Financiera Independencia, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada ("FINDEP" or the "Company"), announced the final results and expiration of its previously announced offer to exchange (the "Exchange Offer") any and all of its outstanding 8.000% Senior Notes due 2024 (the "Existing Notes") for its newly issued 10.000% Step-Up Senior Notes due 2028 (the "Step-Up Notes"). Pursuant to the terms and conditions of the Exchange Offer, as set forth in the Exchange Offer Memorandum and Consent Solicitation Statement, dated January 24, 2023 (the "Exchange Offer Memorandum"), the expiration date occurred at 5:00 p.m., New York City time, on February 17, 2023 (the "Expiration Date"). Eligible Holders who validly tendered (and did not validly withdrawprior to the withdrawal deadline) Existing Notes in the Exchange Offer on or prior to 5:00 p.m., New York City time, on the Expiration Date will receive the Total Exchange Consideration.

"Total Exchange Consideration" means, for each U.S.$1,000 principal amount of Existing Notes validly tendered (and not validly withdrawn) and accepted by us: (1) U.S.$800 principal amount of Step-Up Notes and (2) a cash payment of U.S.$210. In addition, accrued and unpaid interest on the Existing Notes accepted for purchase from the last interest payment date of the Existing Notes to (but excluding) the Settlement Date will be paid in cash. The "Settlement Date" is currently anticipated to be March 1, 2023.

The issuance of the Step-Up Notes was approved by the shareholders of the Company on February 13, 2023. Subject to satisfaction or waiver of the conditions set forth in the Exchange Offer Memorandum, the Company intends to accept for purchase all Existing Notes validly tendered (and not validly withdrawn) in the Exchange Offer. Neither of the Exchange Offer nor the Step-Up Notes has been approved or recommended by any regulatory authority.

Furthermore, no regulatory authority has been requested to confirm the accuracy or adequacy of the Exchange Offer Memorandum. Any representation to the contrary is a criminal offense. The Step-Up Notes have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws.

Accordingly, the Step-Up Notes will be subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the Securities Act and other applicable securities laws, pursuant to registration or exemption therefrom.