Eugenia is responsible for the systematic factors of the investment strategies, in-house investment valuation methodology, and portfolio management in PAM. She meets with companies on site and attends CEO's conferences. She is a member of the Investment Committee.

Mrs. Pichardo was Managing Director of Acciones y Valores de Mexico, S.A. de C.V., from 1983 to 1993 acting as head and portfolio manager of the International Area. Mrs. Pichardo was also appointed General Director of AcciWorldwide S.A. de C.V. a wholly owned subsidiary of Acciones y Valores de Mexico S.A. de C.V. (the asset management unit of Acciones y Valores, mainly Latam and Closed-end funds in the USA (MXE and Emerging Mexico Fund), as well as other funds in London and Canada and advised approximately US$600m AUM). Accival is a wholly owned subsidiary of Banamex Citigroup. Eugenia is the founding Partner and Chairman of The Board of Directors of PAM (10-year). She is the lead Portfolio Manager in PAM. Eugenia has been the portfolio manager of The Mexico Equity and Income Fund, Inc. (MXE), for the last 22 years since the Fund's inception in September 1990. She was elected President of the Fund on December 2003 and a member of its Board of Directors in 2010. Eugenia has chaired the International Advisory Board of Human Science College of Auburn

University, in Auburn, Alabama for 2009 - 2011. She studied Business Administration at the IBERO University and has completed postgraduate courses in Economics, Accounting and Finance, and in Advanced Valuation and Value Creation Measurement from the ITAM University. Eugenia Pichardo is a CFA candidate and holds the Mexican Advisory Certification from the Mexican Association of Securities Intermediaries (AMIB).