This section lists the Directors Board members such as proprietaries or independents.

The Directors Board is conformed by president: Oscar Eugenio Baeza Fares, vicepresident: Guillermo Baeza Fares and secretary: Raúl de la Paz Parga.

Propietary advisors: Eugenio Baeza Montes, Jorge Alberto Baeza Fares, Walter Eldo Burr Bareño, Walter Eldo Burr Valenzuela.

Independent advisors: Alfonso Rodriguez Arellano, Oscar Sepulveda Marquez, Javier Leonardo Webb Moreno, Oscar Francisco Cazares Elias, Carlos Antonio Carbajal Lechuga, Salvador Alvarez Valdes, Ricardo Davila Quiñones, Alfonso Orozco Martinez, Herminio Padruno Santos, Gabriela Eugenia Sepúlveda Elizondo.

Lic. Oscar Eugenio Baeza Fares

Chairman of the Directors board and General Director of Grupo Bafar. He has a degree in Business Administration, graduated from the University of Las Cruces, New Mexico and has a postgraduate degree from Harvard Business School. He is chairman of the board of directors, general manager and founding partner of Grupo Bafar. He has been in charge of the company since its beginnig in 1983 and participates in various committees such as the Mexican Meat Council, CANACINTRA Chihuahua Delegation, member of the National Association of Packers TIF and the National Agricultural Council. He is also a director of the “Food Group” and the Mexican Council of the Consumer Products Industry, called “Conméxico” as well as a director of the Business Coordinating Council. Likewise, he participates in the board of various organizations such as NAFIN, ITESM, Banamex, Telmex and BBVA Bancomer. He served as municipal president of the city of Chihuahua. He is recognized as one of the 100 most important businessmen in Mexico and one of the most prominent leaders in Mexico according to various publications.

C.P. Guillermo Enrique Baeza Fares

He is a Public Accountant from Instituto Tecnológico y de Estudios Superiores de Monterrey (Monterrey campus) and has a postgraduate degree from Harvard Business School. He is vice president of the directors board and currently director of mergers, acquisitions and alliances of Grupo Bafar. For more than 30 years within Grupo Bafar, he has held various management positions, being a pioneer in the development of products, markets and brands for cold meats and cheeses in the Mexican market. He has been a leader and key player in the acquisition of several companies such as Grupo Burr in the Pacific, Parma, Sabori and Campestre brands of the multinational Nestlé, Ponderosa cold meats in the northeast and Zagora stores in Puebla.

Lic. Raúl De la Paz Parga

Secretario del Consejo de Administración y Director Jurídico de Grupo Bafar, S.A.B. de C.V., obtuvo su título de Licenciado en Derecho por la Facultad Libre de Derecho de Monterrey, A. C. en el año 2004, y su Maestría en Derecho (LL.M.) de Northwestern Pritzker School of Law en el año 2012; en ese mismo año obtuvo el Certificado en Administración de Empresas por Northwestern University Kellogg School of Management. He is Vice President of the Council of the National Association of Business Lawyers, Chihuahua Section (ANADE), Vice President Counselor of the National Chamber of Commerce, Services and Tourism of Chihuahua (CANACO), and Alternate Counselor of the Chamber of Real Estate Owners (CAPRIN).

Mr. Eugenio Baeza Montes

Proprietary advisor of the Directors Board, as well as rancher who owns several properties in the State of Chihuahua. He is a Livestock Technician graduated from San Angelo College in the State of Texas, USA. For more than 55 years he has been dedicated to raising and fattening cattle and has served on several occasions on the Board of Directors of Banca Serfín, the Regional Livestock Union of Chihuahua, the Brangus Association, as well as various companies.

Lic. Jorge Alberto Baeza Fares

He is a graduate of the University of Las Cruces, New Mexico, also has a postgraduate degree from Harvard Business School, is a Proprietary advisor of the Board of Directors and General Director of Bafar Alimentos. With more than 20 years of professional experience in the agricultural and commercial sector, Lic. Baeza began his career within Grupo Bafar in the group’s livestock division, significantly developing the fattening and export of live cattle to the United States. Likewise, he was the generator of the agricultural division with the sowing of oats, alfalfa, corn and the most relevant being the cultivation of walnuts, directing Grupo Bafar to become one of the main walnut growers in the state of Chihuahua. During his career in the retail division, he has managed to position the Carnemart brand as one of the fastest growing meat and convenience stores in the country, achieving a unique solution model for the institutional client. The coverage of Carnemart stores has managed to position itself from a regional brand to a chain with a national presence, being an important member of ANTAD.

Mr. Walter Eldo Burr Bareño

Proprietary advisor of the Board of Directors of Grupo Bafar. He was Chairman of the Board of Directors and CEO of Grupo Burr for more than 21 years.

Lic. Walter Burr Valenzuela

He has a degree in Marketing from Instituto Tecnológico y de Estudios Superiores de Monterrey (Monterrey Campus). He has Postgraduate studies in Total Quality and Productivity at Universidad de La Salle and has a Postgraduate degree in GMP from Harvard Business School. He has worked for 23 years in different directions within Grupo Bafar and Grupo Burr.

Alfonso Rodríguez Arellano

Proprietary and Independent advisor of the Board of Directors. General Director of Power Green de México, a subsidiary of the Technowise Group company dedicated to large energy saving projects. He has more than 45 years of experience in various high-ranking positions in the areas of strategic planning, organization and business restructuring, and in optimizing the generation of returns on capital investment. He was CEO of the Woolworth retail chain in Mexico where he worked for more than 30 years. He has held the position of CEO of various subsidiaries of Mexican North American consulting companies such as The Friedman Group, Miller Heiman, Novations and Esama.

Mr. Oscar Sepúlveda Márquez

Independent advisor of the Directors Board. Director and Chairman of the Board of Directors of the companies Auto Transportes del Real S.A. of C.V. and Puertas Tarahumara, S.A. of C.V. For more than 43 years he has been in charge of his companies, is a member of several Boards of Directors and was President of CANACINTRA (Chihuahua Delegation).

Lic. Javier Leonardo Webb Moreno

Independent advisor of the Directors Board. Owner and manager of livestock businesses, real estate, among others. He has a degree in Agricultural Business Administration, studied in Las Cruces, New Mexico, graduating in 1980. He has more than 26 years of experience in the agricultural and agribusiness sector. He worked at Grupo Webb, a packing company located in Monterrey, N.L. and in cattle fattening in the city of Torreón.

Member of the Board of Directors of the Local Livestock Association of Chihuahua and was a Farm Advisor in Dodge City Kansas. He has taken courses on financial updates at Instituto Tecnológico y de Estudios Superiores de Monterrey, as well as at Instituto Panamericano de Alta Dirección de Empresa. He has developed its own grazing, fattening and export businesses, basically of bovine cattle.

Ing. Oscar F. Cázares Elías

Independent advisor of the Directors Board. Independent advisor of the Directors Board. Chairman of the board of Grupo Cajel, S.A. of C.V. and Blue Water Automotive, S. de R.L. of C.V. He studied Industrial Engineering and studied for a Master’s Degree in Business Administration at IPADE. Since 1999 he was appointed President and General Director of Pepsico de México, S.A. and Pepsi-Cola Mexicana, S.A. He currently participates as a member of the Board of Directors of companies both in Mexico and abroad, as well as the Board of Directors of AMCHAM (American Chamber of Commerce) and is an active member of different boards of trustees focused on social causes.

Arq. Carlos Antonio Carbajal Lechuga

Independent advisor of the Directors Board. He studied Architecture at Instituto Tecnológico y de Estudios Superiores de Monterrey (Monterrey Campus) and with studies at IPADE. He has extensive work experience which began in 1974. He is currently General Director and Sole Administrator of Crocsa Corporativo, S.A. de C.V.; being in charge of large projects such as: hotels, gyms, hospitals, manufacturing factories, supermarkets, etc.

Mr. Salvador Álvarez Valdés

Independent advisor of the Directors Board. He is of Spanish nationality, has a degree in Economics and Business Sciences from Universidad Complutense de Madrid, IPADE – AD2. He has lived in Mexico for more than 16 years. He has been President and CEO of Conagra Foods Mexico (Group made up of Productos del Monte, Act II, Verde Valle, Sigma Alimentos, Pam, Healthy Choice, etc.). He is currently a member of the Board of Directors of Corporativo Corvi and General Director of Organización Sahuayo, S.A. of C.V. for 9 years.

He has extensive experience as a business leader in countries such as the United States, Puerto Rico, Panama, Spain and Russia.

Ing. Ricardo Dávila Quiñones

Independent advisor of the Directors Board. He is an industrial and systems engineer from the Instituto Tecnológico y de estudios superiores de Monterrey and has postgraduate studies from New York University, has more than 20 years of experience as a business advisor, is a founding partner of Alfaro Davila & Rios SC (ADR ), held management positions at Credit Suisse and at Donaldson Luftkin and Jenrette Investment Bank. Specialist in processes of mergers and acquisitions, restructuring, financing, operations in capital markets and investment, participating in important transactions of public companies in Mexico and abroad.

Ing. Herminio Padruno Santos

Independent advisor of the Directors Board. He studied Industrial Engineering at Universidad Iberoamericana. He has 35 years of work experience in the financial environment. He currently works as an independent financial consultant. Until 2002 he was a partner at Capital Access, investment bankers. Previously, he collaborated as Director at GBM Grupo Bursátil Mexicano, Casa de Bolsa; Likewise, he has held executive positions in the areas of promotion and operation of companies, such as: Casa de Bolsa Banamex and Multivalores Casa de Bolsa, of which he was Partner and General Director.

C.P. Gabriela Eugenia Sepúlveda Elizondo

Independent advisor of the Directors Board. She is a Public Accountant from Instituto Tecnológico y de Estudios Superiores de Monterrey and has senior management studies from Instituto Panamericano de Alta Dirección de Empresas and Harvard Business School. She is currently General Director of Autotransportes del Real S.A. of C.V. She is also Counselor for Economic Development of the State of Chihuahua A.C.

Mtr. María Ariza García Migoya

Independent advisor of the Directors Board. She has a Master degree of Administration from Harvard University and is an Industrial Engineer from the Universidad Iberoamericana. She is currently General Director of the Institutional Stock Exchange (BIVA), holding the position since its creation in 2018. In addition, she was General Director of the Mexican Association of Private Capital (AMEXCAP) and worked in the investment team of the NAFTA Fund of Mexico, LP, a private equity fund focused on investing in medium-sized Mexican companies.

The Audit Committee is made up of 4 independent advisors and its main task is to support the Group’s Board of Directors in evaluating the quality and integrity of accounting and business processes; likewise, identify the level of compliance with the strategies, established policies and operational legal framework, and its consistency with the business objectives defined by the shareholders themselves.

The Practices Committee is made up of 5 independent directors and its main task is to support the Group’s Directors Board in the reports preparation, make observations on the performance of the Relevant Directors, evaluate the operations with related parties and review the packages of emoluments delivered to the General Director and Relevant Directors.