May 3, 2017 1Q17 Quarterly Results Conference Call Fideicomiso - PowerPoint PPT Presentation

May 3, 2017 1Q17 Quarterly Results Conference Call Fideicomiso F/2157 – FMTY14 1

Operating Platform 1 2

2017 Guidance 2 • Estimated distribution for fiscal year 2017 is $1.00 to $1.04 pesos per share • Quarter distribution for 1Q 2017 was $0.2739 per share , this is an annualized distribution of $1.0956 • First quarter distribution is atypically high given exchange rate levels • We expect distribution to normalize during the rest of the year . 3

Programa Multivalor 3 • We expect to issue $10 billion pesos in the next 5 years , in a similar structure than the ATM programs in the US, designed for recurrent issuers • Cornerstone for our growth program – Visión 20/20 – which would allow us to reach $20 billion portfolio by year 2020 • Designed to grow in an efficient and economical manner , avoiding unproductive investments 4

State of the Portfolio 4 CHIHUAHUA, CHIH 27,010 12. Casona #3 12,131 16. Monza #1 8,478 CIUDAD JUAREZ, CHIH 4,520 17. Monza #2 1,790 8. Cuadrante 4,520 MONTERREY, NL 211,534 21. Monza #5 4,611 1. OEP Torre 1 13,578 2. OEP Torre 2 18,007 3. OEP Plaza Central 13,295 CUAUHTEMOC, CHIH 1,440 DELICIAS, CHIH 1,971 4. CEN|333 Neoris 20,283 19. Monza #4 1,440 18. Monza #3 1,971 5. CEN|333 Axtel 12,937 6. CEN|333 Atento 3,532 7. Danfoss 30,580 LOS MOCHIS, SIN 7,985 SALTILLO, COAH. 82,622 9. Cuprum 17,261 13. Casona #5 7,985 24. Providencia #1 13,717 25. Providencia #2 7,013 15. Catacha 5,431 26. Providencia #3 11,760 22. Prometeo 8,135 PARRAL, CHIH 5,888 27. Providencia #4 26,165 23. Nico 1 43,272 14. Casona #4 5,888 28. Providencia #5 9,129 33. Ciénega 25,223 29. Providencia #6 6,378 30. Providencia #7 5,093 31. Providencia #8 3,367 GUADALAJARA, JAL 11,605 34. Redwood 11,605 QUERETARO, QRO 21,897 20. Santiago 16,497 35. Catacha #2 5,400 SAN LUIS POTOSI, SLP. 89,782 36. Huasteco #1 38,503 37. Huasteco #2 15,727 38. Huasteco #3 11,531 HUIXQUILUCAN, MEX 15,137 39. Huasteco #4 5,582 32. Fortaleza 15,137 Initial Portfolio 40. Huasteco #5 1,054 41. Huasteco #6 3,386 Executed Acquisitions 42. Huasteco #7 13,999 IRAPUATO, GTO 12,680 10. Casona #1 5,951 11. Casona #2 6,729 Acquisitions in Process 5

State of the Portfolio – Key Performance Indicators as % of income) 4 By Class of Property By Location By Currency 4% 4% 6% 8% 30% 9% 37% 59% 61% 12% 70% NL Coah Jal Chih ZMVM Otros USD MXN Office Industrial Retail By Expiration years) By Occupancy Major Tenants 4% 12% 13% 7% 7% 4% 4% 6% 15% 24% 4% 6% 93% 14% 5% 5% 5% 22% Crisa Oracle Neoris Axtel GE 0-1 1-3 3-5 5-7 7-10 10+ Leased Vacant PWC Danfoss Accenture CVG Epicor 6

State of the Portfolio expiration profiles as % of income) 4 Expiration of lease agreements 99.3% 100.0% 95.3% 95.3% 91.7% 87.6% 74.0% 74.0% 66.2% 59.5% 57.4% Remaining lease term is 5.8 years 39.8% More than 57% of income begins to expire starting in 2021 15.3% 12.8% 2.4% 24.5% 17.6% 13.6% 10.4% 7.8% 6.7% 4.1% 3.6% 4.0% 2.4% 2.5% 2.1% 0.7% 0.0% 0.0% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Vencimiento Acumulado Distribution by Economic Activity * Other Economic Activities 9.2%) Technology 4% Agropecuary 0.5% 5% Automotive 20% 7% Energy 0.6% Manufacturing Commerce 1.0% 8% Services Other * Industrial Gas 1.3% 9% Consumer Products 19% Financial Services 1.4% Communications Construction and Development 2.0% 14% Electronics 14% Other 2.4% Logistic 7

Markets Highlights – The Office Markets 5 Net Absorption of Offices vs. Rents in Monterrey - in m 2 and US$ per m 2 of monthly GLA) $24.10 $23.90 $23.65 $23.70 $24.08 $24.20 $24.22 60,000 $22.42 $21.50 $21.75 $21.00 $21.00 $20.75 $20.00 $20.00 $19.75 $19.75 40,000 20,000 - 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 (20,000) Net Absorption in m2 Rent US$/m2/month Net Absorption of Offices vs Rents in Mexico City Metropolitan Area - in m 2 and US$ per m 2 of monthly GLA) $28.35 $28.30 $28.15 $27.55 $27.75 $26.40 $26.60 $26.55 $26.50 $26.15 $25.80 $25.65 $25.90 $25.80 $25.95 $25.17 $24.72 150,000 100,000 50,000 - 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 Net Absorption in m2 Rent in US$/m2/month Net Absorption of Offices vs Rents in Guadalajara - in m 2 and US$ per m 2 of monthly GLA) 30,000 $20.30 $20.80 $19.80 $19.80 $19.80 $19.59 $19.30 $19.15 $19.15 $19.45 $19.45 $18.90 $18.50 $18.85 $18.75 $18.10 $17.90 20,000 10,000 - 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 (10,000) Net Absorption in m2 Rent in US$/m2/month Source: CBRE, MarketView 1Q 2017 8

Markets Highlights – The Industrial Markets 5 History of Industrial Inventory vs. Vacancy in square meters) 7.5% 6.8% 80,000,000 6.0% 6.0% 5.7% 5.6% 5.5% 5.1% 4.8% 70,000,000 4.2% 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Total Inventory Vacancy Historical Industrial Net Absorption vs National Average of Rent in square meters and USD per m 2 per month) 9,000,000 $4.35 $4.34 8,000,000 $4.23 $4.21 7,000,000 $4.19 $4.18 $4.14 6,000,000 5,000,000 $4.02 $3.98 4,000,000 $4.02 3,000,000 2,000,000 1,000,000 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Total Bajío Central Northern Rent Source: JLL, OnPoint 4Q 2016 9

Selected Financial Information 6 Thousands of Pesos MXN Δ % / bps 1Q17* 1Q17 4Q16 3Q16 2Q16 1Q16 1Q17 vs 4Q16 except figures per CBFI) Gross Income 200,792 202,880 188,283 157,552 134,346 118,375 7.8% Properties Expenses (25,575) (27,663) (29,182) (18,110) (16,961) (13,556) (5.2%) Capex as Opex 1,189 1,189 6,071 695 1,933 -- (80.4%) According to IFRS 6.8% Net Operating Income 176,406 176,406 165,172 140,137 119,318 104,819 (70 bps) NOI) 87.9% 87.0% 87.7% 88.9% 88.8% 88.5% 20 bps* G&A Expenses (18,783) (18,783) (17,221) (16,346) (15,939) (16,026) 9.1% 6.5% 157,623 157,623 147,951 123,791 103,379 88,793 EBITDA (90 bps) 78.5% 77.7% 78.6% 78.6% 76.9% 75.0% (10 bps)* FFO / 139,911 139,911 125,982 118,130 100,901 80,280 11.1% FFO per CBFI 0.289 0.289 0.261 0.245 0.239 0.264 AFFO / 132,411 132,411 124,485 115,179 96,675 73,716 6.4% AFFO per CBFI 0.274 0.274 0.258 0.239 0.229 0.242 * Total Revenue excludes Ps. 2,088 thousand recovery of maintenance expense from the Providencia portfolio, considering this revenue, from an economic and business approach, net of the maintenance expense from which it originated. 10