JULY 19, 2018KIMBERLY-CLARK DE MXICO, S.A.B. DE C.V.

SECOND QUARTER 2018RESULTS

HIGHLIGHTS:- SECOND QUARTER SALES GREW 10.2% TO A RECORD PS. $10.6 BILLION

- GROSS AND OPERATING MARGINS EXPANDED YEAR OVER YEAR 60 AND 50 BASIS POINTS, RESPECTIVELY

- SIGNIFICANT RAW MATERIAL COST PRESSURE CONTINUED

- EBITDA GREW 10.3% TO PS.$2.4 BILLION

- COST SAVINGS OF $350 MILLION DURING THE QUARTER

QUARTERLY FINANCIAL RESULTS

PREPARED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)MILLION PESOS

2Q'18 2Q'17 CHANGENET SALES $10,589 $9,606 10.2%

GROSS PROFIT 3,815 3,399 12.2%OPERATING PROFIT 2,036 1,797 13.3%

NET INCOME 1,100 1,013 8.6%EBITDA 2,439 2,212 10.3%

NET SALES WERE 10.2% HIGHER THAN PREVIOUS YEAR. THE PRICE INCREASES IMPLEMENTED OVER THE PAST TWELVE MONTHS, TOGETHER WITH A SLIGHTLY BETTER MIX, CONTRIBUTED 6.8% WHILE VOLUME GREW 3.4%.CONSUMER PRODUCT REVENUES INCREASED 6.2%, AWAY FROM HOME GREW 12.3% AND EXPORTS INCREASED 86.7%.GROSS PROFIT GREW 12.2% AND THE MARGIN INCREASED 60 BASIS POINTS YEAR OVER YEAR TO 36.0%. PRICES OF RAW MATERIALS CONTINUE TO INCREASE, PARTICULARLY VIRGIN FIBERS, OIL DERIVATIVES AND SUPERABSORBENT MATERIALS WHICH HAVE INCREASED SIGNIFICANTLY, IN DOLLARS, OVER THE PAST EIGHTEEN MONTHS. ENERGY AND NATURAL GAS PRICES AS WELL AS THE AVERAGE PESO-DOLLAR PARITY ALSO COMPARED NEGATIVELY ADDING TO THE PRESSURE. ON THE POSITIVE SIDE, WE ACHIEVED EFFICIENCIES FROM HIGHER VOLUMES AND OUR COST REDUCTION PROGRAM YIELDED MORE THAN PS. $350 MILLION OVER THE QUARTER.

OPERATING EXPENSES WERE IN LINE YEAR OVER YEAR AS A PERCENTAGE OF SALES AT 16.8%. WE CONTINUE TO SUPPORT OUR BRANDS AND INNOVATIONS WITH EFFICIENT ADVERTISING AND PROMOTIONAL ACTIVITIES.

OPERATING PROFIT INCREASED 13.3% AND MARGIN WAS 19.2%, A YEAR ON YEAR INCREASE OF 50 BASIS POINTS.

EBITDA INCREASED 10.3% TO PS. $2.4 BILLION IN THE QUARTER.

COST OF FINANCING WAS PS. $455 MILLION IN THE SECOND QUARTER, COMPARED TO PS. $300 MILLION IN THE SAME PERIOD OF LAST YEAR. INTEREST EXPENSE WAS HIGHER FROM INCREASED DEBT AND HIGHER INTEREST RATES. A FOREIGN EXCHANGE LOSS IN THE PERIOD OF PS. $93 MILLION COMPARED TO AN EXCHANGE GAIN OF PS. $1 MILLION IN THE PREVIOUS YEAR.NET INCOME INCREASED 8.6% AND EARNINGS PER SHARE FOR THE QUARTER WERE $0.36. DURING THE LAST TWELVE MONTHS, WE INVESTED PS. $2,212 MILLION IN CAPEX AND PAID PS. $4,872 MILLION PESOS TO OUR SHAREHOLDERS.

AS OF JUNE 30, THE COMPANY HELD PS. $7.5 BILLION IN CASH AND EQUIVALENTS. TOTAL NET DEBT AS OF JUNE 2018 WAS PS. $15.0 BILLION, COMPARED TO PS. $14.3 BILLION ON DECEMBER 2017. LONG-TERMDEBT COMPRISED 93% OF TOTAL DEBT AND ALL DEBT WAS DENOMINATED IN MEXICAN PESOS.

DURING THE QUARTER THE COMPANY ENTERED INTO A PS. $3.0 BILLION TERM LOAN AGREEMENT. THE PRINCIPAL WILL BE AMORTIZED IN TWO INSTALLMENTS, ON YEARS FIVE AND EIGHT.IN DOLLARS, UNDER US GAAP, NET SALES INCREASED 9% IN THE QUARTER, OPERATING PROFIT INCREASED 11% AND NET INCOME INCREASED 5%.

SHARE BUYBACK PROGRAM YEAR TO DATE

2018

2017SHARES REPURCHASED - 3,141,564YTD FINANCIAL RESULTS

MILLION PESOS6M'18 6M'17 CHANGE

NET SALES $20,796 $19,136 8.7%GROSS PROFIT 7,541 6,784 11.2%

OPERATING PROFIT 4,056 3,625 11.9%NET INCOME 2,307 2,108 9.4%

EBITDA 4,876 4,476 8.9%FINANCIAL POSITION

MILLION PESOSAS OF JUNE

2018 2017ASSETS

CASH AND CASH EQUIVALENTS $ 7,510 $ 6,261

TRADE AND OTHER RECEIVABLES 7,531 6,353

INVENTORIES 3,677 3,442

PROPERTY, PLANT AND EQUIPMENT 17,838 17,005

DERIVATIVE FINANCIAL INSTRUMENTS 3,708 2,858

INTANGIBLEASSETS AND OTHERS 3,352 3,517

TOTAL $43,616 $ 39,436LIABILITIES AND EQUITY

BANK LOANS CURRENT$ 230 $ 175

CURRENT PORTION OF LONG TERM DEBT 1,500 -

TRADE PAYABLES 5,8594,863

EMPLOYEE BENEFITS 954 885

DIVIDENDS PAYABLE 31 3,685

CAPITAL REIMBURSEMENT 3,656 -

PROVISIONS AND OTHER LIABILITIES 1,974 1,903

CURRENT INCOME TAX PAYABLE 320 143

LONG TERM DEBT 24,469 21,894DEFERRED TAXES 858 1,333

OTHER LIABILITIES 491 432EQUITY 3,274 4,123

TOTAL $43,616 $ 39,436CASH FLOW

MILLION PESOSSIX MONTHS ENDED JUNE2018 2017PROFIT BEFORE TAX $3,303 $3,049

DEPRECIATION 819 851OTHER 754 576

CASH USED IN OPERATIONS (2,072) (2,656)NET CASH FLOW FROM OPERATING ACTIVITIES 2,804 1,820

CAPITAL EXPENDITURES (1,093) (1,460)REPURCHASE OF SHARES

- (110)

BORROWINGS 3,035 3,163DIVIDENDS AND CAPITAL REIMBURSEMENT (1,218) (1,218)

PAYMENT OF BORROWINGS & NET INTEREST (690) (3,074)NET INCREASE (DECREASE) IN CASH 2,838 (879)

EFFECT OF EXCHANGE RATE CHANGES ON CASH (2) (321)

CASH AND EQUIVALENTS AT THE BEGINNING OF PERIOD 4,674 7,461

CASH AND EQUIVALENTS AT THE END OF PERIOD 7,510 6,261

CONFERENCE CALL INFORMATION

THE 2Q'18 CONFERENCE CALL WILL BE HELD ON FRIDAY, JULY 20, 2018 AT 9:30 AM EASTERN TIME(8:30 AM CENTRAL TIME / MEXICO TIME). TO PARTICIPATE IN THE CALL, PLEASE DIAL: US +1(888) 318-6429, INTERNATIONAL +1(334) 323-7224; CONFERENCE ID: KIMBERLY.A REPLAY OF THE CONFERENCE CALL WILL BE AVAILABLE THROUGH JULY 27, 2018. TO ACCESS THE REPLAY,PLEASE DIAL US +1(877) 919-4059, INTERNATIONAL +1(334) 323-0140; CONFERENCE ID: 60620990

KIMBERLY-CLARK DE MXICO S.A.B. DE C.V. IS A MEXICAN COMPANY THAT MANUFACTURES AND COMMERCIALIZES BRANDED CONSUMER PRODUCTS SUCH AS DIAPERS, FEMININE PADS, BATH TISSUE, NAPKINS, FACIAL TISSUE, PAPER TOWELS, WET WIPES AND SOAP. WE ARE MARKET LEADERS IN ALMOST ALL OF OUR CATEGORIES WITH BRANDS SUCH AS HUGGIES, KLEEN-BEB, KLEENEX, KIMLARK, PTALO, COTTONELLE, DEPEND, KOTEX, EVENFLO AND ESCUDO.

INVESTOR RELATIONS CONTACTAZUL ARGELLES

TEL: (5255) 5282-7204AZUL.ARGUELLES@KCC.COM