Coca-Cola FEMSA prides itself on its standards of corporate governance and the accuracy of its disclosures. Our corporate governance practices are governed by our bylaws, the Mexican Securities Market Law and the regulations issued by the CNBV. We also disclose the extent to which we comply with the Código de Mejores Prácticas Corporativas (Mexican Code of Best Corporate Practices), which was created by a group of Mexican business leaders and was endorsed by the BMV. We apply the same strict standards across our operations, including our new operations, and will continue to do so. We believe that the independence of our directors provides an invaluable contribution to the decision-making process in our corporation and to shareholder value protection.

Coca-Cola FEMSA is dedicated to the principles of sustainable development. The company recognizes the impact of its operations on water, waste and recycling, and energy use and is committed to minimize and attend to its environmental impact responsibly. Compliance, waste minimization, pollution prevention, and continuous improvement are hallmarks of the company’s environmental management system. The company has achieved significant progress in areas such as recycling and recovery, water and energy conservation, wastewater quality, and greenhouse gas emission efficiency. These efforts simultaneously help Coca-Cola FEMSA to protect the environment and to develop its business. Part of this commitment is reported in the present document and further presented in the company’s Sustainability Report. The Sustainability Report is published annually for the 10 countries in which we operate, following GRI guidelines and external verification and accounting for recommendations from the Dow Jones Sustainability Index, the Mexican Stock Exchange Sustainability Index, FTSE4Good Emerging Index, Vigeo Eiris Emerging Market 70 Ranking, and Euronext evaluations, while reporting in accordance with the CDSB Framework. Additionally, we report our greenhouse gas emissions voluntarily to the Carbon Disclosure Project (CDP) and to Mexico’s Ministry of Natural Resources and the Environment. For more information on our commitment to sustainable development, visit www.coca-colafemsa.com/sustainability.html.

The management of Coca-Cola FEMSA is responsible for the preparation and integrity of the accompanying consolidated financial statements and for maintaining a system of internal control. These checks and balances serve to provide reasonable assurance to shareholders, to the financial community, and to other interested parties that transactions are executed in accordance with management authorization, that accounting records are reliable as a basis for the preparation of the consolidated financial statements, and that assets are safeguarded against loss from unauthorized use or disposition. In fulfilling its responsibilities for the integrity of financial information, management maintains and relies on the Company’s system of internal control. This system is based on an organizational structure that efficiently delegates responsibilities and ensures the selection and training of qualified personnel. In addition, it includes policies, which are communicated to all personnel through appropriate channels. This system of internal control is supported by an ongoing internal audit function that reports its findings to management throughout the year. Management believes that to date, the internal control system of the Company has provided reasonable assurance that material errors or irregularities have been prevented or detected and corrected promptly.