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Investor Presentaiton

AXtel &. Corporate Governance Board of Directors and Management Team Board of Directors [4.5] The Board of Directors is the supreme entity governing corporate decisions at AXTEL. Integrated by a group of 11 proprietary board members - four of them independent - and 10 substitute board members, we have achieved a Governance structure that is robust, capable of identifying crucial aspects and potential risks in our company. The key function of the Board of Directors is, leading, together with the Chief Executive Officer, the administration of the Enterprise. The Board of Directors, chaired by our Chairman and CEO, is who establishes the guidelines for our business strategies and oversees their compliance. The operation of the Board of Directors and the Auditing Committee and Company Practices carry out their functions following the current Stock Market Law (LMV), published in the Official Federation Gazette. Likewise, retribution to the members of the Board of Directors is determined annually by the Shareholder Meeting of the Company. 28
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