Gift curation, annual report and protocol
The outgoing director's gift curation is built with the board chair and the Corporate Governance team. For directors with annual base compensation up to MXN 1,200,000 we run gifts from MXN 25,000 to 60,000: Tissot or Fossil watch, Montblanc pen, premium headphones, signed art book, handcrafted ceramic piece from Tonalá or Oaxaca. For directors with annual base compensation MXN 1,200,000 to 3,500,000 we run gifts from MXN 60,000 to 180,000: Tag Heuer or Longines watch, limited-edition Montblanc pen, iPad Pro, Tumi luggage, domestic trip to Punta Mita or Valle de Guadalupe with paid stay.
For directors with annual base compensation above MXN 3,500,000 we run gifts from MXN 180,000 to 600,000: Breguet or Blancpain watch, contemporary Mexican art piece (emerging artist from OMR or Kurimanzutto gallery, work commissioned from the artist), international trip with paid stay, dining experience at Pujol or Quintonil, restricted company shares with three-year vesting. The gift ships with no visible price to avoid comparisons between directors and is documented with a personalised letter on hot-stamped card stock signed by the board chair and the CEO.
The annual report is written with the Investor Relations team and is structured with: chair's letter, executive summary, segment-by-segment results analysis, sustainability and ESG, material risks, corporate governance and audited financial statements. For corporates under the IMMEX regime or with manufacturing operations under USMCA, the report includes a chapter on rules-of-origin compliance and traceability. For corporates in regulated sectors (energy, telecommunications, financial), the report includes a chapter on specific regulatory compliance.