Investor Presentaiton

5 STATE OF THE HOUSING INDUSTRY PRESENTATION TEMPLATE (MEXICO) 2017 Starts: Percentages: Numbers: Inflation, house price index (Percent 2.57% 4Q 2017 change)³ Inflation, end of period consumer 3.1% * prices (Percent change) 4 2017 Inflation, end of period consumer 6.77% prices (Percent change) 5 Unemployment rate (percent of total 3.9% * 2017 labor force) 4 Home Mortgage Interest Rate5 10.79% Ene 2018 Home Ownership Rate (67.7%) 2015 Population Growth/Net4 1.2/(123,518,423) 2017 3 Source: Sociedad Hipotecaria Federal (SHF) 4 Source: International Monetary Found (IMF) 5 Source: Banco de México (BANXICO) 6 Instituto Nacional de Estadística y Geografía (INEGI) *Estimated

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