Parques industriales en México

Committe

+ AUDIT COMMITTE - AUDIT COMMITTE

Supervises the COMPANY’S financial and operating information. The committee is required to prepare an annual report to be submitted to THE Board of Directors, THAT INCLUDES ALL PERTINENT INFORMATION REFERRING TO internal control systems and internal audit procedures, AN ASSESSMENT of external auditors, the OPINION ON THE financial statements, and amendments to the accounting policies. Members of the committee are ALL independent DIRECTORS.

CHAIRMAN:
Luis Javier Solloa Hernández (Independent member)

MEMBER:
Stephen B. Williams (Independent member)
José Humberto López Niederer (Independent member)
José Manuel Domínguez Díaz Ceballos (Independent member)

Lorenzo Manuel Berho Corona (Permanent Invitee)

ISSUES DISCUSSED:
Financial statements, external auditor, notes to financial statements, and accounting practices
+ CORPORATE PRACTICES - CORPORATE PRACTICES

Responsible for providing its opinion to the Board of Directors about the performance of our key executives and their compensation schemes. The committee makes an annual report on the executives’ annual performance evaluations that is submitted to the Board of Directors and the Shareholders Meeting.

CHAIRMAN:

Javier Mancera Arrigunaga (Independent member)

MEMBER:

Stephen B. Williams (Independent member)

José Antonio Pujals Fuentes (Independent member)

Oscar Francisco Cázares Elías (Independent member)

Lorenzo Manuel Berho Corona (Permanent Invitee)

ISSUES DISCUSSED:

Compensation schemes, executive performance evaluations
+ INVESTMENT COMMITTEE - INVESTMENT COMMITTEE

Established as a permanent committee in order to analyze, assess, approve, and monitor all investments, to ensure that the internal rate of return of every project is in line with the assessment models approved by the Board of Directors. The committee submits an annual report to the Board of Directors.

CHAIRMAN:

John Andrew Foster (Independent member)

MEMBER:

Stephen B. Williams (Independent member)

Lorenzo Manuel Berho Corona (Chairman of the Board)

Craig Wieland (Independent member)

Thomas J. McDonald (Patrimonal member)

ISSUES DISCUSSED:

Project assessments and investment approval
+ ETHICS COMMITTEE - ETHICS COMMITTEE

This committee fosters moral behavior and strengthens an ethical organizational culture, providing guidance and advice to employees. It processes complaints and recommends actions to the CEO and/or Board of Directors when applicable. This ensures all incidents are investigated and followed through.

"At Vesta we encourage our employees and stakeholders to report any violation to our Code of Ethics, norms or corporate governance through our formal and confidential whistle-blowing system: etica@vesta.com.mx. All reports received are handled by means of our formal process: The Ethics Committee receives and analyzes them, and then makes a recommendation. This is a confidential process."

CHAIRMAN:

José Antonio Pujals Fuentes (Independent member)

MEMBER:

Elías Laniado Laborín (Regional Director)

Alejandro Pucheu Romero (General Counsel)

Alfredo Paredes Calderón (Director)

Lorenzo Manuel Berho Corona (Chairman of the board)

ISSUES DISCUSSED:

Evaluate ethical concerns and behaviors
+ SOCIAL RESPONSIBILITY AND ENVIRONMENTAL COMMITTEE

SOCIAL RESPONSIBILITY AND ENVIRONMENTAL COMMITTEE

Responsible for determining the sustainability strategy, verifying compliance, and assessing the company’s performance on social responsibility and environmental impact. The committee submits an annual report to the Board of Directors.

CHAIRMAN:

Jorge Alberto de Jesús Delgado Herrera (Independent member)

MEMBER:

José Manuel Domínguez Díaz Ceballos (Independent member)

Daniela Berho Carranza (Patrimonal member)

Lorenzo Manuel Berho Corona (Chairman of the Board)

ISSUES DISCUSSED:

Monitor the environmental and social policy, as well as the sustainability strategy
+ DEBT AND EQUITY COMMITTE - DEBT AND EQUITY COMMITTE

CHAIRMAN:

Jose Manuel Domínguez Díaz Ceballos (Independent member)

MEMBERS:

Stephen B. Williams (Independent member)

John Andrew Foster (Independent member)

Lorenzo Manuel Berho Corona (Chairman of the Board)

Wilfrido Castillo Sánchez Mejorada (Independent member)

ISSUES DISCUSSED:

Market analysis, general strategy and financing policies, financial growth, recommendations on the capital and debt strategy.