Fomento Económico Mexicano, S.A.B. de C.V. announced that its Board of Directors has proposed an ordinary dividend in the amount of MXN 11,358 million, to be paid during 2022. This proposal represents an increase of 48% and 10% compared to the dividends paid during 2021 and 2020, respectively. After deviating from historical trends in 2021, this amount is more in line with the encouraging long-term performance of business, and it highlights FEMSA's robust cash generation profile.

The dividend is subject to approval at the Annual Shareholders' meeting to be held on April 8, 2022.