<SEC-DOCUMENT>0001292814-22-001195.txt : 20220328
<SEC-HEADER>0001292814-22-001195.hdr.sgml : 20220328
<ACCEPTANCE-DATETIME>20220328153309
ACCESSION NUMBER:		0001292814-22-001195
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220331
FILED AS OF DATE:		20220328
DATE AS OF CHANGE:		20220328

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COCA COLA FEMSA SAB DE CV
		CENTRAL INDEX KEY:			0000910631
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12260
		FILM NUMBER:		22775253

	BUSINESS ADDRESS:	
		STREET 1:		MARIO PANI #100, PISO 7
		STREET 2:		COL SANTA FE
		CITY:			CUAJIMALPA
		STATE:			O5
		ZIP:			DF 05348
		BUSINESS PHONE:		525515195120

	MAIL ADDRESS:	
		STREET 1:		MARIO PANI #100, PISO 7
		STREET 2:		COL SANTA FE
		CITY:			CUAJIMALPA
		STATE:			O5
		ZIP:			DF 05348

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COCA COLA FEMSA SA DE CV
		DATE OF NAME CHANGE:	19930814
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>kof20220328_6k.htm
<DESCRIPTION>6-K
<TEXT>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: right"><B></B></P>

<P STYLE="font: 14pt Bahnschrift,sans-serif; margin: 0 0 0 14.2pt; text-align: justify"><B><BR>
&nbsp;</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center; background-color: white"><B>UNITED
STATES</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center; background-color: white"><B>SECURITIES
AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0 0 12pt; word-spacing: 0px; text-align: center; background-color: white"><B>Washington,
D.C. 20549</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; word-spacing: 0px; text-align: center; background-color: white"><B>FORM
6-K</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center; background-color: white"><B>REPORT
OF FOREIGN PRIVATE ISSUER</B></P>

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

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0 0 12pt; word-spacing: 0px; text-align: center; background-color: white"><B>THE
SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">For
the month of&nbsp;March 2022<BR>
Commission File Number&nbsp;</FONT>1-12260</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; background-color: white">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center"><B>COCA-COLA FEMSA, S.A.B.
de C.V.</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; word-spacing: 0px; text-align: center; background-color: white">(Translation
of registrant&rsquo;s name into English)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center"><B>United Mexican States</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; word-spacing: 0px; text-align: center; background-color: white">(Jurisdiction
of incorporation or organization)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center"><B>Calle Mario Pani No. 100,<BR>
Santa Fe Cuajimalpa,<BR>
Cuajimalpa de Morelos,<BR>
05348, Ciudad de M&eacute;xico,</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center"><B>M&eacute;xico</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; word-spacing: 0px; text-align: center; background-color: white">(Address
of principal executive offices)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-indent: 0.5in; background-color: white">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: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-align: center; background-color: white">Form
20-F<U>&nbsp;X&nbsp;</U>&nbsp; Form 40-F&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;</U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-indent: 0.5in; background-color: white">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-align: center; background-color: white">Yes<U>&nbsp;&nbsp;&nbsp;&nbsp;</U>No<U>&nbsp;
X&nbsp;</U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-indent: 0.5in; background-color: white">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-align: center; background-color: white">Yes<U>&nbsp;&nbsp;&nbsp;&nbsp;</U>No<U>&nbsp;
X&nbsp;</U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-indent: 0.5in; background-color: white">Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt; word-spacing: 0px; text-align: center; background-color: white">Yes<U>&nbsp;&nbsp;&nbsp;&nbsp;</U>No<U>&nbsp;
X&nbsp;</U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 8pt 6pt; word-spacing: 0px; text-indent: 30pt; background-color: white">If
&quot;Yes&quot; is marked, indicate below the file number assigned to the registrant in connection with</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; word-spacing: 0px; text-align: center; background-color: white">Rule
12g3-2(b): 82-__.</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: right"><B></B></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: right"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 16pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: center; color: red"><B>COCA-COLA FEMSA&rsquo;S 2021
INTEGRATED REPORT: </B></P>

<P STYLE="font: 16pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: center; color: red"><B>RE- EVOLUTION</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Mexico City, March 28<SUP>th</SUP>, 2022 - </B>Coca-Cola
FEMSA, S.A.B. de C.V. (BMV: KOFUBL, NYSE: KOF) (&ldquo;Coca-Cola FEMSA, &ldquo;KOF&rdquo; or the &ldquo;Company&rdquo;), released its
Integrated Annual Report 2021: &quot;Re-Evolution,&rdquo; highlighting its operational, financial, and non-financial achievements for
the year driven by its strategic framework and purpose. The report provides further information on the Company&rsquo;s key initiatives
in its portfolio, omnichannel, sustainability, and culture fronts.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&quot;<I>This year highlighted our business&rsquo;s
resilience, adaptability, and agility. Our resilience was evident in our company&rsquo;s ability to protect the safety and wellbeing of
our people; while delivering solid results across all of our strategic fronts&mdash;from portfolio management and digital transformation
to milestones in sustainable development,</I>&rdquo; said John Santa Maria Otazua, CEO of Coca-Cola FEMSA.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Mr. Santa Maria added, &ldquo;<I>Aligned with our purpose
and our strategy, we are working across six strategic corridors: build out an open omnichannel platform; develop a winning consumer-centric
portfolio; foster an agile, digital savvy, people-centric culture; place sustainability at the heart of our organization; digitalize our
core; and actively pursue value-enhancing acquisitions.</I>&rdquo;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The main achievements presented include:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify"><B>Business and financial highlights</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Filson Soft Regular; margin-top: 0.55pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Company&rsquo;s total sales
volume reached 3.5 billion unit cases, with total revenues increasing 6.1% to Ps. 194.8 billion and operating income increasing 8.6% to
Ps. 27.4 billion, while successfully navigating a dynamic environment.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Filson Soft Regular; margin-top: 0.55pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Company accelerated the expansion
of its customer-centric omnichannel commercial platform (B2B) and increased the number of home delivery routes across the direct-to-home
channel (D2C). </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Filson Soft Regular; margin-top: 0.55pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Company recently closed its
acquisition of CVI, a Coca-Cola franchise bottler with operations in southern Brazil. It also acquired Brazilian beer brand Therez&oacute;polis.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify"><B>Sustainable financing</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Filson Soft Regular; margin-top: 0.55pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In its sustainability financing
section, the report includes an update of the allocation of its US$705 million Green Bond issued in international markets in 2020. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Filson Soft Regular; margin-top: 0.55pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Company reported the use
of proceeds of US$114.64 million in 2021, which results in the accumulated use of proceeds of US$350.12 million between 2018 and 2021.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Filson Soft Regular; margin-top: 0.55pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The accumulated use of proceeds
was allocated to eligible green projects in three main categories, according to the Green Bond Framework: 90.9% in circular economy; 3.9%
in water stewardship; and 5.2% in climate action. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Circular economy</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Filson Soft Regular; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In 2021, Coca-Cola FEMSA invested
US$93.19 million in circular economy, which helped it to utilize a total of 83,085 tons of recycled materials in its operations. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Filson Soft Regular; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This enabled it to reach an average
of 31% recycled PET resin (rPET) in its plastic bottles, while collecting over 122 thousand tons of plastic bottles.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Water stewardship</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Filson Soft Regular; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Coca-Cola FEMSA issued the first
sustainability-linked bonds in the Mexican market for Ps. 9.4 billion (US$470 million) in September 2021. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Filson Soft Regular; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This first issuance is committed
to the achievement of a water use ratio of 1.26 liters of water per liters of beverage produced by 2026. Notably, during 2021, the Company
achieved a water use ratio of 1.47 liters of water per liter of beverage produced, an industry benchmark. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Climate action</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Filson Soft Regular; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In June 2020, Coca-Cola FEMSA
became the first Mexican company and the third in Latin America to obtain approval from the Science Based Targets initiative (SBTi) for
its emissions reduction goals. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Filson Soft Regular; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">At the end of 2021, compared
to a 2015 baseline, the Company supplied 53% of the electricity used in its bottling operations with energy from renewable sources, while
reducing 28% absolute GHG emissions from its operations and 14% from its value chain.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 11pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><P STYLE="font: 9pt Arial Narrow, Helvetica, Sans-Serif; margin: 0"><B>Coca&ndash;Cola FEMSA Integrated Annual Report 2021, &ldquo;Re-Evolution&rdquo;
</B></P>

<P STYLE="margin: 0; font: 8pt Arial Narrow, Helvetica, Sans-Serif">March 28<SUP>th</SUP>, 2022</P>
</TD>
  <TD STYLE="width: 50%"><P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Page 1</B></P>
</TD></TR>
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<P STYLE="font: 11pt Filson Soft Regular; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify">Coca-Cola FEMSA&rsquo;s Integrated Annual
Report 2021, &ldquo;Re-Evolution,&rdquo; was developed following the guidelines of the International Integrated Reporting Council (IIRC)
and in accordance with the Global Reporting Initiative (GRI) Standards, as well as material indicators of the Sustainability Accounting
Standard&rsquo;s Board (SASB) for the non-alcoholic beverage industry. Furthermore, this report elaborates on the Company&rsquo;s annual
Communication on Progress (COP) to the United Nations Global Compact, included by FEMSA in its 2021 report.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify">The complete integrated report 2021 is available
on www.coca-colafemsa.com.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 100%; padding-right: 36.85pt; padding-left: 21.3pt; font: bold 14pt Arial, Helvetica, Sans-Serif; text-align: justify; color: #FF9300"><FONT STYLE="font-size: 8pt; color: #E2AC00">About Coca-Cola FEMSA</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 2pt 0; text-align: justify">Coca-Cola FEMSA, S.A.B. de C.V. is the largest Coca-Cola
franchise bottler in the world by sales volume. The Company produces and distributes trademark beverages of The Coca-Cola Company, offering
a wide portfolio of 131 brands to a population of more than 266 million. With over 80 thousand employees, the Company markets and sells
approximately 3.5 billion unit cases through close to 2 million points of sale a year. Operating 49 manufacturing plants and 260 distribution
centers, Coca-Cola FEMSA is committed to generating economic, social, and environmental value for all of its stakeholders across the value
chain. The Company is a member of the Dow Jones Sustainability Emerging Markets Index, Dow Jones Sustainability MILA Pacific Alliance
Index, FTSE4Good Emerging Index, and the S&amp;P/BMV Total Mexico ESG Index, among others. Its operations encompass franchise territories
in Mexico, Brazil, Guatemala, Colombia, and Argentina, and, nationwide, in Costa Rica, Nicaragua, Panama, Uruguay, and in Venezuela through
its investment in KOF Venezuela.</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 2pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 2pt 0; text-align: justify">For further information, please visit www.coca-colafemsa.com</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 2pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>For further information, please contact:</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #C00000"><B>Coca-Cola FEMSA </B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #C00000"><B>Investor Relations </B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Jorge Collazo</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Lorena Martin</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Marene Aranzabal</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Jos&eacute; Enrique Sol&iacute;s</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>kofmxinves@kof.com.mx</B></P>

<P STYLE="font: 11pt Filson Soft Regular; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #C00000"><B>Sustainability </B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Luis Dar&iacute;o Ochoa</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Rosaura Casta&ntilde;eda</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Elena Huante</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Fernanda Turcott</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Daniel Insulza</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>sostenibilidad@kof.com.mx</B></P>

<P STYLE="font: 11pt Filson Soft Regular; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #C00000"><B>Corporate Communication </B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Aurea Pati&ntilde;o Garza</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>aurea.patino@kof.com.mx</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Diana Pino Quintana</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>diana.pino@kof.com.mx</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Aldana Solano Blanco</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>aldana.solano@kof.com.mx</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 14.2pt"><B>&nbsp;</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #C00000"><B>FEMSA</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: #C00000"><B>Corporate Communication </B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Erika De la Pe&ntilde;a Ibarra</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>erika.delapena@femsa.com</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Oscar Mart&iacute;nez Hern&aacute;ndez</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>oscarf.martinez@femsa.com.mx</B></P>



<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B></B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><P STYLE="font: 9pt Arial Narrow, Helvetica, Sans-Serif; margin: 0"><B>Coca&ndash;Cola FEMSA Integrated Annual Report 2021, &ldquo;Re-Evolution&rdquo;
</B></P>

<P STYLE="margin: 0; font: 8pt Arial Narrow, Helvetica, Sans-Serif">March 28<SUP>th</SUP>, 2022</P>
</TD>
  <TD STYLE="width: 50%"><P STYLE="font: 8pt Arial Narrow, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Page 2</B></P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>SIGNATURES</B></P>

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

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-indent: 0.5in; background-color: white">Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; background-color: white">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 53%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>COCA-COLA FEMSA, S.A.B. DE C.V.</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">By:&nbsp;<U>&nbsp;/s/ Constantino Spas Montesinos&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 25.9pt">Constantino Spas Montesinos</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt 25.9pt">Chief Financial Officer</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;Date:&nbsp;March 28, 2022</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; background-color: white">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>


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