Corporate  Bylaws

The Company was incorporated on March 13, 1967. Its current company name, as of March 19, 2006, is ALFA S.A.B. de C.V., and its registered headquarters is located in the municipality of San Pedro Garza García, Nuevo León.

The Company is managed by a Board of Directors which comprises twelve regular members who have no alternates. Of this number, seven are Independent, three are Related Proprietary, one is Independent Proprietary and, lastly, one without a specific classification, for being the CEO of a public limited company in whose board of directors our President participates.

*Information only available in Spanish

Best  Corporate Practices

ALFA works to ensure that the decisions made in pursuit of the company’s strategy are consistent with the highest standards of integrity, transparency, and value generation. ALFA adheres to the Code of Principles and Best Practices of Corporate Governance (known by its Spanish acronym CMPC), which has been in place in Mexico since 2000.

The purpose of the Code is to provide Mexican companies with a series of recommendations that will enable them to make their management performance more efficient and to provide timely and transparent information to their shareholders and creditors, as well as a framework of reference for corporate governance matters, to increase investor confidence in Mexican companies.

*Information only available in Spanish

Official Documents

* Information only available in Spanish

Shareholders Meeting Documents

* Information only available in Spanish

Management Team

AFG

Álvaro Fernández Garza

Chairman & CEO

Joined ALFA in 1991. Bachelor’s degree from Notre Dame University. Master degrees from Tecnológico de Monterrey and MBA from Georgetown University.

RFM

Rodrigo Fernández Martínez

Chief Executive Officer Sigma

Joined ALFA in 1998. Bachelor’s degree from the University of Virginia. Master's degree from Wharton School.

JYC

Jorge Young Cerecedo

Chief Executive Officer Alpek

Joined ALFA in 1990. Bachelor’s degree from Tecnológico de Monterrey. Master's degree from Wharton School.

EEC

Eduardo Alberto Escalante Castillo

CFO and Senior VP of Human Capital ALFA

Joined ALFA in 1981. Bachelor’s degree from Tecnológico de Monterrey. Master's degree from Stanford University.

Board  Committees

To properly perform its duties, the Board of Directors is supported by three committees: A) The Audit Committee, B) The Corporate Practices Committee and C) The Planning and Finance Committee. Each board member participates in at least one of these committees and each committee is chaired by an independent director. The Audit and Corporate Practices Committees are comprised solely of independent directors. The Board meets six times a year to resolve matters within its purview. 

Board of  Directors

María Teresa Arnal (1)

Independent Advisor

ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. More than 25 years of experience in technology companies such as Google, Twitter, and Microsoft.

Diego Calderón Rojas (3)

Chief Executive Officer of Grupo Franca

ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. Member of the Boards of Grupo Franca, FEMSA (substitute), Cámara de Propietarios de Bienes Raíces N.L. (CAPROBI) and ALFA Fundación.

Enrique Castillo Sánchez Mejorada (1A, B)

Chief Executive Officer of Tejocotes 134, S.C.

ALFA Board member since March 2010. Chairman of ALFA’s Audit and Corporate Practices Committees. Member of the Boards of Banco Nacional de México (Banamex), Southern Copper Corporation, Grupo Hérdez, Médica Sur and Grupo Invekra.

Álvaro Fernández Garza (2C)

Chairman of the Board and CEO of ALFA, S.A.B. de C.V.

ALFA Board member since April 2005. Chairman of the Boards of Alpek, Nemak and Controladora Axtel. Co-chair of the Board of Axtel. Member of the Boards of Cydsa, Vitro and The Mexican Business Council.

Armando Garza Sada (3C)

Member of the Board of ALFA

ALFA Board member since April 1990. Member of the Boards of Alpek, Nemak and Controladora Axtel, Axtel, BBVA Mexico, Cemex, Lamosa and Liverpool.

Brenda Garza Sada (3)

Independent Advisor

ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. Member of the International Board of the Harrington Institute.

Claudio X. González Laporte (1B)

Chairman of the Board of Kimberly-Clark de México, S.A. de C.V.

ALFA Board member since December 1987. Member of the Boards of Fondo México, Grupo México and Grupo Carso, Consultant of Fondo Capital and Director Emeritus of General Electric Company.

David Martínez Guzmán (1C)

Founder and Managing Director of Fintech Advisory Inc.

ALFA Board member since March 2010. Member of the Boards of Cemex, ICATEN, Vitro and Banco Sabadell.

Eduardo Padilla Silva (1)

Independent Advisor

ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. Member of the Boards of Grupo Lamosa, Tiendas Coppel, Proeza and Signature Aviation.

Alejandra Palacios Prieto (1)

Independent advisor on business strategy, M&A, and regulatory compliance

ALFA Board Member since May 2024. Member of the Boards of Grupo Aeroportuario del Pacífico, BBVA Mexico, School of Social Sciences and Government of Tecnológico de Monterrey, and International Women’s Forum (IWF), Mexico chapter.

Anthony Pralle (1)

Former Partner and Managing Director of Boston Consulting Group (BCG), Consumer and Operations in Spain

ALFA Board member since March 2025. Sigma Advisory Board Member since April 2022. Member of the Boards of Fremman Capital, Look Cycle, Replika Software, Smile and Learn, and Sherborne Schools Group.

Alejandro Ruiz Fernández (1C)

Independent Advisor

ALFA Board member since March 2025. Sigma Advisory Board Member since April 2022.

Adrián G. Sada Cueva (C)

Chairman of the Board and Chief Executive Officer of Vitro, S.A.B. de C.V.

ALFA Board member since March 2021. Board member of Vitro, Nemak, the Mexican Business Council and Organización Vida Silvestre.

Ricardo Saldívar Escajadillo (1)

Chairman of the Board of Directors of Tecnológico de Monterrey

ALFA Board Member since March 2025. Sigma Advisory Board Member since April 2022. Member of the Boards of FEMSA, Axtel and Grupo Industrial Saltillo. Former President and CEO of The Home Depot Mexico.

Carlos Jiménez Barrera

Secretary of the Board
Keys