Femsa announces accelerated share repurchase agreement

Fomento Economico Mexicano entered into a derivative instrument known as an accelerated share repurchase agreement with a financial institution in the United States of America to repurchase Company’s shares through the acquisition of American Depositary Shares. Under the terms of the ASR agreement, FEMSA (FMX) has agreed to repurchase from such financial institution an aggregate amount of $260M of its ADS. The ASR contemplates an initial delivery of 540,035 ADSs on December 3, 2025. The total number of shares ultimately repurchased under the ASR agreement will be based on the daily volume-weighted average price of the Company’s ADS during the term of the agreement, less a discount. The final settlement of the ASR agreement is expected to be completed, at the latest, in the first quarter of 2026.