Investor Presentaiton
79
ANNUAL INTEGRATED REPORT 2021 | AXTEL
In recent years we have focused our efforts on
ensuring that board decisions also address ESG
issues considered relevant to our investors, the
sectors in which we participate, our stakeholders, but
above all, to humanity. In this regard, this year we
added the areas of opportunity detected in the ESG
questionnaires we responded to in the priorities of
certain executive divisions to define actions to address
them and also report them to the Board of Directors.
Axtel's Internal Control area, under the Executive
Finance Department, is responsible for documenting
and managing the main risks faced by the company,
as well as providing follow-up and reporting on them.
Every year, an evaluation and identification of risks is
carried out under a comprehensive approach, where
each of Axtel's Executive Directions identifies the
main existing and emerging risks, obtaining Axtel's
risk matrix, under which they are classified by type,
whether strategic, operational, financial, information or
climate, its nature, its probability and impact.
Based on this matrix, the strategy or work plan to
mitigate it is determined for each risk, those responsible
for managing it are defined, and the progress status of
said strategy is monitored. The results are presented to
the Audit and Corporate Practices Committee of Axtel
and ALFA on a quarterly basis.
To determine remuneration for members of the Board
of Directors and executive officers, we use our Salary
Administration Policy as a reference, conducted market
surveys, and considered economic indicators such as inflation,
growth expectations and the company's current situation.
While independent consultants do not participate in this
process, proposals for general increases and/or adjustments to
benefits or allowances are submitted to General Management
for approval.
This remuneration includes fixed and variable salaries, hiring
incentives, severance payments, reimbursements, recoveries
and retirement benefits. In addition, the variable compensation
received by executive officers is established based on
achievement of the company's economic objectives.
OUR DIRECTORS RECEIVE FIXED REMUNERATION
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