Audit Committee

The Audit Committee performs activities to ensure the integrity, reliability, and transparency of our company's financial information. It supports the Board of Directors in the following activities:

1. Reviewing the quarterly and annual financial statements in accordance with accounting, regulatory, internal control and auditing requirements applicable to the Company, as well as reviewing the Company’s accounting policies and principles.
2. Supervising our internal control over financial reporting and establishing risk mitigation and control
3. Recommending the engagement and compensation of the Company’s external audit firm, as well as evaluating and supervising its performance and independence.
4. Reviewing the audit plan and its results, as well as any findings or recommendations.
5. Overseeing the internal audit function.
6. Overseeing compliance, ethics and whistleblower programs, and ensuring that they are aligned with our Code of Ethics.
7. Identifying and following-up on contingencies and legal proceedings.
8. Inform the Board of Directors and shareholders of the findings and activities of the committee.

Composed exclusively of independent directors in accordance with the Mexican Securities Market Law, as well as the U.S. Securities Act of 1933 and the applicable listing standards of the New York Stock Exchange.