Alpek held its Annual Shareholders’ Meeting

Monterrey, N.L., Mexico. April 1, 2025 – Alpek, S.A.B. de C.V. (“Alpek” or the “Company”) held today its Annual General Shareholders’ Meeting. The following resolutions were approved:

1. Alpek’s 2024 Integrated Annual Report, as presented by Álvaro Fernández, Chairman of the Board, and Jorge Young, Chief Executive Officer.
2. The proposal for the election of the Board of Directors, as well as the designation of the Chairmen for the Audit and Corporate Practices committees. The Board of Directors includes 5 new members, highlighted below:

• • Álvaro Fernández Garza (Chairman of the Board)
  • Rodrigo Fernández Martínez
  • Francisco José Calderón Rojas
  • Enrique Castillo Sánchez-Mejorada        
  • Andrés Enrique Garza Herrera (Chairman of the Audit Committee)
  • Armando Garza Herrera
  • Armando Garza Sada
  • David Martínez Guzmán
  • José Antonio Meade Kuribreña
  • Cecilia Montserrat Ramiro Ximénez
  • José de Jesús Valdez Simancas
  • Guillermo Francisco Vogel Hinojosa
  • Alejandro Mariano Werner Wainfeld (Chairman of the Corporate Practices Committee)
  • Jaime Zabludovsky Kuper

3. With these additions, the average tenure is reduced to 5.6 years, and the board now consists of 86% independent members. Their diverse perspectives and industry knowledge will be instrumental in guiding the Company through its next phase of growth. Alpek extends its gratitude to Merici Garza Sada, Enrique Zambrano Benítez, Pierre Haas García, Jose Antonio Rivero Larrea and Ana Laura Magaloni Kerpel for their invaluable contribution and dedication.
4. A maximum share repurchasing amount of Ps. $2,000 million for 2025; in line with levels approved in 2024 and reiterating our commitment to maximizing Shareholder value.

View our Integrated Annual Report here.