FMX News & Events

Femsa announced that it has completed the separation of the Grupo Nos joint venture in Brazil with Raizen S.A. As a result of this transaction, Femsa retained the OXXO stores in Brazil, as well as the distribution center located in Cajamar, Sao Paulo. The remaining assets and liabilities of Grupo Nos have been allocated between Femsa and Raizen in accordance with their business.

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 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.