Debt Presentation as of December 31, 2014 Total Debt History (2)(3) [PDF]

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Debt Presentation as of December 31, 2014

SLIDE 2

1,066 1,075 1,072 1,076 1,092 1,328 1,185 1,171 1,166 1,165 1,151 1,107 85 75 78 77 81 77 67 92 92 93 89 81

1,151 1,149 1,149 1,153 1,173 1,405 1,252 1,262 1,258 1,257 1,241 1,188

Mar'12 Jun'12 Sep'12 Dic'12 Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14 Dec'14 Total Debt excluding Accounts Receivable Financing Program Total Accounts Receivable Financing Program

Total Debt History(2)(3)

2

(1) Nominal pesos at the end of each period converted into dollars using the exchange rate at the end of each respective period (2) Total net debt includes Net Accounts Receivable Financing Program due to changes in Mexican FRS (3) Consummated the Concurso Plan; issued Notes due 2018 (“Notes 2018”) and Mandatory Convertible Debentures (“MCDs”) due 2015 (4) As a result of the initiation of “Concurso” proceedings in the Commercial Courts of Madrid, Vitro Cristalglass, all of its debt was deconsolidated (5) On April 2013, issued New Notes due 2015 to Fintech and on September 2013 announced the redemption of 100% MCDs.

(3) (5)

Million Dollars

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1,009 1,009 957 956 943 1,121 1,039 1,071 1,032 1,024 990 1,009 85 75 78 77 81 77 67 92 92 93 89 81

1,125 1,083 1,083 1,033 1,024 1,198 1,106 1,163 1,124 1,117 1,080 1,091

Mar'12 Jun'12 Sep'12 Dic'12 Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14 Dec'14 Total Accounts Receivable Financing Program net of cash reserves in trusts Total Net Debt excluding Accounts Receivable Financing Program

Total Net Debt History(2)(3)

3

(3) (5)

Million Dollars

(1) Nominal pesos at the end of each period converted into dollars using the exchange rate at the end of each respective period (2) Total net debt includes Net Accounts Receivable Financing Program due to changes in Mexican FRS (3) Consummated the Concurso Plan; issued Notes due 2018 (“Notes 2018”) and Mandatory Convertible Debentures (“MCDs”) due 2015 (4) As a result of the initiation of “Concurso” proceedings in the Commercial Courts of Madrid, Vitro Cristalglass, all of its debt was deconsolidated (5) On April 2013, issued New Notes due 2015 to Fintech and on September 2013 announced the redemption of 100% MCDs.

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Debt Profile

4 as of December 31, 2013 and 2014 Source Currency Exposure(2) Rate Exposure

(1) LIBOR and TIIE based rates (2) Since the disincorporation of Vitro Cristalglass operation, its outstanding balance is not included.

88% 90% 12% 10%

Dec.14 Dec.13

Fixed Rate Floating Rate + Fixed Spead

91% 91% 9% 9%

Dec.14 Dec.13

Dollars Pesos

25% 28% 75% 72%

Dec.14 Dec.13

Banks Market

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Amortization Schedule(1)

5 (In million dollars as of December 31, 2014)

(1) On February 23, 2012, Vitro consummated the Concurso Plan and completed its debt restructuring issuing its Notes 2018 and MCDs and paid a cash restructuring fee.

Total Debt = US$ 1,188

14 63 327 30 747 1 6

77 327 30 747 1 6

2015 2016 2017 2018 2019 2020+ Short Term Current Maturities of LT Long Term

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Short Term Debt Schedule(1)

6

(1) Due to Vitro’s accomplishment on the Concurso Plan, all short term debt is operating companies’ debt.

Short Term Debt Profile = US$ 77 (In million dollars as of December 31, 2014)

14 9 21

23 21 10 22

Jul14 - Sep14 Oct14 - Dic14 Ene15 - Mar15 Abr15 - Jun15 Short Term Market (Short Term) Current Maturities of LT

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Amortization Schedule: Holding +Operating Companies(3)

7 Operating Companies Holding Company Consolidated

Short Term Current Maturities of LT Long-Term

(In million dollars as of December 31, 2014)

56 291 24 743 2015 2016 2017 2018 2019 2020+ 14 7

21 36 6 4 1 6

2015 2016 2017 2018 2019 2020+ 36 263 64

77 327 30 747 1 6

2015 2016 2017 2018 2019 2020+

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Net Accounts Receivable Financing Program*

8

*Net of cash reserves included in a trust related to Accounts Receivable Financing Program

Total Net Accounts Receivable Financing Program Flat Glass US$ 29.3 million Glass Containers US$ 52.1 million = US$ 81.4 million (In million dollars as of December 31, 2014)

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Appendix

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Detail of Debt Amortization - Consolidated

1Q15 2Q15 3Q15 4Q15 Short Term Debt 2015 Note Notes 2018 12 12 24 Long Term 9 9 10 11 39 Short Term 14 14 23 21 10 22 77

(In million dollars as of December 31, 2014)

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Detail of Debt Amortization - Consolidated

Total 2015 2016 2017 2018 2019 2020+ 2015 Note 200 200 Notes 2018 815 24 24 24 743 Long Term 160 39 103 6 4 1 6 Short Term 14 14 1,188 77 327 30 747 1 6

(In million dollars as of December 31, 2014)

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Detail of Debt Amortization - Holding

1Q15 2Q15 3Q15 4Q15 Short Term Debt 2015 Note Notes 2018 12 12 24 Long Term 8 8 8 9 32 Short Term 8 20 8 21 56

(In million dollars as of December 31, 2014)

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Detail of Debt Amortization - Holding

Total 2015 2016 2017 2018 2019 2020+ 2015 Note 200 200 Notes 2018 815 24 24 24 743 Long Term 99 32 67 Short Term 1,113 56 291 24 743

(In million dollars as of December 31, 2014)

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Detail of Debt Amortization - Glass Containers

Total 2015 2016 2017 2018 2019 2020+ Long Term 30 6 6 6 4 1 6 Short Term 30 6 6 6 4 1 6 1Q15 2Q15 3Q15 4Q15 Short Term Debt Long Term 1 1 2 2 6 Short Term 1 1 2 2 6

(In million dollars as of December 31, 2014)

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Detail of Debt Amortization - Flat Glass

Total 2015 2016 2017 2018 2019 2020+ Long Term 31 2 30 Short Term 14 14 45 15 30 1Q15 2Q15 3Q15 4Q15 Short Term Debt Long Term 0.4 0.4 0.4 0.4 1.6 Short Term 14 14 14 15