IDEAL’s corporate governance is integrated by the Shareholders Assembly as the ultimate body, and within the support, as for the decision making of the Company, of the Board of Directors, the General Direction and the respective Committees. Currently, the enlisted Committees are part of the Company: (i) Audit Committee, (ii) Best Corporate Practices Committee, (iii) Risk and Operations Committee; (iv) Finance and Investments Committee, (v) Human Resources and Compensations Committee; which are integrated as follows:

Board of Directors

Board of Directors and Committees’ integration.

Principal Members

Lic. Marco Antonio Slim Domit – Chairman

Chairman

Bachelor of Business Administration from Universidad Anáhuac, México City.

Born in Mexico City on April 30, 1968.

Since 1997, he has served as Chariman of the Board of Directors of GF Inbursa, in addition of being Advisor of the subsidiaries of such financial group. He also served as General Director of said group until April, 2012.

Member of the Boards of Directors of GCarso. He is also Chairman of the Board of Directors of the “Instituto Carlos Slim de la Salud, A.C.”. He actively participates in the Board of Directors of the Carlos Slim and the Inbursa Foundations.

He has been a member of the company’s Board of Directors since April 2010, holding the Vice presidency of the Board until April 2021, when he was appointed as Chairman.

Ing. Carlos Slim Helú

Civil Engineer from Universidad Nacional Autónoma de México (UNAM), México City.

Born in México City on January 28, 1940.

He is currently the Chairman of the Board of Directors of CICSA. In addition, he serves as Chairman of the Board of Directors of the Carlos Slim Foundation and the Carlos Slim Institute of Education. He has served as Honorary Life Chairman of the Boards of Director of both Telmex and America Movil. Chairman of the Board of Director of Minera Frisco, S.A.B. de C.V. and member of the Boards of Director of Sanborns and Phillip Morris International, Inc.

Regarding the company, he performed as Chairman of the Board of Directors from 2005 to 2012, and is currently serving as Advisor of said corporate body.

Ing. José Shedid Merhy

He is a Civil Engineer from Universidad Nacional Autónoma of Mexico. He has a Master of Science from Stanford University, U.S. He was born in Mexico City on March 18th, 1940.

Mr. Shedid has worked in companies such as Organización de Ingeniería Civil, S.A. de C.V., Constructora Kaley, S.A., and Constructora Mazaryk, S.A.

He has served as a member of multiple companies since 1983 (some of them to date), among which are: Aluminio, S.A., Bicicletas de México, S.A., Gres, S.A., Porcelanite, S.A. de C.V., Inmobiliaria Camexta, S.A., Inmobiliaria Avejal, S.A., Ferrosur, S.A. de C.V. and multiple investment funds managed by Operadora Inbursa.

He is an actual member of the Board of Directors of C.I.C.S.A., Inmuebles Carso, S.A. de C.V., and Minera Frisco, S.A.B. de C.V. He has been a member of the Company’s Board of Directors since 2005.

Ing. Martin Sebastian Berardi

He is an Industrial Engineer from the Technological Institute of Buenos Aires, Argentina.

He has an MBA from Harvard Business School. He was born in Argentina on November 22nd, 1982.

He works as Director of Administration in the CPP Investment’s Infrastructure and Sustainable Energies team in Latin America, where he is responsible for creating, executing, and managing investments in the transportation, public services, energy, water, and telecommunications sectors.

He has been involved in multiple infrastructure investments of CPP in Latin America since 2014, including Transportadora de Gas de Peru, the creation of the joint venture with Votorantim Energia in Brazil (wind and hydroelectric power generation) Igua Saneamiento (Brazil) and the partnership with IDEAL in Mexico.

He is currently a member of the Investor Advisory Committee of Transelec, Chile’s largest electricity transmission company.

Before joining C.P.P. Investments, he worked at Tenaris as an engineer in multiple positions in the Oil and Gas and Steel manufacturing industries.

Sr. Ricardo Szlejf

He has a Bachelor’s in Business Administration from Fundação Getúlio Vargas in São Paulo and a master’s degree in administration from INSEAD (Paris). He was born in Brazil on April 2nd, 1976. He is the Managing Director responsible for leading the Infrastructure activities of CPP Investments in Latin America. He has supervised investments in energy and infrastructure in Brazil, Mexico, Chile, and Peru. Before joining CPP Investments in 2015, he covered the energy and infrastructure segments at Bank of America and Santander for over 20 years. He is currently a member of the boards of directors of CESP and VTRM (in Brazil), Grupo Costanera (in Chile), and IDEAL (in Mexico).

Lic. Alejandro Ortega Aguayo

He was born on May 13th, 1970, in Mexico City. He has a Bachelor of Law from the Instituto Tecnológico Autónomo of Mexico and an M.B.A. from Harvard University. He began his career as a lawyer at Barrera, Siqueiros y Torres Landa (today Hogan Lovells). After his M.B.A., he has worked in investment banking for more than 23 years. First at Donaldson, Lufkin & Jenrette in New York City for five years. In 2002, he returned to Mexico City as Vice President of UBS Investment Bank. For 10 years, he grew the franchise in Mexico, becoming Director of Investment Banking. In 2011, he accepted the position of Director of Investment Banking for Mexico at Morgan Stanley. During his years as an investment banker, he has participated in many of the most relevant equity, debt, mergers, and acquisitions transactions in the Mexican financial market. Since January 2020, he has been an independent advisor to multiple international companies and investment funds in their businesses and assets in Mexico and globally. He participates on several boards of directors of numerous public and private companies. In the philanthropic area, he has participated for many years as a counselor at Christel House Mexico, a school for more than 700 children living in poverty in Mexico City.

Sr. John Elliott Kaye

He has a Bachelor of Business Administration (with Summa Cum Laude, Economics and Finance). He has a Bachelor of Computer Science from Bishop University.

He holds an M.B.A. from the Rotman School of Management and a Certified Financial Analyst (C.F.A.) degree. He completed the O.T.P.P. Private Investment Board Directors Program at the University of Toronto, Rotman School of Management. He was born in Toronto, Canada, on March 18th, 1980.

He works as Director of Administration in the Infrastructure and Natural Resources group of O.T.P.P. (INR).

He is part of the Latin American team responsible for creating, executing, and managing infrastructure investments.

He is currently a member of the boards of directors of IDEAL, Arco Norte, and Pacifico Sur and was previously a member of the boards of Essbio and Esval, Chilean-regulated public water utility companies.

He has experience in multiple public services, transportation, and energy transactions with O.T.P.P. He joined the INR team full-time in 2008 as an Investment Bank Analyst at National Bank Financial.

Kevin David Kerr

He has a Bachelor of Commerce from Carleton University, a Public Accountant by training, a Certified Financial Analyst (C.F.A.), and an ICD.D certification from the Institute of Corporate Directors. He currently works as Senior Director of the Americas division.

He oversees the Ontario Teachers’ Americas portfolio, which includes the North American and Latin American teams.

He was a partner of Bastion Infrastructure Group and Managing Director of OMERS Strategic Investments. In 2020, he rejoined the Ontario Teachers’ Natural Resources and Infrastructure team after 12 years.

He was a founding infrastructure team member, leading creation, execution, and asset management activities in collaboration with all global offices. He is currently a member of the Board of Enwave, G.C.T., and AndesCan.

Lic. Claudia Jañez Sánchez

She has a Bachelor of Law from the Universidad La Salle with a specialization in commercial and financial law from the Universidad Panamericana; she has an M.B.A. from I.P.A.D.E. and a Negotiation Diploma from Harvard Law School. She was born in Mexico on August 4th, 1971. She currently works as an independent member of Grupo Industrial Saltillo, HSBC México, and IDEAL, and she is president of the Executive Council of Global Companies from 2019 to 2021. Until February 28th, 2021, she held the Presidency for Latin America at DuPont; she had a successful career of more than 10 years in that company. She has 25 years of professional experience in multinational companies, in which she held positions of increasing responsibility in the subsidiaries in Mexico of General Electric, Pepsico, and Ford Credit.

Substitute Members

Ing. Alejandro Aboumrad González

He was born on February 26th, 1980. He is an Industrial Engineer from the Anahuac University.

He has worked in subsidiaries and companies related to GCarso for the last 11 years, five of which he worked at Inbursa in ​​Project Evaluation and Risk Assessment.

As of the Company’s incorporation, he served as Director of Project Evaluation, and in 2007, he additionally assumed the functions of Financial Structuring On September 28th, 2009, he was appointed General Director of the Company.

He is a member of the Board of Directors of Inmuebles Carso, S.A. de C.V. and Minera Frisco, S.A.B. de C.V.

He has been a member of the Company’s Board of Directors since April 2012.

Ing. Daniel Díaz Díaz

He is a Civil Engineer from the National Autonomous University of Mexico. He was born on March 17, 1934. In the public sector, he held the position of Undersecretary of Public Works in 1982 and was Secretary of Communications and Transportation from 1984 to 1988. From 1990 to 1997 he was a member of the Governing Board of the National University Autonomous of Mexico. From 1997 to 2000 he served as a federal deputy of the Congress of the Union. Mr. Díaz was General Director of the Mexican Transportation Institute and from 2000 to 2001 he was General Director of Federal Revenue Roads and Bridges and Related Services. From 2002 to 2005, he worked as an Infrastructure Project Advisor for the Fundación del Centro Histórico de la Ciudad de México, A.C., and is currently a member of CICSA’s Board of Directors. He has been a member of the Company’s Board of Directors since 2005 and is currently a substitute member of said corporate body.

Lic. Arturo Elías Slim

He was born in Mexico City on August 28th, 1996, and has been a member of the Company’s Board of Directors since 2017.
He is currently an alternate member of the said corporate body.

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Sr. Roberto Robert-Giron

. He has a Bachelor of Finance (with Summa Cum Laude) from the University of Toronto, and he is a Certified Financial Analyst (C.F.A.). He was born in Toronto, Canada, on July 24th, 1990. He serves as Principal in O.T.P.P.’s Infrastructure and Natural Resources (INR) group. He is part of the Latin American team responsible for creating, executing, and managing infrastructure investments. Roberto joined the INR team in 2020 and was previously a senior manager in the infrastructure M&A team at Deloitte, where he covered infrastructure in North and South America. He joined as an alternate member of the Board of Directors of IDEAL in 2020.

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Board of Directors

Independent

Principal Members

Lic. David Ibarra Muñoz

He has a Bachelor’s in Economics and is a Public Accountant from Universidad Nacional Autónoma of Mexico, where he has also worked as a professor. He has a Ph.D. in economics from Stanford University.

He was born on January 14th, 1930. He served as Director of the Economic Commission for Latin America and the Caribbean (office in Mexico) from 1970 to 1973. He was director of Nacional Financiera from 1976 to 1977.

From 1977 to 1982, he served as Secretary of Finance and Public Credit. In 1982, he was a General Director of the National Bank of Mexico.

From 1983 to 1986, he served as a consultant to the Inter-American Development Bank. From 1987 to 1994, he was an advisor to the General Director of Petróleos Mexicanos.

Since 1983, he has been a consultant to the Economic Commission for Latin America and the Caribbean (CEPAL).

He is a member of the Board of Directors of Inbursa, GCarso, and América Móvil. He has been a member of the Company’s Board of Directors since 2005.

C.P. Ernesto Vega Velasco

He is a Public Accountant from the Instituto Tecnológico Autónomo de México (ITAM). He was born on December 17th, 1937. He has received the Rafael Mancera Ortiz Award for Public Accounting and the highest distinction, “Carreras al Universo,” from I.T.A.M. for his outstanding career in professional performance.

He has served as General Auditor of the Instituto Mexicano del Seguro Social.

He is currently a member of the Board of Directors and collaborates on its Audit and Corporate Practices Committees of América Móvil, Grupo Desc (including Grupo Kuo, S.A.B. de C.V. and Dine, S.A.B. de C.V.), Inmuebles Carso, S.A. de C.V.

He is an alternate member of Industrias Peñoles, S.A.B. de C.V. He has been a member of the Board of Directors of the Company since 2009.

Ing. Juan Rodríguez Torres

He is a Civil Engineer from Universidad Nacional Autónoma of Mexico. He was born in Mexico City on August 5th, 1939. He is a director of Procorp, S.A. de C.V., Sociedad de Inversión de Capitales, Elementia, S.A. de C.V., Fortaleza Materiales, S.A.P.I. de C.V., Grupo Sanborns, S.A.B. de C.V. and Minera Frisco, S.A.B. de C.V.

He has been a member of the Board of Directors of the Company since 2019, and currently is a member of said corporate body.

Lic. Carlos Facha Lara - Secretario (no miembro)

He was born in Mexico City on March 21st, 1972. He has a Bachelor of Law from the Universidad Iberoamericana. He has been an officer, member, and Secretary of the Board of Directors of different subsidiaries and affiliates of Grupo Carso for more than 27 years, including Grupo Financiero Inbursa, Minera Frisco, S.A.B. de C.V., and Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL). Since the incorporation of the Company, he has served as Legal Director and Secretary of the Board of Directors, and as of 2020, as General Legal Director, additionally assuming the area of ​​E.S.G., Communications.

Alternate Members

Ing. Roberto Ruiz Vila (Indistinto)

He was born in Mexico City on December 19th, 1952.He has been a member of the Company’s Board of Directors since 2019.
He is currently an alternate member of the said corporate body.

Audit Committee

Principal Members

Ing. Juan Rodríguez Torres - Chairman

He is a Civil Engineer from Universidad Nacional Autónoma of Mexico. He was born in Mexico City on August 5th, 1939. He is a director of Procorp, S.A. de C.V., Sociedad de Inversión de Capitales, Elementia, S.A. de C.V., Fortaleza Materiales, S.A.P.I. de C.V., Grupo Sanborns, S.A.B. de C.V. and Minera Frisco, S.A.B. de C.V.
He has been a member of the Board of Directors of the Company since 2019, and currently is a member of said corporate body.

C.P. Ernesto Vega Velasco

He is a Public Accountant from the Instituto Tecnológico Autónomo de México (ITAM). He was born on December 17th, 1937. He has received the Rafael Mancera Ortiz Award for Public Accounting and the highest distinction, “Carreras al Universo,” from I.T.A.M. for his outstanding career in professional performance.

He has served as General Auditor of the Instituto Mexicano del Seguro Social.

He is currently a member of the Board of Directors and collaborates on its Audit and Corporate Practices Committees of América Móvil, Grupo Desc (including Grupo Kuo, S.A.B. de C.V. and Dine, S.A.B. de C.V.), Inmuebles Carso, S.A. de C.V.

He is an alternate member of Industrias Peñoles, S.A.B. de C.V. He has been a member of the Board of Directors of the Company since 2009.

Lic. David Ibarra Muñoz

He has a Bachelor’s in Economics and is a Public Accountant from Universidad Nacional Autónoma of Mexico, where he has also worked as a professor. He has a Ph.D. in economics from Stanford University.

He was born on January 14th, 1930. He served as Director of the Economic Commission for Latin America and the Caribbean (office in Mexico) from 1970 to 1973. He was director of Nacional Financiera from 1976 to 1977.

From 1977 to 1982, he served as Secretary of Finance and Public Credit. In 1982, he was a General Director of the National Bank of Mexico.

From 1983 to 1986, he served as a consultant to the Inter-American Development Bank. From 1987 to 1994, he was an advisor to the General Director of Petróleos Mexicanos.

Since 1983, he has been a consultant to the Economic Commission for Latin America and the Caribbean (CEPAL).

He is a member of the Board of Directors of Inbursa, GCarso, and América Móvil. He has been a member of the Company’s Board of Directors since 2005.

Lic. Carlos Facha Lara - Secretario (no miembro)

Graduated in Law from Universidad Iberoamericana, Mexico City.

Born in Mexico City, on March 21, 1972.

He has worked in subsidiaries and companies related to GCarso and Grupo Financiero Inbursa since 1996, of which more than 15 years he worked at Grupo Financiero Inbursa in the international area and in the Legal Department.

Since the incorporation of the Company, he has served as Legal Director and in 2020 he was appinted as General Legal Director, additionally assuming the area of Compliance, Environmental and Right of Way.

Since the incorporation of the Company, he has been its Secretary of the Board of Directors, and previously also from Minera Frisco, SAB de C.V. In the latter, he also served as Legal Director.

He has been Secretary of the Committee since 2005.

Alternate Members

Ing. Roberto Ruiz Vila (Indistinto)

He was born in Mexico City on December 19th, 1952. He has been a member of the Company’s Board of Directors since 2019.
He is currently an alternate member of the said corporate body.

Best Corporate Practices Committee

Principal Members

Ing. Juan Rodríguez Torres - Chairman

He is a Civil Engineer from Universidad Nacional Autónoma of Mexico. He was born in Mexico City on August 5th, 1939. He is a director of Procorp, S.A. de C.V., Sociedad de Inversión de Capitales, Elementia, S.A. de C.V., Fortaleza Materiales, S.A.P.I. de C.V., Grupo Sanborns, S.A.B. de C.V. and Minera Frisco, S.A.B. de C.V.

He has been a member of the Board of Directors of the Company since 2019, and currently is a member of said corporate body.

Lic. David Ibarra Muñoz

He has a Bachelor’s in Economics and is a Public Accountant from Universidad Nacional Autónoma of Mexico, where he has also worked as a professor. He has a Ph.D. in economics from Stanford University.

He was born on January 14th, 1930. He served as Director of the Economic Commission for Latin America and the Caribbean (office in Mexico) from 1970 to 1973. He was director of Nacional Financiera from 1976 to 1977.

From 1977 to 1982, he served as Secretary of Finance and Public Credit. In 1982, he was a General Director of the National Bank of Mexico.

From 1983 to 1986, he served as a consultant to the Inter-American Development Bank. From 1987 to 1994, he was an advisor to the General Director of Petróleos Mexicanos.

Since 1983, he has been a consultant to the Economic Commission for Latin America and the Caribbean (CEPAL).

He is a member of the Board of Directors of Inbursa, GCarso, and América Móvil. He has been a member of the Company’s Board of Directors since 2005.

Lic. Claudia Jañez Sánchez

She has a Bachelor of Law from the Universidad La Salle with a specialization in commercial and financial law from the Universidad Panamericana; she has an M.B.A. from I.P.A.D.E. and a Negotiation Diploma from Harvard Law School. She was born in Mexico on August 4th, 1971. She currently works as an independent member of Grupo Industrial Saltillo, HSBC México, and IDEAL, and she is president of the Executive Council of Global Companies from 2019 to 2021. Until February 28th, 2021, she held the Presidency for Latin America at DuPont; she had a successful career of more than 10 years in that company. She has 25 years of professional experience in multinational companies, in which she held positions of increasing responsibility in the subsidiaries in Mexico of General Electric, Pepsico, and Ford Credit.

Lic. Carlos Facha Lara - Secretario (no miembro)

He was born in Mexico City on March 21st, 1972. He has a Bachelor of Law from the Universidad Iberoamericana. He has been an officer, member, and Secretary of the Board of Directors of different subsidiaries and affiliates of Grupo Carso for more than 27 years, including Grupo Financiero Inbursa, Minera Frisco, S.A.B. de C.V., and Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL). Since the incorporation of the Company, he has served as Legal Director and Secretary of the Board of Directors, and as of 2020, as General Legal Director, additionally assuming the area of ​​E.S.G., Communications.

Alternate Members

Ing. Roberto Ruiz Vila (Indistinto)

He was born in Mexico City on December 19th, 1952. He has been a member of the Company’s Board of Directors since 2019.
He is currently an alternate member of the said corporate body.

Lic. Alejandro Ortega Aguayo

He was born on May 13th, 1970, in Mexico City. He has a Bachelor of Law from the Instituto Tecnológico Autónomo of Mexico and an M.B.A. from Harvard University. He began his career as a lawyer at Barrera, Siqueiros y Torres Landa (today Hogan Lovells). After his M.B.A., he has worked in investment banking for more than 23 years. First at Donaldson, Lufkin & Jenrette in New York City for five years. In 2002, he returned to Mexico City as Vice President of UBS Investment Bank. For 10 years, he grew the franchise in Mexico, becoming Director of Investment Banking. In 2011, he accepted the position of Director of Investment Banking for Mexico at Morgan Stanley. During his years as an investment banker, he has participated in many of the most relevant equity, debt, mergers, and acquisitions transactions in the Mexican financial market. Since January 2020, he has been an independent advisor to multiple international companies and investment funds in their businesses and assets in Mexico and globally. He participates on several boards of directors of numerous public and private companies. In the philanthropic area, he has participated for many years as a counselor at Christel House Mexico, a school for more than 700 children living in poverty in Mexico City.

Risks and Operations Committee

Principal Members

Ing. Alejandro Aboumrad González - Chairman

He was born on February 26th, 1980. He is an Industrial Engineer from the Anahuac University.

He has worked in subsidiaries and companies related to GCarso for the last 11 years, five of which he worked at Inbursa in ​​Project Evaluation and Risk Assessment.

As of the Company’s incorporation, he served as Director of Project Evaluation, and in 2007, he additionally assumed the functions of Financial Structuring On September 28th, 2009, he was appointed General Director of the Company.

He is a member of the Board of Directors of Inmuebles Carso, S.A. de C.V. and Minera Frisco, S.A.B. de C.V.

He has been a member of the Company’s Board of Directors since April 2012.

Sr. John Elliott Kaye

He has a Bachelor of Business Administration (with Summa Cum Laude, Economics and Finance). He has a Bachelor of Computer Science from Bishop University.

He holds an M.B.A. from the Rotman School of Management and a Certified Financial Analyst (C.F.A.) degree. He completed the O.T.P.P. Private Investment Board Directors Program at the University of Toronto, Rotman School of Management. He was born in Toronto, Canada, on March 18th, 1980.

He works as Director of Administration in the Infrastructure and Natural Resources group of O.T.P.P. (INR).

He is part of the Latin American team responsible for creating, executing, and managing infrastructure investments.

He is currently a member of the boards of directors of IDEAL, Arco Norte, and Pacifico Sur and was previously a member of the boards of Essbio and Esval, Chilean-regulated public water utility companies.

He has experience in multiple public services, transportation, and energy transactions with O.T.P.P. He joined the INR team full-time in 2008 as an Investment Bank Analyst at National Bank Financial.

Sr. Martin Sebastian Berardi

He is an Industrial Engineer from the Technological Institute of Buenos Aires, Argentina.

He has an MBA from Harvard Business School. He was born in Argentina on November 22nd, 1982.

He works as Director of Administration in the CPP Investment’s Infrastructure and Sustainable Energies team in Latin America, where he is responsible for creating, executing, and managing investments in the transportation, public services, energy, water, and telecommunications sectors.

He has been involved in multiple infrastructure investments of CPP in Latin America since 2014, including Transportadora de Gas de Peru, the creation of the joint venture with Votorantim Energia in Brazil (wind and hydroelectric power generation) Igua Saneamiento (Brazil) and the partnership with IDEAL in Mexico.

He is currently a member of the Investor Advisory Committee of Transelec, Chile’s largest electricity transmission company.

Before joining C.P.P. Investments, he worked at Tenaris as an engineer in multiple positions in the Oil and Gas and Steel manufacturing industries.

Lic. Carlos Facha Lara - Secretario (no miembro)

He was born in Mexico City on March 21st, 1972. He has a Bachelor of Law from the Universidad Iberoamericana. He has been an officer, member, and Secretary of the Board of Directors of different subsidiaries and affiliates of Grupo Carso for more than 27 years, including Grupo Financiero Inbursa, Minera Frisco, S.A.B. de C.V., and Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL). Since the incorporation of the Company, he has served as Legal Director and Secretary of the Board of Directors, and as of 2020, as General Legal Director, additionally assuming the area of ​​E.S.G., Communications.

Alternate Members

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Kevin David Kerr

He has a Bachelor of Commerce from Carleton University, a Public Accountant by training, a Certified Financial Analyst (C.F.A.), and an ICD.D certification from the Institute of Corporate Directors. He currently works as Senior Director of the Americas division.

He oversees the Ontario Teachers’ Americas portfolio, which includes the North American and Latin American teams.

He was a partner of Bastion Infrastructure Group and Managing Director of OMERS Strategic Investments. In 2020, he rejoined the Ontario Teachers’ Natural Resources and Infrastructure team after 12 years.

He was a founding infrastructure team member, leading creation, execution, and asset management activities in collaboration with all global offices. He is currently a member of the Board of Enwave, G.C.T., and AndesCan.

Sr. Ricardo Szlejf

He has a Bachelor’s in Business Administration from Fundação Getúlio Vargas in São Paulo and a master’s degree in administration from INSEAD (Paris). He was born in Brazil on April 2nd, 1976. He is the Managing Director responsible for leading the Infrastructure activities of CPP Investments in Latin America. He has supervised investments in energy and infrastructure in Brazil, Mexico, Chile, and Peru. Before joining CPP Investments in 2015, he covered the energy and infrastructure segments at Bank of America and Santander for over 20 years. He is currently a member of the boards of directors of CESP and VTRM (in Brazil), Grupo Costanera (in Chile), and IDEAL (in Mexico).

Investment and Finance Committee

Principal Members

Ing. Alejandro Aboumrad González - Chairman

He was born on February 26th, 1980. He is an Industrial Engineer from the Anahuac University.

He has worked in subsidiaries and companies related to GCarso for the last 11 years, five of which he worked at Inbursa in ​​Project Evaluation and Risk Assessment.

As of the Company’s incorporation, he served as Director of Project Evaluation, and in 2007, he additionally assumed the functions of Financial Structuring On September 28th, 2009, he was appointed General Director of the Company.

He is a member of the Board of Directors of Inmuebles Carso, S.A. de C.V. and Minera Frisco, S.A.B. de C.V.

He has been a member of the Company’s Board of Directors since April 2012.

Sr. John Elliott Kaye

He has a Bachelor of Business Administration (with Summa Cum Laude, Economics and Finance). He has a Bachelor of Computer Science from Bishop University.

He holds an M.B.A. from the Rotman School of Management and a Certified Financial Analyst (C.F.A.) degree. He completed the O.T.P.P. Private Investment Board Directors Program at the University of Toronto, Rotman School of Management. He was born in Toronto, Canada, on March 18th, 1980.

He works as Director of Administration in the Infrastructure and Natural Resources group of O.T.P.P. (INR).

He is part of the Latin American team responsible for creating, executing, and managing infrastructure investments.

He is currently a member of the boards of directors of IDEAL, Arco Norte, and Pacifico Sur and was previously a member of the boards of Essbio and Esval, Chilean-regulated public water utility companies.

He has experience in multiple public services, transportation, and energy transactions with O.T.P.P. He joined the INR team full-time in 2008 as an Investment Bank Analyst at National Bank Financial.

Sr. Martin Sebastian Berardi

He is an Industrial Engineer from the Technological Institute of Buenos Aires, Argentina.

He has an MBA from Harvard Business School. He was born in Argentina on November 22nd, 1982.

He works as Director of Administration in the CPP Investment’s Infrastructure and Sustainable Energies team in Latin America, where he is responsible for creating, executing, and managing investments in the transportation, public services, energy, water, and telecommunications sectors.

He has been involved in multiple infrastructure investments of CPP in Latin America since 2014, including Transportadora de Gas de Peru, the creation of the joint venture with Votorantim Energia in Brazil (wind and hydroelectric power generation) Igua Saneamiento (Brazil) and the partnership with IDEAL in Mexico.

He is currently a member of the Investor Advisory Committee of Transelec, Chile’s largest electricity transmission company.

Before joining C.P.P. Investments, he worked at Tenaris as an engineer in multiple positions in the Oil and Gas and Steel manufacturing industries.

Lic. Carlos Facha Lara - Secretario (no miembro)

He was born in Mexico City on March 21st, 1972. He has a Bachelor of Law from the Universidad Iberoamericana. He has been an officer, member, and Secretary of the Board of Directors of different subsidiaries and affiliates of Grupo Carso for more than 27 years, including Grupo Financiero Inbursa, Minera Frisco, S.A.B. de C.V., and Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL). Since the incorporation of the Company, he has served as Legal Director and Secretary of the Board of Directors, and as of 2020, as General Legal Director, additionally assuming the area of ​​E.S.G., Communications.

Alternate Members

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Kevin David Kerr

He has a Bachelor of Commerce from Carleton University, a Public Accountant by training, a Certified Financial Analyst (C.F.A.), and an ICD.D certification from the Institute of Corporate Directors. He currently works as Senior Director of the Americas division.

He oversees the Ontario Teachers’ Americas portfolio, which includes the North American and Latin American teams.

He was a partner of Bastion Infrastructure Group and Managing Director of OMERS Strategic Investments. In 2020, he rejoined the Ontario Teachers’ Natural Resources and Infrastructure team after 12 years.

He was a founding infrastructure team member, leading creation, execution, and asset management activities in collaboration with all global offices. He is currently a member of the Board of Enwave, G.C.T., and AndesCan.

Sr. Ricardo Szlejf

He has a Bachelor’s in Business Administration from Fundação Getúlio Vargas in São Paulo and a master’s degree in administration from INSEAD (Paris). He was born in Brazil on April 2nd, 1976. He is the Managing Director responsible for leading the Infrastructure activities of CPP Investments in Latin America. He has supervised investments in energy and infrastructure in Brazil, Mexico, Chile, and Peru. Before joining CPP Investments in 2015, he covered the energy and infrastructure segments at Bank of America and Santander for over 20 years. He is currently a member of the boards of directors of CESP and VTRM (in Brazil), Grupo Costanera (in Chile), and IDEAL (in Mexico).

Human Resources and Compensations Committee

Principal Members

Ing. Alejandro Aboumrad González - Chairman

He was born on February 26th, 1980. He is an Industrial Engineer from the Anahuac University. He has worked in subsidiaries and companies related to GCarso for the last 11 years, five of which he worked at Inbursa in ​​Project Evaluation and Risk Assessment.

As of the Company’s incorporation, he served as Director of Project Evaluation, and in 2007, he additionally assumed the functions of Financial Structuring On September 28th, 2009, he was appointed General Director of the Company.

He is a member of the Board of Directors of Inmuebles Carso, S.A. de C.V. and Minera Frisco, S.A.B. de C.V. He has been a member of the Company’s Board of Directors since April 2012.

Sr. John Elliott Kaye

He has a Bachelor of Business Administration (with Summa Cum Laude, Economics and Finance). He has a Bachelor of Computer Science from Bishop University.

He holds an M.B.A. from the Rotman School of Management and a Certified Financial Analyst (C.F.A.) degree. He completed the O.T.P.P. Private Investment Board Directors Program at the University of Toronto, Rotman School of Management. He was born in Toronto, Canada, on March 18th, 1980.

He works as Director of Administration in the Infrastructure and Natural Resources group of O.T.P.P. (INR).

He is part of the Latin American team responsible for creating, executing, and managing infrastructure investments.

He is currently a member of the boards of directors of IDEAL, Arco Norte, and Pacifico Sur and was previously a member of the boards of Essbio and Esval, Chilean-regulated public water utility companies.

He has experience in multiple public services, transportation, and energy transactions with O.T.P.P. He joined the INR team full-time in 2008 as an Investment Bank Analyst at National Bank Financial.

Sr. Martin Sebastian Berardi

He is an Industrial Engineer from the Technological Institute of Buenos Aires, Argentina.

He has an MBA from Harvard Business School. He was born in Argentina on November 22nd, 1982.

He works as Director of Administration in the CPP Investment’s Infrastructure and Sustainable Energies team in Latin America, where he is responsible for creating, executing, and managing investments in the transportation, public services, energy, water, and telecommunications sectors.

He has been involved in multiple infrastructure investments of CPP in Latin America since 2014, including Transportadora de Gas de Peru, the creation of the joint venture with Votorantim Energia in Brazil (wind and hydroelectric power generation) Igua Saneamiento (Brazil) and the partnership with IDEAL in Mexico.

He is currently a member of the Investor Advisory Committee of Transelec, Chile’s largest electricity transmission company.

Before joining C.P.P. Investments, he worked at Tenaris as an engineer in multiple positions in the Oil and Gas and Steel manufacturing industries.

Lic. Carlos Facha Lara - Secretario (no miembro)

He was born in Mexico City on March 21st, 1972. He has a Bachelor of Law from the Universidad Iberoamericana. He has been an officer, member, and Secretary of the Board of Directors of different subsidiaries and affiliates of Grupo Carso for more than 27 years, including Grupo Financiero Inbursa, Minera Frisco, S.A.B. de C.V., and Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL). Since the incorporation of the Company, he has served as Legal Director and Secretary of the Board of Directors, and as of 2020, as General Legal Director, additionally assuming the area of ​​E.S.G., Communications.

Alternate Members

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Kevin David Kerr

He has a Bachelor of Commerce from Carleton University, a Public Accountant by training, a Certified Financial Analyst (C.F.A.), and an ICD.D certification from the Institute of Corporate Directors. He currently works as Senior Director of the Americas division.

He oversees the Ontario Teachers’ Americas portfolio, which includes the North American and Latin American teams.

He was a partner of Bastion Infrastructure Group and Managing Director of OMERS Strategic Investments. In 2020, he rejoined the Ontario Teachers’ Natural Resources and Infrastructure team after 12 years.

He was a founding infrastructure team member, leading creation, execution, and asset management activities in collaboration with all global offices. He is currently a member of the Board of Enwave, G.C.T., and AndesCan.

Sr. Ricardo Szlejf

He has a Bachelor’s in Business Administration from Fundação Getúlio Vargas in São Paulo and a master’s degree in administration from INSEAD (Paris). He was born in Brazil on April 2nd, 1976. He is the Managing Director responsible for leading the Infrastructure activities of CPP Investments in Latin America. He has supervised investments in energy and infrastructure in Brazil, Mexico, Chile, and Peru. Before joining CPP Investments in 2015, he covered the energy and infrastructure segments at Bank of America and Santander for over 20 years. He is currently a member of the boards of directors of CESP and VTRM (in Brazil), Grupo Costanera (in Chile), and IDEAL (in Mexico).

Compliance Framework

1. Compliance Framework

The present document sets the compliance framework applicable to Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V.

2. Code of Conduct

Its purpose is to provide guidelines on what is considered an acceptable and appropriate behavior within the work environment and in business conduct with or on behalf of IDEAL. Everyone should behave with confidence and act with honesty and integrity.

3. Complainants Framework

The duty and key element of all IDEAL directors, officers, employees, and third parties to report, in good faith, any reasonable suspicion of inappropriate behavior, acts of corruption, or any other breach of the law or the Code of Conduct. This framework provides procedures by which such reports can be made.

4. Anti-corruption and Anti-bribery Policy

Designed to promote IDEAL’s compliance with all applicable anti-corruption laws. These laws prohibit the direct or indirect offer, authorization, promise, acceptance, or reception of a bribe or improper payment in exchange for commercial advantage.

Línea Transparente

Is an assistance line operated by an independent company. Any related part of IDEAL may use it to report or seek guidance regarding any alleged inappropriate behavior.

6. Environment and sustainable development

COMMITMENT TO SUSTAINABILITY

We are a company firmly committed to sustainability. Each of the actions carried out in our four business sectors are aimed at having the best impacts in social, environmental and economic matters.

 

Sustainability Policy

Establishes commitments and actions under which IDEAL works to achieve the United Nations Sustainable Development Goals (SDGs), formed within its Sustainability Strategy.
Likewise, it satisfies the general objectives of the company, which reforces that all the areas join this joint work initiative.

Certifications and Awards

• (ISO 9001:2015) Quality
• (ISO 14001:2015) Environmental
• Health and security at work (ISO 45001:2018)
The ISO Certification is a procedure where an accredited certifying organism verifies the organization compliance with all technical requirements. With the purpose to allow organizations to significantly improve their service, performance, and customer satisfaction.