Debt Presentation as of December 31, 2014 Total Debt History (2)(3) - PowerPoint PPT Presentation

Debt Presentation as of December 31, 2014

Total Debt History (2)(3) Million Dollars (5) 1,405 (3) 1,262 1,258 1,257 77 1,252 1,241 1,188 1,173 1,151 1,149 1,149 1,153 67 92 92 93 89 81 81 85 75 78 77 1,328 1,185 1,171 1,166 1,165 1,151 1,092 1,107 1,075 1,076 1,066 1,072 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 (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. 2

Total Net Debt History (2)(3) Million Dollars (5) (3) 1,198 1,163 1,125 1,124 1,117 1,106 1,091 1,083 1,083 1,080 77 1,033 1,024 92 92 67 93 85 81 75 89 78 77 81 1,121 1,071 1,039 1,032 1,024 1,009 1,009 1,009 990 957 956 943 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 (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

Debt Profile as of December 31, 2013 and 2014 Fixed Rate Floating Rate + Fixed Spead Dec.14 88% 12% Rate Exposure Dec.13 90% 10% Dollars Pesos Dec.13 91% 9% Currency Exposure (2) Dec.14 91% 9% Banks Market Dec.13 28% 72% Source Dec.14 25% 75% (1) LIBOR and TIIE based rates (2) Since the disincorporation of Vitro Cristalglass operation, its outstanding balance is not included. 4

Amortization Schedule (1) (In million dollars as of December 31, 2014) Total Debt = US$ 1,188 747 747 327 327 77 30 0 63 1 6 0 30 14 0 1 6 2015 2016 2017 2018 2019 2020+ Short Term Current Maturities of LT Long Term (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. 5

Short Term Debt Schedule (1) (In million dollars as of December 31, 2014) Short Term Debt Profile = US$ 77 23 22 21 9 10 21 14 0 0 Jul14 - Sep14 Oct14 - Dic14 Ene15 - Mar15 Abr15 - Jun15 Short Term Market (Short Term) Current Maturities of LT (1) Due to Vitro’s accomplishment on the Concurso Plan, all short term debt is operating companies’ debt. 6

Amortization Schedule: Holding +Operating Companies (3) (In million dollars as of December 31, 2014) Operating Companies Holding Company 743 36 21 291 7 6 6 4 14 56 1 24 0 0 2015 2016 2017 2018 2019 2020+ 2015 2016 2017 2018 2019 2020+ Consolidated 747 Short Term 327 Current Maturities of LT 64 Long-Term 77 263 30 1 6 36 2015 2016 2017 2018 2019 2020+ 7

Net Accounts Receivable Financing Program* (In million dollars as of December 31, 2014) Flat Glass US$ 29.3 million Glass Containers US$ 52.1 million Total Net Accounts Receivable = US$ 81.4 million Financing Program *Net of cash reserves included in a trust related to Accounts Receivable Financing Program 8

Appendix

Detail of Debt Amortization - Consolidated (In million dollars as of December 31, 2014) Short Term 1Q15 2Q15 3Q15 4Q15 Debt 2015 Note 0 0 0 0 0 Notes 2018 0 12 0 12 24 Long Term 9 9 10 11 39 Short Term 14 0 0 0 14 23 21 10 22 77

Detail of Debt Amortization - Consolidated (In million dollars as of December 31, 2014) Total 2015 2016 2017 2018 2019 2020+ 2015 Note 200 0 200 0 0 0 0 Notes 2018 815 24 24 24 743 0 0 Long Term 160 39 103 6 4 1 6 Short Term 14 14 0 0 0 0 0 1,188 77 327 30 747 1 6

Detail of Debt Amortization - Holding (In million dollars as of December 31, 2014) Short Term 1Q15 2Q15 3Q15 4Q15 Debt 2015 Note 0 0 0 0 0 Notes 2018 0 12 0 12 24 Long Term 8 8 8 9 32 Short Term 0 0 0 0 0 8 20 8 21 56

Detail of Debt Amortization - Holding (In million dollars as of December 31, 2014) Total 2015 2016 2017 2018 2019 2020+ 2015 Note 200 0 200 0 0 0 0 Notes 2018 815 24 24 24 743 0 0 Long Term 99 32 67 0 0 0 0 Short Term 0 0 0 0 0 0 0 1,113 56 291 24 743 0 0

Detail of Debt Amortization - Glass Containers (In million dollars as of December 31, 2014) Short Term 1Q15 2Q15 3Q15 4Q15 Debt Long Term 1 1 2 2 6 Short Term 0 0 0 0 0 1 1 2 2 6 Total 2015 2016 2017 2018 2019 2020+ Long Term 30 6 6 6 4 1 6 Short Term 0 0 0 0 0 0 0 30 6 6 6 4 1 6

Detail of Debt Amortization - Flat Glass (In million dollars as of December 31, 2014) Short Term 1Q15 2Q15 3Q15 4Q15 Debt Long Term 0.4 0.4 0.4 0.4 1.6 Short Term 14 0 0 0 14 14 0 0 0 15 Total 2015 2016 2017 2018 2019 2020+ Long Term 31 2 30 0 0 0 0 Short Term 14 14 0 0 0 0 0 45 15 30 0 0 0 0