At Axtel, we ensure long-term value creation through policies,
procedures, and guidelines that promote transparency and uphold our values and ethics.CORPORATE
GOVERNANCE
At Axtel, we ensure long-term
value creation through policies,
procedures, and guidelines that
promote transparency and uphold
our values and ethics.CORPORATE
GOVERNANCE
Our corporate governance aligns with the best
national and international practices. We adhere to
the guidelines of the Securities Market Law, the Code
of Best Corporate Practices, and the UN Global
Compact Principles.CORPORATE GOVERNANCE PRINCIPLES
• Fostering transparent and ethical business management.
• Ensuring accountability and regulatory compliance.
• Strengthening investor, customer, and employee trust.KEY OBJECTIVES
Our corporate governance aligns
with the best national and international
practices. We adhere to
the guidelines of the Securities Market
Law, the Code of Best Corporate Practices,
and the UN Global Compact Principles.CORPORATE GOVERNANCE
PRINCIPLES
• Fostering transparent and ethical
business management.
• Ensuring accountability and
regulatory compliance.
• Strengthening investor, customer, and
employee trust.KEY OBJECTIVES

OUR FUNDAMENTAL PRINCIPLES

Ethics and Transparency: We act with integrity in all our decisions.   Regulatory Compliance: We strictly follow applicable laws and regulations.   Corporate Responsibility: We drive sustainable development and positive social impact.  Effective Risk Management: We implement processes to identify and mitigate risks.Ethics and Transparency: We act with integrity in all our decisions.   Regulatory Compliance: We strictly follow applicable laws and regulations.   Corporate Responsibility: We drive sustainable development and positive social impact.  Effective Risk Management: We implement processes to identify and mitigate risks.

2022 Corporate Governance Best Practices Questionnaire

AUDIT COMMITTEE

In accordance with the Securities Market Law (SML), the Board of Directors, within its oversight responsibilities, may be assisted by one or more committees.

The Audit and Corporate Practices Committee analyzes and provides recommendations to the Board on audit-related matters, including:
The selection and fee determination 

 

company’s internal audit department, and the review of accounting policies. It is also in charge of facilitating communication between executives and the Board and preventing conflicts of interest.

Additionally, the committee provides recommendations to the Board on corporate practices, including high-level executive hiring conditions, their severance payments, and compensation policies, among others.

Primary functions

Financial Oversight: Evaluates financial statements and verifies their accuracy.

Internal Control Monitoring: Supervises internal control systems and risk management.

Conflict of Interest Prevention: Reviews related-party transactions and issues recommendations.

Reporting & Communication: Reports detected irregularities to the Board of Directors.

Audit Committee Members

Alejandro M. Elizondo Barragán (Chairman)*
Eduardo Escalante Castillo
Ricardo Saldívar Escajadillo

* During the Ordinary General Shareholders’ Meeting on March 8, 2024, Alejandro Elizondo Barragán was confirmed as Chairman of this Committee.

TRANSPARENCY
MAILBOX

TRANSPARENCY
MAILBOX

Our Transparency Mailbox is a secure and confidential communication channel available to employees, customers, suppliers, investors, and the community in general. Through this tool, we foster a culture of integrity by enabling reports of any situation that may compromise compliance with our policies and values.

What can you report?

• Accounting or financial irregularities

• Conflicts of interest

• Cases of corruption or bribery

• Violations of internal policies

Reporting Channels

Email: [email protected]
Phone: 800 265 2532 (México) | 1 866 482 1957 (EE.UU.) |
1 866 238 2860 (Canadá)
WhatsApp and SMS: +52 81 2353 9583

On-line reporting: Click here