For the purpose of classifying our associates by level, we have an internal categorization that ranges from level 1 to 18. In this sense, we consider as senior executives of Grupo Peña Verde the members of classifications 16 to 18, which correspond to area directors, directors of subsidiaries and vice presidents of our divisions, respectively.

Following is a brief infographic on our key executives as of the date of this report:

Manuel Santiago Escobedo Conover

CEO of Grupo Peña Verde

Career at Peña Verde: Mr. Manuel Escobedo has been CEO of Peña Verde since 2013, after serving as Chief Executive Officer of Reaseguradora Patria for 10 years. Mr. Escobedo joined Peña Verde in 1997.

Academic and Professional Track Record: Mr. Escobedo holds a law degree from Mexico Autonomous Institute of Technology (ITAM for its Spanish acronym), graduated with honors, and a Master in Business Administration from the Ecole des Hautes Etudes Commerciales (HEC) in Paris. After collaborating as a lawyer in the Noriega and Escobedo law firms, Mr. Escobedo has dedicated most of his career to work in the Reinsurance industry, highlighting his participation as President of the Mexican Association of Insurance Institutions (2017-2020), an organization of which he has been a member since 1998. Also, he has served as a Director of the Board and/or as member of certain committees in the following organizations: Institute of International Finance, Mexican Association of Guarantee Institutions, Mexican Business Coordinating Council (CCE for its Spanish acronym), Alternative Insurance Company, among others.

Andrés Millán Drews

Vice President of Asset Management and Financial Strategy Division

Career at Peña Verde: Mr. Millán joined Peña Verde as Vice President of Asset Management and Financial Strategy Division on November 1, 2019.

Academic and Professional Track Record: With a degree in Business Administration from the Universidad de los Andes (Colombia) and a Master in International Finance from the University of Amsterdam, Mr. Millán has a vast experience in the financial sector, including work in investment funds and development banking in Colombia; a number of positions in Rabobank International of the Netherlands where he served as Vice President for Southern Europe and Latin America. It is also worth mentioning his successful career at IFC, member of World Bank Group, where he climbed various positions in the investment department until becoming Chief Investment Officer.

Thomas James Cunningham

Vice President of Reinsurance Division (CEO of Patria RE)

Career at Peña Verde: Mr. Cunningham joined Pena Verde as Vice President of the Reinsurance Division and as CEO of Patria RE in July 2018.

Academic and Professional Track Record: Reinsurance industry expert and strategic executive leader with extensive experience in building and developing high performance teams specializing in Latin America and the Caribbean. Mr. Cunningham has over 25 years of experience in the reinsurance sector, where he has excelled in delivering results and leading high performance teams in different contexts. He began his career as broker at Wilcox Johnson & Higgins London England and later worked at Guy Carperter & CO LLC, as director for Latin America and the Caribbean, in the London and Miami offices.

Juan Ignacio Gil Antón

Vice President of Insurance Division (CEO of General de Seguros)

Career at Peña Verde: Mr. Ignacio Gil is Vice President of Insurance of Peña Verde since 2018, being in charge of the General Management of General de Seguros. Previously, he worked as a consultant in strategic planning (2017 to 2018).

Academic and Professional Track Record: With a degree in Economics from ITAM and a diploma in Advanced Program in Management of Public Entities from the National Institute of Public Administration, Mr. Gil has an extensive career in the Mexican public sector, having served in the Ministries of Finance and Public Credit, Tourism, Commerce and Industrial Development, as well as INEGI and the National Insurance and Bonding Commission. From 1999 to 2017, Mr. Gil consolidated a successful career at Grupo Nacional Provincial, performing as director of various departments throughout his tenure. He has also been an advisor to different associations and is a permanent external counselor of the Executive Committee of the CCE.

Francisco Fernando Martínez Cillero

CEO of Reaseguradora Patria (Mexico and Chile)

Career at Peña Verde: Francisco Martínez has had a dynamic career at Reaseguradora Patria, where he joined in 2011 as an intern/actuarial analyst, served as a quality specialist (as an associate of Servicios Corporativos Peña Verde) and in 2013 assumed administrative functions as Director. In February 2019, he was appointed Deputy Chief Executive Officer and recently (April 2021) assumed the position of Chief Executive Officer, both at Reaseguradora Patria.

Academic and Professional Track Record: LMr. Martínez holds a degree in Actuarial Science and a Master's degree in Accounting from ITAM. He has spent most of his career at Peña Verde and is also a founding partner and Chairman of the Board of Directors of Fondo de Energía Ilimitada S.A.P.I. de C.V.; Fondo Revolvente 2MAZ S.A.P.I. de C.V.; and RIKAFRAN S.A. de C.V.

René González González

Executive Director of Business Support and Transformation Division

Career at Peña Verde: René González has been Executive Director of Peña Verde's Business Support and Transformation Division since January 2020. Prior to his appointment, he performed as Director of Planning and Chief of Staff (2018 to 2020).

Academic and Professional Track Record: With a degree in Financial and Actuarial Economics from ITAM, Mr. González has experience in both private and public sectors. In the private sector, he worked at MetLife, where he was promoted from financial risk specialist to head of Strategic Planning and later became director of Valuation, Planning and Strategic Projects at the Mexican Department of Labor and Social Welfare.