BOARD OF DIRECTORS

Among the functions of the Board of Directors of Grupo Gigante, S.A.B. de C.V. are to establish the overall strategy for conducting the business of the company and the legal entities it controls, as well as to oversee their management and operations.

Grupo Gigante, S.A.B. de C.V. recognizes that it is essential to include members in the Board of Directors with a mix of skills, professional and industry backgrounds, geographical experience, gender diversity, years of experience, ethnic origin, and diversity of thought. Governance bodies that meet these characteristics promote the generation of different opinions, perspectives, and knowledge, which undoubtedly enhances decision-making for the benefit of the company and its various stakeholders.

Currently, the Board of Directors of Grupo Gigante, S.A.B. de C.V. consists of 13 Proprietary Directors with their respective alternates, of whom 85% are male (11) and 15% are female (2).

AUDIT COMMITTEE*

This Committee is responsible to supervise that the external and the internal audit are performed under a complete independence of the company management. The above in order to ensure that all financial information generated and disclosed thru the Mexican Stock Market, is issued in a responsible, clear and timely manner in order to present in a reasonable way the financial situation of the company.

This committee validates in a permanently manner the internal control framework, the risk assessment procedures and the financial information issuance procedures of the company, revises the transactions with related parties transactions in coordination with the Corporate Practices Committee, supervise the whistleblower program and the compliance practices with all applicable laws.

CORPORTE PRACTICES COMMITTEE

This Committee is responsible to revise the executive staff assessment and compensation practices, supervise that the company is managed under honest and responsible practices, validate the establishment of a succession plan and authorize the transactions with related parties in coordination with the Audit Committee.

FINANCES AND PLANNING COMMITTEE

This Committee is responsible of validating the establishment of middle and long term strategic planning procedure that assure the stability and permanence of the company thru time. This committee supervise and issue recommendations related to the existence of policies and procedures for budget creation and its follow-up, treasury management, criteria of assets valuation, debt analisys and it follow-up and the revision of the real estate projects of the company.