Audit Committee

The Mexican Securities Market Law requires that the Audit Committee be responsible for the duties set forth in Section II of Article 42 and other applicable provisions of the Mexican Securities Market Law. Such duties include evaluating our independent auditor, reviewing the audit report, opinion, and other documents prepared annually by the independent auditor, informing the Board of Directors of the quality of and any deficiencies in the company's internal control mechanisms and regarding internal audits of the company or entities controlled by the company. As of April 16, 2013, the members of the Audit Committee were Elsa Beatriz Garcia Bojorges, as chairman, and Margarita Hugues Velez and Fernando Flores Perez, each of whom were independent as such term is defined in the Mexican Securities Market Law and in Rule 10A-3 under the Exchange Act. Each member's term on the Audit Committee runs concurrently with such member's term on our Board of Directors.

As of April 16, 2013, Fernando Flores y Perez is chairman of both the Corporate Practices Committee and the Finance, Planning and Sustainability Committee. Each member's term on either committee runs concurrently with such member's term on our Board of Directors. All members of either committee are independent directors as such term is defined in the Mexican Securities Market Law, and Mr. Mulas and Mr. Dychter are independent directors as such term is defined in Rule 10A-3 under the U.S. Securities Exchange Act of 1934, as amended, or the Exchange Act.

Both of the above committees are empowered to call shareholders' meetings and hire independent counsel and other advisors, as they deem necessary to carry out their duties, including, in the case of the Corporate Practices Committee, the review of related-party transactions.


Committee Members

Elsa Beatriz García Bojorges
Elsa Beatriz García Bojorges

Member of our Board of Directors since 2009.

Chairman of the Audit Committee.

Researcher and board member of the Mexican Financial Reporting Standards Board, which is the accounting standard setting body in Mexico.

From 2010 to 2012, she participated on behalf of Mexico in the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting hosted by the United Nations Conference on Trade and Development. Previously, she worked as an independent financial consultant and was a partner in the accounting firm Bouzas, Reguera, Gonzalez y Asociados, S.C. She is a lecturer at several universities, accounting associations and companies in Mexico and is a columnist for the Public Accountancy Journal.

Member of the board of directors of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., or OMA.

Honors accounting graduate of the Universidad Nacional Autónomo de México, or UNAM, as well a diploma in financial engineering. Certified by the Mexican Institute of Public Accountants, or IMCP, since 1999. In 2012, she received IMCP certification as an accounting specialist.

Carlos Guzmán Bofill
Carlos Guzmán Bofill

Member of our Board of Directors since April 2013.

Member of the Finance, Planning and Sustainability Committee

From 2010 to 2012 he was the CEO of Pro-México. From 2000 to 2010, he was the CEO of HP Mexico. He has been the national president for the Mexican Association for the Information Technology Industry, director of market development for HP Mexico, and the director of strategic planning for the steel division of Alfa.

Member of the board of directors of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., or OMA.

Chemical engineering graduate of the Universidad Iberoamericana; M.Sc. in chemical engineering from the Massachusetts Institute of Technology; MBA from Stanford University

Luis Guillermo Zazueta Domínguez
Luis Guillermo Zazueta Domínguez

Mr. Luis Guillermo Zazueta Domínguez was elected as an independent member of our Board of Directors. In 1971, Mr. Zazueta founded Despacho Zazueta Hermanos, S.C., a professional accounting firm advising a wide range of clients on accounting and tax matters. He is also on the board of directors of Altos Hornos de México, S.A.B. de C.V., Seguros Argos, S.A. de C.V., Grupo Mexicano de Seguros, S.A de C.V., ANA Compañía de Seguros, S.A. de C.V., Prevem Seguros, S.A. de C.V., Corpovael, S.A.B. de C.V., Asecred Unión de Crédito, S.A. de C.V., and Man de México, S.A. de C.V. Until April 2016, he was a member of the Board of Directors of our subsidiary Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., and served as chairman of GACN's Audit Committee. He is a member of the College of Certified Public Accountants and registered as a Fiscal Public Accountant at the Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público), the Mexican Social Security Institute, the Mexican Federal Institute for Workers' Housing (Instituto del Fondo Nacional de la Vivienda para los Trabajadores, or "INFONAVIT") and the Federal District. Mr. Zazueta holds a degree in public accounting from the Universidad Iberoamericana.