GIS® Announces the Global Launch of the New Brand Named Draxton® to Consolidate the Autoparts Segment

• Draxton® becomes an important global auto parts producer with
  2017 sales of US$ 608 M, excluding Joint Ventures.
• New identity and branding marks a major stage of GIS’ auto parts
  global synergy program.
• Management to host conference call on April 10, 10am Central Time /
  11am Eastern Time to discuss Draxton® and its global strategy.

SALTILLO, Mexico–(BUSINESS WIRE)–Grupo Industrial Saltillo, S.A.B. de C.V. (BMV: GISSA) (“the Company”,
“GIS®”, “GISSA”, “the Group” or “the Issuer”) a Mexican multinational
industrial conglomerate serving the automotive market, with a strong
presence in the construction and housewares sectors, today announced the
consolidation of the three auto parts businesses, CIFUNSA, ACE and
INFUN, into one unit named Draxton® with the logo visible on this press
release.

Effective today, Draxton® will be the name of the new consolidated unit
and the brand name for all of the unit’s products. Draxton®, along with
our joint ventures, will serve more than 50 customers in the automotive
industry in 6 countries that represent the main markets for the sector.
The capacity of the GIS® Auto Parts Sector will exceed 550k tons of iron
casting, 10k tons of aluminum casting and 15 million machined parts to
supply global platforms.

Jose Manuel Arana, Chief Executive Officer of GIS, stated, “The
formation of Draxton® marks the culmination of a key stage in our
globalization strategy. By unifying our original auto parts
business, CIFUNSA®, with two recent acquisitions ACE® and INFUN®, we
expanded our presence to Europe and Asia. In Draxton®, we are
capitalizing on synergies, implementing shared best practices, and
creating a new global brand in the automotive industry. For GIS®,
this will be our core business that today generates 70% of the Group’s
revenues.”

Draxton® and GIS® JVs will continue to be led by Jorge Rada, Global
Director since 2016, who has more than 25 years of experience in the
automotive industry. This division consists of more than 4 thousand
employees, 14 plants and 3 world-class Research & Development centers
known globally as Draxton 4 Competitiveness (DC4).

Arana added, “We feel very proud to achieve the integration of our
auto parts businesses into Draxton®. This new identity will show the
strength, capabilities and global presence of our business to our
customers. The integration of our talented, multicultural team under one
unified identity will allow Draxton® to emerge as a global player in the
auto industry.”

GIS will begin reporting the results of Draxton®, which will
reflect the consolidated results of the former CIFUNSA®, ACE® and
INFUN®, as well as continue reporting by geographic region, NAFTA and
Europe + Asia. For more information on Draxton®, please visit: www.draxton.com

Management will host a conference call to discuss the launching of
Draxton® on April 10, 2018 at 10am Central Time / 11am Eastern
Time. To participate in the call, please dial: 001-800-514-6145 Toll
Free Mexico, 1-877-888-4312 from within the U.S. and +1-785-424-1876
from outside the U.S. Passcode: GIS

A replay will be available following the conclusion of the call for 7
days by dialing: 1-844-488-7474 from within the U.S. and +1-862-902-0129
from outside the U.S.; Access Code 87315629.

About Grupo Industrial Saltillo

Grupo Industrial Saltillo manufactures and commercializes auto-parts
(iron or aluminum foundry and machining), Construction (water heaters,
pipe fittings, ceramic and porcelain coverings) and Houseware (tableware
and kitchenware products) Sectors.

Grupo Industrial Saltillo brings together the talent of 8,000 employees
in 25 production units, with operations in Mexico, Spain, the Czech
Republic, Poland, Italy, and China; as well as market and distribution
presence in the USA.

This release may contain certain statements and forward looking
information about Grupo Industrial Saltillo S.A.B. de C.V. and its
subsidiaries (collectively, the "Company") which are subject to risks
and uncertainties that may cause the results of the Company to differ
materially from the current management´s expectations. These risks and
uncertainties include, without limitation: the development of new
products and their commercialization, demand and acceptance of the
Company´s products, products and prices of the competitors, economic
conditions in the markets and geographic regions of the Company´s
products, as well as foreign currency fluctuations.

For additional information visit www.gis.com.mx.

Contacts

Grupo Industrial Saltillo, S.A.B. de C.V.
Mario Guzman,
+52 (844) 411-1031
CFO
[email protected]
or
Saul
Castañeda, +52 (844) 411-1050
IR Director
[email protected]
or
Patricio
Gonzalez, +52 (844) 411-1049
Treasury Director
[email protected]