corporate

corporate

Board of
direc
tors

FUNCTIONS

The Board of Directors is KUO’s highest management body. It is composed by 14 members, 8 of which are independent, and is assisted in the performance of its activities by an Audit Committee and a Corporate Practices Committee.


The members of the Board and Committees are appointed by the Shareholders’ Meeting for a term of one year, with the possibility of unlimited ratification, and have been proposed and elected as honorable persons with extensive experience in the industry, and free of conflicts of interest.

In compliance with the Company’s Bylaws, its main responsibilities include:

  • Establishing the Company’s strategic vision and following up on its fulfillment
  • Monitoring the performance of relevant executives
  • Evaluating risk management processes, in economic, environmental and social issues
  • Submission of an Annual Report on the Group’s performance to the Shareholders’ Meeting for review and approval
  • Enabling mechanisms and channels for communication with stakeholders, who are informed about the Group’s overall performance

Fernando Senderos Mestre

Related member
Executive President and Chairman
of the Board of Grupo KUO and DINE


Javier Arrigunaga Gómez del Campo

Independent Member
Chairman of the Board of Grupo Aeroméxico
and Investment Advisor


Alberto Baillères González

Independent Member
Executive President and Chairman
of the Board of Bal Group


José Manuel Canal Hernando

Independent Member
Independent Member, Commissioner and Advisor on Corporate Governance


Arturo D’Acosta Ruiz

Independent Member
CFO at Corporación Actinver

Alejandro de la Barreda Gómez

Related member
CEO of Grupo KUO and DINE


Valentín Díez Morodo

Independent Member
President of Nevadi International Group


Arturo Elías Ayub

Independent Member
Director of Strategic Alliances and
Contents of América Móvil


Federico Fernández Senderos

Related member
Chairman of Grupo Sim and
Independent Member of Grupo Chedraui


Carlos Gómez y Gómez

Related member
Chairman of the Board
of Directors of Estudia Más


Ernesto Mariano Hernández Quiroz

Independent Member
Business Independent Member


Prudencio López Martínez

Independent Member
Chairman of ther
Board of Sanvica


Víctor Rivero Martín

Independent Member
Managing Director of Telehotel


Ernesto Vega Velasco

Independent Member
Business Independent Member


Ramón F. Estrada Rivero

Board Secretary
Deputy Managing Director of
Grupo KUO and DINE

Audit
Committee
José Manuel Canal Hernando
President

Arturo D’Acosta Ruiz
Independent Member

Ernesto Vega Velasco
Independent Member

Ramón F. Estrada Rivero
Secretary

This committee meets quarterly and holds an additional session in December of each year. Among its main functions are:


  • Helping the Board of Directors in the determination, implementation and evaluation of the Company’s internal control and internal audit system, as well as following up on the main risks to which the Company is exposed.
  • Examining and proposing accounting policies and financial statements for the approval of the Board of Directors.
  • Verifying the administration and management of the company and implementing the resolutions adopted by the General Shareholders’ Meeting.
  • roposing the hiring of the legal entity that provides external auditing services, discussing the observations and findings detected by the External Auditor in the financial statements, as well as proposing the necessary actions for their remediation.
Corporate
Practices
Committee
Valentín Díez Morodo
President

Ernesto Vega Velasco
Independent Member

Víctor Rivero Martín
Independent Member

Ramón F. Estrada Rivero
Secretary

This committee meets every quarter and its main functions include the following:


  • Appointing, electing, removing and compensating the Chief Executive Officer, as well as approving the policies for appointing and compensating relevant executives.
  • Providing its opinion to the Board of Directors on relevant transactions and transactions with related parties.
  • Calling shareholders’ meetings and having the items they deem pertinent included in the agenda.
  • Supporting the Board in the preparation of reports (annual and activity and operations reports).

Los comités están
compuestos en su
totalidad por
miembros
independientes

Los comités están compuestos en su totalidad por miembros independientes

Management
Team
Fernando Senderos Mestre
Executive President and Chairman
of the Board of Directors

Alejandro De La Barreda Gómez
Chief Executive Officer

Ramón F. Estrada Rivero
General Deputy Director and Legal Affairs Director

Roger Patrón González
General Deputy Director and Aftermaket Director

Jorge F. Padilla Ezeta
Director of Finance and Planning
Claudio Ángel Freixes Catalán
Pork Meat Director

Héctor Hernández-Pons Torres
Herdez Del Fuerte Director

Antonio Herrera Rivera
Transmissions Director

Sergio Paredes Castañeda
Polymers Director

Felipe De Jesús Varela Hernández
Synthetic Rubber Director