guarantee and back your participation in international public bids, Bancomer If you need to has just what you’re looking for. Bonds (Garantías Demandables) What are they? Garantías Demandables are operations whereby Bancomer issues a security on behalf of customers to sponsor their participation in international public bids: from the tender of bids to the performance of agreements. Bonds are broadly used to carry out great infrastructure works and are therefore required to guarantee the reliability of the offer, compliance of contractual obligations, proper use of advance funds, status of the works, among others. Types of bonds Bancomer offers several options to back up the completion of your projects through bonds: • Bid bonds: They are used to back up a bid if the principal is awarded the offer • Performance bonds: They are used to guarantee performance of an agreement in case of being the successful bidder • Advance payment bonds: They are used to guarantee the proper utilization of advances received by the successful bidder (i.e., advance payment of goods to be sold or services to be rendered) • Tender bonds: They are used to guarantee that you are technical and financially able to comply with your contractual commitments • Maintenance bonds: They are used to guarantee the adequate operation and/or maintenance of the property sold or service rendered Failure to comply with any of the phases determined by the seller entitles the beneficiary to enforce or collect the bond. BBVA BANCOMER, S.A. INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO Banca de Empresas y Gobierno Av. Universidad 1200, Col. Xoco 03339, México, D.F. 1 GENERAL SCHEMA Principal PRINCIPAL’S PAIS DEL COUNTRY ORDENANTE BBVA Bancomer Beneficiary BENEFICIARY’S PAIS DEL COUNTRY BENEFICIARIO Bank against-guarantor Why should you sign up? • Security for the parties by having a payment commitment by the bank(s) • Guaranty of compliance of conditions agreed upon by seller and buyer • Service, by having specialized account managers to manage your business operations abroad • Opportunity, by facilitating your participation in domestic and international bids • Support of Grupo BBVA Bancomer to guarantee compliance of your commitments whether in Mexico or abroad • Comfort and modernity, as you may issue and amend your bonds using Bancomer.com, from any computer connected to the Internet or through the unique specialized network for companies throughout Mexico BBVA BANCOMER, S.A. INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO Banca de Empresas y Gobierno Av. Universidad 1200, Col. Xoco 03339, México, D.F. 2 Requirements • Having or opening a Bancomer checking account • Having a credit line in effect and available • If you don’t have a credit line available, providing the funds in the relevant currency, charge made to your account • Signing an Apertura de Crédito Irrevocable para Cartas de Crédito Stand By y Garantías Demandables irrevocable credit for standby letters of credit and bonds agreement • Completing and signing the application for a Carta de Crédito Stand By o Garantía (Bond) letter of credit or bond, Exhibit “A” BBVA BANCOMER, S.A. INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO Banca de Empresas y Gobierno Av. Universidad 1200, Col. Xoco 03339, México, D.F. 3