Dear reader:

The year 2020 demanded and took a lot from us, it reminded us of our vulnerability, but also of our collective resistance. Its lessons, though painful, have invited us to value what we used to take for granted, to prioritize what is important; to give thanks for what we have and what others do for us.

Today, we are more grateful than ever for the tireless will and commitment of all people that are part of the Grupo Herdez family. We thank our shareholders, customers, collaborators, consumers, partners, and suppliers for the trust they have placed upon us for more than 106 years, which strengthened us during this complicated year, and is also the compass that guides us to the future.

In this Integrated 2020 Annual Report, we want to tell you about what we achieved through the faces, stories, and testimony of the Grupo Herdez family. Thanks to the work of each of them, we were able to ensure the availability of our products in Mexican homes, and we were able to look out for the wellbeing of our collaborators and our families.

From 2020, we want to keep the feeling of union, joint responsibility, and solidarity that we live every single day and share with all our value chain, maintaining our firm commitment to promote the development and wellbeing of Mexico.

WHO WE ARE:

In this section, you will find the essence of who we are, what we do, and what moves us to continue taking the best of Mexican food to the world, and the best of the world to the Mexican people. Additionally, you can check the balance of the year in the words of our CEO and our leadership team who, with their decisions, build our resilience and future performance.

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ECONOMIC IMPACT

Here you will find the details of our financial performance, and business results.

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SOCIAL IMPACT

Here you will learn about the initiatives through which we impact the well-being and quality of life of our stakeholders: customers, consumers, employees, suppliers and communities.

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ENVIRONMENTAL IMPACT

In this chapter, we leave a record of our actions and results in water, waste, recycling and emissions management, seeking to reduce our impact on the planet with tangible, measurable, and constant results.

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We have lived and learned that the world is dynamic, that flexibility and resilience are required to adapt to change; that the sum of experiences, contexts, and opinions to address the challenges that we face, are fundamental. This year, we strengthened our capacity to adapt and persevere, but most of all, the sense of belonging to the large Grupo Herdez Family. As a result of this, today we look back at 2020 with gratitude.

In this report, we honor each of our collaborators that drove in this complex year, our partners, customers, and suppliers, which, jointly with us, took the opportunity to transform into a better team, a better company; and we also honor our customers for their preference. Because now and forever: We Advance Together.