the construction of the 350 MW Altamira cogeneration power plant which reached 95% completion by quarter-end. The process to finalize the sale of the Cosoleacaque and Altamira cogeneration power plants advanced during the quarter. It is

3 ALFA S SECOND QUARTER important to note that Mexican power tariffs increased consistently in 2Q18 as the regulator s implementation of its new tariff methodology advanced. Net Debt as of the end of the quarter was US $1,637 million, up 55% year-on-year, mainly as a result of the Suape/Citepe acquisition during the quarter. At quarter end, financial ratios were as follows: Net Debt to EBITDA, 2.9 times; Interest Coverage, 5.9 times. Adjusting for the US $113 million M&G A/R provision recorded in 3Q17, Net Debt to EBITDA was 2.4 times and Interest Coverage was 7.1 times. (See appendix B for Alpek s 2Q18 financial report) Nemak s 2Q18 sales volume was 13.1 million equivalent units, 2.3% higher than 2Q17, as higher sales in North America (NA) more than offset declines in Europe (EU). NA volumes were 5.5% higher mainly reflecting better performance among Detroit 3 automakers. In EU, Nemak s volumes declined mainly due to lower diesel volumes which more than offset higher gasoline volumes during the period. RoW volumes were flat year-on-year as new program launches in South America were offset by lower sales to customers in China, which reduced output in the quarter. Revenues were US $1,239 million, up 6% year-over-year, supported by favorable FX and aluminum prices, together with the higher volume. In turn, 2Q18 EBITDA totaled US $207 million, unchanged year-on-year, but 10% higher when excluding US $18 million in non-recurring income in 2Q17 derived from the cancellation of a tax provision in Brazil. Comparable EBITDA growth benefited from higher volumes and operational efficiencies together with a lower negative impact from metal price lag, positive FX effects and lower depreciation. 2Q18 EBITDA per equivalent unit was US$15.80, up from US$14.70 in 2Q17 on a comparable basis. During the quarter, Nemak invested US $93 million to support new program launches and to drive operational efficiency across the company s regions. Net Debt at the end of 2Q18 totaled US $1,304 million, down 7% from 2Q17, reflecting cash generation during the period. Financial ratios in 2Q18 were: Net Debt to EBITDA of 1.8 times, and Interest Coverage of 8.2 times. (See appendix C for Nemak s 2Q18 financial report) Axtel s revenues in the second quarter totaled US $199 million, down 2% year-on-year, explained by lower revenues in the Mass Market segment as growth in FTTx was offset by the continued decline of the legacy Wimax business. Lower video penetration within FTTx also contributed to the decline. By contrast, the core Enterprise and Government segment, which represented 82% of revenues in the quarter, continued to grow in Managed Networks and IT services. In peso terms, total revenues increased 2% in the quarter. 2Q18 EBITDA was US $73 million, down 10% year-on-year. However, EBITDA advanced 6% year-on-year excluding extraordinary gains of US $17 million and US $5 million in 2Q17 and 2Q18, respectively, from the sale of transmission towers. This increase is explained by better performance from the Enterprise and Government segment. Capital expenditures totaled US $25 million in 2Q18 (US $41 million excluding tower sales), including investments to provide last-mile access to connect customers and to deploy IT infrastructure. At the end of 2Q18, Net Debt was US $994 million, down 3% year-on-year. Financial ratios at the end of 2Q18 were: Net Debt to EBITDA of 3.3 times and Interest Coverage of 3.1 times. (See appendix D for Axtel s 2Q18 financial report) Newpek s revenues were US $25 million, down 13% from 2Q17, as higher average oil prices was offset by lower natural gas prices and a decline in production in Mexico.

4 ALFA S SECOND QUARTER At the end of 2Q18 Newpek had 648 producing wells at the Eagle Ford Shale ( EFS ) in South Texas, compared to 632 wells in production at the end of 2Q17. Additionally, Newpek has 14 wells producing in the Wilcox formation, and 34 in the Edwards formation, both in South Texas, where Newpek has a 20% working interest. Production in the U.S. averaged 4.7 thousand barrels of oil equivalent per day (MBOED) during 2Q18, up 13% from 2Q17. In Mexico, production averaged 3.5 MBOED during 2Q18, down 5% from 2Q17. 2Q18 EBITDA was US $1 million, flat with 2Q17. Capital expenditures were US $4 million, while net debt was US $25 million at the end of the quarter. As announced in 1Q18, the sale of a portion of the Eagle Ford Shale acreage to Sundance Energy for US $19 million was completed during the quarter. The process to divest the remaining Eagle Ford Shale acreage position continues. (See appendix E for more comprehensive analysis of Newpek s 2Q18 financial results) Consolidated financial results 2Q18 consolidated revenues were US $4,837 million, up 14% from US $4,232 million reported in 2Q17. The increase is the result of higher sales at the three major business units and mainly reflects higher volumes and prices in Sigma, Alpek and Nemak. During the quarter, foreign sales represented 68% of the total, up from 65% in 2Q17. Year-to-date, revenues were US $9,413, up 14% from 2017 driven by growth across all business units. 2Q18 Consolidated Operating Income totaled US $438 million, up 58% from US $278 million in 2Q17. Growth is mostly explained by a strong performance in Alpek, due to higher organic volumes and better polyester margins, a favorable oil price environment, plus the consolidation since May 2018 of PetroquímicaSuape and Citepe. By contrast, Sigma was flat year-on-year as strong performance in Mexico was offset by softer results in the U.S. and Latam. Nemak reported a 9% increase y-o-y in operating income, reflecting operational efficiencies, lower negative impact from metal price lag and positive FX effects, along with lower depreciation and amortization charges. This was achieved despite difficult comparisons from non-recurring income in 2Q17, when the company cancelled a tax provision in Brazil. Axtel performed in line y-o-y, excluding the sale of transmission towers. Meanwhile, Newpek was also in line year-on-year as higher oil prices were offset by lower production in Mexico. Accumulated Operating Income was US $814 million, up 43% from Q18 EBITDA was US $676 million, up 30% year-on-year, reflecting the increase in Operating Income explained above. Year-to-date EBITDA was US $1,305 million, up 24% from ALFA reported 2Q18 Comprehensive Financing Expense (CFE) of US $173 million, compared to CFE of US $113 million in 2Q17, mainly explained by higher financial expenses and higher foreign exchange losses during the quarter, as compared to those recorded in 2Q17. Majority Net Income was US $184 million in 2Q18, up 142% from US $76 million in 2Q17. This year-on-year improvement is mainly explained by higher Operating Income that offset the increase in CFE already explained. Year-to-date, Majority Net Income was US $373 million, up 62% from the same period in 2017.

5 Capital expenditures and acquisitions; Net debt ALFA S SECOND QUARTER Consolidated capital expenditures and acquisitions totaled US $651 million in 2Q18 including US $435 by Alpek for the acquisition of PetroquímicaSuape and Citepe in Brazil. All subsidiaries continued to make progress on their investment plans as discussed in the initial section of this report. Year-to-date capital expenditures were US $836 million. 2Q18 ALFA s Net Debt amounted to US $7,014 million, 10% higher than 2Q17, mostly reflecting the aforementioned acquisition. At the end of the quarter, financial ratios were: Net Debt to EBITDA, 3.1 times; Interest Coverage, 4.7 times. These ratios compare to 3.0 times and 5.7 times, respectively in 2Q17.

6 ALFA S SECOND QUARTER ALFA Table 1 Volume and Price Changes (%) 2Q18 vs. YTD. 18 vs. 1Q18 2Q17 YTD. 17 Total Volume Domestic Volume Foreign Volume Avg. Ps. Prices Avg. US $ Prices (1.0) Table 2 Revenues 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% Total Revenues Ps. Millions 93,738 85,850 78, , , US $ Millions 4,837 4,576 4, ,413 8, Domestic Revenues Ps. Millions 30,026 27,902 27, ,928 56,306 3 US $ Millions 1,551 1,487 1, ,038 2,897 5 Foreign Revenues Ps. Millions 63,712 57,948 50, , , US $ Millions 3,286 3,089 2, ,375 5, Foreign / Total (%) Table 3 Operating Income and EBITDA 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% Operating Income Ps. Millions 8,532 7,046 5, ,578 11, US $ Millions EBITDA Ps. Millions 13,129 11,787 9, ,916 20, US $ Millions ,305 1, Table 4 Comprehensive Financing (Expense) / Income (CFI) (US $ millions) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% Financial Expenses (144) (142) (108) (1) (34) (287) (239) (20) Financial Income (31) Net Financial Expenses (134) (127) (99) (5) (35) (261) (221) (18) Fx Gains (Losses) (44) 113 (18) (139) (144) (69) Capitalized CFE (2) CFE (173) (9) (113) (1,780) (53) (183) 4 (4,211) Avg. Cost of Borrowed Funds (%)

7 ALFA S SECOND QUARTER ALFA Table 5 Majority Net Income (US $ millions) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% Consolidated Net Income (Loss) (19) Minority Interest (60) (34) (15) Majority Net Income (Loss) (3) Per Share (US Dollars) Avg. Outstanding Shares (Millions) 5,055 5,055 5,086 5,055 5,099 Table 6 Cash Flow (US $ millions) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% EBITDA Net Working Capital & Others (9) (479) (9) 98 - (488) (274) (78) Capital Expenditures & Acquisitions (651) (185) (227) (252) (187) (836) (525) (59) Net Financial Expenses (129) (136) (103) 5 (25) (265) (227) (17) Taxes (202) (29) (88) (597) (130) (231) (141) (64) Dividends (ALFA, S.A.B.) 0 (169) (169) (170) 1 Other Sources / Uses 42 (72) (137) (30) (270) 89 Decrease (Increase) in Net Debt (273) (441) (42) 38 (550) (714) (557) (28) Table 7 Selected Balance Sheet Information & Financial Ratios (US $ millions) 2Q18 1Q18 1Q17 YTD. 17 YTD. 18 Assets 18,660 19,026 18,126 18,660 18,126 Liabilities 14,042 14,219 12,928 14,042 12,928 Stockholders Equity 4,617 4,806 5,198 4,617 5,198 Majority Equity 3,456 3,576 3,883 3,456 3,883 Net Debt 7,014 6,741 6,401 7,014 6,401 Net Debt/EBITDA* Interest Coverage* * Times: LTM = Last 12 months

8 ALFA S SECOND QUARTER ALFA Appendix A ALFA, S.A.B. de C.V. and Subsidiaries BALANCE SHEET Information in millions of Nominal Mexican Pesos (%) Jun 18 vs. Jun 18 Mar 18 Jun 17 Mar 18 Jun 17 Assets CURRENT ASSETS: Cash and cash equivalents 22,943 32,784 19,598 (30) 17 Trade accounts receivable 33,188 29,958 26, Other accounts and notes receivable 6,633 6,040 6, Inventories 50,526 44,775 39, Other current assets 11,235 10,659 12,580 5 (11) Total current assets 124, , , INVESTMENTS IN ASSOCIATES AND JOINT VENTURES 2,545 2,146 2, PROPERTY, PLANT AND EQUIPMENT 160, , , INTANGIBLE ASSETS 55,075 53,523 56,420 3 (2) OTHER NON-CURRENT ASSETS 28,353 23,149 21, Total assets 370, , , LIABILITIES AND STOCKHOLDER'S EQUITY CURRENT LIABILITIES: Current portion of long-term debt 2,795 2,609 1, Bank loans and notes payable 13,246 12,537 9, Suppliers 62,412 57,307 50, Other current liabilities 23,630 22,232 20, Total current liabilities 102,084 94,685 82, LONG-TERM LIABILITIES: Long-term debt 147, , , Deferred income taxes 13,009 12,006 14,194 8 (8) Other liabilities 11,221 5,626 6, Estimated liabilities for seniority premiums and pension plans 5,133 4,948 4, Total liabilities 278, , , STOCKHOLDERS' EQUITY: Controlling interest: Capital stock (0) Earned surplus 68,434 65,393 69,281 5 (1) Total controlling interest 68,645 65,604 69,493 5 (1) Total Non-controlling interest 23,069 22,566 23,544 2 (2) Total stockholders' equity 91,713 88,170 93,037 4 (1) Total liabilities and stockholders' equity 370, , , Current ratio Debt to equity

9 ALFA S SECOND QUARTER ALFA Appendix B ALFA, S.A.B. DE C.V. and Subsidiaries STATEMENT OF COMPREHENSIVE INCOME Information in millions of Nominal Mexican Pesos 2Q18 VS. (%) 2Q18 1Q18 2Q17 YTD 18 YTD 17 1Q18 2Q17 Net sales 93,738 85,850 78, , , Domestic 30,026 27,902 27,962 57,928 56, Export 63,712 57,948 50, , , Cost of sales (73,589) (68,198) (63,543) (141,786) (128,098) (8) (16) Gross profit 20,149 17,652 15,122 37,802 31, Operating expenses and others (11,618) (10,606) (9,985) (22,224) (20,834) (10) (16) Operating income 8,532 7,046 5,137 15,578 11, Comprehensive financing expense, net (3,344) (148) (2,137) (3,492) 133 (2,159) (56) Equity in income (loss) of associates (83) (40) Income before the following provision 5,203 6,986 3,026 12,189 11,317 (26) 72 Provisions for: Income tax (1,030) (2,048) (839) (3,078) (4,479) 50 (23) Consolidated net income 4,173 4,938 2,187 9,111 6,839 (15) 91 Income (loss) corresponding to minority interest 586 1, ,970 2,362 (58) (28) Net income (loss) corresponding to majority interest 3,587 3,554 1,371 7,141 4, EBITDA 13,129 11,787 9,679 24,916 20, Interest coverage* * LTM

10 ALFA S SECOND QUARTER Luis Ochoa +52 (81) lochoa@alfa.com.mx Juan Andrés Martín +52 (81) jamartin@alfa.com.mx APPENDIX: A SIGMA 11 B ALPEK 17 C NEMAK 30 D AXTEL 38 E NEWPEK 47 Eugenia Villarreal +52 (81) evillarreal@alfa.com.mx InspIR Group Susan Borinelli +1 (646) susan@inspirgroup.com This release may contain forward-looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive and financial market conditions and future business decisions, all of which are difficult or impossible to predict accurately. Accordingly, results could vary from those set forth in this release. The report presents unaudited financial information. Figures are presented in Mexican pesos or US Dollars, as indicated. Where applicable, peso amounts were translated into US Dollars using the average exchange rate of the months during which the operations were recorded. Financial ratios are calculated in US Dollars. Due to the rounding up of figures, small differences may occur when calculating percent changes from one period to the other.

11 ALFA S SECOND QUARTER Refrigerated food products 33% of ALFA s revenues and 24% of ALFA s EBITDA in 2Q18 Sigma is a leading multinational refrigerated food company that produces, markets and distributes quality branded foods, including packaged meats, cheese, yogurt and other refrigerated and frozen foods. Sigma has a diversified portfolio of leading brands and operates 70 plants in 18 countries across its four key regions: Mexico, Europe, the United States, and Latin America. Selected financial information Selected Financial Information (US $ million) 2Q18 1Q18 2Q17 Ch % vs. 1Q18 Ch % vs. 2Q17 YTD. 18 YTD. 17 YTD. Chg. % Total Revenues 1,587 1,55 1, ,139 2, Europe , Mexico ,283 1,192 8 USA Latam Total EBITDA Europe Mexico USA (9) (5) Latam (19) (7) Capex (22) (20) Net Debt 2,07 1,94 2, (2) 5 2,030 1,940 5 Net Debt / EBITDA LTM Interest Coverage Industry comments During 2Q18, consumer confidence was higher year-on-year across Sigma s main regions. In Mexico, the average consumer confidence index reported by INEGI (Instituto Nacional de Estadística y Geografía National Institute for Statistics and Geography) grew 1% year-on-year and 5% vs 1Q18, while same-store-sales reported by the National Association of Supermarkets and Department Stores (ANTAD) increased 8% year-on-year in nominal pesos. In the U.S., the average consumer confidence index increased 7% year-on-year as reported by The Conference Board, the highest level since In Europe, according to the European Commission, the average consumer confidence index increased to 0.0 in 2Q18 from -2.7 during 2Q17. Food retail sales in the U.S. increased 4% year-on-year and in Europe increased 1%, reported by the U.S. Census Bureau and Eurostat, respectively.

12 ALFA S SECOND QUARTER Key raw material prices varied during the quarter. In the Americas, compared to the previous quarter, pork ham decreased 7%, turkey breast and thighs increased 17% and 6%, respectively, while chicken prices were stable. During 2Q18, pork ham prices were 15% lower year-on-year and chicken was 14% lower than the same period of the prior year. By contrast, turkey breast and turkey thighs were 20% and 8% higher year on year, respectively. In Europe, prices for ham and pork shoulder decreased on average 18% year on year. On June 5th, the Mexican Government imposed retaliatory tariffs of 10% on U.S. pork ham and on July 5th the tariff increased to 20%. For Sigma s Mexican operations, pork ham imported from the U.S., represents approximately 5% of the cost of sales. Sigma is currently working to substitute these imports from regions such as Europe Canada and South America. Financial results by region Europe During 2Q18, European sales in euros increased 2% year-on-year, benefiting from the consolidation of the September 2017 acquisition of Caroli in Romania. 2Q18 EBITDA in euros decreased 2%, affected by additional marketing and brand building investments, as well as R&D expenses related to the Company s innovation strategy. During the quarter, the Company launched several products within its innovation platforms: Health & Nutrition, Indulgence, Sustainability and Convenience. The new Bureba plant is fully operational according to plan, bringing enhanced productivity, as well as synergies and savings which should continue to improve profitability in the coming quarters. EBITDA margin improvements are expected during the second half of the year. Mexico Mexican operations continue reporting solid results. During second quarter 2018 Mexican sales and EBITDA in pesos increased 6% and 8% year-on-year, respectively, driven by an increase in volume and higher average prices, that resulted in higher margins. USA 2Q18 U.S. sales increased 3% year-on-year, as sales from all three businesses (National, Hispanic and European) grew year-on-year. EBITDA decreased 9% year-on-year, mainly due to one-time costs from the implementation of a new ERP system, as well as continued higher freight costs associated with the new transportation regulation. Latam Second quarter 2018 Latin America sales in USD terms increased 15% year-on-year, benefitting from the acquisition of Supemsa at the end of 2Q17. Supemsa has been exceeding expectations and Sigma is in the early stages of capturing the anticipated synergies. 2Q18 EBITDA decreased 7% year-on-year impacted by a temporary plant stoppage in Costa Rica during 1Q18 that affected sales this quarter. Also, the sociopolitical situation in Nicaragua impacted the trade of products between Central American countries. Consolidated financial results During 2Q18, Sigma s revenues were US $1,587 million, an increase of 6% versus 2Q17 with growth across all regions. Sigma sold approximately 450 thousand tons of food products, up 4% versus 2Q17. In dollar terms, average prices increased 2% year-on-year. Accumulated 2018 revenues totaled US $3,139 million, a 10% increase from the first half of 2017.

13 ALFA S SECOND QUARTER Sales in Mexico accounted for 41% of the quarter s total, while Europe represented 35%, the U.S. 17%, and Latin America 7%. In 2Q18, operating income was US $114 million, 2% lower year-on-year and EBITDA was US $168 million up 1% year-on-year. This EBITDA increase was primarily due to a solid performance of Mexican operations, the consolidation of Supemsa and Caroli and a stronger euro against the dollar. Accumulated 2018 EBITDA totaled US $330 million, up 9% from the same period Capital expenditures and acquisitions; net debt During 2Q18, capital expenditures were US $39 million. These funds were utilized for maintenance and minor projects across the company. At the end of 2Q18, Net Debt was US $2,030 million, up 5% from 2Q17, mainly explained by the outflows related to the Bureba facility and the acquisitions of Supemsa and Caroli. Financial ratios at the end of 2Q18 were: Net Debt to EBITDA, 2.9 times; Interest Coverage, 5.2 times. These ratios compare to 3.1 times and 4.4 times, respectively in 2Q17. Recent developments On July 12, 2018, Sigma paid its certificados bursátiles with ticker symbols SIGMA08 y SIGMA08U dated July 24, 2008, for a total accumulated amount of $1, ,720 pesos utilizing internally generated funds.

14 ALFA S SECOND QUARTER SIGMA Table 1 Volume and Price Changes (%) 2Q18 vs. YTD. 18 vs. 1Q18 2Q17 YTD. 17 Total Volume Avg. Ps. Prices Avg. US $ Prices (2.8) Table 2 Revenues 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% Total Revenues Ps. Millions 30,755 29,111 27, ,866 55,402 8 US $ Millions 1,587 1,552 1, ,139 2, Domestic Revenues Ps. Millions 12,525 11,929 11, ,454 23,136 6 US $ Millions ,283 1,192 8 Foreign Revenues Ps. Millions 18,230 17,182 16, ,412 32, US $ Millions ,856 1, Foreign / Total (%) Table 3 Operating Income and EBITDA 2Q18 1Q18 2Q17 1Q18 2Q17 YTD. 18 YTD.'17 Chg.% Operating Income Ps. Millions 2,210 2,025 2, ,235 3,868 9 US $ Millions (2) EBITDA Ps. Millions 3,250 3,044 3, ,294 5,835 8 US $ Millions Table 4 Selected Balance Sheet Information & Financial Ratios (US $ millions) 2Q18 1Q18 2Q17 YTD. 18 YTD. 17 Assets 5,166 5,864 5,207 5,166 5,207 Liabilities 4,235 4,915 4,328 4,235 4,328 Stockholders Equity Majority Equity Net Debt 2,030 2,078 1,940 2,030 1,940 Net Debt/EBITDA* Interest Coverage* * Times: LTM = Last 12 months

15 ALFA S SECOND QUARTER SIGMA Appendix A Sigma Alimentos, S.A. de C.V. and Subsidiaries BALANCE SHEET Information in millions of Nominal Mexican Pesos (%) Jun 18 vs. Jun 18 Mar 18 Jun 17 Mar 18 Jun 17 ASSETS CURRENT ASSETS: Cash and cash equivalents 10,847 19,151 10,467 (43) 4 Restricted cash (20) Customers, net 5,351 5,466 5,482 (2) (2) Income tax recoverable (35) Inventories 15,387 14,751 14, Other current assets 2,698 2,744 3,523 (2) (23) Total current assets 34,818 42,596 34,822 (18) (0) NON-CURRENT ASSTES: Property, plant and equipment, net 34,427 33,714 31, Intangible assets, net 15,623 14,767 14, Goodwill 14,090 14,073 10, Deferred income tax 2,666 2,159 1, Investments in associates and joint ventures (2) (90) Other non-current assets Total non-current assets 67,803 64,976 58, Total assets 102, ,572 93,185 (5) 10 LIABILITIES AND STOCKHOLDER'S EQUITY CURRENT LIABILITIES: Current debt 2,234 2, (1) 447 Notes payables Suppliers 19,020 17,879 18, Income tax payable 1,652 1,974 1,498 (16) 10 Provisions (14) (34) Other current liabilities 5,573 5,161 4, Total current liabilities 28,696 27,498 25, NON-CURRENT LIABILITIES: Non-current debt 48,323 54,361 44,124 (11) 10 Notes payables (3) (18) Deferred income taxes 3,594 3,627 3,855 (1) (7) Employees benefits 1,417 1,346 1, Provisions (8) (34) Income tax payable 1,264 2,363 2,095 (47) (40) Other non-current liabilities (21) 3 Total non-current liabilities 55,425 62,665 52,131 (12) 6 Total liabilities 84,122 90,163 77,452 (7) 9 STOCKHOLDERS' EQUITY: Total controlling interest 17,837 16,748 15, Total Non-controlling interest Total stockholders' equity 18,499 17,409 15, Total liabilities and stockholders' equity 102, ,572 93,185 (5) 10

16 ALFA S SECOND QUARTER SIGMA Appendix B Sigma Alimentos, S.A. de C.V. and Subsidiaries STATEMENT OF COMPREHENSIVE INCOME Information in millions of Nominal Mexican Pesos 2Q18 VS. (%) 2Q18 1Q18 2Q17 YTD 18 YTD 17 1Q18 2Q17 Revenue 30,755 29,111 27,940 59,865,764 55,402, Cost of sales (22,165) (20,936) (20,195) (43,101,005) (40,111,725) 6 10 Gross profit 8,590 8,175 7,746 16,764,759 15,290, Selling expenses (5,061) (4,847) (4,459) (9,907,875) (8,935,837) 4 14 Administrative expenses (1,343) (1,387) (1,146) (2,730,167) (2,435,914) (3) 17 Other income (expenses), net ,732 (51,266) (71) 36 Operating profit 2,210 2,025 2,159 4,235,449 3,867, Comprehensive financing expense, net (204) (716) (2,185) (920,175) (2,442,944) (71) (91) Equity in income (loss) of associates (0) (1) 6 (556) 7,100 (95) (100) Profit before income tax 2,006 1,309 (21) 3,314,718 1,431, (9,804) Provisions for: Income tax (85) (1,033) (550) (1,117,745) (2,071,840) (92) (85) Net consolidated profit 1, (571) 2,196,973 (640,234) 596 (437) Non-controlling interest (15) 1 7 (13,827) 7,043 (1,879) (307) Controlling interest 1, (578) 2,210,800 (647,277) 603 (435)

17 Second Quarter 2018 (2Q18) Monterrey, Mexico. July 18, 2018 Alpek, S.A.B. de C.V. (BMV: ALPEK) Selected Financial Information (U.S. $ Millions) Alpek reports 2Q18 EBITDA of U.S. $239 million 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Total Volume (ktons) 1,151 1,016 1, ,167 2,024 7 Polyester ,699 1,566 8 Plastics & Chemicals Consolidated Revenues 1,759 1,532 1, ,291 2, Polyester 1,320 1, ,429 1, Plastics & Chemicals Consolidated EBITDA Polyester Plastics & Chemicals Profit Attributable to Controlling Interest CAPEX and Acquisitions Net Debt 1,637 1,270 1, Net Debt/LTM EBITDA (1) Interest Coverage (1) (1) Times: Last 12 months Operating & Financial Highlights (2Q18) Alpek All-time high consolidated quarterly EBITDA driven by better-than-expected results in both business segments Completed the Suape/Citepe acquisition; Alpek took control of operations on May 1, 2018 Ongoing process to finalize the sale of two cogeneration power plants in Mexico Polyester 2Q18 Polyester EBITDA of U.S. $162 million, including a U.S. $17 million non-cash inventory gain. Comparable 2Q18 Polyester EBITDA +219% yoy and +42% qoq Asian reference integrated PET margins near a record high quarterly average in 2Q18 Stable M&G Mexico PET operations supported by Alpek Plastics & Chemicals (P&C) 2Q18 P&C EBITDA of U.S. $78 million, including a U.S. $3 million non-cash inventory gain. Comparable 2Q18 P&C EBITDA +41% yoy and +10 qoq P&C results driven by better-than-expected polypropylene (PP) margins This release contains forward looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive and financial market conditions and future business decisions, all of which are difficult or impossible to predict accurately. Accordingly, results could vary from those set forth in this release. The report presents unaudited financial information based on International Financial Reporting Standards (IFRS). Figures are stated in nominal Mexican pesos ($) and in current U.S. Dollars (U.S. $), as indicated. Where applicable, peso amounts were translated into U.S. Dollars using the average exchange rate of the months during which operations were recorded. Financial ratios are calculated in U.S. Dollars. Due to the rounding up of figures, small differences may occur when calculating percent changes from one period to the other.

18 Second Quarter 2018 (2Q18) Message from the CEO Second quarter 2018 Consolidated EBITDA was U.S. $239 million, up 191% year-on-year and 32% quarter-onquarter as global reference polyester margins continued to expand after 1Q18 amid a better-than-expected oil and feedstock price environment. 2Q18 results also reflect the consolidation of PetroquímicaSuape and Citepe ( Suape/Citepe ) as of May 1, This was the fourth consecutive quarter that oil prices posted sequential improvement. The average price of Brent crude oil was U.S. $75 per barrel in 2Q18, up 11% quarter-on-quarter and U.S. $18 per barrel higher than Alpek s 2018 Guidance. Thus, the U.S. reference paraxylene ( Px ) and propylene ( PGP ) contract prices increased 5% and 26% from March to June, respectively. Higher feedstock prices resulted in a U.S. $20 million non-cash inventory gain during the second quarter and a U.S. $36 million gain year-to-date. 2Q18 Polyester segment EBITDA was U.S. $162 million, including a U.S. $17 million non-cash inventory gain plus a U.S. $3 million one-time profit from the sale of unused land in Mexico and U.S. $3 million in non-recurring legal fees/expenses. Adjusting for these three items, 2Q18 Comparable Polyester EBITDA was U.S. $144 million, up 219% and 42% when compared with 2Q17 and 1Q18, respectively. The strong recovery in global polyester margins and positive EBITDA from Suape/Citepe contributed to EBITDA growth. Also, M&G Mexico maintained normalized PET production levels supported by Alpek through secured financing while a definitive restructuring plan is presented. Alpek s priorities in M&G Mexico s restructuring process are: i) maximizing the recovery of its claims and ii) maintaining PTA supply to the restructured entity. As announced in 1Q18, a newly formed joint venture between Alpek, Indorama and Far Eastern, presented the winning bid to acquire the Corpus Christi project and other related assets from M&G USA. The process to obtain the required approvals from governmental authorities is underway. A noteworthy U.S. polyester industry development in 2Q18 was the announcement of affirmative preliminary determinations in the PET antidumping duty investigations conducted by the U.S. Department of Commerce (USDOC). As a result, cash deposits are now required for PET imports from Brazil, Indonesia, Korea, Pakistan and Taiwan based on preliminary rates that range from 8% to 227%. Final determinations from the USDOC and the U.S. International Trade Commission (USITC) are expected before year-end. The Plastics & Chemicals (P&C) segment also posted EBITDA growth in 2Q18. Adjusting for a U.S. $3 million non-cash inventory gain, Comparable P&C EBITDA was U.S. $75 million, up 41% when compared with 2Q17 and 10% higher than 1Q18, driven mainly by better-than-expected polypropylene business performance. Capex totaled U.S. $471 million as Alpek completed the Suape/Citepe acquisition for a total amount of U.S. $435 million, subject to post-closing adjustments. 2Q18 Capex also includes investment in the 350 MW Altamira cogeneration power plant s construction which reached 95% completion. Moreover, the process to finalize the sale of the Cosoleacaque and Altamira cogeneration power plants advanced after 1Q18. It is important to note that Mexican power tariffs increased consistently in 2Q18 as the regulator s implementation of its new tariff methodology moved forward. ir@alpek.com 2

19 Second Quarter 2018 (2Q18) Alpek maintained a solid financial position after the Suape/Citepe acquisition. At the close of 2Q18, Net Debt totaled U.S. $1.637 billion and Net Debt to EBITDA was 2.9 times or 2.4 times when adjusted for the U.S. -$113 million M&G A/R provision that affected EBITDA in 3Q17. Credit metrics improved quarter-on-quarter. Moreover, EBITDA growth and the potential sale of the two cogeneration power plants in Mexico are supportive for further deleverage during the second half of the year. Year-to-date results exceeded Alpek s estimates. Comparable consolidated EBITDA as of June 30, 2018 was U.S. $105 million above Guidance driven mainly by the Polyester segment, which benefited from a strong recovery in global reference margins, normalized operations at M&G Mexico and the consolidation of the Suape/Citepe acquisition, among others. We maintain a positive outlook for the remainder of the year. An updated 2018 Consolidated Guidance will be announced tomorrow, based on an average Brent crude oil price of U.S. $71. Other relevant assumptions include a lower reference Asian integrated PET margin versus 2Q18, the unplanned shutdown at our PTA plant in Altamira and a positive EBITDA contribution from Suape/Citepe. ir@alpek.com 3

20 Second Quarter 2018 (2Q18) Results by Business Segment Polyester (Purified Terephthalic Acid (PTA), Polyethylene Terephthalate (PET), Polyester fibers 73% of Alpek s Net Sales) Alpek s second quarter 2018 Polyester revenues were up 42% year-on-year and 19% quarter-on-quarter driven by a combination of higher volume and average prices. Average 2Q18 Polyester prices were up 26% when compared with 2Q17 and increased 3% versus 1Q18, reflecting the rise in feedstock prices such as paraxylene (Px). 2Q18 Polyester volume was 1,151 Ktons, including 84 Ktons from Suape/Citepe. Adjusting for the volume from the acquired entities in Brazil, Polyester was up 3% and 5% when compared with 2Q17 and 1Q18, respectively. Robust demand amid a rising feedstock price environment contributed to Polyester volume growth. Year-to-date Polyester volume was 8% higher than the first half of 2017; up 3% when adjusted for Suape/Citepe. Second quarter 2018 segment EBITDA was U.S. $162 million, including a U.S. $17 million non-cash inventory gain plus a U.S. $3 million one-time profit from the sale of unused land in Mexico ( 20 acres) and U.S. $3 million in non-recurring legal fees/expenses. Adjusting for these three items, Comparable 2Q18 Polyester EBITDA was U.S. $144 million, up 219% and 42% when compared to 2Q17 and 1Q18, respectively, driven by the strong recovery in global polyester margins and a positive EBITDA contribution from Suape/Citepe, among others. The Asian reference integrated PET margin expanded close to a record high quarterly average in 2Q18. Plastics & Chemicals (P&C) (Polypropylene (PP), Expandable Polystyrene (EPS), Caprolactam (CPL), Other products 27% of Alpek s Net Sales) 2Q18 P&C revenue increased 17% year-on-year and 4% quarter-on-quarter as a result of higher average prices and volume. Average second quarter 2018 P&C prices were up 13% when compared with 2Q17 and flat versus 1Q18, reflecting feedstock prices such as propylene and styrene. Second quarter 2018 P&C volume was 3% higher than 2Q17 largely due to the EPS capacity expansion that was completed in 3Q17. In addition, 2Q18 P&C volume increased 4% versus 1Q18 driven mainly by PP. Year-to-date P&C volume was up 2% as EPS volume growth was partially offset by other products. Segment EBITDA was U.S. $78 million in 2Q18, including a U.S. $3 million non-cash inventory gain. Adjusting for inventory gains, Comparable 2Q18 P&C EBITDA was up 41% and 10% when compared with 2Q17 and 1Q18, respectively. Year-to-date Comparable P&C EBITDA increased 24% versus the first half of 2017 driven mainly by better-than-expected polypropylene margins, reflecting a tight PP supply/demand balance and a favorable propylene mix. ir@alpek.com 4

21 Second Quarter 2018 (2Q18) Consolidated Financial Results Net Sales: Net Sales for the second quarter totaled U.S. $1.759 billion, including U.S. $100 million from Suape/Citepe. Adjusting for the acquired entities in Brazil, Net Sales were up 27% year-on-year and 8% quarter-onquarter, due to higher average consolidated prices and volume. Adjusted average 2Q18 consolidated prices were 24% higher than 2Q17 and increased 3% versus 1Q18, driven mainly by feedstock price movements. Moreover, adjusted 2Q18 consolidated volume was up 3% and 5% when compared with 2Q17 and 1Q18, respectively, supported by growth in both business segments. Accumulated net sales as of June 30, 2018 totaled U.S. $3.291 billion, 27% higher than the same period last year; up 23% when adjusted for Suape/Citepe. EBITDA: 2Q18 EBITDA was U.S. $239 million, including a net gain of U.S. $21 million from the following three nonoperating items: i) a U.S. $20 million non-cash inventory gain, ii) a U.S. $3 million one-time profit from the sale of unused land in Mexico and iii) U.S. $3 million in non-recurring legal fees/expenses. Adjusting for these items, Comparable Consolidated EBITDA was U.S. $218 million, U.S. $170 million and U.S. $99 million in 2Q18, 1Q18 and 2Q17 respectively. 2Q18 Comparable Consolidated EBITDA benefited from a strong recovery in global polyester margins, a positive Suape/Citepe EBITDA contribution and robust polypropylene margins, among others. Accumulated EBITDA as of June 30, 2018 was U.S. $420 million and accumulated Comparable Consolidated EBITDA totaled U.S. $389 million. Profit (Loss) Attributable to Controlling Interest: Profit Attributable to Controlling Interest for the second quarter of 2018 was U.S. $142 million, compared to U.S. $25 million and U.S. $82 million in 2Q17 and 1Q18, respectively. 2Q18 Profit Attributable to Controlling Interest increased versus 2Q17 and 1Q18 mainly driven by higher operating income. Accumulated Profit Attributable to Controlling Interest as of June 30, 2018 was U.S. $224 million, up 101% when compared to the same period in Capital Expenditures and Acquisitions (Capex): 2Q18 Capex was U.S. $471 million, including the Suape/Citepe acquisition for a total amount of U.S. $435 million, subject to post-closing adjustments. The largest organic investment year-to-date is the 350 MW Altamira cogeneration power plant s construction which reached 95% completion in 2Q18. Accumulated Capex as of June 30, 2018 totaled U.S. $527 million, up 272% when compared to the same period in Net Debt: Consolidated Net Debt as of June 30, 2018 was U.S. $1.637 billion, up 55% and 29% versus 2Q17 and 1Q18, respectively. On an absolute basis, Net Debt increased U.S. $375 million year-to-date as the U.S. $435 million investment in the Suape/Citepe acquisition was partially offset by better-than-expected EBITDA. As of June 30, 2018, Gross Debt was U.S. $1.860 billion and Cash totaled U.S. $223 million. Financial ratios at the close of 2Q18 were: Net Debt to EBITDA of 2.9 times and Interest Coverage of 5.9 times. Adjusting for the U.S. -$113 million M&G A/R provision, Net Debt to EBITDA was 2.4 times and Interest Coverage was 7.1 times. ir@alpek.com 5

22 Second Quarter 2018 (2Q18) Appendix A - Tables TABLE 1 VOLUME (KTONS) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Total Volume 1,151 1,016 1, ,167 2,024 7 Polyester ,699 1,566 8 Plastics and Chemicals TABLE 2 PRICE CHANGES (%) Polyester YTD18 vs. 1Q18 2Q17 YTD17 Avg. Ps. Prices Avg. U.S. $ Prices Plastics and Chemicals Avg. Ps. Prices Avg. U.S. $ Prices Total Avg. Ps. Prices Avg. U.S. $ Prices TABLE 3 INCOME STATEMENT (U.S. $ Millions) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Total Revenues 1,759 1,532 1, ,291 2, Gross Profit Operating expenses and others (64) (59) (36) (8) (78) (123) (84) (46) Operating income Financial cost, net (10) (5) (6) (110) (67) (15) 11 (243) Share of losses of associates (84) Income Tax (33) (35) (5) 6 (606) (69) (39) (78) Consolidated net income Controlling Interest ir@alpek.com 6

23 Second Quarter 2018 (2Q18) TABLE 4 REVENUES 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Total Revenues Ps. Millions 34,143 28,746 24, ,888 50, U.S. $ Millions 1,759 1,532 1, ,291 2, Domestic Revenues Ps. Millions 10,425 9,061 9, ,485 18,730 4 U.S. $ Millions , Foreign Revenues Ps. Millions 23,718 19,685 15, ,403 31, U.S. $ Millions 1,222 1, ,271 1, Foreign / Total (%) TABLE 5 OPERATING INCOME AND EBITDA Operating Income 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Ps. Millions 3,933 2, ,628 3, U.S. $ Millions EBITDA Ps. Millions 4,662 3,391 1, ,053 4, U.S. $ Millions TABLE 6 COMPARABLE EBITDA 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% EBITDA Ps. Millions 4,662 3,391 1, ,053 4, U.S. $ Millions Adjustments* Ps. Millions (414) (196) 318 (111) (237) (610) (232) (164) U.S. $ Millions (21) (10) 17 (102) (232) (31) (10) (229) Comparable EBITDA Ps. Millions 4,247 3,195 1, ,443 4, U.S. $ Millions *Adjustments: Inventory and non-operating, one-time (gains) losses ir@alpek.com 7

24 Second Quarter 2018 (2Q18) TABLE 7 FINANCIAL COST, NET (U.S. $ Millions) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Financial Expenses (28) (23) (19) (23) (54) (52) (36) (43) Financial Income (28) Net Financial Expenses (24) (17) (15) (40) (57) (42) (29) (41) Fx Gains (Losses) (34) Financial Cost, Net (10) (5) (6) (110) (67) (15) 11 (243) TABLE 8 NET INCOME (U.S. $ Millions) 2Q18 1Q18 2Q17 (%)2Q18 vs. 1Q18 2Q17 YTD18 YTD17 Ch.% Consolidated Net Income Non-Controlling Interest (20) Controlling Interest Earnings per Share (U.S. Dollars) Avg. Outstanding Shares (Millions)* 2,117 2,117 2,117 2,117 2,117 * The same number of equivalent shares are considered in the periods presented TABLE 9 CASH FLOW (U.S. $ Millions) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% EBITDA Net Working Capital & Others (66) (85) (142) (150) 91 (264) Capital Expenditures & Acq. (471) (56) (65) (741) (621) (527) (142) (272) Financial Expenses (26) (22) (17) (18) (59) (49) (33) (49) Income tax (33) (7) (33) (346) (1) (41) (60) 32 Dividends (28) - (9) (100) (222) (28) (97) 71 Payment affiliated companies , ,330 Other Sources / Uses 8 (18) (10) (17) 42 Decrease (Increase) in Net Debt (367) (7) 118 (4,940) (412) (375) (16) (2,268) ir@alpek.com 8

25 Second Quarter 2018 (2Q18) TABLE 10 STATEMENT OF FINANCIAL POSITION & FINANCIAL RATIOS (U.S. $ Millions) (%) 1Q18 vs. 2Q18 1Q18 2Q17 1Q18 2Q17 Assets Cash and cash equivalents (49) 19 Trade accounts receivable Inventories 1, Other current assets Total current assets 2,311 2,302 1, Investment in associates and others Property, plant and equipment, net 2,480 2,108 2, Goodwill and intangible assets, net (2) (66) Other non-current assets Total assets 5,522 4,989 4, Liabilities & stockholders' equity Debt (15) 29 Suppliers 1, Other current liabilities Total current liabilities 1,593 1,570 1, Debt (include debt issuance cost) 1,550 1,343 1, Employees benefits (11) Other long term liabilities Total liabilities 3,832 3,264 2, Total stockholders' equity 1,691 1,725 2,079 (2) (19) Total liabilities & stockholders' equity 5,522 4,989 4, Net Debt 1,637 1,270 1, Net Debt/EBITDA* Interest Coverage* * Times: last 12 months ir@alpek.com 9

26 Second Quarter 2018 (2Q18) Polyester TABLE 11 REVENUES 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Total Revenues Ps. Millions 25,615 20,811 17, ,426 35, U.S. $ Millions 1,320 1, ,429 1, Domestic Revenues Ps. Millions 5,039 4,223 4, ,262 9,658 (4) U.S. $ Millions (2) Foreign Revenues Ps. Millions 20,576 16,588 12, ,164 26, U.S. $ Millions 1, ,944 1, Foreign / Total (%) TABLE 12 OPERATING INCOME AND EBITDA 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Operating Income Ps. Millions 2,566 1, ,079 4,105 1, U.S. $ Millions , EBITDA Ps. Millions 3,159 2, ,250 2, U.S. $ Millions TABLE 13 COMPARABLE EBITDA EBITDA 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Ps. Millions 3,159 2, ,250 2, U.S. $ Millions Adjustments* Ps. Millions (350) (185) 234 (89) (259) (536) (162) (234) U.S. $ Millions (18) (10) 12 (83) (256) (28) (7) (328) Comparable EBITDA Ps. Millions 2,809 1, ,714 2, U.S. $ Millions *Adjustments: Inventory and non-operating, one-time (gains) losses ir@alpek.com 10

27 Second Quarter 2018 (2Q18) Plastics & Chemicals TABLE 14 REVENUES 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Total Revenues Ps. Millions 8,522 7,934 6, ,456 14, U.S. $ Millions Domestic Revenues Ps. Millions 5,385 4,838 4, ,223 9, U.S. $ Millions Foreign Revenues Ps. Millions 3,136 3,096 2, ,233 5, U.S. $ Millions (2) Foreign / Total (%) TABLE 15 OPERATING INCOME AND EBITDA 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 Ch.% Operating Income Ps. Millions 1,390 1, ,548 2, U.S. $ Millions EBITDA Ps. Millions 1,526 1, ,828 2, U.S. $ Millions TABLE 16 COMPARABLE EBITDA EBITDA 2Q18 1Q18 2Q17 (%)2Q18 vs. 1Q18 2Q17 YTD18 YTD17 Ch.% Ps. Millions 1,526 1, ,828 2, U.S. $ Millions Adjustments* Ps. Millions (64) (11) 84 (508) (177) (75) (71) (6) U.S. $ Millions (3) (1) 5 (468) (166) (4) (3) (16) Comparable EBITDA Ps. Millions 1,462 1, ,753 2, U.S. $ Millions *Adjustments: Inventory and non-operating, one-time (gains) losses ir@alpek.com 11

28 Second Quarter 2018 (2Q18) Appendix B Financial Statements ALPEK, S.A.B. DE C.V. and Subsidiaries STATEMENT OF FINANCIAL POSITION Information in Millions of Mexican Pesos (%) Jun 18 vs. Jun 18 Mar 18 Jun 17 Mar 18 Jun 17 ASSETS CURRENT ASSETS: Cash and cash equivalents 4,426 7,354 2,675 (40) 65 Restricted cash (100) (100) Trade accounts receivable 15,358 12,740 10, Other accounts and notes receivable 4,133 3,798 3, Inventories 20,570 16,374 13, Other current assets 1,407 1,247 1, Total current assets 45,897 42,223 31, Investment in associates and others 1,593 1, Property, plant and equipment, net 49,254 38,670 37, Goodwill and intangible assets,net 3,933 3,719 10,276 6 (62) Other non-current assets 9,013 5,639 4, Total assets 109,690 91,514 84, LIABILITIES AND STOCKHOLDER'S EQUITY CURRENT LIABILITIES: Debt 6,058 6,621 4,218 (9) 44 Suppliers 20,624 17,961 13, Other current liabilities 4,960 4,212 3, Total current liabilities 31,642 28,794 21, NON-CURRENT LIABILITIES: Debt (include debt issuance cost) 30,788 24,639 17, Deferred income taxes 4,639 4,142 5, (8) Other non-current liabilities 7,969 1,310 1, Employees benefits 1, ,089 8 (2) Total liabilities 76,107 59,877 46, STOCKHOLDERS EQUITY: Controlling interest: Capital stock 6,052 6,050 6, Share premium 9,071 9,071 9, Contributed capital 15,123 15,121 15, Earned surplus 13,508 11,719 17, (25) Total controlling interest 28,631 26,840 33,035 7 (13) Non-controlling interest 4,952 4,797 4, Total stockholders equity 33,583 31,637 37,201 6 (10) Total liabilities and stockholders equity 109,690 91,514 84, ir@alpek.com 12

29 Second Quarter 2018 (2Q18) ALPEK, S.A.B. DE C.V. and Subsidiaries STATEMENT OF INCOME Information in Millions of Mexican Pesos 2Q18 vs.(%) YTD18 vs. (%) 2Q18 1Q18 2Q17 1Q18 2Q17 YTD18 YTD17 YTD17 Revenues 34,143 28,746 24, ,888 50, Domestic 10,425 9,061 9, ,485 18,730 4 Export 23,718 19,685 15, ,403 31, Cost of sales (28,966) (24,943) (22,698) (16) (28) (53,909) (45,524) (18) Gross profit 5,177 3,803 1, ,979 5, Operating expenses and others (1,244) (1,108) (673) (12) (85) (2,351) (1,651) (42) Operating income 3,933 2, ,628 3, Financial result, net (217) (84) (119) (158) (82) (300) 198 (252) Share of losses of associates - (9) (3) (9) (5) (82) Equity in income of associates and joint ventures 3,716 2, ,319 3, Income taxes (640) (664) (89) 4 (619) (1,305) (782) (67) Consolidated net income 3,076 1, ,014 2, Profit attributable to Controlling interest 2,752 1, ,302 2, Profit attributable to Non-controlling interest (16) ir@alpek.com 13

30 } Nemak reports 2Q18 results - Quarterly Revenues and EBITDA of US$1.2 billion and US$207 million, respectively - New contracts awarded to Nemak for US$150 million in annual revenues Monterrey, Mexico. July 18, provider of innovative lightweighting solutions for the global automotive industry, announced today its operational and financial results for the second quarter of 2018 ("2Q18"). What follows is an overview of the highlights: Key Figures For 2Q18, volumes were 13.1 million equivalent units ("MEU"), 2.3% higher than in 2Q17. The North America ("NA") region reported growth, while Europe ("EU") finished with lower volumes year-onyear ("y-o-y"). Revenues in the period amounted to US$1,239 million, up 6.4% y-o-y, thanks to higher aluminum prices and volumes as well as the appreciation of the euro vis-a-vis the U.S. dollar. 2Q18 EBITDA was US$207 million, slightly higher y-o-y but 10.1% higher excluding non-recurring income reported in 2Q17. Higher volumes and FX effects, together with a less adverse impact from "metal price lag" (the delay in passing on aluminum price changes to customers, as stipulated in ) and operational efficiencies supported the improved result. Capital expenditures amounted to US$93 million during 2Q18. Nemak continued investing to meet demand and create more value in its powertrain and structural and electric vehicle components businesses. At the end of the quarter, Nemak s financial ratios were: Net Debt to EBITDA, 1.8 times; Interest Coverage, 8.2 times. July 18,

31 Message from the CEO We capitalized on new launches this quarter of higher value-added products including structural and electric vehicle components achieving improved results mainly through a combination of volume growth and operational performance. Additionally, we benefited from FX effects along with a less adverse impact of metal price lag. Our North America and Europe regions led the way, achieving a better product mix while advancing initiatives to optimize manufacturing and labor costs. At the same time, we successfully worked with all our main North America-based customers to address extraordinary effects stemming from volatility in aluminum prices, implementing new pricing adjustments that will protect us against the recent divergence between primary and secondary references in the region. I am also pleased to share that we continued to make inroads in our structural and electric vehicle components business. We won a contract with a new Tier-1 customer to develop and produce complex e-motor housings for premium applications in Europe. And, we entered the early launch phase of our first battery housing program in North America, which is for a premium European OEM. With dedicated teams and a broad technology portfolio focused on lightweighting and electrification, I am confident that we are building the full range of capabilities required to achieve and sustain profitable growth in this segment. Automotive Industry In the quarter, SAAR for U.S. vehicle sales increased 2.0% compared to 2Q17, as higher sales of light trucks including CUVs, SUVs, and pickups more than compensated for lower passenger car sales. Meanwhile, North America vehicle production decreased 1.7% and 2.2%, respectively, as OEMs continued to reduce inventories. In Europe, 2Q18 vehicle sales (SAAR) increased 3.9% y-o-y supported by more favorable economic conditions, particularly in Eastern Europe. Vehicle production figures saw an uptick y-o-y, as OEMs increased their exports to other regions. July 18,

32 Recent Developments Awarded new contracts worth US$150 million in annual revenues, approximately 25% of which represented incremental business. Obtained a new contract for the development and production of electric motor housings for premium vehicles in Europe. Reached a new production milestone in structural and electric vehicle components, surpassing 3 million parts at the close of 2Q18. Received the General Motors Supplier of the Year Award for outstanding performance. As a year history. Financial Results Summary What follows is an explanation of the results shown in the table above: 2Q18 total volume increased 2.3% y-o-y due to higher sales in NA, which were driven by better performance among Detroit 3 automakers. In EU, Nemak s 2Q18 volumes declined y-o-y as higher sales for gasoline applications were not enough to offset lower sales for diesel applications. In RoW, South America reported higher volumes, which offset a decrease in Asia. On a cumulative basis, volumes in 1H18 were slightly higher than in 1H17, as higher NA sales more than compensated for lower volumes in EU. Turning to Revenues, the appreciation of the euro against the U.S. dollar and higher aluminum prices, plus the increase in volumes, drove a 6.4% y-o-y increase in 2Q18. For 1H18, revenues were 8.1% higher than in 1H17, basically for the same reasons. Regarding Operating Income, the company benefited from higher volumes, operational efficiencies, and a lower metal price lag effect, together with positive FX effects and lower depreciation. Accordingly, 2Q18 Operating Income was up 8.9% y-o-y, or up 27.4% if excluding non-recurring income reported in 2Q17, when the company cancelled a provision related to a disputed tax on revenues in Brazil. On a cumulative basis, 1H18 Operating Income was 3.0% higher (or 11.4% higher excluding the already explained non-recurring income) than 1H17, reflecting the same factors that influenced the quarterly figure. July 18,

33 2Q18 EBITDA was slightly higher y-o-y, or 10.1% higher excluding the non-recurring income of 2Q17. 2Q18 EBITDA per equivalent unit was US$15.8, lower than the US$16.1 (or higher than US$14.7, on a comparable basis) than in 2Q17. On a cumulative basis, 1H18 EBITDA was 2.0% higher than 1H17 (6.9% higher on a comparable basis), due to the performance of Operating Income already explained. EBITDA per equivalent unit in 1H18 was US$15.4, 1.3% higher (6.2% higher excluding the non-recurring income) than 1H17. 2Q18 Net Income decreased 69.2% compared to 2Q17 mainly due to non-cash foreign exchange losses together with higher deferred taxes. On a cumulative basis, Nemak s 1H18 Net Income was 35.9% lower than in 1H17, basically for the same reason that explained the quarterly performance, plus incremental financial expenses related to the issuance of a long-term bond during 1Q18. Capital expenditures amounted to US$93 million during 2Q18, for a total of US$199 million in 1H18. As explained, investments were made in 2Q18 to support new program launches and to drive operational efficiency across regions. As of June 30, 2018, Nemak reported Net Debt in the amount of US$1.3 billion. Financial ratios were: Debt, net of Cash, to EBITDA, 1.8 times; and Interest Coverage, 8.2 times. These ratios were the same and lower, respectively, than those reported at the end of June Regional Results North America In 2Q18, revenues increased 5.0% y-o-y due to a combination of higher volumes and higher aluminum prices. EBITDA was 7.8% lower y-o-y; however, excluding the non-recurring income of 2Q17 already explained in the Operating Income section, EBITDA would have grown 5.7% y-o-y. In this region, the company benefited from increased volumes, a less negative metal lag effect, and operational efficiencies. Europe In 2Q18, revenues increased 7.2% y-o-y driven by currency effects and higher aluminum prices. Meanwhile, 2Q18 EBITDA increased 21.4% y-o-y, as operational efficiencies and FX gains more than offset the negative impact of lower volumes. Rest of the World (RoW) In 2Q18, revenues in RoW increased by 11.9% y-o-y driven by higher aluminum prices. EBITDA for the period was down US$1 million mainly due to a less favorable product mix July 18,

34 Methodology for presentation of results The report presents unaudited financial information. Figures are in Mexican pesos or US dollars, as indicated. For income statements, peso amounts were translated into dollars using the average exchange rate of the months during which the operations were recorded. For balance sheets, peso amounts were translated into dollars using the end-of-period exchange rate. Financial ratios were calculated in dollars. Due to rounding, small differences may occur when calculating percent changes from one period to another. Conference call information Second Quarter 2018 Conference Call will be held on Thursday, July 19, 2018, 11:30 a.m. Eastern Time (10:30 a.m. Mexico City Time). To participate in the conference call, please dial: Domestic U.S.: (877) ; International: ; Mexico Toll Free: The conference call will be webcast live through streaming audio. If you are unable to participate, the conference call audio and script will be available on website. For more information, please visit investors.nemak.com Forward-looking statements This report may contain certain forwardthat should be considered as good faith estimates made by the company. These forward-looking analysis. Actual results are subject to future events and uncertainties, which could materially impact esults. About Nemak Nemak is a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. The company employs more than 22,000 people at 38 facilities worldwide. In 2017, it generated revenues of US$4.5 billion. For more information about Nemak, visit Three pages of tables to follow July 18,

35 July 18,

36 July 18,

37 July 18,

38 2nd Quarter 2018 San Pedro Garza Garcia, Mexico, July 18, Axtel, S.A.B. de C.V. ( Axtel or the Company ), a Mexican Information and Communications Technology company, announced today its unaudited second quarter results ended June 30, 2018 (1). The complete unaudited second quarter results of Axtel have been filed with the Mexican Stock Exchange and are also available at the Company s website, axtelcorp.mx. YTD 2Q18 1Q18 2Q17 YTD'18 YTD'17 In millions 1Q18 2Q17 Δ% Revenues (Ps.) 3,848 3,753 3,780 3% 2% 7,601 7,463 2% In USD % -2% % EBITDA (Ps.) (5) 1,416 1,379 1,507 3% -6% 2,794 2,684 4% In USD % -10% % Net (loss) Income (Ps.) n.a. n.a ,618-76% In USD n.a. n.a % Capital Expenditures (Ps.) % 22% 1,343 1,499-10% In USD % 17% % Net Debt (In USD) 994 1,015 1,027-2% -3% Net Debt / EBITDA (6) 3.3x 3.3x 4.1x Highlights: v Second-quarter results reflect the execution of Axtel s strategy of providing quality, value-added IT and Telecommunication solutions to its core enterprise and government customers. Core enterprise and government segments, and FTTx massmarket business revenues, recorded a 4% year-over-year growth contributing to a 10% growth in EBITDA, in peso terms. v In the second quarter, Axtel entered into a US$300 million capped-forward transaction to reduce the impact in its intrinsic value from a potential peso depreciation. Also, to partially reduce the Mexican peso interest rate risk, the Company entered an interest rate swap for approximately 55% of its bank loan, fixing the TIIE rate until expiration of the loan. The Company seeks to manage a balance between the mitigation or reduction of foreign exchange and interest rate risks and the impact of these transactions in our cashflow. v In June, Axtel signed a 3-year $50 million-dollar, committed, revolving line of credit to optimize its cash balance, avoid unnecessary negative carry and maintain liquidity access for unforeseen events. v In June, Axtel received Ps. 100 million from the sale of 12 additional towers to American Tower Corporation not previously contemplated in the original 2017 sale agreement. Media Relations: Julio Salinas contacto@axtel.com.mx +52(81) Investor Relations: Nancy Llovera / Patricio Jiménez IR@axtel.com.mx +52(81)

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