Margarita Hugues Vélez

Margarita Hugues Velez has been a member of our Board of Directors since April 2010. Ms. Vélez holds a law degree from the Universidad Panamericana in Mexico City. She is the Vice President of Legal and Corporate Affairs and Secretary to the board of directors of Grupo Modelo, S.A.B. de C.V., or Grupo Modelo, the leading beer manufacturer in Mexico and the seventh largest in the world. Prior to joining Grupo Modelo, Ms. Hugues was a project finance and corporate attorney at Galicia y Robles, S.C. in Mexico City and at Hunton & Williams in Washington D.C.