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FEMSA ANNOUNCES IN CONNECTION WITH TENDER OFFERS

17 FEBRUARY 2023


Full announcement available via Euronext.


"MONTERREY, MEXICO, February 17, 2023 – FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has amended and restated the offer to purchase dated February 16, 2023 (the “Original Offer to Purchase”) in connection with its previously announced offers to purchase for cash (the “Offers”) FEMSA’s notes of the series set forth in the table below (all such notes, the “Notes” and each such series, a “series” of Notes), for an aggregate purchase price, excluding accrued interest and additional amounts, if any of up to US$2.0 billion, in order to correct a typographical error in the fixed spread and hypothetical total consideration for each of the 0.500% Senior Notes due 2028 and the 1.000% Senior Notes due 2033. The table below reflects the correct fixed spread and hypothetical total consideration for each of the 0.500% Senior Notes due 2028 and the 1.000% Senior Notes due 2033."



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"Except as described in this press release, all other terms of the Offers as described in the Original Offer to Purchase

remain unchanged. FEMSA has prepared an amended and restated offer to purchase, dated February 17, 2023 (as

may be amended or supplemented from time to time, the “Offer to Purchase”) that reflects the changes described in

this press release."

 

FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has commenced offers to purchase for cash (the “Offers” and, individually, an “Offer”) FEMSA’s notes


16 FEBRUARY 2023


Full announcement available via Euronext.


MONTERREY, MEXICO – FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has commenced offers to purchase for cash (the “Offers” and, individually, an “Offer”) FEMSA’s notes of the series set forth in the table below (all such notes, the “Notes” and each such series, a “series” of Notes), for an aggregate purchase price, excluding Accrued Interest (as defined below) and Additional Amounts (as defined below), if any (the “Aggregate Purchase Price”), of up to US$2.0 billion (the “Tender Cap”), subject to the acceptance priority procedures and proration described herein from each registered holder of the Notes (each a “Holder” and, collectively, the “Holders”).

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