FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. announced the offer consideration for its previously announced offer to purchase for cash any and all of its outstanding USD 552,830,000 principal amount of 4.375% Senior Notes due 2043 on the terms and subject to the conditions set forth in the offer to purchase, dated October 31, 2023 and the related notice of guaranteed delivery.  Holders of Securities who (i) validly tender and do not validly withdraw their Securities, in each case, on or prior to 5:00 p.m. (New York City time) November 6, 2023 or (ii) deliver a properly completed and duly executed Notice of Guaranteed Delivery on or prior to the Expiration Date and follow the guaranteed delivery procedures described in the Offer to Purchase and tender their Securities on or prior to 5:00 p.m. (New York City time) on the second business day after the Expiration Date, expected to be November 8, 2023, will be eligible to receive, per USD 1,000 principal amount of Securities validly tendered and accepted for purchase, the offer consideration set forth in the table below, as calculated at 11:00 a.m. (New York City time), November 6, 2023. The Tender Offer will expire at 5:00 p.m. (New York City time) on the Expiration Date. Securities validly tendered may be withdrawn at any time at or prior to 5:00 p.m. (New York City time) today, November 6, 2023, unless extended, but not thereafter.

The settlement date of the Tender Offer will be promptly following the Expiration Date, expected to be no later than three business days following the Expiration Date, or November 9, 2023, unless extended (such date, as the same may be extended, the "Settlement Date"). In addition to the Offer Consideration, holders whose Securities are validly tendered (and not validly withdrawn) and accepted for purchase in the Tender Offer, will receive accrued and unpaid interest in respect of such purchased Securities (the "Accrued Interest") from and including the last interest payment date to, but not including, the Settlement Date, and additional amounts in respect of withholding taxes applicable to the Accrued Interest (including gains derived from the sale of the Securities in the Tender Offer that are treated as interest), if any. The Offer Consideration and the Accrued Interest will be payable in cash in US Dollars, on the Settlement Date.

Interest will cease to accrue on the Settlement Date for all Securities purchased in the Tender Offer, including those tendered through the guaranteed delivery procedures described in the Offer to Purchase. Any tendered Securities that are not accepted for purchase will be returned or credited without expense to the holder's account. FEMSA has retained BofA Securities Inc. to act as dealer manager in connection with the Tender Offer.

Global Bondholder Services Corporation is acting as the tender agent and information agent for the Tender Offer.