Alpek held its Annual Shareholders' Meeting

U.S. $0.0674 per share cash dividend approved

Monterrey, Mexico. February 27, 2017 – Alpek, S.A.B. de C.V. (“Alpek”) held today its Ordinary General Shareholders’ Meeting. Shareholders approved the Company’s 2016 annual report presented by Armando Garza Sada, Chairman of the Board, and José de Jesús Valdez, CEO.

A cash dividend of $0.0674 Dollar per share, equivalent to approximately U.S. $143 million, was approved. A first payment of U.S. $0.0337 per share will be paid as of March 8, 2017, and a second payment amounting to U.S. $0.0337 per share will be paid as of September 7, 2017.

Shareholders also confirmed every Director in Alpek’s Board, and approved a maximum of Ps $1,500 million for share repurchases.