Overview Key strengths Key risks Global geographic footprint across developed and emerging markets. Volatile foreign-exchange rate and elevated commodity, freights, and labor costs could pressure revenue and margins. Diversified portfolio with more than 9,000 products across various categories. Sluggish economic activity and fierce competitive environment could weigh on volumes and consolidated revenue. Strong brands support leading market position. Intensive capital investments through 2024. Healthy cash-flow generation, robust liquidity, and prudent financial policies. Changes in consumer preferences and health and wellness trends. We expect Bimbo?s revenue to grow around 5% to almost Mexican peso (MXN) 418 billion in 2023 and MXN440 billion in 2024. This is despite a high comparable base from 2022, low global economic growth, still elevated core inflation,