Bylaws Of Various New State-Owned PEMEX Subsidiaries

On September 4, 2015, the bylaws of certain PEMEX subsidiaries were published in the Federal Official Gazette, namely: (i) Pemex Etileno; (ii) Pemex Perforación y Servicios, and (iii) Pemex Fertilizantes.

The bylaws contain rules for the activities and operation of the three new subsidiaries, as provided in the respective transitory articles of the executive orders that created them, as published in the Federal Official Gazette on April 28, 2015.

Pemex Etileno corporate purposes provide that it will be engaged in: (i) the production, distribution and marketing of methanol, ethanol and propylene derivatives, and (ii) the purchase and trading in domestic and foreign markets of certificates covering greenhouse gas emission rights.