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Investor Presentaiton

Fuel price liberalization strategy in Mexico MAR-2017 S MAR-30th-2017 • Baja California • Sonora JUL-26th-2017 S OCT-30th-2017 •Baja California Sur • Durango . Sinaloa 1 ☛ Open Season final rulling SPrice Liberalization OCT-16th-2017 NOV-30th-2017 . • Aguascalientes • Ciudad de México • Colima • Chiapas • Guanajuato • Guerrero • Hidalgo . . ⚫ Morelos • Nayarit ⚫Puebla San Luis Potosí . • Oaxaca • Tabasco • Tlaxcala • Veracruz • Zacatecas • Jalisco • Querétaro . Estado de México • Michoacán 3 CRE 2 MAY-25th-2017 JUN-15th-2017 . Chihuahua Coahuila • Nuevo León • Tamaulipas Municipio de Gómez Palacio, Durango 4 NOV-30h-2017 > DEC-30th-2017 • Campeche • Quintana Roo • Yucatán 5 26 26

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