Alpek de CV : held its Annual Shareholders’ Meeting

Press Release

Alpek held its Annual Shareholders' Meeting

U.S. $0.0674 per share cash dividend approved

Monterrey, Mexico. February 27, 2017 - Alpek, S.A.B. de C.V. ("Alpek") held today its Ordinary General Shareholders' Meeting. Shareholders approved the Company's 2016 annual report presented by Armando Garza Sada, Chairman of the Board, and José de Jesús Valdez, CEO.

A cash dividend of $0.0674 Dollar per share, equivalent to approximately U.S. $143 million, was approved. A first payment of U.S. $0.0337 per share will be paid as of March 8, 2017, and a second payment amounting to U.S. $0.0337 per share will be paid as of September 7, 2017.

Shareholders also confirmed every Director in Alpek's Board, and approved a maximum of Ps $1,500 million for share repurchases.

About Alpek:

Alpek is a leading petrochemical company operating two business segments: "Polyester" (PTA, PET and polyester fibers), and "Plastics & Chemicals" (polypropylene, expandable polystyrene, caprolactam, and other specialty and industrial chemicals). Alpek is an integrated producer of PTA and PET in North America, the largest expandable polystyrene manufacturer in the Americas, and the only producer of caprolactam in Mexico. Alpek also operates one of the largest polypropylene facilities in North America. In 2016, Alpek reported revenues of U.S. $4.8 billion and EBITDA of U.S. $669 million. The Company operates 23 plants in the United States, Mexico, Canada, Brazil, Argentina and Chile, and employs more than 5,000 people. Alpek is a publicly traded company listed on the Mexican Stock Exchange.

For further information: Hernán F. Lozano Investor Relations Officer Alpek, S.A.B. de C.V.

+52 (81) 8748-1146

hlozano@alpek.com

ir@alpek.com www.alpek.com