At HR Ratings, we attribute our success to the high quality of the analysis we offer. The three fundamental aspects that characterize the work we do are a dynamic forward-looking analysis, continuous follow-up of the ratings and the total transparency of our processes and methodologies. Our ratings are accurate, comprehensive, and continuously monitored throughout the life of the issuance.

This philosophy has helped us grow exponentially over the past few years. Since the company was founded in 2007, we have rated debt issuances in Mexico with a value totaling more than US$30 billion. With this record of achievement, we are convinced that we are ready to expand into other markets.

Our unique approach to ratings and continuous effort to improve our processes has earned us the recognition of the market and the authorities, thus enabling us to expand to new markets. Our ratings provide a comprehensive and transparent perspective to help market participants understand risk in a detailed manner.

In November 2012, HR Ratings obtained authorization from the US Securities and Exchange Commission (SEC) to act as a Nationally Recognized Statistical Rating Organization (NRSRO) for public finance securities, and in 2016 the authorization was extended to corporates and financial institutions. In this way we became the first Latin American rating agency and only one of ten companies worldwide to be registered with the SEC. in November 2014, HR Ratings became the first Latin American credit rating agency to be certified by the European Securities and Markets Authority (ESMA) and the third agency to be certified by this institution.

Alberto Ramos / Chairman of the Board of Directors

Our ratings are precise, comprehensive and monitored promptly in their evolution.

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