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Investor Presentaiton

Company Profile/Corporate Governance / Business Ethics Business Ethics At AXTEL honesty is part of our values. Working under a frame of integrity in our daily behavior is essential for our enterprise. We seek to generate relationships based on the constructive dialogue that trust amongst all our stakeholders promotes. According to our commitment with honesty and ethics, as part of the business philosophy at AXTEL we have an Anti-corruption Policy and an Ethics Code, taking as a reference the guidelines against corruption established in the tenth principle of the United Nations Global Compact. Through these documents we promote making our collaborators and board members the role models with their behavior in any deal or negotiation on behalf of the company, working under the legal frame of our Country and with those with which we have commercial exchange. The Ethics Code also provides a guide to solve conflicts of interest that may emerge between collaborators and external entities with whom we interact, as well as the ethical obligations toward AXTEL, as a socially responsible Enterprise adheres to the guidelines established by the Inter American Convention against Corruption and the United Nations Convention Against Corruption, emphatically rejecting any action that implies or promotes bribery or extortion. the company, investors, clients, creditors, suppliers, competitors, and authorities. The Ethics Code* addresses the following core guidelines for our organization: Work behavior • Communication • Conflict of interests • Personnel hiring • Honesty, loyalty, and integrity Confidential information • Work security • Relationship with clients, community, government and suppliers • Promotion and selling • Environmental accountability Our commitment for 2012 is strengthening the communication for its knowledge amongst a hundred per cent of our personnel. *In order to learn the content of all the document please visit the web page: www.axtel.mx 34
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