Investor Presentaiton
Alignment with investors and value creation
FIBRA
Macquarie
México
Corporate governance and fee construct are aligned with investors interest and value
creation
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Fees
• Base management fee of 1% per annum of market capitalization
paid every six months
• Compensation of Manager staff (CEO, CFO, etc.) paid by the
Manager, not by the FIBRA
• Performance fee hurdle rate adjusts for high inflation periods as
it is based on Mexican CPI + 5%, versus other peer fee structures
that have fixed hurdles (e.g. 9%)
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Performance fees must be reinvested in certificates
• No other fees (e.g. acquisition, development, leasing, or property
administration) paid to Manager
Structure
• Follows Macquarie Asset Management's ("MAM") highly
disciplined and institutional approach to fund management
• Access to MAM's broader real assets and fund management
expertise
• MPA as an internal service's platform, where value creation stays
within FIBRAMQ and no fees paid to third parties
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Governing bodies
Technical Committee
MACQUARIE
• FIBRAMQ has 6 out of 7 Independent Members in its Technical
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Committee ("TC") and has a Lead Independent Member
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Appointed via annual consent from certificate holders¹
Required to reinvest at least 40% of their compensation
Since 2022, FIBRAMQ has separated Chairman and CEO
functions
• The TC has the following subcommittees:
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Audit Committee
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Indebtedness Committee
Ethics and Corporate Governance Committee
FIBRA Committee
• Formed by 4 senior directors of MAM with global and industry
expertise
• The FIBRA Committee has the following subcommittees:
Sustainability Subcommittee
WHSE Subcommittee
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Excludes TC members appointed by CBFI holders.
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