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Investor Presentaiton

Contents Letter from our Chief Executive Officer and Technical Committee Chairman LETTER FROM OUR CHIEF FINANCIAL OFFICER About FibraShop Our 2021 Annual Sustainability Report 04 FIBRA SHOP Letter from our CHIEF FINANCIAL OFFICER GRI 2-14, 2-22 To our stakeholders: When we chose to embark on an ESG strategy we did so with the intent of becoming a global benchmark. For this, we had to fo- cus on ourselves: exploring deep within the organization, delving into our beliefs, politics and principles. We found enough material to create a new vision for the organization, strengthened by the lessons of our first steps in ESG. I'd like to take this opportunity to communicate to you some of our most important projects and achievements in 2021. According to the materiality matrix we prepared, the most relevant issue for our stakeholders was energy. Independently of ESG con- cerns, for a number of years FibraShop has been working to re- duce energy consumption in all our portfolio properties. The first action we took was to replace incandescent bulbs with LED light fixtures. This process is complete in thirteen of our properties and 90% complete on average for the rest of them. We have pledged to reach 100% by 2024. The second and most important action in terms of energy is our program of solar cells. With installation of the first phase, we generated five times more renewable energy than last year. Energy from renewable sources now accounts for almost 20% of our total consumption. With the startup of phases 2 and 3 of the solar panel installation program, we are aiming at supplying 50% of our energy needs from renewable sources by the year 2024. We also strengthened our corporate governance in 2021. Our Technical Committee approved changes in the governance struc- ture and creation of an ESG Committee, which in turn has ap- proved new policies and reports. These include policies on the environment, responsible sourcing, community engagement, im- provements to the Code of Ethics (already ratified by 95% of our employees), a report on FibraShop's contribution to the UN Sus- tainable Development Goals (SDG), and the preparation and pre- sentation of an ESG training program for all committee members and employees. As regards our corporate debt, we structured a green bond specif- ically to fund completion of the La Perla project, which will have EDGE certification for its efficient use of energy and water, and will use sustainable materials in its construction. This plan is under way, and we are only waiting for the right market conditions to launch the issue. To a similar end, in May 2022 we obtained a bank line of credit for MXN1.8 billion, which we used to pay off the FSHOP17 bond at maturity for MXN1.4 billion. This line of credit incorpo- rates key performance indicators (KPI) in the area of sustainability, specifically the reduction of energy from non-renewable sources. In coming months we will continue to develop thematic structured financing strategies, either market-issued bonds or bank debt, and by 2025 we are aiming to have more than 50% of our debt sustain- ability-linked. Finally, I'd like to briefly comment on La Perla, which today is our flagship Urban & Life Center Experience and the basis for our strat- egy of property renovation. In the first months of operation, La Per- la has shown outstanding performance, and we expect it to reach stabilization in 2024, increasing operating revenues in our portfolio by 35%. In coming months we will be applying the Urban & Life Center Experience concept to other properties, further strengthen- ing our retail proposition. FIBRA SHO This second Annual Sustainability Report has been prepared with the specialty of the house: total transparency. Thank you for your confidence. Gabriel Ramírez Fernández Chief Financial Officer Sustainability approach Environment Social Governance Letter of assurance Disclosure of standards and indicators Appendix
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