FUEL ADJUSTMENT 

Dear customer:

ALMEX is committed to quality and customer service, so we seek to continuously improve our operations and remain at the forefront of the market.

Over the years, we have implemented the best business practices and made investments to ensure that we have the most modern vehicle fleet in the industry in terms of fuel efficiency and environmental impact. This has positioned us to generate value and maintain competitive costs for our customers and commercial partners.

During the last few years, fuel costs have varied significantly, with a significant impact on the transportation industry. As a result, and because of the instability in prices expected going forward, we have been obliged to include a Fuel Adjustment Charge (FAC) in our prices.

This charge is variable and subject to fluctuations in fuel prices, with increases, decreases or the elimination of the % of the FAC according to the market.

The charge came into effect on May 15 of the current year and is based on the average fuel price of the previous month. It is published on our website: www.almex.com.mx on the first working day of every month.

The percentage is applicable for all concepts related to our transportation services.

AVERAGE DIESEL PRICE LAST MONTH TABLE

MONTH AVERAGE
FEBRUARY 2020 $21.02
INITIAL DATE FINAL DATE DAILY AVERAGE
01/02/2020 01/02/2020 $21.19
02/02/2020 02/02/2020 $21.18
03/02/2020 03/02/2020 $21.17
04/02/2020 04/02/2020 $21.15
05/02/2020 05/02/2020 $21.12
06/02/2020 06/02/2020 $21.05
07/02/2020 07/02/2020 $21.02
08/02/2020 08/02/2020 $21.02
09/02/2020 09/02/2020 $21.02
10/02/2020 10/02/2020 $21.01
11/02/2020 11/02/2020 $21.00
12/02/2020 12/02/2020 $20.99
13/02/2020 13/02/2020 $20.97
14/02/2020 14/02/2020 $20.97
15/02/2020 15/02/2020 $20.98
16/02/2020 16/02/2020 $20.98
17/02/2020 17/02/2020 $20.98
18/02/2020 18/02/2020 $20.98
19/02/2020 19/02/2020 $20.98
20/02/2020 20/02/2020 $20.97
21/02/2020 21/02/2020 $20.98
22/02/2020 22/02/2020 $21.00
23/02/2020 23/02/2020 $21.00
24/02/2020 24/02/2020 $21.00
25/02/2020 25/02/2020 $21.01
26/02/2020 26/02/2020 $21.00
27/02/2020 27/02/2020 $20.98
28/02/2020 28/02/2020 $20.93
29/02/2020 29/02/2020 $20.90

TABLE DEFINING THE FAC PERCENTAGE

EQUAL OR HIGHER PRICE TO: LOWER OR LOWER PRICE TO: % FUEL CHARGE
$20.90 $21.01 10.89%
$21.01 $21.12 11.07%
$21.12 $21.23 11.26%
$21.23 $21.34 11.45%
$21.34 $21.45 11.64%
$21.45 $21.56 11.83%
$21.56 $21.67 12.01%
$21.67 $21.78 12.20%
$21.78 $21.89 12.39%
$21.89 $22.00 12.58%
$22.00 $22.11 12.76%
$22.11 $22.22 12.95%
$22.22 $22.33 13.14%

*The percent is definied according to the average price of the previous month.