FEMSA to Repurchase Up to $280mln of ADS Under Accelerated Share Repurchase Agreement

FEMSA has entered into a new accelerated share repurchase agreement with a US financial institution to repurchase up to $280 million of its American Depositary Shares through the acquisition of ADS. The final number of ADS repurchased will be based on the daily volume-weighted average ADS price during the agreement term, subject to market conditions and delivered at maturity. The settlement is expected to occur before year-end 2026.