Market Overview

UNIFIN Reports 21.5% Increase in Total Revenues Reaching Ps. 4,450 Million in 2Q18

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Total Portfolio Rose 36.0% Y-O-Y

UNIFIN Financiera S.A.B. de C.V. SOFOM, E.N.R. ("UNIFIN" or "the
Company") (BMV:UNIFIN), announces its results for the second quarter
("2Q18"). All figures presented throughout this document are expressed
in millions of Mexican pesos (Ps.). Financial information has been
prepared in accordance with the accounting criteria of the Mexican
National Banking and Securities Commission ("CNBV") and filed with the
Mexican Stock Exchange ("BMV").

2Q18 Highlights

  • Total Revenue increased 21.5% to Ps. 4,450 million in 2Q18.
  • Nominal financial margin increased by 6.7% y-o-y.
  • OPEX as a percentage of total revenues improved to 6.3% in 2Q18 vs.
    6.7% at the close of 2Q17.
  • Net income reached Ps. 406 million in 2Q18.
  • Cash & cash equivalents grew 239.7% reaching Ps. 7,753 million.
  • As of June, 30 2018, total loan portfolio reached Ps. 48,116 million,
    up 36.0% y-o-y.
  • NPL ratio represented 0.84% of the total loan portfolio.
  • Net fixed assets and total assets increased 33.7% and 47.6%,
    respectively, at the close of 2Q18.

Message from the CEO:

During the second quarter, Mexico's main concerns continued to be
related to the national elections and NAFTA negotiations. As we know,
the differences between the political platforms and the postponement in
a resolution of our current trade agreements, continued to cause
economic and political uncertainty. Considering such scenario, we
experienced a significant slowdown in the decision-making process of our
clients, which impacted our origination for the first half of the year.

In light of the aforementioned uncertainties, the Company continued to
apply its conservative risk management strategy, and in the past
quarter, covered its financial requirements from any potential credit
crunch. Through these measures, UNIFIN borrowed a significant amount of
cash from various credit facilities, which directly impacted its
interest expense, therefore the financial margin. We believe this was
the prudent way to proceed given the volatility we saw in the markets.

The outcome of the elections, held on July 1 favored MORENA's candidate,
Andres Manuel Lopez Obrador. Election results aside, we believe this
process demonstrates that Mexico has a true democratic system and we
celebrate the decision made by millions of voters.

We will continue monitoring the newly-elected government's upcoming
steps and await the implementation of new policies in order to identify
and leverage from potential growth opportunities that may arise. At
UNIFIN we are optimistic that the second half of the year will be more
dynamic in terms of economic activity and we will focus on delivering
solid results for our investors.

Luis Barroso, CEO

For a full version of UNIFIN's Second Quarter 2018 Earnings
Release, please visit:

http://unifin.com.mx/ri/en/quarterly_info.php

Conference Call:

Date: Friday, July 20, 2018
Time: 10:00 a.m. Eastern Time
/ 9:00 a.m. Mexico City Time

Presenting for UNIFIN:
Mr. Sergio Camacho - Chief
Financial Officer

Mr. David Pernas – Head of IR & Corporate
Finance

1-877-830-2576 (U.S. participants)
1-785-424-1726
(International participants)

Conference ID: UNIFIN

About UNIFIN

UNIFIN is the leading independent Mexican leasing company, operating as
a non-banking financial services company, specializing in three main
business lines: operating leasing, factoring and auto and other lending.
Through UNIFIN's leasing business line, its core business line, the
Company offers operating leases for all types of equipment and
machinery, various types of transportation vehicles (including cars,
trucks, helicopters, airplanes and other vessels) and other assets in a
variety of industries. Through its factoring business line, UNIFIN
provides liquidity and financing solutions to its customers by
purchasing or discounting accounts receivable and by providing vendor
financing. UNIFIN's auto loans business line is focused on financing the
acquisition of new and used vehicles.

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