STRENGTHENED BY

Peñoles maintains the best sustainable development and corporate governance practices, encourages social engagement and promotes its ethics and values at work. This ensures that our company can survive, adapt and prosper over time, to continue generating value for our stakeholders.

 

Faced with the challenges, in 2020 we acted prudently and operated responsibly.

INFORMATION FOR SHAREHOLDERS
INFORMATION FOR SHAREHOLDERS

CORPORATE HEADQUARTERS
Corporativo Legaria

Calzada Legaria 549, Torre 2
Col. 10 de Abril
11250 Mexico City, Mexico
Phone: +52 (55) 5279 3000
Investor_Relations@penoles.com.mx
www.penoles.com.mx

STOCK EXCHANGE
Mexican Stock Exchange (BMV):

Ticker PE&OLES

AUDITOR
Mancera, S.C. (Member of Ernst & Young Global Limited)

SHARE AND DIVIDEND INQUIRIES
Jorge Calderón B.

Assistant Vice President Treasury and Financing
Phone: +52 (55) 5279 3290
Jorge_Calderon@penoles.com.mx

INVESTOR AND ANALYST INQUIRIES
Mauricio García T.

CFO
Phone: +52 (55) 5279 3000
Mauricio_Garcia@penoles.com.mx

Celia Ortega C.
Investor Relations
Phone: +52 (55) 5279 3294
Celia_Ortega@penoles.com.mx

SHARE INFORMATION
Share price (pesos):

Close $ 336.78
High $ 388.79
Low $ 141.96

Market capitalization at the end of the year:

US$ 6.71 B

Shares outstanding as of December 31, 2020:

397,475,747

For more information regarding Fresnillo plc, please visit:
www.fresnilloplc.com

FINANCIAL CALENDAR
2020 Annual Shareholders’ Meeting: April 29, 2021

1Q 2021 results: April 30, 2021
2Q 2021 results: July 28, 2021
3Q 2021 results: October 28, 2021
4Q 2021 results: February 28, 2022

VERSIÓN EN ESPAÑOL
Para ver la versión en español de este informe, dar clic aquí.

Contacto: Investor_Relations@penoles.com.mx

Tel.: +52 (55) 5279 3294

CONTENTS

2020 brought us great challenges and lessons. Our Annual Report highlights the strengths that have allowed us to overcome difficulties while generating value to our stakeholders.

The following abbreviations will be used throughout the report:

oz =
lb =
Mm3 =
Ml =
Mlb =
Mlbe =
Moz =
koz =
t =
Mt =
kt =
MI =
US$B =
US$M =
US$/t =
US$/oz =
US¢/lb =
US¢/lbe =
ounces
pounds
million cubic meters
million liters
million pounds
million pounds equivalent
million ounces
thousand ounces
metric tons
million metric tons
thousand metric tons
million liters
billion dollars
million dollars
dollars per metric ton
dollars per ounce
dollar cents per pound
dollar cents per pound equivalent

PROFILE
We are a proud Mexican company, committed to our country, with presence in the international market.

FINANCIAL HIGHLIGHTS
In a complex environment, we focused on preserving liquidity, while continuing our priority investments.

MANAGEMENT REPORTS
We manage our business responsibly and prudently, with a long-term vision.

PERFORMANCE
Our operations faced great challenges during the year. We improved our processes and sought cost reduction.

ENERGY AND TECHNOLOGY
We incorporated new technologies to increase productivity and efficiency.

CORPORATE GOVERNANCE
Our corporate governance ensures transparency, the compliance with organizational values and accountability.

INFORMATION FOR SHAREHOLDERS
Contacts available for our shareholders

FINANCIAL STATEMENTS
We present our audited financial information in thousand US dollars.



DISCLAIMER
This Annual Report contains certain forward-looking information relating to Industrias Peñoles, S.A.B. de C.V. and its subsidiaries (Peñoles or the Company) that is based on assumptions made by its management. Such information, as well as the statements with respect to future events and expectations are subject to certain risks, uncertainties and factors that could cause the actual results, performance or achievements of the Company to be materially different at any time. Such factors include changes in general economic, governmental policy and/or business conditions nationally and globally, as well as changes in interest rates, inflation rates, exchange rates, mining performance in general, metal demand and quotations, and raw material and fuel prices, among others. Due to these risks and factors, actual results may vary materially from the estimates described herein, for which reason Peñoles does not assume any obligation with respect to such variations or to information provided by official sources.