Governance

Our Board of Directors¹ is in charge of managing and guiding the business while overseeing fulfillment of the Vesta Level 3 Strategy and our commitment to ESG matters, safeguarding the interests of our investors, shareholders, tenants, employees, suppliers and communities.

1. For more information about our Board of Directors and corporate governance, visit:
https://vesta.com.mx/en/consejo-de-administracion

All of these have experience in:

Board members are selected as established in the Mexican Securities Market Act, Vesta’s bylaws and our Code of Ethics. They are also required to be free of any personal or economic interests.

The average seniority of current Board members is 9 years.

Vesta’s Board of Directors is supported by six committees:

Except for the Audit Committee and the Corporate Practices Committee, both of which are made up entirely of independent members, each committee consists of Vesta officers and at least one independent board member.

The Chairman of the Board and our Chief Executive Officer participate actively in committee meetings.

Physical risk matrix

Identifies the assets most exposed to or at risk of adverse climate and physical events²

12%

of our portfolio is located in areas at high risk of adverse weather events.

64%

has a medium level of exposure.

Human Rights

We promote and practice respect for the human rights and basic freedoms of our employees, suppliers, clients and communities.

By putting our Policy on Human Rights into practice, we minimize the risk of violating these rights in any sphere of activity and with any stakeholder group.

2022

First human rights risk analysis through a global due diligence process in accordance with OECD directives and international recommendations.

The result was a set of proposals on proactive risk prevention and the development of information to address the concerns of investors, rating agencies and other stakeholders.

2. Risk is understood as the likelihood of occurrence of undesired damages or effects, while exposure is the number of sites in that damage zone and which are susceptible to it.