Essential News

• The official inaugural event was held this October 24th with the participation of Alexander Mora, Minister of Foreign Trade.

• Accounting services are supported from Costa Rica to Latin America, United States, Canada and Europe.

San Jose, Costa Rica, October 24th, 2016 – Pfizer Inc. inaugurated its new facilities for the Global Finance Shared Services Center, which endorses its process of growth and expansion in Costa Rica.

As part of that growing process, the Finance Services Center, located in Avenida Escazu, currently employs about 194 people to support the Latina American, United States, Canadian and European markets.

In the last years, Costa Rica has positioned itself as a strong leader in the continent for the establishment of numerous and sophisticated projects in the services sector. For Alexander Mora, Minister of Foreign Trade, the growing success of the country in this sector has been reinforced by the quality of the national professional and technical talent, the consistency of public policies in education and business climate, the overall stability and the strategic location of the country. “This conditions are valuable for both attracting projects from companies that invest for the first time, and also to withstand the expansion of companies that reinvest in Costa Rica, as in Pfizer´s case, which has decided to grow its activities in the country, thanks to the positive results achieved so far. I have reiterated to Pfizer the strong and active commitment with the Administration to continue to manage the elements of the value proposition of Costa Rica in the services sector, "concluded the Minister.

"The availability of professional talent, coupled with the excellent business climate we have experienced in Costa Rica since the site opened three years ago, have given us the confidence to expand our operations here," said Guillermo Azuero, Regional President of Pfizer´s Essential Health for Latin America. "We expect continued success of the business in Costa Rica" Azuero added.

Pfizer´s Finance Services Center in San Jose opened its doors in 2013. Today, the Center provides financial services to several countries in Central and South America, including Argentina, Uruguay, Paraguay, Brazil, Chile, Colombia, Ecuador, Peru, Bolivia, Mexico, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, plus the Caribbean region that includes 29 territories. And more recently, they have included support levels for markets in the United States, Canada, Puerto Rico, as well as around 13 European markets.

Services offered by the Center include vendor payments, invoicing and payments to customers, inventory coordination, and consolidation and management of financial accounting reports.

Jorge Sequeira, Managing Director of CINDE, said "The quality of Costa Rican human talent allows companies like Pfizer to consolidate its growth in the country adding value to their services operations. The opening of this new office is a vote of confidence to Costa Rica and represents a commitment to further improve the competitive conditions that allow to keep adding more jobs to the country."

Pfizer´s local team has executed the finance shared services strategy effectively to centralize, standardize and optimize financial processes, with the purpose of providing quality services at a competitive cost, with the highest quality standards. This represents a significant vote of confidence because of additional responsibilities within the Pfizer´s financial global shared services that have been added to this center.

The company enabled the e-mail address reclutamientocr@pfizer.com for those interested in joining the company. Currently the company is looking for staff with expertise in accounting, finance, payments to suppliers, billing and payments to customers, inventories and fixed assets.

In addition to its Center in Costa Rica, Pfizer has Finance Shared Services Centers in Memphis and Tennessee, United States; Dublin, Ireland; Dalian, China; Prague, Czech Republic; and Cairo, Egypt, with approximately 900 employees throughout its global network of financial shared services.

Working together for a healthier world®

At Pfizer, we apply science and our global resources to bring therapies to people that extend and significantly improve their lives. We strive to set the standard for quality, safety and value in the discovery, development and manufacture of healthcare products. Our global portfolio includes medicines and vaccines, as well as many of the world's best-known consumer healthcare products. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Consistent with our responsibility as one of the world's premier innovative biopharmaceutical companies, we collaborate with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world. For more than 150 years, Pfizer has worked to make a difference for all who rely on us. To learn more, please visit us at www.pfizer.com and follow us on Twitter at @Pfizer and @PfizerNews, LinkedIn, YouTube and like our Facebook page Facebook.com/Pfizer.

For more information

Isabel Sánchez

Pfizer

isabel.sanchez2@pfizer.com

7071-2237

Carlos Morales

CINDE

cmorales@cinde.org

2201-2830