FEMSA receives all regulatory clearances for the public tender offer for Valora

Valora Holding AG / Key word(s): Miscellaneous FEMSA receives all regulatory clearances for the public tender offer for Valora 03-Oct-2022 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to article 53 LR

Monterrey, Mexico / Muttenz, Switzerland, October 3, 2022 – Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today announces the receipt of all regulatory clearances for the settlement of the public tender offer (“Offer”) by FEMSA’s wholly owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., to acquire all publicly held registered shares of Valora Holding AG (“Valora”; SIX: VALN) at a price of CHF 260.00 net in cash per share as pre-announced on July 5, 2022. The settlement of the public tender offer for Valora will occur on October 7, 2022. 

The tender offer documents are available at https://femsa.gcs-web.com/valora-transaction. 

The settlement of the Offer is subject to other customary conditions, as set forth in the Offer Prospectus. After the settlement of the Offer and in accordance with the conditions set forth in the Offer Prospectus, FEMSA intends to initiate a squeeze-out procedure and delist the Valora shares from trading on SIX Swiss Exchange. 

The indicative timetable for the closing of the Offer is as follows:

Wednesday, October 5, 2022	Definitive notice of the end result of the Offer
Friday, October 7, 2022 (expected)	Settlement of the Offer (subject to satisfaction of remaining offer conditions)

FEMSA contact:
Juan Fonseca	Phone:                                    [phone]
Investor Relations Director	E-mail:                                 [e-mail]
Mauricio Reyes	Phone:                                    [phone]
Corporate Communications Director	E-mail:                       [e-mail]
Valora contact:
Christina Wahlstrand	Phone:                                      [phone]
Head of Corporate Communications & Branding	E-mail:                                    [e-mail]
Annette Carrer-Martin	Phone:                                      [phone]
Head of Investor Relations	E-mail:                                           [e-mail]
Proxy Advisor contact:
Morrow Sodali	Phone:                                   [phone]
Information Agent	E-mail:  [e-mail]
Hotline for private shareholders	Phone:                                      [phone]

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