As in previous years, Latin Trade Group hosted a private welcome reception for the BRAVO Business Award honorees, past winners

and special guests. Th e event was held at the Intercontinental Hotel in Miami.

PH

OT

OG

RA

PH

S B

Y A

LE

X G

OR

T P

RO

DU

CT

ION

S

LATIN TRADE SYMPOSIUM & THE 18 TH ANNUAL BRAVO BUSINESS AWARDS

1. Alia Orane, daughter of Douglas Orane, Douglas Orane, Non-Executive Chairman, GraceKennedy Ltd., Zahra Orane, daughter of Douglas Orane; 2. Andrés Otero, Market Leader Latin America, Kroll Advisory Solutions,;Robert Brenner, Senior Managing Director and Practice Leader, Kroll Advisory Solutions; Recaredo Romero, Colombia Country Manager, Kroll Advisor Solutions; 3. Juan Benavides, CEO, Falabella, María Angélica Jaramillo, Guest of Juan Benavides; Julio Velarde, Governor, Central Bank of Peru; 4. Pamela Cordova, Copa Airlines, Sales Manager; Patricia Roquebert, Copa Airlines Marketing Regional manager; Daniel Verón, Managing Director, Advertising International; María Cristina Restrepo, Sales Representative Colombia and Panama, Latin Trade Group; 5. Mario Pinasco, Executive President, Crowne Plaza Lima; Margot Pinasco, Executive Director, Crowne Plaza Lima, Clay Sawyer, Director of Marketing Latin America & Caribbean, InterContinental Hotels Group; 6. Andrés Gluski, President and CEO, The AES Corporation, Scarlett Álvarez, Vice President Chief Stakeholder, The AES Corporation; Nelson Ortiz, President, Galisteo Investments; Guillermo Zuloaga, President, Globovisión.

Every year Latin Trade Group gathers the Latin American and Caribbean most influential business and government leaders during the Latin Trade Symposium, a one day forum of discussion focusing on Building the New Latin America preceding the annual BRAVO Business Awards. The signature event has recognized excellence and leadership in government, business and social contributions in the region during the past 18 years.

Welcome reception

and theTHE

1

3

2

4

5 6

Latin Trade Symposium

Th e annual Latin Trade Symposium begins with the private CEO

Roundtable that brings together the presidents of some of the most

important Latin American companies. Th e Symposium has become

the venue par excellence through which to view regional problems

and opportunities through the eyes of business and government

leaders. Th is year the Roundtable discussed the avenues that can lead

to the achievement of fully sustainable enterprises.

Th e 2012 Latin Trade Symposium posed challenging issues for

discussion on Building of the New Latin America. A fi rst plenary panel

addressed the question of how to become a winning multilatina in a new

commercial landscape and in a highly competitive environment.

A second panel identifi ed ways to leverage the impact of global power

shifts on Latin American growth. Th ey underlined the changes required

in leadership and the acquisition of corporate knowledge in order to profi t

from the new trends. In a mid-day keynote address Felipe Larraín, Chile’s

Finance Minister, described the road that his country has followed in

recent years to reach the goal of becoming Latin America’s fi rst developed

nation. Th e conference program was fi nalized with a lunch session that

explored the future of governance in the region. Th e speakers discussed

how the new political landscape and new political forces are changing the

ways of doing business.

1. Attendees at the Latin Trade Symposium. 2. Luanne Zurlo, President and Founder, Worldfund; Jordi Soley Climent, Director General, Expresso Bibliográfi co; 3. Jorge Becerra, Senior Partner and Managing Director, The Boston Consulting Group; 4. Damian Chan, International Director for the Americas, Singapore Economic Development Board; 5. Poul Hestbaek, Senior Vice President Caribbean and Latin America, Hamburg Sud; Mariela García, Hamburg Sud; Carlos José Fabri, Country Manager Caribbean and Latin America West Coast, Hamburg Sud; 6. Susan Segal, President and CEO, Americas Society/Council of the Americas; 7. Andrew Vesey, COO, The AES Corporation; 8. Richard Burns, Chairman, Latin Trade Group; Felipe Larraín, Minister of Finance, Chile; Jorge Rosenblut, President, Endesa Chile; Juan Benavides, CEO, Falabella; Juan Luis Nilo, Consul General of Chile.

1

32

64 5

7 8

9. Fred Hochberg, Chairman and President, Ex-Im Bank; 10. Juan Pablo del Valle, Chairman of the Board, Mexichem SAB; 11. Enrique García, President and CEO, CAF - Banco de Desarrollo de América Latina; 12. Jerónimo Correa Braun, Senior Vice President, HSBC Private Bank; Jorge Escobar, Senior Vice President, HSBC Private Bank; 13. Felipe Larraín, Minister of Finance, Chile; 14. David Rothkopf, President and CEO, Garten Rothkopf; 15. Federico Restrepo Posada, EPM, Autopistas para la Prosperidad de Colombia; 16. Hans Hickler, CEO Asia Pacifi c, Agility; Lorena García-Durán, Director South Florida, Ashoka; 17. Rosemary Winters, Executive Director, Latin Trade Group; José Tomás, President LATAM & Caribbean, Burger King; 18. Rob Steigerwald, COO Americas Southern Region, Marriott International; 19. José Luis Sánchez Castro, President Latin America North, SAS Institute; 20. Andrés Gluski, President and CEO, The AES Corporation; Gilberto Rivera, Vice President, Area Sales - Latin America Freight Forwarding, UTI; Nilda M. De Boyrie, Vice President and Branch Manager Latin America Center, Charles Schwab; 21. John Price, Contributing Editor, Latin Trade magazine; 22. Ferdinand Kurt, Regional CEO Americas, Panalpina.

9

Latin Trade Symposium and 18TH Annual BRAVO Business Awards 1. Juan Benavides, CEO, Falabella; 2. Douglas Orane, Non-Executive Chairman, GraceKennedy Ltd.; 3. Alejandro Ramírez Magaña, CEO, Cinépolis; 4. Raúl Calfat, CEO, Votorantim; 5. Carlos Slim Domit, Chairman of the Board, Telmex, Grupo Carso, Grupo Sanborns, and CoChairman, América Móvil; 6. Andrés Gluski, President and CEO, The AES Corporation; 7. David Bojanini García, CEO, Grupo Sura; 8. Julio Velarde, Governor, Central Bank of Peru; 9. The winners of the 2012 BRAVO Awards.

The 18th annual BRAVO Business Awards ceremony Th e 2012 BRAVO Business Awards were received by an

outstanding group of corporate and government leaders. Th ose

recognized for excellence in business, government and social

activities were Sebastián Piñera, President of Chile; Julio Velarde,

President of the Central Bank of Peru; corporate presidents Juan

Benavides of Falabella, David Bojanini of Grupo Sura, Raul

Calfat of Votorantim, Andrés Gluski of AES, Alejandro Ramírez

of Cinépolis, Carlos Slim Domit of Grupo Carso and Sanborns,

and the social entrepreneur Douglas Orane. Al of the winners

have a single trait in common: they brought dynamism to the

growth of their countries, their companies and their projects.

Sebastián Piñera and Julio Velarde deserve much of the credit for

the economic success of their countries. Th is year’s distinguished

honorees were represented by an outstanding group of corporate

leaders that have set out on a path of internationalization that

calls for higher levels of entrepreneurial sophistication. All have

become true global players.

876

9

43

5

1 2

18TH Annual BRAVO Business Awards Gala 10. Herman Bern, President, Bern Panama, Miriam Bern, wife of Herman Bern; 11. Alex Russell, Vice President Finance Latin America, Emerson Latin America; Juan Donoso, Strategic Planner Latin America, Emerson Latin America; Adriana Aristizábal, Guest of Anuar Barake; Anuar Barake, Vice President Latin America, Emerson Industrial Automation; Karina Bernoti, Guest of Alex Russell ; Lauren Donoso, Guest of Juan Donoso; 12. Ricaurte Vásquez, Vice President Government Affairs and Public Policies, General Electric; Amanda O’Mealley, Guest of Ricaurte Vásquez; 13. Guillermo Cortina, Managing Director Latin America, Bank of America; Astrid Carati, Guest of Guillermo Cortina; Carlos Ibáñez, Managing Director, Bank of America; Gerardo Obregón, Director, Bank of America; 14. Pamela Córdova, Copa Airlines, Sales Manager; Marvin Santos, Sales Executive, Copa Airlines; 15. Claudio Fiorillo, Partner and Human Capital Lead for Argentina, Deloitte; Michel Chancy, Secretary of State for Animal Production in the Ministry of Agriculture, Haiti; 16. Soraya Ramírez, Marketing Manager, ARES Distributors; Juan David Ariza, Vice President Latin America, ARES Distributors; Reyna Mora, Trade Marketing Manager, ARES Distributors; 17. Dolores Figueras Iraola, wife of Fernando Iraola; Fernando Iraola, CEO Latin America and Mexico, Citi Group; Paloma Blanco, wife of José Antonio Blanco; José Antonio Blanco, CEO, Citi Peru.

18TH Annual BRAVO Business Awards Gala 1. Nelson Telemaco, Vice President Client Management Group, AIG; Mercedes Fernández, Business Development Manager, Latin Trade Group; Enrique García, President and CEO, CAF -Banco de Desarrollo de América Latina; Elzbieta Pruszynska, President, Ice Branded Content; Jaime Cohen Szulc, President, Goodyear Latin America; Emilio Fortou, Regional Business Leader Global Commercial Expansion Team, Visa; Luisa Fortou, wife of Emilio Fortou; 2. Clay Sawyer, Director of Marketing Latin America & Caribbean, InterContinental Hotels Group; Paula Casás, Manager Marketing Programs Latin America & Caribbean, InterContinental Hotels Group; 3. Jorge Becerra, Senior Partner and Managing Director, The Boston Consulting Group; Sonia Dula, Managing Director Latin America Wealth Management, Merrill Lync; David Bojanini García, CEO, Grupo Sura; María Cristina Restrepo, Sales Representative Colombia and Panama, Latin Trade Group; 4. Juliana Miranda, guest of Paul Adan; Paul Adan, Vice President Development Caribbean and Latin America, Marriott International, Inc.; Cristina Vyaina, guest of Javier Marquina; Javier Marquina, Partner, SMM Property Advisors; 5. Enrique Ramírez Villalón, Cinépolis, Alejandro Ramírez Magaña, CEO, Cinépoli; Bernardo Martín del Campo, Cinépolis; 6. Fernando Sánchez, International Regional Manager Latin America, Charles Schwab; Diana Jaramillo, guest of Fernando Sánchez; Emile De Boyrie, guest of Nilda De Boyrie; Nilda De Boyrie, Vice President & Branch Manager Latin America, Charles Schwab.

21

4

65

3

18TH Annual BRAVO Business Awards Gala 1. Francisco Aristeguieta, CEO, Citi Group; Felipe Larraín, Minister of Finance, Chile; Enrique García, President and CEO, CAF -Banco de Desarrollo de América Latina; 2. Joseph Audi, Chairman and CEO, Interaudi Bank; Bishop Georges Abiyounes, Guest of Joseph Audi; Carlos Slim Domit, Chairman of the Board, Telmex, Grupo Carso, Grupo Sanborns, and CoChairman, América Móvil; 3. Silvia Clarke, Senior Account Manager, Latin Trade Group; Mary Anne Young, Senior Vice President, Hamburg Sud; Jeffrey Young, Guest of Mary Anne Young; 4. Scarlett Álvarez, Vice President Chief Stakeholder, The AES Corporation; Brian Miller, Executive Vice President, General Counsel, The AES Corporation; Andrew Vesey, COO, The AES Corporation; Adriana Gluski, wife of Andrés Gluski; 5. Barbara Haar, Guest of Jerry Haar;Jerry Haar, Director, Professor and Research Fellow, FIU, College of Business; Florencia Jiménez Marcos, Managing Partner, Biscayne Bay Group; Xavier González-Sanfeliu, Managing Partner, Alsis Funds; Carmen González-Sanfeliu, Regional Vice President of Sales Latin America, Intelsat; 6. María Lourdes Gallo, Publisher, Latin Trade; Raúl Calfat, CEO, Votorantim; Katia Bouazza, Managing Director, HSBC.

1 2

5

3 4

6