SUMMARY OF RESOLUTIONS APPROVED BY THE ORDINARY GENERAL SHAREHOLDERS´ MEETING OF GRUPO FINANCIERO BANORTE, S.A.B. DE C.V., H...

Represented Shares: 2,524?000,672 Series "O" shares of a total of 2,773,729,563 representing 91.00% of the total subscribed and paid shares of the Company?s capital.

 

FIRST. It was approved to distribute among shareholders a cash dividend for an amount of Ps $2,177?932,453.00, at Ps $0.7852 per outstanding share, derived from the retained earnings of previous years, which will be paid in four installments of Ps $0.1963 per share each, on October 23^rd, 2013, January 23^rd, 2014, April 23^rd, 2014 and July 23^rd, 2014 against delivery of coupons 9, 10, 11 and 12, respectively.

 

The installments of this dividend will be paid on the established dates, through S.D. Indeval, Instituci?n para el Dep?sito de Valores, S.A. de C.V. (Institution for the Securities? Deposit), with previous notice published by the Secretary of the Board of Directors in one of the most circulated newspapers in the city of Monterrey, Nuevo Leon and through the Electronic Delivery and Information Diffusion System ?Sistema Electr?nico de Env?o y Difusi?n de Informaci?n? (SEDI) of the Mexican Stock Exchange.

 

Regarding the second point of the Agenda, no resolution was taken thereon, it was only recorded that the Board of Directors presented to de Assembly the report regarding the amount of common shares representing the Company's equity effectively subscribed and paid through the public primary offering and consequent increase of the paid-in capital of the Company, approved by the Extraordinary General Shareholders' Meeting on July 3^rd, 2013.

 

In relation to the third point of the Agenda, no resolution was taken thereon, it was only recorded that in compliance with Article 86, section XX of the Income Tax Law, the Auditor's Report on the fiscal situation of the Company at December 31^st, 2012 was distributed and read among shareholders attending the meeting.

 

SECOND. Special delegates were designated to carry out all necessary actions in order to execute and formalize the resolutions passed by the Ordinary Shareholders' Meeting

  

The resolutions were passed by majority vote, as shown in the following table:

 

Management Proposals	Vote	No. of Shares	Percentage of the shares represented in the Shareholders? Meeting	Percentage of total shareholders? equity
I. Approval of a proposed cash dividend payment equivalent to Ps. $0.7852 per share.	In Favor	1,898,299,394	75.2%	68.4%
	Abstain & Against	625,701,278	24.8%	22.6%
II. Board of Directors? report regarding the amount of common shares representing the Company's equity effectively subscribed and paid through the public primary offering.	Not Voted
III. External Auditor?s Report regarding the Company?s tax status.	Not Voted
IV. Designation of the delegate(s) to formalize and execute the resolutions passed by the Assembly.	In Favor	1,907,299,394	75.6%	68.8%
	Abstain & Against	616,701,278	24.4%	22.2%