<SEC-DOCUMENT>0001104659-24-068362.txt : 20240605
<SEC-HEADER>0001104659-24-068362.hdr.sgml : 20240605
<ACCEPTANCE-DATETIME>20240604183310
ACCESSION NUMBER:		0001104659-24-068362
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240604
FILED AS OF DATE:		20240605
DATE AS OF CHANGE:		20240604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEXICAN ECONOMIC DEVELOPMENT INC
		CENTRAL INDEX KEY:			0001061736
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		ORGANIZATION NAME:           	04 Manufacturing
		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:		241020017

	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>tm2416449d1_6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

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

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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of June 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Commision File Number 005-81586</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"><B>FOMENTO ECON&Oacute;MICO MEXICANO, S.A.B. DE
C.V.</B></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: 14pt 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">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-indent: 0.5in">Indicate by check mark whether the registrant files
or will file annual reports 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">x</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">&nbsp;</P>

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

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<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; text-align: center">&nbsp;</P>


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<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; 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="tm2416449d1_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 June 4, 2024, regarding commencement of tender offer.</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">&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>

<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>


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<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/ Jose Manuel Olguin Sepulveda</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">Jos&eacute; Manuel Olgu&iacute;n Sep&uacute;lveda</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">Corporate Treasurer</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: June 4, 2024</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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm2416449d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: none; text-align: right"><B>Exhibit 99.1</B></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">FEMSA ANNOUNCES
COMMENCEMENT OF tender offer</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>June 4, 2024</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><B>MONTERREY, MEXICO</B> &ndash;
FOMENTO ECON&Oacute;MICO MEXICANO, S.A.B. DE C.V. (&ldquo;<U>FEMSA</U>&rdquo;) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has
commenced an offer to purchase for cash (the &ldquo;<U>Tender Offer</U>&rdquo;) up to US$250,000,000 (the &ldquo;<U>Tender Cap</U>&rdquo;)
aggregate principal amount of the notes set forth in the table below (all such notes, the &ldquo;<U>Notes</U>&rdquo;), subject to proration
as described herein, from each registered holder of the Notes (each a &ldquo;<U>Holder</U>&rdquo; and, collectively, the &ldquo;<U>Holders</U>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">The Tender Offer is being made
pursuant to the terms and subject to the conditions set forth in the Offer to Purchase dated June 4, 2024 (as may be 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; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table sets forth the Notes subject
to the Tender Offer:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&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: 19%; 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: 15%; 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: 15%; 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: 14%; 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</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>Bloomberg
    Reference Page</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>Fixed Spread
    (basis points)<SUP>(1)</SUP></B></P></TD>
    <TD STYLE="width: 14%; 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>Hypothetical
    Total Consideration<SUP>(2)</SUP></B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 1.45pt 2.9pt 6pt; font-size: 10pt; 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; font-size: 10pt; 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; font-size: 10pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">US$1,556,946,000</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">4.625% U.S. Treasury Note due 5/15/2054</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">PX1</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">+50</FONT></TD>
    <TD STYLE="padding: 1.45pt 2.9pt 1.45pt 1.75pt; font-size: 10pt; text-align: center; text-indent: -1.75pt"><FONT STYLE="font-size: 10pt">US$788.78</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="border-bottom: Black 1pt solid; width: 0.5in">&nbsp;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><FONT STYLE="font-size: 8pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">The
                                            Total Consideration (as defined below) payable per each US$1,000 principal amount of Notes
                                            validly tendered (and not validly withdrawn) and accepted for purchase pursuant to the Tender
                                            Offer will be calculated in accordance with the formula set forth in Schedule I of the Offer
                                            to Purchase, based on the fixed spread specified in the table above, plus the yield of the
                                            Reference Security as determined by reference to the bid-side price of the Reference Security,
                                            as displayed on the Bloomberg Reference Page specified in the table above at 11:00 a.m. New
                                            York City time, on June 17, 2024, unless extended (such date and time, as the same may be
                                            extended, the &ldquo;<U>Price Determination Date</U>&rdquo;). The Total Consideration for
                                            the Notes includes an early tender premium in the amount of US$30 per US$1,000 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 Tender Offer (the &ldquo;<U>Early Tender Premium</U>&rdquo;).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><FONT STYLE="font-size: 8pt">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">Per
                                            US$1,000 principal amount of the Notes validly tendered (and not validly withdrawn) and accepted
                                            for purchase pursuant to the Tender Offer. The hypothetical Total Consideration provided
                                            in the above table is for illustrative purposes only and was calculated based on the yield
                                            of the Notes through their maturity date and has been determined as of 11:00 a.m., New York
                                            City time, on June 3, 2024 in accordance with the formula set forth in <U>Schedule&nbsp;I
                                            </U>of the Offer to Purchase. The hypothetical Total Consideration for the Notes includes
                                            the applicable Early Tender Premium. FEMSA makes no representation with respect to the actual
                                            Total Consideration payable in connection with the Tender Offer, and such amounts may be
                                            greater or less than the amount shown in the above table depending on the yield of the Reference
                                            Security on the Price Determination.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"><FONT STYLE="font-size: 8pt">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">The
                                            maturity date for the Notes is January 16, 2050.</FONT></TD></TR></TABLE>

<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; text-align: justify">The Tender Offer will expire at 5:00 p.m., New
York City time, on July 3, 2024, unless extended or earlier terminated (such time and date, as the same may be extended or earlier terminated,
the &ldquo;<U>Expiration Time</U>&rdquo;). In order to be eligible to receive the Total Consideration, Holders must validly tender (and
not validly withdraw) their Notes on or prior to 5:00 p.m., New York City time, on June 17, 2024, unless extended (such time and date,
as the same may be extended, the &ldquo;<U>Early Tender Time</U>&rdquo;).</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; text-align: justify">Tenders of Notes may be withdrawn at any time
on or before 5:00 p.m., New York City time, on June 17, 2024, unless extended, but not thereafter.</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; text-align: justify">On the Price Determination Date, FEMSA will notify
the tender agent of the Reference Yield, Total Consideration and Offer Consideration, and will make a public announcement thereof to the
Holders promptly after 11:00 a.m., New York City time on the Price Determination Date.</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; text-align: justify">The total consideration (the &ldquo;<FONT STYLE="font-weight: normal"><U>Total
Consideration</U></FONT><B>&rdquo;)</B> offered for each US$1,000 principal amount of Notes validly tendered (and not validly withdrawn)
and accepted for purchase pursuant to the Tender Offer is the price (calculated as described in Schedule I to the Offer to Purchase) that
would reflect:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&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: 0.25in">(1)</TD><TD STYLE="text-align: justify">the present value on the Initial Settlement Date (as defined below) of (x) US$1,000, representing the
principal amount of the Notes payable on the maturity date of the Notes, and (y) all scheduled interest payments from the Initial Settlement
Date up to and including the maturity date of the Notes, in each case discounted on the basis of a yield equal to the sum of (a) the yield
to maturity (the &ldquo;Reference Yield&rdquo;) of the reference security set forth in the table above in the column under the heading
 &ldquo;Reference Security&rdquo; (the &ldquo;Reference Security&rdquo;), as calculated by BofA Securities, Inc. in its capacity as Dealer
Manager (as defined below) in accordance with standard market practice, determined by reference to the bid-side price of the Reference
Security at 11:00 a.m., New York City time, on the Price Determination Date, as displayed on the Bloomberg Reference Page specified in
the table above in the column under the heading &ldquo;Bloomberg Reference Page&rdquo; or any recognized quotation source selected by
the Dealer Manager in its sole discretion if such Bloomberg Reference Page is not available or is manifestly erroneous, plus (b) the fixed
spread specified in the table above in the column under the heading &ldquo;Fixed Spread&rdquo; (the &ldquo;<U>Fixed Spread</U>&rdquo;),
<I>minus</I></TD></TR></TABLE>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">(2)</TD><TD STYLE="text-align: justify">Accrued Interest (as defined below) to, but not including, the
Initial Settlement Date, such price being rounded to the nearest US$0.01
per US$1,000 principal amount of Notes.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: -0.25in"></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; text-align: justify">The Total Consideration, when calculated in the
manner set out in the Offer to Purchase, includes the Early Tender Premium.</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; text-align: justify">Subject to the terms and conditions of the Offers,
each Holder who validly tenders on or prior to the Early Tender Time and does not validly withdraw such Holder&rsquo;s Notes will be entitled
to receive, if such Notes are accepted for purchase pursuant to the Tender Offer (the date of such purchase, the &ldquo;<U>Initial Settlement
Date</U>&rdquo;), the Total Consideration, <I>plus</I> accrued and unpaid interest on the purchased Notes (the &ldquo;<U>Accrued Interest</U>&rdquo;)
from and including the last interest payment date to, but not including, the Initial Settlement Date and additional amounts in respect
of withholding taxes applicable to the Accrued Interest (including gains derived from the sale of the Notes in the Offers that are treated
as interest), if any (the &ldquo;<U>Additional Amounts</U>&rdquo;). Holders who validly tender their Notes after the Early Tender Time
but on or prior to the Expiration Time will be entitled to receive, if such Notes are accepted for purchase pursuant to the Tender Offer
(the date of such purchase, the &ldquo;<U>Final Settlement Date</U>&rdquo; and each of the Initial Settlement Date and the Final Settlement
Date, a &ldquo;<U>Settlement Date</U>&rdquo;), the Total Consideration <I>minus</I> the Early Tender Premium, <I>plus</I> Accrued Interest
to, but not including, the Final Settlement Date and Additional Amounts, if any.</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; text-align: justify">Assuming all conditions to the Tender Offer have
been satisfied or waived, the Initial Settlement Date is expected to occur on the second business day following the Early Tender Time,
or June 20, 2024, and the Final Settlement Date is expected to occur on the second business day following the Expiration Time, or July
8, 2024.</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; text-align: justify">The Tender Offer is not contingent upon the valid
tender of any minimum principal amount of Notes. FEMSA&rsquo;s obligation to accept for purchase Notes validly tendered pursuant to the
Tender Offer is subject to the satisfaction or waiver of each and all conditions set forth in the Offer to Purchase. Subject to applicable
law, FEMSA reserves the right, at any time and from time to time, in its sole discretion, to (x) waive any and all conditions to the Tender
Offer on or prior to the Initial Settlement Date, without necessarily extending withdrawal rights except as may be required by applicable
law, or the Expiration Time, (y) extend the Tender Offer or (z) amend in any respect (including to increase the Tender Cap), withdraw
or terminate the Tender Offer, including if the conditions of the Tender Offer are not satisfied or waived.</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; text-align: justify">If the acceptance and purchase of all Notes validly
tendered (and not validly withdrawn) on or prior to the Early Tender Time would cause FEMSA to purchase an aggregate principal amount
of Notes in excess of the Tender Cap, then the Tender Offer will be oversubscribed at the Early Tender Time. Accordingly, FEMSA will not
accept for purchase any Notes tendered after the Early Tender Time and FEMSA will (assuming satisfaction or, where applicable, waiver
of the conditions to the Tender Offer) only accept for purchase Notes tendered on or prior to the Early Tender Time on a prorated basis
such that FEMSA purchases an aggregate principal amount of Notes not in excess of the Tender Cap.</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; text-align: justify">If the Tender Offer is not oversubscribed at the
Early Tender Time and the acceptance and purchase of all Notes validly tendered prior to the Expiration Time would cause FEMSA to purchase
an aggregate principal amount of Notes (taking into account the aggregate principal amount of Notes tendered on or prior to the Early
Tender Time and accepted for purchase pursuant to the Tender Offer) in excess of the Tender Cap, then the Tender Offer will be oversubscribed
at the Expiration Time and FEMSA will (assuming satisfaction or, where applicable, the waiver of the conditions to the Tender Offer) have
accepted for purchase pursuant to the Tender Offer all Notes validly tendered on or prior to the Early Tender Time and will only accept
for purchase Notes tendered after the Early Tender Time and prior to the Expiration Time on a prorated basis such that FEMSA purchases
an aggregate principal amount of Notes (taking into account the aggregate principal amount of Notes tendered on or prior to the Early
Tender Time and accepted for purchase pursuant to the Tender Offer) not in excess of the Tender Cap.</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; text-align: justify"></P>

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<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; text-align: justify">If proration of tendered Notes is required, FEMSA
will determine the final proration factor as soon as practicable after the Early Tender Time or Expiration Time, as applicable, and will
inform the Holders of Notes of the results of the proration. In the event proration is required, FEMSA will multiply the principal amount
of each valid tender of Notes by the applicable proration rate and round the resulting amount down to the nearest US$2,000. The excess
principal amount of Notes not accepted from the tendering Holders will be promptly returned to such Holders. If, after applying such proration
factor, any Holder would be entitled to a credit or return of a portion of tendered Notes that is less than the Minimum Denomination,
then, at FEMSA&rsquo;s sole discretion, all of the Notes tendered by such Holder will be accepted without proration or rejected such that
only Notes in Minimum Denominations are credited or returned.</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; text-align: justify">The times and dates described herein and in the
Offer to Purchase are subject to FEMSA&rsquo;s right to extend, amend and/or terminate the Tender Offer (subject to applicable law and
as provided in the Offer to Purchase). Holders of Notes are advised to check with any bank, securities broker or other intermediary through
which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that beneficial
owner to be able to participate in, or withdraw their instruction to participate in, the Tender Offer before the deadlines specified herein
and in the Offer to Purchase. The deadlines set by any such intermediary and DTC for the submission and withdrawal of tender instructions
will also be earlier than the relevant deadlines specified herein and in the Offer Documents.</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; text-align: justify">FEMSA has engaged BofA Securities, Inc. to act
as dealer manager in connection with the Tender Offer (the &ldquo;<U>Dealer Manager</U>&rdquo;). Global Bondholder Services Corporation
is acting as the tender agent and information agent for the Tender Offer (the &ldquo;<U>Tender and Information Agent</U>&rdquo;).</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; text-align: justify">Any questions or requests for assistance regarding
the Tender Offer may be directed to BofA Securities, Inc. at (888) 292-0070 (toll-free) or (646) 855-8988 (collect). Requests for additional
copies of the Offer Documents may be directed to Global Bondholder Services Corporation at +1 (855) 654-2014 (toll-free) or +1 (212) 430-3774
(collect).</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; text-align: center">* * *</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">This press release must be read in conjunction
with the Offer to Purchase. This press release and the Offer to Purchase contain important information which should be read before any
decision is made with respect to the Tender Offer. The Tender Offer is made solely pursuant to the Offer to Purchase. None of FEMSA, the
Dealer Manager or the Tender Agent and Information Agent or any of their respective affiliates, directors, officers, agents, attorneys
or employees makes any recommendation as to whether Holders should tender, or refrain from tendering Notes pursuant to the Tender Offer
and none of them has been authorized or has authorized any person to make any such recommendation. Each Holder is solely responsible for
making its own independent appraisal of all matters as such Holder deems appropriate (including those relating to the Tender Offer and
FEMSA) and each Holder must make its own decision as to whether to tender Notes pursuant to the Tender Offer and, if so, the principal
amount of the Notes as to which action is to be taken.</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; text-align: justify">This press release is for informational purposes
only. This press release shall not constitute an offer to purchase or sell or the solicitation of an offer to purchase or sell any securities,
nor shall there be any such offer or solicitation in any state or jurisdiction in which such an offer or solicitation would be unlawful.
The Tender Offer is not being made to Holders in any jurisdiction in which FEMSA is aware that the making of the Tender Offer would not
be in compliance with the laws of such jurisdiction. The distribution of the Offer to Purchase or this press release in certain jurisdictions
may be unlawful or otherwise restricted by law. Persons into whose possession the Offer to Purchase comes are required by FEMSA and the
Dealer Manager to inform themselves about, and to observe, any such restrictions.</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; text-align: justify"></P>

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<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; text-align: justify">Neither the Offer to Purchase nor any documents
related to the Tender Offer 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 Tender Offer, 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; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FEMSA Forward Announcement</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: justify">The Tender Offer described above forms an integral
part of the series of strategic initiatives announced by FEMSA in February 2023, as a result of a thorough strategic review of FEMSA&rsquo;s
business platform. This review included the bottom-up definition of long-range plans for each business unit and the top-down analysis
of FEMSA'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; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>About FEMSA</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: 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 Americas Division operating OXXO, a small-format store chain, and other related
retail formats, and Proximity Europe which includes Valora, its European retail unit which operates convenience and foodvenience formats.
In the retail industry, it also participates through a Health Division, which includes drugstores and related activities and Digital@FEMSA,
which includes Spin by OXXO and Spin Premia, among other 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 392,000 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; text-align: center"><B>Forward-Looking Statements</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: justify">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; text-align: justify">&nbsp;</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; text-align: justify">&nbsp;</P>

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

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

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