Selective, consistent and resilient growth in adverse market conditions

Vinte aims to maintain a selective, consistent, and resilient growth despite adverse market conditions, creating a strategic portfolio diversified regions and products, maximizing resource utilization, minimizing risks, and maintaining flexibility to adapt products to changing environments.

Financial Discipline

Vinte maintains financial discipline, keeping business variables under control by leveraging the best available tools. The company holds a conservative financial position, selectively utilizing working capital lines and corporate financing for construction funding to optimize resource allocation. This approach has enabled low leverage trends, averaging 1.99x Net Debt to EBITDA over the last 15 years, compared to the 2.95x recorded as of December 2023. Vinte plans to continue with the same financial discipline historically maintained.

Focus on Profitability

Vinte will continue to execute a clear strategy in order to maintain high returns on the Company's equity, often outperforming the industry, as it has done in recent years.

Flexible Business Model

The Company considers it has a high operational flexibility in housing development, a feature it plans to maintain in the future, with an average price of $1,148,000 Pesos, within an offering range of $500,000 to $5.0 million Pesos, above the industry’s average of $1,084,100 Pesos as of December 2023. This flexibility allows the Company to adjust its product offerings to mortgage availability.

Generating Greater Home Price Appreciation and Brand Awareness

All Vinte products are backed by innovation and represent a value proposition that contributes to the growth of customers’ assets. Vinte’s products have strong brand recognition, which the Company constantly develops and strengthens. For instance, homes sold by the Company have appreciated between 5.0% and 9.3% over the last 19 years, with around 50% of sales made through customer recommendations and digital channels.

Healthy Levels of Working Capital Turnover

Vinte considers working capital turnover one of the sector’s most important performance indicators. The Company’s internal controls remain focused on the evaluation, monitoring, and control of all variables comprising the working capital cycle. To ensure efficient long-term working capital turnover, Vinte deems it essential to maintain high operational flexibility in housing production.

Non-Speculative Construction

The Company’s sales determine the pace of home construction, minimizing the inventory of finished homes. Vinte closely monitors sales trends to adjust construction efforts accordingly. Consequently, the number of finished homes available for sale over the past six years has been less than 1.2% of total real estate inventories, closing the fourth quarter of 2023 at 1.0%. Low levels of finished home inventories are possible because pre-sales consistently determine construction rhythm. Specifically, Vinte has maintained an average of 4.3 months of revenue under sale agreements over the last five years.

Strategic Operations

Vinte will continue exploring the implementation of strategic alliances, acquisitions of other companies, housing or real estate businesses, as well as other potential consolidation opportunities in the industry capable of generating incremental and sustainable value for our shareholders.

Diversified geographic expansión

Vinte’s geographic expansion is diversified, concentrating on regions in Mexico with high population and economic dynamism, such as Central Mexico, the North, and Quintana Roo, enabling parallel growth in Entry-Level Housing, Middle-Income Housing, and Upper Middle-Income Housing.

Clear return strategies

Vinte has clear return strategies. This is evidenced by a return on the Company's equity of over 20% in the eight years before the capital increases conducted in 2016 and 2019.