FEMSA schedules shareholder meetings, proposes dividend increase

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it will hold its Annual Ordinary Shareholders' Meeting and an Extraordinary Shareholders' Meeting on March 27, 2026, in Monterrey, Nuevo Leon, Mexico.

FEMSA's Board of Directors proposed increasing ordinary dividends per unit by 3.7% compared to 2025, according to the company's press release. The proposal includes four quarterly installments of Ps. 0.9900 per FEMSAUB unit and Ps. 1.1880 per FEMSAUBD unit (Ps. 11.88 per ADS).

The board also proposed an extraordinary dividend to be paid in four quarterly installments of Ps. 1.679125 per FEMSAUB unit and Ps. 2.014925 per FEMSAUBD unit (Ps. 20.14925 per ADS), with distribution starting in April 2026.

The company stated the ordinary dividend increase aligns with inflation in Mexico. Detailed proposals for meeting agenda items and nominees for FEMSA's Board of Directors and committees will be available on the company's website.

FEMSA operates in the retail industry through its Proximity Americas Division, which includes OXXO stores, and Proximity Europe, which includes Valora. The company also operates a Health Division with drugstores and Spin digital financial services. In beverages, FEMSA participates through Coca-Cola FEMSA. The company employs more than 392,000 people across 18 countries.

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