The Audit Committee is responsible for overseeing that the financial and operational information reflects the reality of the company, for which it relies on the external auditor, internal audit systems, and reports prepared by management. Based on these foundations, it prepares an annual report that is presented to the Board of Directors and the Shareholders' Meeting, which includes topics related to our control systems, internal procedures, the performance of the external auditor, and any failures in them.

The Committee is composed of independent Directors and evaluates external auditors, as well as the results that derive from their review.

PRESIDENT:

Luis Javier Solloa Hernández (Chairman)

MEMBERS:

Stephen B. Williams (Member)

Viviana Belaunzarán Barrera (Member)

José Manuel Domínguez Díaz Ceballos (Member)

Lorenzo Manuel Berho Corona (Permanent Guest)

TOPICS DISCUSSED:

Financial statements, external auditor, notes to financial statements, accounting practices.

The Corporate Practices Committee aims to review the company's administrative policies and possible conflicts of interest, with special emphasis on the remuneration of our employees. The Committee prepares an annual opinion addressed to the Board of Directors and the Shareholders' Meeting, regarding the performance of our officers, as well as their compensation.

In addition, it is responsible for reporting transactions entered into with related parties, soliciting opinions from independent experts, and assisting the Board of Directors in preparing reports for the Annual Shareholders' Meeting.

PRESIDENT:

Francisco Javier Mancera de Arrigunaga (Chairman)

MEMBERS:

José Guillermo Zozaya Délano (Member)

José Antonio Pujals Fuentes (Member)

Óscar Francisco Cázares Elías (Member)

Lorenzo Manuel Berho Corona (Permanent Guest)

TOPICS DISCUSSED:

Compensation plans, evaluations of relevant executives, and specific issues related to relevant executives.

evaluaciones de ejecutivos relevantes y temas específicos relacionados con ejecutivos relevantes.

The Investment Committee is responsible for evaluating, analyzing, and, if applicable, authorizing Vesta's major investments, as well as approving financing for such projects. 

It also ensures that the internal rate of return of the projects is in accordance with evaluation models previously agreed upon by the Board of Directors.

CHAIRMAN:

Douglas M. Arthur (Chairman)

MEMBERS:

Stephen B. Williams (Independent Director)

Lorenzo Manuel Berho Corona (Member)

Craig Wieland (Member)

Manuela Molina Peralta (Member)

TOPICS DISCUSSED:

Project analysis and investment approval

The Ethics Committee is responsible for receiving and processing any complaints or reports related to the application of the company's Code of Ethics, or any violations of the organization's rules or stakeholders' interests. It is responsible for implementing changes to ensure a constantly updated Code. 

At Vesta, we encourage our employees and stakeholders to report any alleged violations of ethics, regulations, or corporate governance through our formal, open, and confidential complaint system: [email protected]. 

All reports receive formal treatment through the Ethics Committee, where they are analyzed, and if applicable, recommendations are made to the administration before the case is closed. The process is carried out with total confidentiality.

CHAIRMAN:

José Antonio Pujals Fuentes (Chairman)

MEMBERS:

Elías Laniado Laborín (Member)

Alejandro Pucheu Romero (Member)

Alfredo Paredes Calderón (Member)

Daniela Berho Carranza (Member)

TOPICS DISCUSSED:

Update of the Code of Ethics and Conduct and complaints

The ESG Committee is responsible for developing the company's strategy, as well as developing and implementing the environmental and social policy. It approves and presents an annual report to the Board of Directors, which includes a summary of activities and the degree of compliance of the projects regarding the company's environmental and social responsibility policies.

CHAIRMAN:

Jorge Alberto de Jesús Delgado Herrera (Chairman)

MEMBERS:

José Manuel Domínguez Díaz Ceballos (Member)

Daniela Berho Carranza (Member)

Lorenzo Manuel Berho Corona (Member)

Loreanne Helena García Ottati (Member)

TOPICS DISCUSSED:

Approval of the Environmental Policy and Sustainability Requirements for Vesta's Suppliers.