Mr. Alberto Bailleres Gonzalez serves as Member of the Board of Directors of Fomento Economico Mexicano SAB de CV since 1989. He also serves as Chairman of the Board of Grupo BAL SA de CV, Penoles GNP, Fresnillo plc, Grupo Palacio de Hierro SAB de CV and Profuturo. He also serves as Member of the Board of Directors of BBVA Bancomer, Valores Mexicanos Casa de Bolsa SA de CV, Dine SAB de CV and Televisa y Grupo Kuo SAB de CV, among others. He holds a Doctor Honoris Causa title and Bachelors degree in Economics from Instituto Tecnologico Autonomo de Mexico.