Credit Suisse: Investment Ideas 2021 Corporate Presentation May 2021 The only specialty retail REIT in México

We own GLA of 543,432 sqm and manage in total 619,379 sqm, including the co-investments in projects the total managed is 767,237 thousand sqm. 19 shopping centers: 8FashionMalls 7PowerCenters 4 Community Centers

Solid operational structure and corporate governance that guarantee transparency, efficiency and a sustainable and profitable growth model.

FibraShop Managed Co-in vestments Portfolio location

Community Center

Properties Location

UC Jurica Querétaro UC Juriquilla Querétaro UC Xalapa

UC Nima Shops

Power Center

Properties Location Puerta Texcoco Texcoco Los Atrios Cuautla Galerías Tapachula City Center Esmeralda Plaza Cedros Cruz del Sur Sentura State of Mexico

Fashion Mall

Properties Location

Plaza Cibeles La Luciérnaga

Puerto Paraíso Cabo San Lucas Kukulcán Plaza Cancún Galerías Mall Las Misiones Juárez Puerta La Victoria Querérato La Perla * We are in 12 states of the Mexican Republic Total portfolio weighted average occupancy rate: 92.13%*

Shopping center 1Q 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021

Plaza Cibeles 100 98 98 97 97 La Luciérnaga 100 100 99 98 97 Puerto Paraíso 9493928989 Kukulcán Plaza* 85 83 82 79 79 UC Jurica 92 90 89 84 84 UC Juriquilla 91 90 90 87 87 UC Xalapa 88 87 87 85 84 Puerta Texcoco 9896959493 UC Nima Shops 96 92 90 87 87 Plaza Los Atrios 99 99 99 99 100 Galerías Tapachula 97 97 96 95 95 Galerías Mall Sonora 98 97 96 96 96 Las Misiones 95 94 94 93 93 City Center Bosque Esmeralda 87 86 85 84 85 Plaza Cedros 91 90 90 88 88 Cruz del Sur 9796949190 Puerta La Victoria 96 96 96 95 94 Sentura Tlalnepantla 96 95 95 90 79 Total 95.76 95.03 94.16 92.57 92.13

*º Solid tenant base Top 30 per rented GLA Top 30 per total revenues Comercial Group % Comercial Group % Grupo (Liverpool / Grupo Liverpool (Liverpool / 10.21% 5.55% Suburbia / Mac Cosmetics) Suburbia / Mac Cosmetics) / Sanborns / Telcel / Mixup- INDITEX (Pull&Bear / Bershka / 8.95% 3.93% iShop / Stradivarius / Lefties) Grupo Walmart (Walmart / Sams Sears / Sanborns / Telcel / Mixup- 7.90% 3.28% Club / Prichos) iShop / Inbursa Grupo Walmart (Walmart / Sams Cinepolis 6.33% 3.04% Club / Prichos) Grupo Gigante (Office Depot / Soriana 4.40% 2.43% / Radio Shack / Petco) Cinemex 3.01% La Comer / Fresko 1.73% Grupo Gigante (Office Depot / Grupo Martí (Deportes Martí / 2.28% 1.69% Toks / Radio Shack / Petco) Smart Fit) Luxury Avenue 2.22% Cinepolis 1.55% La Comer / Fresko 2.15% Soriana 1.41% Home Depot 2.04% Sonora Grill 1.37% Grupo Martí (Deportes Martí / 1.54% Bancomer 1.34% Smart Fit) (Domino´s / Alsea (Domino´s / Starbucks Coffee Coffee / Vips / Italianis / Burger 1.38% 1.33% / Vips / Italianis / ) King) INDITEX (Pull&Bear / Bershka / 1.22% Miniso 1.33% Stradivarius / Lefties) C&A 1.11% Forever 21 1.19% Parisina 1.02% 1.09% Coppel 0.98% Santander 1.09% Promoda 0.95% 1.06% H&M 0.95% C&A 0.98% Recrefam 0.89% Recrefam 0.85% Bouncy Bouncy 0.86% Home Depot 0.81% Forever 21 0.84% Parisina 0.78% Casino Central 0.69% Promoda 0.75% Bancomer 0.69% Innova Sports 0.74% Corte Fiel (Women's secret / Total Fitness 0.66% 0.66% Springfield) Office Max 0.63% AT&T 0.58% Miniso 0.62% Banamex 0.57% Innova Sports 0.61% Codere 0.47% Sonora Grill 0.59% Luxury Avenue 0.47% Happyland 0.56% Kavak 0.44% Banorte 0.55% Scotiabank 0.42% *º Total 66.55% Total 42.93% Increases its stake in Distrito la Perla Increases its stake in Distrito la Perla

FibraShop held a 35.6% stake in the project, with a contribution of 1.25 billion pesos.

Making an initial additional contribution of 207 million pesos, via dilution acquires 13.9% of the stake that originally belonged to Motfour.

Additionally, no later than November 2021, FibraShop will receive, through different amounts owed by Motfour to FibraShop, an additional 1.7% of the project, taking the company in this second stage to ownership of 51.2%

FibraShop will provide the money necessary to open the shopping center, either from its own funds or third-party funds. When the shopping center opens FibraShop would end up with a total stake of 93% Porfolio resilience

Revenues NOI

-10.29% -10.52% 284 376 400 336 300 255 280 350 260 240 300 220 250 200 MDP MDP 180 200 160 150 140 120 100 100 1Q 2020 1Q 2021 1Q 2020 1Q 2021

EBITDA Margen NOI & Margen EBITDA

-9.87% 75.68% 75.88% 273 80.00% 300 246 72.53% 73.06% 280 75.00% 260 240 70.00% 220 200 65.00%

MDP 180 160 60.00% 140 120 55.00% 100 1Q 2020 1Q 2021 50.00% 1Q 2020 1Q 2021

NOI margin EBITDA margin Historical Revenues, NOI and Ebitda

Revenues NOI EBITDA 450

400

350

300

250

200

150

100

50

0 1Q-2019 2Q-2019 3Q-2019 4Q-2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 Current Debt

Bank Loan Issued Amount Liability (mp) Rate used (mp) FSHOP17 1,400 TIIE + 1.25 1,400 40% Public Debt FSHOP17-2 1,600 9.13 1,600 Guarantee FSHOP19 130 TIIE + 1.50 130 FSHOP19U 2,248 5.80* 2,424 60% Sindicate Loan 3,000 TIIE + 175 2,960 NAFIN Loan 300 TIIE + 200 40 Scotibank Loan 220 TIIE+ 250 180

*Udibono 2025 (on the issuance date) +2.30 millions pesos Unsecured Mortgage

*º Maturity of debt

Sindicate 3,000 Bank Loan FSHOP 19-U FSHOP1 FSHOP 2,448 7-2 17 1,600 1,400 300 Nafin 130 Fshop 19 220 ScotiaBank 2021 2022 2023 2024 2025 2026 2027 Historical Adjusted Net Quarterly Income*

40.00

35.00 33.84 31.29 31.56 30.53 30.62 30.00 29.01 28.95 28.0127.65 27.5 26.93 26.6 27.06 26.03 26.25 26.48 2 6.13 26.18 26.13 24.82 24.8 25.04 25.07 25.00 23.51 23.33 22.92 22.71

19.59 20.00 18.50 17.19

15.00 14.49

10.00

5. 00 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 2Q' 3Q' 4Q' 1Q' 13 13 14 14 14 14 15 15 15 15 16 16 16 16 17 17 17 17 18 18 18 18 19 19 19 19 20 20 20 20 21

*Adjusted net quarterly income does not include revaluation of properties, changes in the fair value of derivative financial instruments, and non-monetary lines. Commitment to reduce operating expenses. Temporary Advance in suspension of negotiations strategic with tenants projects

Covid-19 Impact Renegotiation of the amount on our activities Contracting for liquidation contingent lines of Puerta La Victoria of liquidity. property

Modification to the Refinancing quarterly dividend liabilities. payment policy. Covid 19 – Impact in our activities

Our operational reports for April 2021, (these numbers are compared to pre-COVID averages), indicate the following:

3 properties with foot traffic higher At 8 properties tan 90% vehicle traffic was up by 88% Sales reported in March 2021 by department stores were 103% higher than in the same month of prior year. Movie theaters reported sales 50% higher in 6 of our locations. ESG Sustainability Program

FibraShop announced that in September 2020, with the unanimous favorable vote of the entire Technical Committee, formalization of the ESG Sustainability Program was approved, through which FibraShop has decided to obtain certain international accreditations in sustainability matters.

The formalization of the ESG Sustainability Program seeks to refocus economic, material and human efforts on evolving our operation, attaining the highest international standards in matters of ESG, and making sure those matters are immersed in the Company’s strategy.

The commitment is to evaluate our operation, to detect the best environmental, social and governance practices, to adopt them, and subsequently evaluate them with independent professionals who have extensive knowledge in the matter.

Steps in the ESG Sustainability Program:

Interest Evaluation of Sustainability change risk Diagnostic Strategy Monitoring groups and report according to materiality TCFD Phase 1. ESG Diagnostic

Fifty-six key indicators were identified based on the AMEFIBRA Manual, the SASB Materiality Map, and the most relevant issues in the SAM Corporate Sustainability Assessment. Sixteen of those indicators were marked as principal, and then classified into four pillars:

1.Greenhouse Gas Emissions (GGE). 5. Worker health and 2. Waste. safety. 9.Stakeholders

3. Energy 6. Community Social consumption engagement. 10. Objectives and reduction. and actions 14. Ethics and Environmental plans. regulatory 7. Social. compliance. 4. Water. 11. ESG 8. Tenants. reporting. 15. Corporate

Management governance.

12. Certifications 16. Risks and Governance crisis.

13. Supply chain. Phase 2. Identification of interest groups and materiality matrix

Interest groups Phase 2. Identification of interest groups and materiality matrix Materiality Matrix

# Key Issues 1 Energy consumption

2 Water 3 Waste generated 4 Climate change 5 Work environment 6 Corporate governance

7 Engagement with the community and volunteering

8 Diversity and inclusión

9 Emissions 10 Employee health and safety Phase 3. Development of ESG strategy

We are concluding alignment of FibraShop’s strategy for the coming years, and will soon be publishing the result of the last two phases:

1) Annual Report preparation.

2) Publication of the ESG strategy and ESG Report.

3) Post of AMEFIBRA cuestionary result

These commitments are in line with the highest accreditations in ESG matters. Covid-19 Retail Impact

Consumption in Mexico online % of buyers on the internet during the covid- 19

7, 8%

92% of 60%+ more 14, 15% Mexicans are declare that shopping I will buy from time to covid -19 online more time online affected their than 12 70, 77% I will buy more online lifestyle months ago

I will never buy online again

Main categories:  Food  Snacks  Pharmacy  Household items

Source: Insights de comunicación, publicidad digital para el sector RETAIL ante el covid-19 - Recovery Index

National & Mexico City People Vaccinated in Covid-19 Infections 92.1% less Mexico 5.3% of infections Mexican than during population the highest has been fully peak of vaccinated infections in Mexico City

Restaurant activity in Mexico City

2.3% was the increase in April 2021 ´ average occupancy if compared to the same data of April 2020 Mexico City- Recovery Index

Mexico City Public Google Mobility Index 17.1% 46.3% less Decrease in Transport Activity passengers on in Mexico City the activity the subway for retail and system and recreation, 36.2% less 4.1% passengers on Increase for the Metrobus grosery & system pharmacy compared to and 12.3% the first 25 decrease in days of March transit 2020. stations compared to March 2020 average

Mexico City Air Traffic Volume E-commerce Retail Mexico 2020

Growth vs 2019 Products and services in +81% which digital consumers showed the greatest interest as of January 9, 9% 2021:

 Food delivery (44%) Share  Technology (38%)  Supermarket (29%) eCommerce  Pharmacy (26%) Retail vs  Subscription (24%) Retail Total entertainment services  Household cleaning products (23%)  Food in general (22%)  Fashion (22%) 91, 91%  Beauty and personal care (17%)

Source: Estimación AMVO 2020 Perspectives post Covid-19

72% 65%

of Mexicans will continue of Mexicans will continue shopping in physical stores or will shopping in physical stores or will increases their visits increases their visits (supermarkets)*. (departments stores)**.

Consumers are also expanding their search for safe options through pick-up store, or alternatives such as drive-thru.

Source: *McKinsey: Mexican consumer during the coronavirus crisis 12/04/2020-26/04/2020;** Google Trends. Worldwide, 1/2/2020-7/4/2020 Co-Investment “Sentura” Control of Irrevocable Trust 2721 and consolidation of Sentura Tlalnepantla project.

Sentura Tlalnepantla is a multi-use project that includes two office buildings and a hotel located in the northern part of Mexico City.

This project was acquired from a related party, Grupo Cayon. In July 2016, FibraShop announced its joint investment in this project, acquiring 35.6%.

This project was recognized as an “Investment in associated companies”, in accordance with International Financial Reporting Standards (IFRS 10).

In 2020, the participation in the project's decision-making became evident, thus an active role and leadership were assumed to handle the situation. There is evidence of control of this associated company

The numbers of Trust 2721 were consolidated in the fourth quarter 2020, with those of FibraShop, so that it appeared as a single economic entity. Investor Relations Team:

Gabriel Ramírez Fernández, CFO [email protected]

Irvin García Millán, Controller [email protected]

Tel. (5255) 5292 1160 https://www.fibrashop.mx Disclaimer

About FibraShop:

FibraShop (BMV: FSHOP13), is the only real estate option in Mexico offering a specialization in the shopping malls segment that has a long-track experienced management in the commercial sector, a solid operating and corporate governance structure, which guarantees transparency, efficiency and a profitable and secure growth vehicle.

FibraShop is an infrastructure and real estate trust formed to acquire, posses, administer and develop real estate in the shopping center segment in Mexico. The initial portfolio includes eight properties in four states of the Mexican Republic and one in Mexico City. FibraShop is administered by a group of experienced management specialized in the industry with a long track record and is advised externally by Fibra Shop Portafolios Inmobiliarios, S.A.P.I. de C.V.

FibraShop’s goal is to provide attractive returns to CBFIs holders, through the stable distribution and capital appreciation.

Forward Looking Statements

This report may contain certain forward-looking statements. Said forward-looking statements are not based on historic events but on the current views of the administration. We caution that certain declaration or estimates imply risks and uncertainties that can changed due to different factors that are not under the Company’s control.

*º Glosary

Regional Mall: Closed shopping centers that have at least one anchor store (typically a department store), a cinema complex and a large fast food area. It serves an entire population in a zone of an area in a municipality. Super Regional Mall: Similar to a regional center, but larger in size, a super regional center has more than one anchor store and a wide variety of goods, attracting a larger population. Fashion Mall: A shopping center located in a central area or decent neighborhood, generally not anchored by supermarket or but has multiple clothing and accessories boutiques, many of which of are known brands. Outlet: Usually in peripheral locations, outlet malls offer brand good at discount prices. Neighborhood Center: A center designed to supply convenience products and services that meet the daily needs of consumers in the neighborhood. According to the SCORE publication by ICSC, approximately half of these centers are anchored by a supermarket, while a third of them have a pharmacy as the anchor. The anchor stores are typically supported by other stores selling drugs, a variety of articles, coffee shops and personal services. Community Center: A community center typically offers a wide range of clothing and other product stores that are not part of a neighborhood center. Among the typical anchor stores are supermarket, large pharmacies and discount department stores. Power Center: A power center is dominated by several large anchors, including discount department stores, stores offering goods at discount, club-type stores or those “dominating category” stores. Mixed Use: Developments that combine different land uses in various modalities; they can usually have combinations of residential, commercial, hospitality and office land uses. Lifestyle Center: Lifestyle centers have become an alternative to the traditional town square, and are characterized by a large proportion of entertainment retail such as restaurants, cafes and specialty store. These centers are often open air malls, but can also be enclosed and usually feature ample atriums for visibility.

*º