Grupo Traxión, S.A.B. de C.V.

Hello and welcome to the Grupo Traxión 3Q26 conference hall. At this time, all participants are in a listen-only mode. A question and answer session will follow a formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note that this conference is being recorded. I will now turn the conference over to Aby Lijtszain, Executive President. Thank you.

Good morning everyone, and thank you for joining us today. During the third quarter, Traxión continued to operate in a complex business environment, characterized by elevated fuel costs, an ongoing macroeconomic and geopolitical uncertainty. These factors have affected the conditions across our industry, reinforcing the importance of financial discipline, operational efficiency, and a consistent focus on execution. Against this backdrop, Our priorities remain clear. Enhance operational performance, optimize our structure, and strengthen the fundamentals of our business to support sustainable long-term growth. We recognize that certain areas of our operations present opportunities for improvement, and we are actively addressing them through targeted initiatives aimed at increasing efficiency, improving profitability, and reinforcing accountability across the organization. At the same time, we continue to monitor external developments and adapt our operating strategies as market conditions evolve. Regarding foreign exchange, the Mexican peso has depreciated by more than 1.5 pesos against the U.S. dollar in recent weeks. However, this movement had no meaningful impact on our third quarter results. If this recent movement prevails, we expect some improvement in the coming months, particularly in the portion of our revenues denominated in dollars. Turning to a recent tender offer for our shares, The transaction launched on September 22nd was completed last week. The offer was designed to provide shareholders with an orderly and transparent liquidity alternative under prevailing market conditions. Approximately 50% of Traxión's outstanding shares were tendered and acquired through the transaction. Finally, looking ahead, we maintain a disciplined approach to managing the business. While the timing and pace of an improvement in market conditions remain uncertain, our strategic priorities are firmly established. We will continue to focus on operational excellence, cost efficiency and initiatives that strengthen our competitive position. We believe these efforts will enhance our ability to navigate the current environment while positioning Traxión to capture opportunities as industry conditions improve. Thanks for your attention. I will now hand over to the rest of the team.

Thanks, Aby. Good morning, everyone, and thank you for joining us. During the third quarter, We continue to execute our operational priorities while navigating a challenging transportation and logistics environment. Freight volumes remain under pressure, and we are seeing shifts in manufacturing activity, particularly in the automotive and electronic sectors. While pricing conditions have improved modestly, elevated fuel costs and subdued volumes continue to weigh on the pace of recovery. Against this backdrop, our focus remains on what we can control. Operational efficiency, commercial execution, asset productivity, and cost discipline. Starting with our cargo division, revenue increased 8.6% year-over-year, or 167 million pesos, supported by modest improvements in market conditions since June and the launch of new operations with customers in the consumer and e-commerce sectors. Importantly, we completed the restructuring of the division, establishing a leaner and more efficient operating model. This structure positions us to improve asset utilization, optimize our commercial resources, capture operational synergies, and reduce our cost base. Revenue per kilometer improves year over year, despite a drop in volumes. However, higher fuel costs continue to pressure profitability. Our priority is to translate these pricing improvements and structural efficiencies into stronger operating performance as volumes recover. Turning to logistics, revenue increased more than 10% year over year. We are now focused on capturing additional synergies improving operating efficiencies and leveraging our expanded capabilities to deepen customer relationships and support profitable growth In mobility of people, revenue grew 4.1% year over year, primarily supported by new customer operations in Monterrey and the Bahia region. We also advanced our fleet refurbishment program, which allows us to enhance service capacity and extend asset productivity while limiting incremental capital expenditures. This approach provides flexibility to pursue new business opportunities without materially increasing capital intensity. Looking ahead, While we remain cautious about the timing of a broader market recovery, we are encouraged by our commercial pipeline and the progress made across our operating platform. With this, I end my remarks. Thank you. Will please go ahead.