<SEC-DOCUMENT>0001104659-23-028069.txt : 20230303
<SEC-HEADER>0001104659-23-028069.hdr.sgml : 20230303
<ACCEPTANCE-DATETIME>20230302190111
ACCESSION NUMBER:		0001104659-23-028069
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230302
FILED AS OF DATE:		20230303
DATE AS OF CHANGE:		20230302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEXICAN ECONOMIC DEVELOPMENT INC
		CENTRAL INDEX KEY:			0001061736
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35934
		FILM NUMBER:		23700962

	BUSINESS ADDRESS:	
		STREET 1:		GENERAL ANAYA NO 601 PTE
		STREET 2:		COLONIA BELLA VISTA
		CITY:			MONTERREY, N.L.
		STATE:			O5
		ZIP:			64410
		BUSINESS PHONE:		528183286167

	MAIL ADDRESS:	
		STREET 1:		GENERAL ANAYA NO 601 PTE
		STREET 2:		COLONIA BELLA VISTA
		CITY:			MONTERREY, N.L.
		STATE:			O5
		ZIP:			64410
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm238327d1_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WASHINGTON, DC 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM 6-K</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">REPORT OF FOREIGN PRIVATE ISSUER</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of March 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FOMENTO ECON&Oacute;MICO MEXICANO, S.A.B. DE C.V.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of Registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Mexican Economic Development, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Translation of Registrant&rsquo;s name into English)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">United Mexican States</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Jurisdiction of incorporation or organization)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">General Anaya No. 601 Pte.<BR>
Colonia Bella Vista<BR>
Monterrey, Nuevo Le&oacute;n 64410<BR>
M&eacute;xico</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark whether the registrant files
or will file annual reports</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">under cover of Form 20-F or Form 40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form 20-F  <FONT STYLE="font-family: Wingdings">&#120;</FONT>&nbsp;&nbsp;Form 40-F <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">permitted by Regulation S-T Rule 101(b)(1): _______</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">permitted by Regulation S-T Rule 101(b)(7): _______</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark whether by furnishing the
information contained in this</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form, the registrant is also thereby furnishing
the information to the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Yes <FONT STYLE="font-family: Wingdings">&uml;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
<FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">If &quot;Yes&quot; is marked, indicate below the
file number assigned to the registrant in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">connection with Rule 12g3-2(b): 82-_____________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This report on Form 6-K shall be deemed to be
incorporated by reference into the Amended and Restated Offer to Purchase, dated February 17, 2023, relating to the previously announced
cash tender offers by Fomento Econ&oacute;mico Mexicano, S.A.B. de C.V. (FEMSA)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>CONTENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><A HREF="tm238327d1_ex99-1.htm" STYLE="-sec-extract: exhibit">Exhibit 99.1.&#9;Press release from Fomento Econ&oacute;mico Mexicano, S.A.B. de C.V. (FEMSA), dated March 2, 2023, announcing the total consideration for its previously announced tender offers.</A></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to the requirements of the Securities
Exchange Act of 1934, the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">registrant has duly caused this report to be signed
on its behalf of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%; text-align: center"><FONT STYLE="font-size: 10pt">FOMENTO ECON&Oacute;MICO MEXICANO, S.A.B. DE C.V.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">By: <U>/s/ Eugenio Garza y Garza</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Eugenio Garza y Garza</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Director of Finance and Corporate Development</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: March 2, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm238327d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FEMSA ANNOUNCES THE TOTAL CONSIDERATION FOR
ITS PREVIOUSLY ANNOUNCED TENDER OFFERS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>March 2, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>MONTERREY, MEXICO &ndash; FOMENTO ECON&Oacute;MICO MEXICANO, S.A.B.
DE C.V.</B> (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) (&ldquo;<U>FEMSA</U>&rdquo;) today announced the total consideration for its previously
announced offers to purchase for cash FEMSA&rsquo;s notes of the series set forth in the table below (all such notes, the &ldquo;<U>Notes</U>&rdquo;
and each such series, a &ldquo;series&rdquo; of Notes), for an aggregate purchase price, excluding accrued interest and additional amounts,
if any (the &ldquo;<U>Aggregate Purchase Price</U>&rdquo;), of up to US$2.0 billion (the &ldquo;<U>Tender Cap</U>&rdquo;), subject to
the acceptance priority procedures and proration described in the Offer to Purchase (as defined below) from registered holders of the
Notes (each a &ldquo;<U>Holder</U>&rdquo; and, collectively, the &ldquo;<U>Holders</U>&rdquo;). We refer to our offer to purchase each
series of Notes as an &ldquo;<U>Offer</U>&rdquo; and collectively as the &ldquo;<U>Offers</U>.&rdquo; The Offers are being made pursuant
to the terms and subject to the conditions set forth in the amended and restated offer to purchase dated February 17, 2023 (as amended
or supplemented from time to time, the &ldquo;<U>Offer to Purchase</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following table sets forth certain information about the Offers,
including the total consideration (the &ldquo;<U>Total Consideration</U>&rdquo;) payable for the Notes validly tendered (and not validly
withdrawn) on or prior to 2:00 a.m., New York City time, on March 3, 2023 (such time and date, as the same may be extended with respect
to an Offer, the &ldquo;<U>Early Tender Time</U>&rdquo;), in each case as calculated at 11:00 a.m., New York City time, today, March 2,
2023, and that are validly accepted for purchase by FEMSA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 9%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Notes</B></P></TD>
    <TD STYLE="width: 12%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>CUSIP/ISIN</B></P></TD>
    <TD STYLE="width: 18%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal
    Amount Outstanding</B></P></TD>
    <TD STYLE="width: 8%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Acceptance
    Priority Level</B></P></TD>
    <TD STYLE="width: 12%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Reference
    Security/ Interpolated Mid-Swap Rate</B></P></TD>
    <TD STYLE="width: 12%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Bloomberg
    Reference Page</B></P></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Fixed Spread<BR>

    (basis points)<SUP>(1)</SUP></B></P></TD>
    <TD STYLE="width: 8%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Repurchase
    Yield</B></P></TD>
    <TD STYLE="width: 11%; padding: 1.45pt 2.9pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Total Consideration<SUP>(2)</SUP></B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 1.45pt 2.9pt 6pt; text-align: center"><FONT STYLE="font-size: 10pt">3.500% Senior Notes due 2050<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">344419 AC0 / US344419AC03</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">US$2,500,000,000</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">4.00% U.S. Treasury Note due 11/15/52</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">PX1</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">+ 120</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">5.222%</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">US$752.78</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 1.45pt 2.9pt 6pt; text-align: center"><FONT STYLE="font-size: 10pt">4.375% Senior Notes due 2043</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">344419 AB2 / US344419AB20</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">US$700,000,000</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">4.00% U.S. Treasury Note due 11/15/42</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">PX1</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">+ 120</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">5.448%</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">US$869.57</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 1.45pt 2.9pt 6pt; text-align: center"><FONT STYLE="font-size: 10pt">0.500% Senior Notes due 2028</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">-/ XS2337285519</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">&euro;700,000,000</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">2028 Interpolated Mid-Swap Rate</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">IRSB EU &lt;GO&gt; (Euro Zone) Page, Pricing Source: BGN</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">+ 30</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">3.740%</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">&euro;848.76</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">1.000% Senior Notes due 2033</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">-/ XS2337285865</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">&euro;500,000,000</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">2033 Interpolated Mid-Swap Rate</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 6pt; text-align: center"><FONT STYLE="font-size: 10pt">IRSB EU &lt;GO&gt; (Euro Zone) Page, Pricing Source: BGN</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; text-align: center"><FONT STYLE="font-size: 10pt">+ 70</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">4.010%</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">&euro;751.49</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 4.5pt 0pt 0">__________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 4.5pt 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>The Total Consideration payable per each US$1,000 or &euro;1,000, as applicable, principal amount of each series of Notes validly
tendered for purchase, calculated in accordance with the formulas set forth in Schedule I and Schedule II to the Offer to Purchase, based
on the fixed spread specified in the table above for such series of Notes, <I>plus</I> the yield of the specified Reference Security/
Interpolated Mid-Swap Rate for that series as determined from the Bloomberg Reference Page specified in the table above as of 11:00 a.m.,
New York City time today, March 2, 2023. The Total Consideration for each series of Notes includes an early tender premium in the amount
of US$30 per US$1,000 or &euro;30 per &euro;1,000, as applicable, principal amount of Notes validly tendered on or prior to the Early
Tender Time (and not validly withdrawn) and accepted for purchase pursuant to the Offers (the &ldquo;<U>Early Tender Premium</U>&rdquo;).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>Per US$1,000 or &euro;1,000, as applicable, principal amount of each series of Notes validly tendered on or prior to the Early Tender
Time (and not validly withdrawn) and accepted for purchase pursuant to the Offers.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>The par call date for this series of Notes is July 16, 2049.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Offers will expire at 11:59 p.m., New York City time, on March
16, 2023, unless extended or earlier terminated with respect to an Offer (such time and date, as the same may be extended or earlier terminated
with respect to an Offer, the &ldquo;<U>Expiration Time</U>&rdquo;). In order to be eligible to receive the applicable Total Consideration,
Holders must validly tender (and not validly withdraw) their Notes on or prior to the Early Tender Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Holders of Notes that validly tendered (and not validly withdrawn)
on or prior to the Early Tender Time and whose Notes have been accepted for purchase are entitled to receive the applicable Total Consideration
set forth in the table above, which includes the Early Tender Premium, and to receive accrued and unpaid interest on their accepted Notes
from the last interest payment date to, but not including, the Initial Settlement Date (as defined below), and additional amounts, if
any, as further described in the Offer to Purchase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Tendered Notes can only be withdrawn prior to Early Tender Time, except
as may be required by the applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The initial settlement date on which FEMSA will make payment for Notes
tendered (and not validly withdrawn) on or before the Early Tender Time and accepted in the Offers is expected to be March 7, 2023 (the
 &ldquo;<U>Initial Settlement Date</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Any tendered Notes that are not accepted for purchase will be returned
or credited without expense to the holder&rsquo;s account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The exchange rate used to determine if the Aggregate Purchase Price
exceeds the Tender Cap is US$1.06 per &euro;1.00, calculated as of 11:00 a.m., New York City time today, March 2, 2023, as reported on
Bloomberg screen page &ldquo;FXIP&rdquo; under the heading &ldquo;FX Rate vs. USD.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>* * *</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FEMSA has engaged BofA Securities, Inc. as dealer manager in connection
with the Offers (the &ldquo;<U>Dealer Manager</U>&rdquo;). Global Bondholder Services Corporation is acting as the tender and information
agent for the Offers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This press release is neither an offer to purchase nor a solicitation
of an offer to sell the Notes. The Offers are not being made to Holders in any jurisdiction in which FEMSA is aware that the making of
the Offers would not be in compliance with the laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky
laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to be made on FEMSA&rsquo;s behalf by the
Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Any questions or requests
for assistance regarding the Offers may be directed to BofA Securities, Inc. at (888) 292-0070 (toll-free) or (646) 855-8988 (collect)
or (+44) (207) 996 5420. Requests for additional copies of the Offer to Purchase and related documents may be directed to Global Bondholder
Services Corporation at (212) 430-3774 or (855) 654-2014 (toll-free).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Neither the Offer to Purchase nor any documents related to the Offers
have been filed with, nor have they been approved or reviewed by, any federal or state securities commission or regulatory authority of
any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any documents related to the Offers, and
it is unlawful and may be a criminal offense to make any representation to the contrary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>FEMSA Forward Announcement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The offers described above form an integral part of the series of strategic
initiatives announced by FEMSA on February 15, 2023, as a result of a thorough strategic review of its business platform, including the
bottom-up definition of long-range plans for each business unit, as well as the top-down analysis of FEMSA&rsquo;s corporate and capital
structure. That announcement is available at: https://www.globenewswire.com/news-release/2023/02/15/2609255/0/en/FEMSA-Forward-Announcing-results-of-strategic-review.html.
That announcement does not form part of this communication.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About FEMSA</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">FEMSA is a company that creates economic and social
value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It
participates in the retail industry through a Proximity Division operating OXXO, a small-format store chain, OXXO Gas, a chain of retail
service stations, and Valora, an operator of convenience and foodvenience formats present in 5 countries in Europe. In the retail industry
it also participates though a Health Division, which includes drugstores and related activities and Digital@FEMSA, which includes Spin
by OXXO and OXXO Premia, among other loyalty and digital financial services initiatives. In the beverage industry, it participates through
Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by volume. FEMSA also participates in the logistics
and distribution industry through its Strategic Business Unit, which additionally provides point-of-sale refrigeration and plastic solutions
to its business units and third-party clients. Across its business units, FEMSA has more than 320,000 employees in 18 countries. FEMSA
is a member of the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainability
Index: S&amp;P/BMV Total M&eacute;xico ESG, among other indexes that evaluate its sustainability performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Forward-Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This press release contains forward-looking statements. Forward-looking
statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. No
assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions.
FEMSA undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or
future events or for any other reason.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">3</P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
