FORM 20-F Grupo Casa Saba, S.A.B. de C.V.

Table of Contents
Item 7.
Major Shareholders and Related Party Transactions
We are not directly or indirectly owned or controlled by another corporation or by any foreign government.
Principal Shareholders
All information presented in this section regarding beneficial ownership of our capital stock is based on the number of Ordinary Shares outstanding as of March 31,
2012, which was 265,419,360. As required by Mexican law, the number of Ordinary Shares outstanding is presented net of the number of repurchased Ordinary Shares held in our
treasury as of March 31, 2012, which was 14,729,720. We repurchased these Ordinary Shares in the open market pursuant to our share repurchase program, as described under the
caption “Item 9. Offer and Listing Details—Share Repurchases”. Currently, there are no arrangements known to us that could result in a change of control of the Company.
On May 6, 2008, Mr. Isaac Saba Raffoul, as settler and beneficiary “A”, executed a trust agreement with Ixe Banco, S.A., Institución de Banca Múltiple, Grupo
Financiero Banorte, as trustee, Mrs. Beki Ades Tawil, as beneficiary “B”, and Mr. Manuel Saba Ades and Mr. Alberto Saba Ades both as beneficiaries “C”. In addition to other assets,
the 225,606,456 Ordinary Shares directly owned by Mr. Isaac Saba Raffoul were deposited into Trust F-709. Upon the death of Isaac Saba Raffoul on July 27, 2008, Manuel Saba Ades
and Alberto Saba Ades, sons of Isaac Saba Raffoul became, on an equal basis, the sole beneficiaries of the 225,606,456 Ordinary Shares held by Trust F-709. References in this annual
report to “our controlling shareholder” is to Trust F-709, as direct holder of 225,606,456 Ordinary Shares for the benefit of Manuel Saba Ades and Alberto Saba Ades.
As of March 31, 2012, our controlling shareholder directly held 225,606,456 Ordinary Shares, representing 85% of our issued and outstanding capital stock. As of
April 19, 2012, approximately 11.3% of our Ordinary Shares were held through ADSs by 26 registered holders.
The following table shows information, as of March 31, 2012, regarding the ownership of our capital stock by each person known by us to own or beneficially own
more than 5% of our outstanding capital stock and by each of our directors, executive officers and key employees.
Name
Number of
Ordinary
Shares Owned
Percentage
Stake
Trust F-709 (1) 225,606,456 85.00%
Total 225,606,456 85.00%
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(1) Manuel Saba Ades and Alberto Saba Ades, both of whom are directors of the Company, are the sole beneficial owners, on an equal basis, of the Ordinary
Shares held directly by Trust F-709. The trustee of Trust F-709 is Ixe Banco, S.A. Institución de Banca Múltiple, Grupo Financiero Banorte, División Fiduciaria.
Although minority shareholders have separate minority shareholdes rights, provided in our By-Laws and the Mexican General Corporation Law, in general terms, all
shares entitle their holders to the same rights and impose the same obligations on them. For a description of the nature of the minority shareholders rights, see “Item 10. Additional
Information,” which is includes a summary of our By-laws.
Related Party Transactions
In 2011, we engaged in, and we may continue to engage in, transactions with related parties, including, without limitation, the transactions described
below. Exclusively for purposes of this discussion, the term “related party” includes our affiliates, associates, directors, officers and principal shareholders, as well as affiliates of our
directors, officers and principal shareholders, but does not include our consolidated subsidiaries. Conflicts of interest are inherent in transactions with related parties. See Note 11 to
our audited consolidated financial statements for all of the information that we must make publicly available in Mexico regarding related party transactions.
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