America Móvil B de C : América Móvil's shareholders approve stock conversion into a single series (one share-one vote)

"América Móvil's shareholders approve stock conversion

into a single series (one share - one vote)"

Mexico City, December 20, 2022. América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX] [NYSE: AMX | AMOV], announces that its shareholders approved, among others, the following matters:

Stock Conversion into Single Series "B"

The conversion of all its series "A", "AA" and "L" shares into common shares of a single new series "B", with full voting rights, as well as to amend AMX's bylaws in order to implement said conversion. The conversion is subject to various corporate and regulatory approvals common to this type of transaction. Upon its effectiveness, the conversion will be implemented at a 1:1 conversion ratio, in accordance with the notices to be published by AMX.

Board of Directors and Audit and Corporate Practices Committee

To ratify all current members of AMX's Board of Directors and Audit and Corporate Practices Committee.

Cancellation of Treasury Shares

To cancel AMX's treasury shares acquired by AMX as part of its buyback program.

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.