Margarita Paláu-Hernández

In 1988, Margarita Paláu-Hernández founded both Hernandez Ventures, where she currently serves as chief executive officer, and Inter-Con M.R. Servicios de Seguridad Privada S.A. de C.V., where she is the majority shareholder. Hernandez Ventures is a privately held entity engaged in the acquisition and management of a variety of business interests. Inter-Con Mexico is the largest private security firm in Mexico. Prior to founding Hernández Ventures, Ms. Paláu-Hernández was an attorney with the law firm of McCutcheon, Black, Verleger & Shea, where she focused on domestic and international business and real estate transactions from September 1985 until August 1988. Ms. Paláu-Hernández served as United States Representative to the United Nations General Assembly 73rd Session from 2018 to 2019 with the personal rank of Ambassador. She was nominated to serve as an advisor to the U.S. Mission to the United Nations on issues before the U.N. General Assembly. Ms. Paláu-Hernández has served as a director of: Herbalife Nutrition, Ltd. since 2018, where she is member of compensation and environmental, social & governance committees; Conduent Incorporated, a provider of business process outsourcing services, since 2019, where she is chair of the corporate governance committee and a member of the compensation committee; and Occidental Petroleum since 2020, where she is a member of the executive compensation and environmental health & safety committees. Carl C. lcahn has a non-controlling interest in each of Herbalife Nutrition Ltd. and Occidental Petroleum Corporation. From 2015 to 2019, she served as a director of ALJ Regional Holdings, Inc., a company focused on acquiring and operating customer service-based businesses, where she was a member of the compensation, nominating and corporate governance committees. Ms. Paláu-Hernández also currently serves on the following boards: Smithsonian National Latino Board since 2016; Yale School of Management Council of Global Advisors since 2016; Yale School of Management Board of Advisors since 2016; UCLA School of Law Board of Advisors since 2008; and University of San Diego Board of Trustees since 2007.

With over 30 years of experience, Ms. Paláu-Hernández offers to the Board expertise relevant to Xerox, including her significant entrepreneurial experience in setting up two companies and her leadership, global business, and financial expertise from serving on the boards of other public companies.