FMX Divests Plastics Solutions to AMMI, Progresses Well on Forward Plan

Core Strategy - FEMSA is focused on its Forward Strategy, which emphasizes long-term value creation in its core businesses [1][3] - The company is executing its Forward plan through strategic divestments, including the recent sale of its plastics solutions operations to AMMI for 3,165 million pesos [1][2][3] Recent Transactions - FEMSA has completed the divestiture of its refrigeration and food service equipment operations to Mill Point Capital LLC for approximately 4,060 million pesos, supporting its balance sheet and strategic focus [4] - Both transactions are cash-free and debt-free, indicating a clean financial transition [1][4] Market Performance - FEMSA's shares have declined by 17.6% over the past three months, which is more significant than the industry average drop of 9.1% [5] - The company is facing a challenging consumer environment in Mexico, impacting same-store sales due to reduced customer traffic [5] Digital Initiatives - FEMSA is performing well in the digital space through its Digital@FEMSA unit, which aims to create a value-added digital and financial ecosystem [6] - The Coca-Cola FEMSA division is advancing its omnichannel approach, while the Proximity division is enhancing digital initiatives within OXXO stores [7]