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CRÉDITO REAL Corporate Presentation 1Q19 FinancialUpdate Investor Relations +52 (55) 5340 5200 Ext. 2182 [email protected] CONTACT INFORMATION Renata González Muñoz +52 (55) 5228 9753 [email protected]

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CRÉDITO REALCorporate Presentation

1Q19 Financial Update

Investor Relations+52 (55) 5340 5200 Ext. [email protected]

CONTACT INFORMATION

Renata González Muñoz+52 (55) 5228 [email protected]

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INVESTOR PRESENTATION 1Q19

27

32

4

Stateswithin US

States within Mexico

Countries in Central America

67%

12%

11%

5%

3% 2%

Payroll Instacredit

SMEs Used Cars USA

Used Cars MX Other

$6.7

$10.4

$13.8

$17.6

$23.9

$26.7

$36.3

$38.3

2012 2013 2014 2015 2016 2017 2018 1Q19

2.4% 2.1%2.2% 1.7%NPL: 1.9%

5%

81%

13%

Total Loan Portfolio | MXN Bn+ A leading specialty finance company in Mexico with a growing

international presence (United States and Central America).

+ Highly recognized by its product offering, designed specifically forour customer base which is underserved by the traditional bankingsector.

+ Over 25 years of experience in understanding the credit profile ofcustomers and in developing and refining proprietary underwritingstandards.

+ Listed on the Mexican Stock Exchange since 2012, being actively apublic debt issuer in Mexico and in international bond-markets since1995 and 2010, respectively.

Notes:(1) Percentage of Loan Portfolio as of 1Q19.(2) Items converted using US$ 1 / Ps$ 19.3779 as of March 31, 2018.

(1)

Mexico

United States

Costa Rica

Panama

Nicaragua

Crédito Real in a Nutshell

(1)

(1)

Honduras

Market presence

Key Company Highlights Consistently Growing Loan Portfolio

Selected Financials

1.5% 1.6%

1

MXN Mn 2015 2016 2017 2018 1Q18 1Q19CAGR / Avg. 2015-2018

IncomeStatement

Financial Margin $3,312 $5,042 $5,773 $7,080 1,570 $1,765 28.8%

Net income $1,371 $1,714 $1,661 $1,955 422.7 $625 12.6%

Balance Sheet

Assets $25,996 $35,915 $42,238 $49,562 42,832 $50,839 24.0%

Debt $17,444 $24,589 $23,585 $30,647 24,233 $31,669 20.7%

Equity $6,713 $9,277 $14,768 $15,809 14,422 $16,044 33.0%

Key Ratios

ROAA 6.0% 5.0% 4.5% 4.2% 4.0% 5.0% 4.9%

ROAE 22.2% 20.2% 15.9% 12.9% 11.6% 15.7% 17.8%

Capitalization 38.1% 38.8% 50.9% 43.5% 46% 41.9% 42.8%

Efficiency 35.9% 55.2% 50.2% 42.4% 46.7% 42.0% 45.9%

1.6%

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INVESTOR PRESENTATION 1Q19

2016+ Acquisition of 70% of Instacredit+ International bond issuance of 625

USD Mn due 2023, with a 7.25% semi-annual coupon

+ MSCI Mexico Small-Cap Index, FTSE Small Cap and IMC30

+ Ranking #48 at the Mexican Stock Market (BMV) Liquidity Index

1,163 2,118 3,159 3,391 3,7365,512

6,733

10,424

13,805

17,609

23,927

29,015

36,31938,277

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1Q19

2007

2013

2015

2007+ Introduction of

Group loans+ Partnership with

Nexxus Capital Private Equity

2012+ Successful IPO in the Mexican Stock Exchange+ Introduction of SMEs

and Used car loans+ Acquires 49% of Crédito

Maestro (payroll loan distributor)

2014+ International bond issuance of

425 USD Mn due 2019, with a 7.5% semi-annual coupon

+ Crédito Real is part of the MSCI Mexico Small Cap Index

+ Acquisition of the remaining 51% of Kondinero

2015+ First issuance in the local market of

1,000 MXN Mn

+ Acquisition of 65% of AFS

Acceptance

+ Acquisition of 55.21% of Resuelve

2017+ First issuance for 800 MXN Mn

under securitization program+ Award for excellence in Corporate

Governance from Mexican Stock Exchange.+ First issuance of Subordinated Perpetual

Notes of 230 USD Mn

2018+ Issuance of 170 CHF

Mn unsecured non-callable bonds due2022.

+ Second Issuance for615 MXN Mn undersecuritization program

2010

+ International bond issuance

of 210 USD Mn due 2015

2011

+ Acquires 49% of Kondineroand 49% of

Credifiel (payroll loan

distributors)

2013+ New corporate

image development+ “One of the best

100 financial companies” distinction

Corporate History

2

Consolidated Loan Portfolio (MXN Mn)

2010

2018

2017

2019+ International Bond Issuance of 400 USD Mn due 2026, with a

9.5% semi-anual coupon

+ Distribution of a cash dividend payment ofMXN $0.70 per share to the shareholders; ; the highest dividend

paid in the history of the Company.

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INVESTOR PRESENTATION 1Q19

Key Investment Highlights

1 2

3

+ Healthy loan portfolio with best-in-classasset quality

+ Unique, Flexible and Scalable Businessmodel focused on UnderservedSegments

+ Differentiated Distribution Platform toReach Clientele

SustainablePortfolio Growth

Focus onProfitability

QualifiedManagement and

CorporateGovernance

DiversifiedFunding Sources

+ Strong Balance with FundingFlexibility, Superior FinancialPerformance and Quality Growth

+ High Margin Growth that generatesvalue

+ Strong Bottom Line Growth

4

+ Strong Corporate Governance andExperienced Management Team

+ 50% Proportion of IndependentDirectors

+ Committees oriented Strenghten andPromote Ethics and Efficiency in ourOperations

+ Harnessing the Local andInternational Markets

+ Healthy Capital Structure

+ Strong Liquidity Profile with Diversifiedand Untapped Funding Sources

3

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INVESTOR PRESENTATION 1Q19

Products

ProductsCompany’s Evolution

Payroll

Payroll-deducted loans to public employees and pensioners

SMEs

Non-revolving lines to fund working capital and investment activities, as well as leasing

Used Cars MX

Financing to individuals and legal entities through cars and commercial vehicle warranty

Used Cars US

Loans for used cars through strategic partners

Instacredit

Consumer Loans, Auto Loans, SMEs Loans and Home Equity Loans in Central America

Others

Integrated by Group Loans and Durable Goods

1

CAGR 33% in 8 years

Interest Income of Ps. 1,912Net Income of Ps. 416Equity of Ps. 1,460

Interest Income of Ps. 4,264Net Income of Ps. 1,371Equity of Ps. 6,713

Interest Income of Ps. 6,958Net Income of Ps. 1,714Equity of Ps. 9,277

Interest Income of Ps. 10,201Net Income of Ps. 1,955Equity of Ps. 15,809

100%

Mexico

82%

12%

6%Mexico

Central

AmericaUS

4

+ Profitable growth through our product diversification.

+ Sustained Double-digit growth rates.

67%

12%

3%

5%

12%

2%

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INVESTOR PRESENTATION 1Q19

25%

Payroll

Ps. 62,419

44 months

52%

Product overview

Market Share

Payroll portfolio by sector

+ Personal loans granted mainly to unionized state and federal public-sector employees, retirees and pensioners

Bi-weekly

408,526

1.3%

Average term

Average annual interest rate

Payment frequency

CustomersAverage loan amount

Non-performing loan ratio

Origination and Collection Process

67%

35%

39%

14%

2%5%

4%

1% <1% Federal Education

IMSS

Government

Education Ministry

Health

State Education

Non-centralized agencies

Others

CollectionTrust

Loan disbursement

Agreements (+300)

Collection

Funding

DeductionCredit Applications(Salesforce +6,000)

Presence all over Mexico

50% Interest Income50% Risk Sharing

Government Agency

5

42%

11%11%1%

35%

Crédito Real

Consubanco

Alphacredit

Findep

Others

Source: Company estimates, based on AMDEN’s information. Filled with financial reports as of December2018

Payroll Portfolio ] 25,499.6 MXN Mn

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INVESTOR PRESENTATION 1Q19

72%

52%

19%

28% 48% 81%

Employment % of GDP Financing

SMEs Corporations

SMEs and Used Cars MX

SMEs – Product overview

+ Providing financing sources to small and medium businesses for working capital requirements and investment activities as well as leasing

15%

Ps. 130,624

12 – 48 months

36%

Monthly

9,081

1.2%

Solid Growth in the portfolio Market Underserved in Mexico

1,368.51,746.1

3,676.7

2,358.4

4,420.1

0%

2%

4%

6%

8%

0

500

1,0 00

1,5 00

2,0 00

2,5 00

3,0 00

3,5 00

4,0 00

4,5 00

5,0 00

2016 2017 2018 1Q18 1Q19

Portfolio NPL

CAGR ‘15-’18: 64%

Source: INEGI

0.6%

1.6%

0.6%

1.4%

1.5%

1.4%

0.5% 0.5%0.4%

0.7%

0.3% 0.3%

1.2%

1.5%

1.5%

1.5% 1.6%

1.5%

1.6% 1.6% 1.7% 1.7% 1.6% 1.7% 1.7% 1.7%

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19

Used Cars SectorSource: CNBV

+ Focused on financing semi-new and used cars through strategic alliances with a network of distributors that use their own sales force to promote our loans

Average term

Average annual interest rate

Payment frequency

CustomersAverage loan amount

Non-performing loan ratio

Ps. 7.5 million

3 – 36 months

19%

Monthly

591

0.9%

Used Cars MX – Product overview

+21 states

6

As of December, 2018

Attractive Low-Risk Business

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INVESTOR PRESENTATION 1Q19

76%

16%

25%

Used Cars US

Ps. 240,543

66 months

21%

Product overview

Hispanics in the US

Portfolio Evolution

+ Commercial and financing business for used cars through our strategic alliances

Monthly

8,490

0.6%

5%

Headquarters

Source: Pew Research Center.

27 States 2,317.8

2,100.4

2,030.5 2,028.6 2,042.2

0%

1%

2%

3%

4%

1,8 50

1,9 00

1,9 50

2,0 00

2,0 50

2,1 00

2,1 50

2,2 00

2,2 50

2,3 00

2,3 50

2016 2017 2018 1Q18 1Q19

Portfolio NPL

Auction Upgrade car

Sale & Financing

✓ CreditAnalysis

Collection

Average term

Average annual interest rate

Payment frequency

CustomersAverage loan amount

Non-performing loan ratio

Origination and Collection Process

7

35.85.4

2.2

2.1

1.9

1.45.1

Mexicans

Puerto Ricans

Salvadorans

Cubans

Dominicans

Guatelmalans

Others

In millions

+ Biggest hispanic marketoutside Mexico with morethan 53 million people,which represents a bigopportunity to offer ourfinancial services in the US.

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INVESTOR PRESENTATION 1Q19

184.1

82.8 83.3

51.4 58.440.5

89.3 76%

16%

50%

25%

Instacredit

Ps. 26,520

46 months

56%

Product overview

Geographic concentration by product

Portfolio by product

+ Consumer loans, SMEs loans, auto loans and mortgage loans granted in Costa Rica, Nicaragua and Panama

Monthly

169,282

4.8%

Domestic credit provided by Financial Sector (% of GDP)

12%

46 Branches

Products Personal Used Cars Small Business Home Equity

% Mix Portfolio 49% 37% 11% 3%

Customers 122,275 23,605 22,411 991

Avg. Loan Amount $827 $3,270 $1,048 $5,283

Avg. Term 39 months 49 months 39 months 57 months

Avg. Interest Rate 61% 49% 56% 52%

Source: World Bank as of 2017.

Attractive opportunities due to low creditpenetration

Average term

Average annual interest rate

Payment frequency

CustomersAverage loan amount

Non-performing loan ratio

13 Branches

5 Branches

8

53%46% 45%

51%

36%39%

49% 37%

9% 15%6%

9%3% 3%

Costa Rica Nicaragua Panama Instacredit

Home Equity

SMEs

Used Cars

Personal

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INVESTOR PRESENTATION 1Q19

Market opportunity – Focused on Underserved Segments(1/2)

Market segments(1) Percentage of total population Players CREAL(2)

A and B

(1) Market segments are defined based on monthly family income, in accordance with the categories established by AMAI: Segment E, fromPs.0.00 to Ps.2,699; Segment D, from Ps.2,700 to Ps.6,799; Segment C, from Ps.11,600 to Ps.34,999, Segment C+, from Ps.35,000 to Ps.84,999,Segment A and B, from Ps.85,000 or more.

(2) The market segments of Instacredit, Don Carro and Crédito Real USA are defined based on their average loan amount as of 3Q18.

Target Market

83%

17%

D and E

C & C-

C+

A & B

6%

11%

27%

56%

9

2017 Total Population: 129.2 million

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INVESTOR PRESENTATION 1Q19

51.0

96.3

59.5

43.5

82.3

17.5 19.5

93.1 93.8

70.0

45.8

74.3

48.736.9

U Sp B Co Ch A M

(%)

Credit to Private Non-Financial Sector by Banks

% of the Population with an Account in a Financial Institution

Market opportunity – Focused on Underserved Segments(2/2)

A & B

C & C-

C+

D & E

Banking penetration(2)Sector

25%

57%

83%

96%

Target Market

Traditional Banks Crédito Real

Customers walking intobranches

Competing with distributorswith a loan portfolio and a

regional presence

Focus on high incomepopulation with high credit

penetration

Standard credit analysisfocused on mid and high

income segments

Customer approach on siteTrain and develop salesforce

Invest in a partnershipEstablish a strategic Alliance

Exclusivity agreements

Expert and parametric creditanalysis developed according

to the segment.

Focus on middle and lowincome population with low

credit penetration

Source: CNBV, ENIF, BCRA, BCRB, SBIF, SBS, Superfinanciera de Colombia, IMF and World Bank.Note: Serving an underpenetrated market date reported as of 2017. Bancarization reported as of 2013.(1) US show figures as of 2016,(2) Population utilizing banking services. Income level by bracket (approximate annual amount in US$): “A/B” +108,400; “C+” 76,500; “Cm/C” 29,700; “D” 8,900; “E” 3,400.

Differentiators

10

192.2

105.7

59.7 49.4

112.6

16.1

35.5

19.0 11.7 15.4 13.4 14.00.2 5.7

U Sp B Co Ch A M

(%)

Credit Penetration to Private Sector as of % of GDP

Consumer Loan Penetration as of % of GDP

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INVESTOR PRESENTATION 1Q19

ProductKey

Subsidiaries OwnershipDistribution Network Annual Interest Rate Customers

Avg. Loan Amount (Ps$) Strategy Yield 2022

PAYROLL14 distributors+6,000 reps

52% 408,526 62,419Pensioners market development

Focus on federal-level employees35%

INSTACREDIT

46 branches in Costa Rica

18 branches in Nicaragua and

Panama

56% 169,282 26,520

Efficiency in funding cost and general expenses

Improvement in asset quality

Expansion in Central America

60%

USED CARS MX

20 branchesand agreementswith 89 agenciesin 21 States of

Mexico

36% 9,081 130,624

Drive & Cash expansion

Enlarge dealers network

Increase competitive positioning

30%

USED CARS US

Two strategicalliances with

one Branch and +830 distributors

in the US

21% 8,490 240,543

Grow dealers network

New Credito Real USA brand, merger of Don Carro and CR USA Finance,

Coupled with the enhancement in servicing and collection

30%

SMEs Alliance withFondo H

19% 591 7.5 million

Increase origination through brokers

Diversification of Fondo H portfolio

Define new products sized for our clients

Leasing and factoring

20%

Average yield >35%

PerformanceExpected ROA: > 4.5%Expected ROE: > 20%

>5%

Current businesses growth strategy

100%

49%

49%

70%

51%

80%

99%

11

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INVESTOR PRESENTATION 1Q19

Risk-return view(1)

Solid capital base(2)

Avg.3.0%

Delivering bottom-line results (ROAA)(3)

Source: Credito Real Research and last updated information filed with BMV – Bolsa Mexicana de Valores. Information as of 1Q19, except Alphacredit, Consubanco, and Unifin which show figures as of 2018.

Notes:(1) ROAE = 1Q19 Net Income / Average Stockholders’ Equity between 1Q19 and 4Q18(2) Capitalization Ratio = 1Q19 Stockholders’ Equity / 1Q19 Total Loan Portfolio(3) ROAA = 1Q19 Net Income / Average Assets between 1Q19 and 4Q18.

Profitability – Defensive Competitive Positioning

Avg.35.4%

2

12

0.9

2.5

1.4

3.1

5.0

2.1

6.7

2.8 2.6 2.8 3.0

26.5

17.0 19.1

53.7

41.9

51.9 53.358.3

23.916.8

27.0

Alphacredit

BanBajio

Santander CAME

Consubanco

Crédito Real

Independencia

FonacotGentera

Inbursa

Banorte

BanRegio

Unifin

Banco Azteca

0

5

10

15

20

25

0.0 1.0 2.0 3.0 4.0 5.0 6.0

1Q

19

RO

E (%

)

1Q19 NPLs (%)

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INVESTOR PRESENTATION 1Q19

Peer-superior asset quality

Improving levels of NPL while maintaining healthy reserves(1)

1.9% 2.4% 2.2% 2.1% 1.7%

1.9% 1.6%

3.0% 2.8%

3.2% 3.7%

2.9%

3.4% 3.4%

2014 2015 2016 2017 2018 1Q18 1Q19

NPL Ratio Reserves / Total loan portfolio

30.4%

63.8%

28.2%31.0%

24.3%14.2%

Total Instacredit Payroll Used CarsMX

Used Cars US SMEs

1.6%1.3%

0.8% 0.9%

4.8%

1.9%

2.8%

1.7% 1.7% 1.8%

Total Payroll Used Cars SMEs Instacredit

Credito Real Banking Sector

Average Yield Breakdown by Product NPL Breakdown by Product(2)

Source: Company filings, CNBV, SUGEF(1) Reserves calculated as end of period allowance for loan losses divided by total loan portfolio.(2) Average LTM as of February 2019.

13

+ Below the banking sector in most of our products

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INVESTOR PRESENTATION 1Q19

76%50%

25%

Key financial performance

Interest Income

Net Income

Loan Portfolio

Financial Margin

23,927

29,015

36,319

31,356

38,277

0.0%

2.0%

4.0%

6.0%

0

10,000

20,000

30,000

40,000

2016 2017 2018 1Q18 1Q19

Loan Portfolio NPL

YoY Growth: 22%CAGR ’16–’18: 23%

6,665

8,463

10,201

2,3102,830

28.0%

30.0%

32.0%

34.0%

0

2,000

4,000

6,000

8,000

10,000

2016 2017 2018 1Q18 1Q19

Interest Income Yield

CAGR ’16–’18: 24%

5,042

5,773

7,080

1,570 1,765

12.0%

16.0%

20.0%

24.0%

28.0%

0

2,000

4,000

6,000

2016 2017 2018 1Q18 1Q19

Net Interest Income NIM NIM after provisions

CAGR ’16–’18: 19%

1,714 1,661

1,955

423625

470

0

500

1,000

1,500

2,000

2016 2017 2018 1Q18 1Q19

CAGR ’16–’18: 7%

YoY Growth: 48%YoY Growth: 12%

YoY Growth: 23%

14

Adjusted for thenon-recurringeffect(1)

(1) Adjusted for the Ps. 220 million gain from the derivatives unwinding of the Senior Notes due 2019.

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INVESTOR PRESENTATION 1Q19

16%

50%

25%

Key financial measures

Efficiency

ROAE

Capitalization

ROAA

38.1% 36.4%31.9%

32.6%30.9%

50.9%

43.5%46.0%

41.9%

2016 2017 2018 1Q18 1Q19

Excluding Subordinated

Perpetual Notes 49.9% 50.2%

42.4%46.7%

42.0%

2016 2017 2018 1Q18 1Q19

5.0%4.5%

4.2%4.0%

5.0%

2016 2017 2018 1Q18 1Q19

18.4%

15.9%

12.9%11.6%

15.7%

17.6% 17.9%

15.8%

21.3%

2016 2017 2018 1Q18 1Q19

15

Excluding Subordinated

Perpetual Notes

(1) Adjusted for the Ps. 220 million gain from the derivatives unwinding of the Senior Notes due 2019.

11.9% Adjustedfor the non-recurring effect(1)

3.7% Adjustedfor the non-recurring effect(1)

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INVESTOR PRESENTATION 1Q19

64%

36%

Short Term

Long Term

100%53%

47%

Secured

Unsecured

14%

86%

83%

17%

Drawn

Undrawn

Funding sources

Consolidated Debt Status

44%

19%

3%

25%

9%

Senior Notes

Credit Lines

Securitizations

Equity

Hybrid

31.6%(1)

Capital Structure

Cost of funds

Market risks

Interest Rate Risk 54.4% of Credito Real‘s consolidated debt is fixed

Asset & Liabilities duration Assets Liabilities

1.7 years 3.9 years

Assets in USD: +100 million

Drawn vs. Undrawn

Secured vs. Unsecured

Term

100%

Credit Lines100% = $12,567

Securitizations100% = $10,000

Credit Lines100% = $9,472

Credit Lines100% = $9,472

Securitizations100% = $1,415

Securitizations100% = $1,415

3

(1) Hybrid plus Equity as percentage of total Assets(2) Short term refers to amortization under 1 year. Long term ranges from 1 to 5 years.

MXN Mn

16

4.5%7.0% 8.0% 7.7% 8.5%

3.7%

4.4% 3.1% 2.8%

5.2%

2016 2017 2018 1Q18 1Q19

Spread

Average TIIE11.4% 11.1%

10.5%

8.2%

Adjusted Capitalization | 47,712.9 MXN Mn

13.7%

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INVESTOR PRESENTATION 1Q19

Debt Profile

$11,842

$7,701

$3,405$4,324

$3,563

$894

$328

$364

$22

$284

$472

$449

$188

$4,207

2019 2020 2021 2022 2023 2026

Senior Notes Swiss Bond Credit Lines Securitization Subordinated Notes

67%

22%

11%

USD

MXN

CHF

Debt by currency

SN 2010BB-

SN 2019BB

PerpetualNotesB+BB-

SN 2023BB+

Swiss Bond 2022BB+

17

SN 2026BB+

(1) All the figures represent only the notional and exclude accrued interests and mark-to-market of hedges. Debt converted using US$ 1 / Ps$ 19.3779 as of March 31, 2019.

BB+ BB+ BBB-

Global Scale

Negative Stable Stable

+ Comfortable debt maturity profile for the next 3 years

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INVESTOR PRESENTATION 1Q19

Strong Corporate Governance and Experienced Management Team

Robust standards of corporate governance

Well-respected

shareholders driving the business

+ Listed on Mexican stock exchange (BMV:CREAL*) with a market cap of ~380 USD Mn(1)

+ Founding members well-known and reputable in the Mexican business community (founders of leading manufacturer in the Americas, MABE)

+ Our management have a proven expertise on the sector

+ 50% of Credito Real’s Board is integrated by independent members

Shareholder Structure

Ángel Romanos

CEO

25 years in CR

Carlos Ochoa

Co-CEO / CFO

22 years in CR

Luis Carlos Aguilar

Commercial Officer

for Payroll Loans

23 years in CR

Jose Juan González

COO

10 years in CR

Luis Magallanes

CMO

6 years in CR

Claudia Jolly

General Treasurer

21 years in CR

Luis Calixto López

General Counsel

18 years in CR

Adalberto Robles

Human Resources

Officer

11 years in CR

Luis Berrondo

M&A Officer

4 years in CR

Pablo Bustamante

Controller

3 years in CR

Felipe Guelfi

Project Officer

3 years in CR

Hector Huelgas

Internal Audit Officer

3 years in CR

EthicsCommittee

SecuritiesTransactionsCommittee

ExecutiveCommittee

Communicationand Control Committee

68%

25%

7%Float

Berrondo

Family

Saiz Family

4

Management team

Key Committees

AuditCommittee

CorporatePracticesCommittee

Governance Highlights

(1) As of April, 2019

CNBV Supervision

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Appendix

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INVESTOR PRESENTATION 1Q19

Profit & Loss

MXN Mn 1Q19 1Q18 % Var.1Q19 (USD)

4Q18 % Var.

Interest Income 2,830.4 2,309.8 22.5 146.1 2,735.4 3.5

Interest Expense (1,065.8) (739.8) 44.1 (55.0) (692.0) 54.0

Financial Margin 1,764.5 1,570.1 12.4 91.1 2,043.4 (13.6)

Provision for Loan Losses (385.7) (421.4) (8.5) (19.9) (452.4) (14.8)

Adjusted Financial Margin 1,378.8 1,148.6 20.0 71.2 1,591.0 (13.3)

Commissions and Fees Collected 134.8 182.1 (26.0) 7.0 0.2 -

Commissions and Fees Paid (85.6) (67.8) 26.2 (4.4) (78.2) 9.5

Intermediation Income 257.4 83.6 - 13.3 (101.9) -

Other Income from Operations 79.5 62.9 26.4 4.1 94.4 (15.8)

Administrative and Promotion Expenses (854.1) (856.3) (0.3) (44.1) (778.7) 9.7

Operating Result 910.9 553.1 64.7 47.0 726.8 25.3

Income Taxes (265.1) (129.3) - (13.7) (213.1) 24.4

Income before participation in the results of subsidiaries 645.8 423.9 52.4 33.3 513.8 25.7

Participation in the results of Subsidiaries, Associates and Non-controlling participation

(21.2) (1.2) - (1.1) 54.3 -

Net Income 624.6 422.7 47.8 32.2 568.1 10.0

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INVESTOR PRESENTATION 1Q19

Balance SheetMXN Mn 1Q19 1Q18

%

Var. 1Q19 (USD) 4Q18 % Var.

Cash and Cash Equivalents 410.4 345.9 18.7 21.2 1,106.3 (62.9)

Investments in Securities 1,120.6 1,004.6 11.5 57.8 410.3 -

Securities and Derivatives transactions 83.2 776.6 (89.3) 4.3 1,028.0 (91.9)

Total Performing Loan Portfolio 37,648.3 30,768.3 22.4 1,942.8 35,701.6 5.5

Total Non-performing Loan Portfolio 629.1 587.6 7.1 32.5 617.6 1.9

Loan Portfolio 38,277.4 31,355.9 22.1 1,975.3 36,319.1 5.4

Less: Allowance for loan losses 1,308.0 1,076.1 21.5 67.5 1,067.9 22.5

Loan Portfolio (net) 36,969.4 30,279.8 22.1 1,907.8 35,251.2 4.9

Other Accounts Receivable (net) 5,412.9 4,688.8 15.4 279.3 5,389.3 0.4

Foreclosed Assets (net) 18.2 - - 0.9 - -

Property, Furniture and Fixtures (net) 767.0 327.6 - 39.6 341.5 -

Long-term investments in shares 1,166.0 1,275.9 (8.6) 60.2 1,193.4 (2.3)

Deferred Taxes (net) - - - - - -

Debt insurance costs, intangibles and others 4,891.5 4,132.8 18.4 252.4 4,842.5 1.0

Total Assets 50,839.2 42,832.0 18.7 2,623.6 49,562.5 2.6

Notes Payable (Securitizations) 1,363.9 3,794.1 (64.1) 70.4 1,415.0 (3.6)

Senior Notes Payable 21,227.3 14,309.6 48.3 1,095.4 17,084.2 24.3

Bank Loans Short-term 5,111.0 1,216.4 - 263.8 7,342.9 (30.4)

Bank Loans Long-term 3,966.6 4,913.0 (19.3) 204.7 4,804.7 (17.4)

Total Bank Loans 9,077.6 6,129.4 48.1 468.5 12,147.6 (25.3)

Total Debt 31,668.8 24,233.1 30.7 1,634.3 30,646.7 3.3

Income Taxes Payable 339.7 336.2 1.0 17.5 390.7 (13.0)

Securities and Derivative transactions - 1,278.2 - - - -

Other Accounts Payable 1,039.5 1,130.9 (8.1) 53.6 1,078.6 (3.6)

Deferred Taxes 1,747.2 1,431.7 22.0 90.2 1,637.6 6.7

Total Liabilities 34,795.2 28,410.0 22.5 1,795.6 33,753.6 3.1

Capital Stock 1,845.9 2,131.0 (13.4) 95.3 2,067.7 (10.7)

Perpetual Notes 4,206.7 4,206.7 - 217.1 4,206.7 (0.0)

Accumulated results from prior years 8,654.1 7,225.0 19.8 446.6 6,572.1 31.7

Result from valuation of Cash Flow hedges, net (137.9) (181.1) - (7.1) 128.6 -

Cumulative translation adjustment (85.2) (137.6) (38.1) (4.4) (30.1) -

Controlling position in Subsidiaries 935.8 755.3 23.9 48.3 908.5 3.0

Net Income 624.6 422.7 47.8 32.2 1,955.4 (68.1)

Total Stockholders’ Equity 16,044.0 14,422.0 11.2 828.0 15,808.8 1.5

Total Liabilities and Stockholders’ Equity 50,839.2 42,832.0 18.7 2,623.6 49,562.5 2.6

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INVESTOR PRESENTATION 1Q19

Financial Ratios

1Q19 1Q18 % Var. 4Q18 % Var.

Yield 30.4% 30.6% (0.3) 30.7% (0.4)

Net Interest Margin 18.9% 20.8% (1.9) 22.9% (4.0)

Return on Average Loan Portfolio 6.7% 5.6% 1.1 6.4% 0.3

ROAA: Return on Average Assets 5.0% 4.0% 1.0 4.7% 0.3

ROAE: Return on Average Stockholders’ Equity 15.7% 11.6% 4.1 14.6% 1.1

ROAE: Return on Average Stockholders’ Equity (excluding Perpetual Notes) 21.3% 15.8% 5.5 20.0% 1.3

Debt to Equity Ratio 2.0x 1.7x 0.3 1.9x 0.1

Debt to Equity Ratio (excluding Perpetual Notes) 2.7x 2.4x 0.3 2.6x 0.1

Average cost of funds 13.7% 10.5% 3.2 12.0% 1.7

Efficiency Ratio 42.0% 46.7% (4.7) 34.6% 7.4

Capitalization Ratio 41.9% 46.0% (4.1) 43.5% (1.6)

Capitalization Ratio (excluding Perpetual Notes) 30.9% 32.6% (1.7) 31.9% (1.0)

Provisions for loan losses as a percentage of total loan portfolio 4.0% 5.3% (1.3) 5.0% (1.0)

Allowance for loan losses as a percentage of total past-due loan portfolio 207.9% 183.1% 24.8 172.9% 35.0

Total past-due loan portfolio as a percentage of total loan portfolio 1.6% 1.9% (0.2) 1.7% (0.1)

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Disclaimer

Crédito Real is a leading financial institution in Mexico, with presence in the United States, CostaRica, Panama, Nicaragua and Honduras, focusing on consumer lending with a diversified businessplatform in the following main lines of business: payroll loans, small business loans, used car loans,consumer loans through Instacredit and group loans. Credito Real offers its products mainly to lowand middle-income segments of the population that have historically been underserved by otherfinancial institutions. The Company’s stock is listed on the Mexican Stock Exchange under the tickersymbol “CREAL*”. (Bloomberg identification number is CREAL*:MF)

This presentation does not constitute or form part of any offer or invitation for sale orsubscription of or solicitation or invitation of any offer to buy or subscribe for any securities, nor shallit or any part of it form the basis of or be relied on in connection with any contract or commitmentwhatsoever.

This presentation contains statements that constitute forward-looking statements which involve risksand uncertainties. These statements include descriptions regarding the intent, belief or currentexpectations of the Company or its officers with respect to the consolidated results of operations andfinancial condition, and future events and plans of the Company. These statements can be recognizedby the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or words of similarmeaning. Such forward-looking statements are not guarantees of future performance and actualresults may differ from those in the forward-looking statements as a result of various factors andassumptions. You are cautioned not to place undue reliance on these forward looking statements,which are based on the current view of the management of the Company on future events. TheCompany does not undertake to revise forward-looking statements to reflect future events orcircumstances.

About Credito Real

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