Company Profile Vitro, S.A. de C.V. (NYSE: VTO; BMV: VITROA), through its subsidiary companies, is one of the world’s leading glass producers and an important household appliance manufacturer. Vitro is a major participant in four principal businesses: flat glass, glass containers, glassware and household products. Its subsidiaries serve multiple product markets, including construction and automotive glass; About the Cover fiberglass; food and beverage, wine, liquor, cosmetics, and pharmaceutical glass containers; glassware for commercial, industrial and retail uses; household appliances; plastic and aluminum containers. Vitro also produces raw materials, and equipment and capital goods for industrial use. Founded in 1909 in Monterrey, Mexico-based Vitro has joint ventures with major world-class partners and industry leaders that provide its subsidiaries with access to international markets, distribution channels and state-of-the-art technology. Foundations for Value Creation Vitro’s subsidiaries have facilities and distribution centers in seven countries, located in North, Central and South America, and Europe, and export to more than 70 countries worldwide. Foundations for 2001 annual report The cover conveys the theme of this Value Creation Mission year’s report: Vitro’s financial and operating fundamentals position it to maximize its value now and into the future. Vitro is a customer-committed corporation, that is dedicated to providing value-added products and services in profitable and growing markets. This mission is sustained through our values, personnel development Av. Ricardo Margáin Zozaya 400 Col. Valle del Campestre, 66265 and state-of-the-art technology. Garza García, Nuevo León, Mexico Tel. (52) 81 8863 1200 www.vitro.com www.vto.com This annual report is printed on recycled paper. 2001 annual report Company Profile Vitro, S.A. de C.V. (NYSE: VTO; BMV: VITROA), through its subsidiary companies, is one of the world’s leading glass producers and an important household appliance manufacturer. Vitro is a major participant in four principal businesses: flat glass, glass containers, glassware and household products. Its subsidiaries serve multiple product markets, including construction and automotive glass; About the Cover fiberglass; food and beverage, wine, liquor, cosmetics, and pharmaceutical glass containers; glassware for commercial, industrial and retail uses; household appliances; plastic and aluminum containers. Vitro also produces raw materials, and equipment and capital goods for industrial use. Founded in 1909 in Monterrey, Mexico-based Vitro has joint ventures with major world-class partners and industry leaders that provide its subsidiaries with access to international markets, distribution channels and state-of-the-art technology. Foundations for Value Creation Vitro’s subsidiaries have facilities and distribution centers in seven countries, located in North, Central and South America, and Europe, and export to more than 70 countries worldwide. Foundations for 2001 annual report The cover conveys the theme of this Value Creation Mission year’s report: Vitro’s financial and operating fundamentals position it to maximize its value now and into the future. Vitro is a customer-committed corporation, that is dedicated to providing value-added products and services in profitable and growing markets. This mission is sustained through our values, personnel development Av. Ricardo Margáin Zozaya 400 Col. Valle del Campestre, 66265 and state-of-the-art technology. Garza García, Nuevo León, Mexico Tel. (52) 81 8863 1200 www.vitro.com www.vto.com This annual report is printed on recycled paper. 2001 annual report Focused Business Platform Shareholder Information Business Strategy Drivers Products Customers Companies Corporate Headquarters US Contact ADR Depositary Bank Av. Ricardo Margáin Zozaya 400 Luca Biondolillo / Susan Borinelli Citibank, N.A. Flat Glass Flat Glass focuses on the fabrication and Flat Glass’ strategy is to capitalize on • Consolidated global industry and Architectural tempered and laminated safety Construction contractors, distributors, and Vitro Plan: Vitro, S.A. de C.V. + Pilkington, PLC [UK] 1965 - 35% distribution of flat glass for the construction growing geographic opportunities and worldwide production alliances glass, burglar and bulletproof glass, insulated installers; original equipment to market Auto Cristales de Oriente Col. Valle del Campestre, 66265 Breakstone & Ruth International 111 Wall Street, 20th Floor/Z7 and automotive industries. It is the largest business alliances; leverage its leading position • Mexico’s growth potential given its glass, float glass and rolled glass for the (OEM), automotive replacement glass Auto Templex Garza García, Nuevo León Tel. (646) 536 7012 / 7018 New York, New York 10005 flat glass producer in Mexico; the second- in the Mexican construction glass market current low per capita consumption construction industry, as well as fiberglass distributors and installers. Main markets in Cristakar Mexico e-mail: [email protected] USA largest manufacturer in Latin America; and and automotive aftermarket; solidify North of float glass and PVB film. Rear and side Mexico, U.S., Canada, Europe, Central and Vitro Vidrio Plano España: Vitro Plan + Prado [Spain] 2001 - 40% among the U.S. leading distributors. It also American OEM relationships and increase • Growing business opportunities tempered and bulletproof South America. Cristales Automotrices Tel. (52) 81 8863 1200 e-mail: [email protected] Tel. (212) 657 9522 has a presence in Europe. sales participation in both the construction through Vitro’s U.S. sales centers’ glass, and windshields for Cristales Inastillables de México www.vitro.com glass market and the automotive aftermarket; the automotive industry. Distribuidora de Vidrio y Cristal network; potential opportunities in www.vto.com Independent Auditors Dividend Policy through its extensive distribution network value-added products Distribuidora Nacional de Vidrio pursue profitable global opportunities in Química “M”: Vitro Plan + Solutia Inc. [USA] 1995 - 49% Deloitte & Touche / Galaz, Gómez Morfín, The declaration, amount and payment of dividends are growing markets, including Europe, Central Shatterproof de México Financial Community Contact Chavero, Yamasaki, S.C. determined by the majority of the voting stock, at an Vidrio Plano America and the Andean Pact nations of Juan Orozco C. Av. Lázaro Cárdenas 2321 Pte. Ordinary Shareholders Meeting. This decision is generally, South America. Vidrio Plano de México Vice President, Treasury and Edificio Alestra, Piso 6B, 66260 but not necessarily, based on the recommendation of the Corporate Financing Garza García, Nuevo León Board of Directors. The terms and conditions of payment Tel. (52) 81 8863 1220 Mexico of the dividends formally declared by the corresponding Glass Containers Glass Containers makes soda lime glass Glass Containers’ strategy is to maintain • Niche market opportunities Beer, soft drink, food, liquor, wine, Soft drink, food, beer, wine, liquor, Ampolletas: Vitro, S.A. de C.V. + Kimble, Inc. [USA] 1978 - 49% Fax (52) 81 8863 1645 Tel. (52) 81 8152 5200 Ordinary Shareholders Meeting are generally determined containers for the Mexican soft drink, food, its leadership position in the glass containers Grupo Vical: Vitro S.A de C.V. + Cervecería Centroamericana S.A. [Guatemala] & • Ability to move faster and work pharmaceutical and cosmetics containers pharmaceutical and cosmetics industries. e-mail: [email protected] Fax (52) 81 8152 5242 by the Company’s Board of Directors, taking into account beer, liquor, wine, pharmaceutical and sector of the packaging industry in Mexico with lower volume orders than large and packaging. Customer-oriented services Principal markets in Mexico, U.S., the Cervecería de Costa Rica, S.A. [Costa Rica] 1964 - 50.3% cosmetics industries. It is the largest glass and to increase sales in the U.S., Central and Fabricación de Máquinas www.deloitte.com.mx the Company’s financial declaration. competitors and business support through VGD Caribbean, Central and South America, container producer in Mexico. It also South America; establish a closer and more Industria del Álcali Media Contact • Growing cash contribution to Vitro Soluciones Integrales de Diseño and Europe and the Middle East. fabricates aluminum cans, raw materials effective relationship with customers in Kimble-Enbosa* [USA]: Vitro, S.A. de C.V. + Kimble, Inc. [USA] 1989 - 51% Servicios Integrales Israel Gutiérrez G. Exchange Listings SEC Filings and capital goods for the glass industry growing business segments such as liquor, Vidrio Lux [Bolivia] and other industries. wine, beer, cosmetics, and fragrances; and de Envasado Vitro-American National Can: Vitro, S.A. de C.V. + Rexam Beverage Can of the Vice President, Corporate Communication Bolsa Mexicana de Valores (BMV), Mexico The Company files and submits periodical reports to the provide a full range of business support for (SIESA). Americas Inc. [USA] 1994 - 50% Tel. (52) 81 8863 1344 New York Stock Exchange (NYSE), USA U.S. Securities and Exchange Commission (SEC). current and new customers in areas such as Vitro Chemical, Fibers and Mining [USA] e-mail: [email protected] design, display and advertising. Vitro Envases Norteamérica Procesadora de Materias Primas Industrializables Ticker Symbols Compañía Vidriera Legal Contact BMV, VITROA Francisco Romero R. NYSE, VTO (American Depositary Receipt, ADR, General Counsel consisting