Earnings ResultsFourth Quarter 2014

Forward Looking Statements

This presentation contains, or may be deemed to contain, forward-looking

statements. By their nature, forward-looking statements involve risks and

uncertainties because they relate to events and depend on circumstances that may or

may not occur in the future. The future results of Grupo Famsa, S.A.B. de C.V. and its

subsidiaries may differ from the results expressed in, or implied by, the forward-

looking statements set out herein, possibly to a material degree.

2

3

Operating and Financial Results 4Q14

Executive Summary

Famsa Mexico

Banco Famsa

Famsa USA

Consolidated Financial Results 4Q14

Guideline 2015

Agenda

Operating and Financial Results –

Fourth Quarter 2014

5

Executive Summary – Fourth Quarter 2014

Consolidated Net Sales in 4Q14 totaled Ps$4,392 million, a marginal increase

of 0.7% year-over-year

Consolidated EBITDA grew 1.6% during the fourth quarter, to $379 million

Famsa Mexico’s same store sales (SSS) declined 1.4% in 4Q14, in annual

terms, SSS fall back 2.5%

The categories with the best performance in 4Q14 were Household

Appliances and Motorcycles, which grew 9.0% and 6.9% respectively

In 4Q14, Banco Famsa’s NPL ratio including collection rights closed in 14.2%,

improving 340 basis points against June 2014

Bank Deposits continued to grow consistently, reaching Ps$14,752 million as

of the close of December 2014

Famsa USA’s SSS denominated in US dollars grew 1.0% during the fourth

quarter of 2014, contributing positively to the consolidated result

Furniture category distinguished itself from other categories, growing at a

quarterly rate of 14.3% in 4Q14

USA

MX

Famsa Mexico

Gro

wth

(%)

7

Famsa Mexico: Net Sales

Pe

sos

(Mill

ion

s)

Famsa Mexico: Quarterly SSS

Famsa Mexico’s 4Q14 operating performance remained constant compared to 4Q13

$3,879 $3,875

$13,301 $13,008

4Q13 4Q14 2013 2014

Total: -0.1%SSS: -1.4%

Total: -2.2%SSS: -2.5%

-9%

-6%

-3%

0%

3%

6%

9%

12%

1Q

13

2Q

13

3Q

13

4Q

14

1Q

14

2Q

14

3Q

14

4Q

14

8

Famsa Mexico: % of Sales by Product Category

100%100%

% o

f Sa

les

Others

Motorcycles

Mobile Phones

Personal Loans

Electronics

Appliances

Computers

Furniture

Famsa Mexico: Sales Growth by Product Category (4Q14)

During 4Q14 Motorcycles and Appliances were the categories with the best sales performance

Gro

wth

(%)

23.6% 21.7%

12.1% 13.1%

12.4% 12.8%

10.3% 11.9%

12.7% 11.2%

6.4% 6.8%

6.2% 5.4%

16.3% 17.1%

2013 2014

100%100%

-15%

-10%

-5%

0%

5%

10%

Co

mp

ute

rs

Ele

ctro

nic

s

Pe

rso

nal

Lo

ans

Furn

itu

re

Mo

bile

Ph

on

es

Mo

torc

ycle

s

Ap

plia

nce

s

Banco Famsa

16.5%17.0%16.8%15.7%

18.5%17.0%16.8%16.7%16.7%

18.1%20.5%20.6%21.4%21.4%20.7%20.0%19.5%18.5%17.9%

Jun

´13

Jul´

13

Ago

´13

Sep

´13

Oct

´13

No

v´1

3

De

c´1

3

Jan

´14

Feb

´14

Mar

´14

Ap

r´1

4

May

´14

Jun

´14

Jul´

14

Ago

´14

Sep

´14

Oct

´14

No

v´1

4

De

c´1

4

Banco Famsa: Non-Performing Loans RatioIncludes Collection Rights*

10

In 4Q14, Banco Famsa’s NPL ratio closed in 14.2%, improving 340 basis points against June 2014

16.5%16.6%16.1%14.8%

17.1%15.6%15.1%14.8%14.7%15.7%

17.5%17.4%17.6%17.5%16.9%16.2%15.6%14.8%14.2%

Jun

´13

Jul´

13

Ago

´13

Sep

´13

Oct

´13

No

v´1

3

De

c´1

3

Jan

´14

Feb

´14

Mar

´14

Ap

r´1

4

May

´14

Jun

´14

Jul´

14

Ago

´14

Sep

´14

Oct

'14

No

v'1

4

De

c'1

4

Banco Famsa: Non-Performing Loans RatioExcludes Collection Rights

Source: CNBV, Banco Famsa*Collection Rights: Credits discounted via payroll

Banco Famsa: Deposits

Pes

os

(Mill

ion

s)

11

Bank Deposits grew 5.9% year over year, totaling Ps$14,752 million as of the close of December 2014

Source: Grupo Famsa, Banco Famsa

Demand Deposits Time Deposits with optional availability

Time Deposits Average Cost of Funding

1,524 1,626 1,854 1,524 1,582

1,487 1,710 1,8492,082 2,475

10,918 10,74611,017 11,115 10,695

4Q13 1Q14 2Q14 3Q14 4Q14

5.2%

5.0%

4.8% 4.8%

4.7%

+5.9%

$13,929$14,752

0%

3%

5%

8%

10%

13%

4Q

13

1Q

14

2Q

14

3Q

14

4Q

14

Banco Famsa: ICAP

12.9%

12

Banco Famsa: Commercial Loans Banco Famsa: Commercial Loans Mix

Pes

os

(Mill

ion

s)

25%

+7%

18%

Source: Grupo Famsa, Banco Famsa

FinancialInstitutions 7%

Micro, Small and Medium-sized Enterprises represent 25% of the Commercial Portfolio as of 4Q14

$2,657 $2,578

$2,484

$2,691 $2,912

4Q13 1Q14 2Q14 3Q14 4Q14

+9.6%

Corporate68%

SME’s21%

Corporate, 51%Financial

Inst.31%

SME’s16%

4Q14

4Q13

Microcredits4%

Microcredits2%

Famsa USA

14

Pe

sos

(Mill

ion

s)

Famsa USA: Net Sales Famsa USA: Same Store Sales (USD)

Gro

wth

(%)

Famsa USA´s SSS rose 1.0% during 4Q14, contributing positively to the consolidated result

-8%

-3%

2%

7%

1Q

13

2Q

13

3Q

13

4Q

13

1Q

14

2Q

14

3Q

14

4Q

14

$450 $484

$1,644$1,749

4Q13 4Q14 2013 2014

Total: +6.4% (MXN)Total: +2.4% (USD)SSS: +2.4% (USD)

Total: +6.9% (MXN)Total: +1.0% (USD)SSS: +1.0% (USD)

15

Famsa USA: % of Sales by Product Category

100%100%

% o

f Sa

les

Electronics

Appliances

Furniture

Computers

Others

Personal Loans

Famsa to Famsa

Famsa USA: Sales Growth by Product Category (4Q14)

Furniture posted a quarterly increase of 14.3% during the fourth quarter of 2014

Gro

wth

(%)

51.8% 52.7%

18.1% 16.1%

12.0% 12.3%

4.5% 5.7%6.0% 4.7%3.5% 3.8%4.1% 4.7%

2013 2014

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

Co

mp

ute

rs

Ele

ctro

nic

s

Ap

plia

nce

s

Pe

rso

nal

Lo

ans

Fam

sa t

o F

amsa

Furn

itu

re

16

Grupo Famsa: Business Units Grupo Famsa: Retail Area

M2

(Th

ou

san

ds)

Openings and Closures 2014

Nu

mb

er o

f b

usi

nes

s u

nit

s

Banking Branches

Stores Mx

Stores USA

Banking Branches

Stores Mx

Stores USA

Branches to be converted Branches to be

converted

During 4Q14, 7 stores & 7 banking branches opened, in addition to 37 branches converted to banking branches

362 370

25 25

317401

102

4Q13 4Q14

+2.4%

173

898877

430 439

64 64

34 41

7

4Q13 4Q14

551+2.0%540

4Q13 Openings Closures 4Q14

Business Units 877 92 71 898

Stores 387 8 0 395

Famsa Mexico 362 8 0 370

Famsa USA 25 0 0 25

Banking Branches 317 84 0 401

Branches to reconvert 173 0 71 102

ConsolidatedFinancial Results –

Fourth Quarter2014

Others

Consolidated Net Sales

18

Same Store Sales (%)

Consolidated Product Mix

Share of Consolidated Net Sales by Country

Pes

os

(Mill

ion

s)

% o

f Sa

les

Famsa USA

Famsa Mexico

ComputersMobile PhonesElectronics

Appliances

Personal Loans

Furniture

Motorcycles

% o

f Sa

les

Net Sales

1 Excluding foreign exchange effects

4Q13 4Q14 2013 2014

-1.3%

USAMX

$4,360

$15,048

$4,392

$14,856

+0.7%

22% 20%

17% 16%

12% 13%

13% 13%

9% 11%6% 5%6% 6%

15% 16%

2013 2014

4Q14 2014

Total -1.1% -2.1%

Famsa Mexico -1.4% -2.5%

Famsa USA1 +1.0% +2.4%

89% 88%

11% 12%

4Q13 4Q14

19

Gross Profit EBITDA

Net Income

Pe

sos

(Mill

ion

s)

3.8% 5.7%

11.2% 11.6% 12.5% 11.2%

7.6%

Profitability

6.3%

Financial Expenses, net

$310$402

4Q13 4Q14 2013 2014

4Q13 4Q14 2013 2014

-8.8%

4Q13 4Q14 2013 2014

-1.6%

+1.6%

$1,810 $1,839

$6,904 $6,791

MX

USA

+1.6%

MXUSA

+11.7%

+29.7%

-39.6%

+54.1%

$49 $75

$658

$397

4Q13 4Q14 2013 2014

$373 $379

$1,706$1,556

$ 985$1,101

45.7% 8.5% 8.6% 10.5%11.3%41.5% 45.9%41.9%

7.1% 9.2% 6.2% 6.5% 7.4% 1.1% 4.4%1.7% 2.7%

20

Trade Receivables Inventories

Net Debt and Bank Deposits Stockholders´Equity

Bank Deposits

Net Debt

Commercial MxConsumer USA

Consumer Mx

Pe

sos

(Mill

ion

s)

Main Balance Sheet Accounts

$13,930 $14,752

$6,037 $6,096

2013 2014

$17,670 $18,403

$2,657 $2,912$1,840 $2,105

2013 2014

$8,944

$10,316

2013 2014

$2,174 $2,121

2013 2014

-2.4%

+15.3%+4.4%

+5.6%$22,167

$23,420

$19,967$20,847

Guideline 2015

22

Guideline 2015

Openings

2015

Famsa Mexico 14

Banco Famsa 14

Famsa USA 1

Store and Banking Branches

Guide 2015

Consolidates Net Sales $15,750

Growth +6%

Same Store Sales Grow

Famsa Mexico +4%

Famsa USA USD +5%

Sales and EBITDA

Pesos (Millions)

EBITDA $1,720 - $1,800

Growth +10.5% - 15.7%

EBITDA Margin 10.9% - 11.4%

Pesos (Millions)