Alfa de CV : Holds Annual Shareholders' and Extraordinary Meeting

San Pedro Garza García, N.L., Mexico, February 28, 2019.- ALFA, S.A.B. de C.V. (ALFA), held today its annual general shareholders' meeting and an extraordinary shareholders' meeting.

At the annual shareholders' meeting, Armando Garza Sada, Chairman of the Board, and Álvaro Fernández Garza, President of ALFA, presented a report on the company's 2018 financial results, in which ALFA reported record figures in both revenues and EBITDA. This report was unanimously approved by the shareholders.

The payment of a cash dividend of U.S. $202 million was also approved, equivalent to U.S. $0.040 per share, a 21% increase over 2018's dividend. It will be paid in two installments of $0.020 dollars per share, the first on March 11, 2019 and the second on September 12, 2019.

In addition, shareholders approved a maximum amount of $5,800 million pesos for share repurchases. At the extraordinary meeting, the shareholders approved the cancellation of 144,888,980 treasury shares.

Likewise, the Company published today its 2018 Annual Report, which is available in the following link: http://www.alfa.com.mx/RI/reports.htm

About ALFA
ALFA is a holding company that manages a portfolio of diversified subsidiaries: Sigma, a leading multinational refrigerated food company, focused on the production, marketing and distribution of quality foods through recognized brands in Mexico, Europe, United States and Latin America. Alpek, one of the world's largest producers of polyester (PTA, PET and fibers), and the leader in the Mexican market for polypropylene, expandable polystyrene (EPS) and caprolactam. Nemak, a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of aluminum components for powertrain, structural components and for electric vehicles. Axtel, a provider of Information Technology and Communication services for the enterprise and government segments in Mexico. Newpek, an oil and gas exploration and production company with operations in Mexico and the United States. In 2018, ALFA reported revenues of Ps. 366,432 million (U.S. $19.0 billion), and EBITDA of Ps. 55,178 million (U.S. $2.9 billion). ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.

Luis Ochoa Reyes
Vice President, Corporate Communications
ALFA, S.A.B. de C.V.
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