Investor Presentaiton

100.0 90.0 80.0 70.0 60.0 50.0 40.0 30.0 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 12/10/2021 | P$75 Market Outperformer Price October 12, 2021 INTERCERAMIC Apr-21 May-21 Price Target Jun-21 H STOCK PRICE PERFORMANCE VS. ANALYST ESTIMATES Jul-21 Aug-21 Sep-21 Oct-21 20.0 Oct-20 120.0 100.0 80.0 60.0 40.0 Nov-20 Dec-20 Jan-21 140.0 IMPORTANT DISCLOSURES & FORWARD-LOOKING STATEMENTS Grupo Bursatil Mexicano, S.A. de C.V., Casa de Bolsa, and its affiliates, may carry out and seek to do business with companies covered in its research reports. Investors should not consider this report as a single factor in making their investment decisions. These materials do not constitute an offer to buy or sell any security or participate in any trading strategy. This report is addressed for GBM's clients or any other suitable third party. The information and analyses contained herein are not intended as tax, legal, or investment advice and may not be suitable for your specific circumstances. However, each investor shall make their determination of the suitability of an investment of any securities referred to herein and should consult their own tax, legal, investment, or other advisors, to determine such suitability. The analyst or analysts involved in the creation of this document hereby certify that the views expressed in this document accurately reflect their personal opinions and that they have not and will not receive direct or indirect compensation for expressing specific recommendations or views in this report. Furthermore, the analyst or analysts, each, certify that, neither directly nor indirectly, currently hold or have held positions in the particular sectors and companies that each of them cover. The contents hereof are based on public information; however, those sources have not been corroborated by GBM and, therefore, no guarantee is offered in terms of their accuracy or reliability. GBM, its parent company, affiliates, units, directors, officers, or employees thereof shall not be deemed liable to their clients or any other third party, nor take any responsibility whatsoever for any direct or indirect loss that may result from the use of the contents herein. This report has been prepared by GBM and is subject to change without notice. GBM and its employees shall have no obligation to update or amend any information contained herein. This report may discuss numerous securities, some of which may not be qualified for sale in certain countries or states therein and may therefore not be offered to investors in such countries or states. This report or any portion hereof may not be reproduced, reprinted, sold or distributed without the written consent of GBM. The current document is not released with the purpose of ensuring a future business relationship with the issue (issuer); therefore, this document constitutes no promise or guarantee. For further information on any particular company, please refer to the latest published research report. Forward-looking statements: This presentation contains statements that are forward-looking. Such forward-looking statements express the opinion or expectations of the person who produced this material; are based on current expectations and projections about future events and trends that may affect any of the companies' business, and are not guarantees of future performance. Investors are cautioned that any such forward- looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors, including those relating to the operations and business of such company. These, and various other factors, may adversely affect the estimates and assumptions on which these forward-looking statements are based. Forward-looking statements speak only as of the date on which they are made. GBM does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. LAMOSA/CERAMIC: THE ROAD TO GROWTH IS PAVED WITH TILES. | 66 Feb-21 Mar-21 12/10/2021 | P$130 Market Outperformer Price Apr-21 May-21 Price Target LAMOSA Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 GBM

View entire presentation