NOTICE ON LOCAL NOTES' PAYMENT DEFAULT

Monterrey, N.L., Mexico, July 23rd, 2020.- Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA) (the "Company"), announces that, as a result of the recent events related to its subsidiary Banco Ahorro Famsa, S.A., Institución de Banca Múltiple, the Company will not conduct the interests payment of Senior Notes issued under the ticker symbols GFAMSA 05919 and GFAMSA 06919 which were scheduled for today.

Contact: Investor Relations Azeneth M. Rentería azeneth.renteria@famsa.com

Phone: +52 (81) 8389-3400 ext. 1419

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Grupo FAMSA SAB de CV published this content on 23 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 July 2020 23:40:01 UTC