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Sustainability Commitment and Strategic Framework

As ALFA manages a portfolio of businesses in different sectors, it is committed to developing the Business Units’
capabilities to respond to sustainability challenges, generate a positive impact on society, and ensure long-term growth.

Each Business Unit, based on its sector, determines its material issues, goals to be met, as well as the initiatives and programs to be integrated into their business strategies. They also have specialized teams within their organizations for internal management, evaluation, and reporting.

Sustainability   Model

ALFA is committed to being a socially responsible company through its sustainability model
based on and supported by the company’s values. The model centers around four pillars:

Internal Wellness

Provide health, safety, and whole-person development opportunities for employees.

COMMUNITY

Being responsible citizens that generate a positive impact and promote the development of the communities we are a part of.

ENVIRONMENT

An ongoing objective is reducing emissions to minimize the environmental footprint of our operations.

Economics

Obtain an adequate return on the business for shareholders, considering the investment and the risk assumed.

Materiality and Goals

ALFA and its Business Units perform a materiality analysis that meets the Global Reporting Initiative (GRI) standards and the standards of their specific sectors. The results allow us to adapt our programs and strengthen our sustainability management by better understanding the trends and expectations of our stakeholders, as well as complying with reporting standards such as SASB and TCFD, among others.

Relevant sustainability topics related to the “Unlocking Value” business strategy, from the last review conducted in 2021-2022:

1. ESG strategy and risk management
2. Corporate governance with a sustainable approach
3. Transparency, veracity and relationship with investors
4. Human rights, diversity, equity and inclusion

5. Social impact 6. Climate change strategy: energy efficiency and emissions 7. Well-being, safety and development of employees 8. Circularity approach

9. Water management
10. Involvement with the value chain
11. Innovation

1. ESG strategy and risk management
2. Corporate governance with a sustainable approach
3. Transparency, reliability, and investor relations
4. Human rights, Diversity, Equity, and Inclusion (DEI)

5. Social impact
6. Climate change strategy: energy efficiency and emissions
7. Employee well-being, safety, and development

8. Circularity approach
9. Water management
10. Value chain involvement
11. Innovation

Materiality and Goals of Business Units

As the Business Units operate in different sectors, each has defined its own materiality analysis showing the most
relevant issues by sector.

All three Business Units conducted updates to their material issues between 2020 and 2021, following similar processes
that included:

In addition, the Business Units have worked on a series of ambitious strategic goals that define the direction of our
efforts and reiterate our commitment to sustainability. Below is a summary of these goals:

Reports and Relevant Documents

ALFA shares reports and documents with information on initiatives and the progress of sustainability issues
throughout the organization.

ESG  Performance

Results from ALFA and its Business Units’ main ESG indices and reporting methodologies.

Indices and ESG Questionnaires
ALFA
Sigma
Alpek
S&P/BMV
Within index
Within index
S&P CSA
37
42
59
CDP Climate change/Water
B/B
B/B
B/B-
MSCI
BB
BB
Global Compact
Timely response provided
Timely response provided

Areas of focus