"América Móvil increases buyback fund and appoints new board members"

Mexico City, November 22, 2021. América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX] [NYSE: AMX | AMOV], announces that its shareholders approved the following matters:

Buyback Program

An increase by MXP$26,000'000,000 (Twenty Six billion pesos) in the balance of AMX's buyback program fund for the period April 2021 - April 2022.

Board of Directors

The appointment of Claudia Jañez Sanchez and Gisselle Morán Jiménez as independent members of AMX's Board of Directors. Considering such appointments, AMX's Board of Directors consists of the following members:

Carlos Slim Domit (Chairman)

Claudia Jañez Sanchez

Patrick Slim Domit (Vice Chairman)

Rafael Moisés Kalach Mizrahi

Antonio Cosío Pando

Francisco Medina Chávez

Arturo Elías Ayub

Gisselle Morán Jiménez

Pablo Roberto González Guajardo

Luis Alejandro Soberón Kuri

Daniel Hajj Aboumrad

Ernesto Vega Velasco

Vanessa Hajj Slim

Oscar Von Hauske Solís

David Ibarra Muñoz

This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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América Móvil SAB de CV published this content on 22 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 02:28:02 UTC.