America Móvil B de C : Summary for AMX Annual Ordinary Shareholders' Meeting (opens in new window)

SUMMARY RELATED TO THE INFORMATION PROVIDED AS PART OF THE ANNUAL GENERAL SHAREHOLDERS' MEETING OF AMÉRICA MÓVIL, S.A.B. DE C.V., TO BE

HELD ON APRIL 20, 2022 IN MEXICO CITY AT 10:45 A.M.

_____________________________________________________________________________________________

By means of a resolution adopted by the Board of Directors of América Móvil, S.A.B. de C.V. (the "Company" or "AMX"), the Company called its shareholders to the Annual Ordinary General Shareholders' Meeting (the "Meeting"), to be held on April 20, 2022 at 10:45 a.m. (Mexico City time), in the Company's Auditorium located at Lago Zurich 245, Plaza Carso, Edificio Telcel, 15th Floor, Colonia Ampliación Granada, Miguel Hidalgo, 11529, Mexico City, to address the following items:

I.

Submission and, if applicable, approval of the following matters and adoption of resolutions thereon:

• (i) The report of the Chief Executive Officer provided for in Article 172 of the Mexican General Corporations Law (Ley General de Sociedades Mercantiles), and Section XI of Article 44 of the Mexican Securities Market Law (Ley del Mercado de Valores), together with the report of the external auditor, on the Company's operations and results during the year ended on December 31, 2021, and the opinion of the Board of Directors thereon;

• (ii) The report of the Board of Directors referred to in article 172, paragraph (b) of the Mexican General Corporations Law (Ley General de Sociedades Mercantiles), on the principal accounting and information policies and criteria followed in connection with the preparation of the Company's financial information;

• (iii) The annual report of the Board of Directors, referred to in Section IV (e) of Article 28 of the Mexican Securities Market Law (Ley del Mercado de Valores), on its activities for the year ended December 31, 2021;

• (iv) The 2021 annual report on the activities of the Audit and Corporate Practices Committee, referred to in Article 43 of the Mexican Securities Market Law (Ley del Mercado de Valores);

• (v) The Consolidated Financial Statements of the Company for the year ended on December 31, 2021, including a proposal to pay a dividend from the Company's profit tax account (cuenta de utilidad fiscal); and

• (vi) The annual report on the Company's share repurchase program for the year ended on December 31, 2021.

II.

Approval, if applicable, of (a) the performance of the Board of Directors and the Chief Executive Officer during the fiscal year 2021; (b) the appointment and/or ratification, as the case may be, of each of the following persons as members of the Board of Directors of the Company: (i) Carlos Slim Domit (Chairman); (ii) Patrick Slim Domit (Secretary); (iii) Antonio Cosío Pando; (iv) Daniel Hajj Aboumrad; (v) Vanessa Hajj Slim; (vi) David Ibarra Muñoz; (vii) Rafael Moisés Kalach Mizrahi; (viii) Francisco Medina Chávez; (ix) Gisselle Morán Jiménez; (x) Luis Alejandro Soberón Kuri; (xi) Ernesto Vega Velasco; (xii) Oscar Von Hauske Solís; (xiii) Alejandro Cantú Jimenez (Corporate Secretary non-member of the Board of Directors); and (xiv) Rafael Robles Miaja

(Corporate Pro-Secretary non-member of the Board of Directors); and (c) the compensation to the Board of Directors' members. Adoption of resolutions thereon.

• III. Approval, if applicable, of (a) the performance of the Executive Committee during the fiscal year 2021; (b) the appointment, and/or reelection, as the case may be, of the following persons as members of such Committee: (i) Carlos Slim Domit (Chairman); (ii) Patrick Slim Domit; and (iii) Daniel Hajj Aboumrad; and (c) their compensation. Adoption of resolutions thereon.

• IV. Approval, if applicable, of (a) the performance of the Company's Corporate Practices Committee during the fiscal year 2021, (b) the appointment and/or reelection, as the case may be, of the following persons as members of such Committee: (i) Ernesto Vega Velasco (Chairman); (ii) Pablo Roberto González Guajardo; (iii) Rafael Moisés Kalach Mizrahi; and (c) their compensation. Adoption of resolutions thereon.

• V. Submission and, if applicable, approval of a proposal to determine the amount of resources to be allocated to the Company's share repurchase program. Adoption of resolutions thereon.

• VI. Appointment of delegates to execute, and if, applicable, formalize the resolutions adopted by the meeting. Adoption of resolutions thereon.

Information related to the items of the Agenda

Submission and approval of various annual reports.
Item I, sections (i), (ii), (iii), (iv) and (vi)	The Company's Chief Executive Officer, Board of Directors, Audit and Corporate Practices Committee and Senior Management, will submit to the Shareholders' meeting, annual reports, among other matters, related to: (i) the operations and results of the Company for the fiscal year 2021; (ii) the main accounting and information policies and criteria followed in connection with the elaboration of the financial information; (iii) the operations and activities carried out during the fiscal year 2021; (iv) the activities carried out by the Audit and Corporate Practices Committee regarding the fiscal year 2021; and (v) the Company's buyback program.
Submission and approval of the Audited Consolidated Financial Statements of AMX for the year ended on December 31, 2021, and dividend payment proposal
Item I. section (v)	Submission for approval of the Shareholders' meeting of the consolidated audited Financial Statements (including its notes), along with the Company's independent external auditor report regarding such financial statements. Proposal for approval of the Shareholders' meeting to pay a cash dividend of MXP$0.44 (Forty-four peso cents) per share to each of the shares of the Company's capital stock, payable in one installment on August 29, 2022.
Approval if applicable, of (a) the Board of Directors and Chief Executive Officer performance during the fiscal year 2021; (b) the appointment and/or reelection, as the case may be, of each of the following persons as members of the Board of Directors of the Company: (i) Carlos Slim Domit (Chairman); (ii) Patrick Slim Domit

(Vice Chairman); (iii) Antonio Cosío Pando; (iv) Daniel Hajj Aboumrad; (v) Vanessa Hajj Slim; (vi) David Ibarra

Muñoz; (vii) Rafael Moisés Kalach Mizrahi; (viii) Francisco Medina Chávez; (ix) Giselle Morán Jiménez; (x) Luis Alejandro Soberón Kuri; (xi) Ernesto Vega Velasco; (xii) Oscar Von Hauske Solís; (xiii) Alejandro Cantú

Jiménez (Corporate Secretary non-member of the Board of Directors); and (xiv) Rafael Robles Miaja (Corporate Pro-Secretary non-member of the Board of Directors); and (c) the compensation to the Board of

Directors' members.

Item II. (a)

Submission for the approval by the Shareholders' meeting of the Board of Directors performance and CEO for the fiscal year 2021, as well as the reelection of Mr. Daniel Hajj Aboumrad as CEO of AMX.

Item II. (b). subsections (i) to (xiv)Submission for the approval by the Shareholders' meeting of a proposal for the appointment or reelection, as the case may be, of each of the following persons as members of the Board of Directors of the Company:

Carlos Slim Domit Chairman

Principal occupation: Other directorships:Chairman of the board of AMX.

Chairman of the board of Grupo Carso and its affiliates.

Business Experience:

Chief Executive Hermanos

OfficerofSanborn

Year of birth:

1967

Patrick Slim Domit Vice Chairman

Principal occupation: Other directorships: Business Experience:Vice Chairman of AMX.

Director of Grupo Carso and its affiliates.

Chief Executive Officer of Grupo Carso and Vice Chairman of Mercados Comerciales de Telmex

Year of birth: 1969

Antonio Cosío Pando Director

Principal occupation:

Vice President of Grupo Hotelero las Brisas, Compañía Industrial Tepeji del Río, and Bodegas de Santo Tomás.

Other directorships:

Director of Grupo Carso and its affiliates, Corporación Actinver, and Grupo Aeromexico.

Business Experience:

Various positions at Grupo Hotelero Las Brisas and Compañía Industrial Tepeji del Río

Year of birth: 1970

Daniel Hajj Aboumrad

Principal occupation:

Chief Executive Officer of AMX.

Director

Other directorships: Business Experience:

Year of birth:Director of Grupo Carso and TELMEX.

Chief Executive Officer of Compañía Hulera Euzkadi

1966

Vanessa Hajj Slim Director

Principal occupation: Year of birth:

Director of America Movil. 1997

David Ibarra Muñoz Director

Principal occupation:

Other directorships:

Retired

Director of Grupo Carso and its affiliates, and grupo Mexicano de Desarrollo.

Business Experience:

Chief Executive Officer of Nacional Financiera and officer at the Ministry of Treasury and Public Credit.

Year of birth:

1930

Rafael Moisés Kalach Mizrahi Director

Principal occupation: Other directorships: Business Experience: Year of birth:

Chairman and CEO of Grupo Kaltex.

Director of Grupo Carso and affiliates Various positions at Grupo Kaltex 1946

Francisco Medina Chávez Director

Principal occupation:Other directorships:Business Experience:Year of birth:

Chief Executive Officer and Chairman of Grupo Fame and Chairman of Grupo Altoazno.

Director of Banamex Citigroup Mexico and Grupo Chedraui.

Various positions at Aeroméxico and Mitsui México

1956

Gisselle Morán Jiménez Director

Principal occupation:

Chief Executive Officer of Real Estate, Market and Lifestyle

Other directorships:

Director in Alignmex Real Estate CapitalBusiness Experience:

Corporate Commercial Director of Grupo Mundo Ejecutivo

Year of birth:

1974

Luis Alejandro Soberón Kuri Director

Principal occupation:Other directorships:

Business Experience: Year of birth:

Chief Executive Officer and Chairman of the Board of Serinem México (a subsidiary of Corporación Interamericana de Entretenimiento, "CIE").

Director of CIE, and Director of Grupo Financiero Citibanamex.

Various positions at CIE 1960

Ernesto Vega Velasco Director

Principal occupation:Other directorships:Business Experience:Year of birth:

In retirement. Member of the Board of Directors and audit and corporate practices, planning and finance and evaluation and compensation committees of certain companies.

Director of Kuo and its affiliates, Inmuebles Carso and its affiliates, and Industrias Peñoles.

Various positions at Grupo Desc, including Corporate Vice President.

1937

Oscar Von Hauske Solís Director

Principal occupation: Other directorships: Business Experience:Year of birth:

Chief Fixed-Line Operations Officer of AMX.

Member of the Board of Telekom Austria AG.

Chief Executive Officer of Telmex Internacional, Director of Systems and Telecommunications of Telmex and Board member of KPN

1957

Item II. (b) subsections (xii) and (xiii)	Submission for the approval by the Shareholders' meeting of the proposal to reelect Messrs. Alejandro Cantú Jimenez and Rafael Robles Miaja as Corporate Secretary and Corporate Pro-Secretary non-members, respectively of the Board of Directors.
Item II. (c)	The Meeting will also determine if Messrs. Antonio Cosío Pando, Pablo Roberto González Guajardo (to be ratified by shareholders of series "L" shares), David Ibarra Muñoz, Claudia Jañez Sánchez (to be appointed by shareholders of series "L" shares), Rafael Moisés Kalach Mizrahi, Francisco Medina Chávez, Gisselle Morán Jiménez, Luis Alejandro Soberón Kuri and