Servicios Corporativos Javer, S.A.B. de C.V. (“Javer” or “the Company”) (BMV: JAVER), announced today that Eugenio Garza y Garza notified the Board of Directors of his intention to retire from his position as Chief Executive Officer in order to pursue personal projects. Javer expresses its profound gratitude to Eugenio for his hard work during the last nine years with the Company. In 2008, he joined Javer as Chief Financial Officer and for the last four years he was in charge of the Company’s management as CEO, bringing Javer public through a successful IPO and positioning the Company as the market leader in terms of housing units sold. The designation of Garza y Garza as a member of the Board of Directors will be proposed and voted on at Javer’s next General Ordinary Shareholders’ Meeting.

The Board of Directors intends to name Mr. Rene Martínez Martinez as the new CEO of the Company. He has worked for more than seven years as COO of Javer, holds a degree in industrial engineering from ITESM, and prior to Javer, he served for more than 15 years as CEO of the movie theater operator, MMCinemas.

The appointment of the new CEO will be ratified by the Board of Directors during the transition period, which is effective immediately and must conclude no later than March 31, 2017.

About Javer

Servicios Corporativos Javer S.A.B. de C.V. is one of the largest housing development companies in Mexico, specializing in the construction of low-income, middle income and residential housing. The Company began operations in 1973, and is headquartered in the city of Monterrey, Nuevo Leon. Javer is the largest supplier of the Infonavit system in the country, holding a 4.5% market share in 2015; in addition, it is the largest supplier of Infonavit loans in the state of Nuevo Leon and Aguascalientes with a 17.8% and 11.0% market share in 2015, respectively. Javer is the second largest supplier of Infonavit loans in the State of Jalisco and Queretaro with a 10.1% and 9.1% market share, respectively; and the third largest in the State of Mexico with 5.0% market share in 2015. The Company operates in the states of Nuevo Leon, Aguascalientes, Tamaulipas, Jalisco, Queretaro, State of Mexico, Quintana Roo and recently in Mexico City. During 2015, the Company reported revenues of Ps. 6,458.9 million and sold a total of 18,565 units. For more information, visit: www.javer.com.mx