Mexican Economic Development (FMX) director details major B and BD unit stakes

Rhea-AI Filing Summary

Mexican Economic Development Inc. director Mariana Garza Laguera Gonda has filed an initial Form 3 reporting her ownership of B Units and BD Units in the company. The filing shows large indirect holdings of B Units through a voting trust, as well as additional B Units and BD Units held directly and through joint accounts and a spouse.

Each B Unit consists of five Series B Shares without par value. BD Units consist of one Series B Share, two Series D-B Shares and two Series D-L Shares, and some BD holdings are represented by American Depositary Shares, with each ADS representing 10 BD Units. The filing describes several positions where she disclaims beneficial ownership beyond her pecuniary interest.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

garza laguera gonda mariana

(Last) (First) (Middle)

AVENIDA GENERAL AYALA 601

BELLA VISTA

(Street)

MONTERREY NUEVO LEON 64410

(City) (State) (Zip)

MEXICO

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
MEXICAN ECONOMIC DEVELOPMENT INC [ FMX ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
B Units	1,384,426,997(1)	I	By Voting Trust(2)
B Units	38,000(1)(3)	D
BD Units	13,127,400(4)(5)	D
BD Units	150,000(6)	D
B Units	24,512(1)	I	By Joint Account(7)
BD Units	4(6)	I	By Joint Account(7)
BD Units	14,000(6)	I	By Spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The securities reported herein are held in the form of B Units. Each B Unit consists of five Series B Shares, without par value ("Series B Shares").

2. These securities are held by Banco Invex, S.A. Institucion de Banca Multiple, Invex Grupo Financiero, Trust No. 463 (the "Voting Trust"), an irrevocable voting trust in which the reporting person is an indirect trust participant. Each of the trust participants is deemed to have beneficial ownership with shared voting power over the securities deposited in the Voting Trust. The reporting person hereby disclaims having any pecuniary interests derived from the beneficial ownership of any securities (with shared voting power and with shared dispositive power) other than pecuniary interests derived by the reporting person's securities contributed directly or indirectly to the Voting Trust, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. For more information, see Item 7 of Fomento Economico Mexicano, S.A.B. de C.V.'s Annual Report on Form 20-F filed on April 24, 2025.

3. The securities reported herein are held in a joint account by the reporting person and family members of the reporting person. The reporting person owns 7,600 B Units within this joint account. The reporting person disclaims beneficial ownership except to the extent of her pecuniary interest.

4. The securities reported herein are held in a joint account by the reporting person and family members of the reporting person. The reporting person owns 2,665,480 BD Units, within this joint account. The reporting person disclaims beneficial ownership except to the extent of her pecuniary interest.

5. The securities reported herein are held in the form of American Depositary Shares, evidenced by American Depositary Receipts ("ADRs"). Each ADR represents 10 BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares ("BD Unit"), without par value ("Series D-B Shares" and "Series D-L Shares", respectively).

6. The securities reported herein are held in the form of BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, without par value ("Series D-B Shares" and "Series D-L Shares", respectively).

7. The securities reported herein are held in a joint account by the reporting person and family members of the reporting person. The reporting person indirectly owns 20% of the B Units within this joint account through BBVA Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero BBVA Mexico, Trust No. F 404 797 3, for which she is the beneficiary. The reporting person disclaims beneficial ownership except to the extent of her pecuniary interest.

Remarks:

Exhibit 24 - Power of Attorney

	Sergio Rodriguez Perez, Attorney in Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the FMX Form 3 filed by Mariana Garza Laguera Gonda report?

The Form 3 reports Mariana Garza Laguera Gonda’s initial ownership of FMX B Units and BD Units. It details large indirect holdings via a voting trust and additional direct and indirect positions, establishing her baseline beneficial ownership for Section 16 reporting purposes.

How many B Units does the FMX director report through the voting trust?

The filing shows 1,384,426,997 B Units held indirectly through a voting trust. These securities are deposited in an irrevocable voting trust where each participant has shared voting power, and the reporting person disclaims pecuniary interest except for securities she contributed.

What are FMX B Units and how are they structured?

B Units reported in the filing each consist of five Series B Shares without par value. This structure means every B Unit represents a bundle of five underlying Series B Shares, which are the basic equity securities referenced in the director’s indirect and joint holdings.

What are FMX BD Units and how do American Depositary Shares relate to them?

BD Units each consist of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value. Some securities are held as American Depositary Shares, with each ADS representing 10 BD Units, effectively bundling the underlying BD Unit components into a tradable depositary instrument.

What direct holdings of FMX BD Units does the director report?

The Form 3 shows direct ownership of 13,127,400 BD Units and an additional 150,000 BD Units. These positions are separate from indirect BD Units held through joint accounts or a spouse and help establish the director’s direct equity exposure to the company’s BD Unit structure.

How does the FMX director describe beneficial ownership for joint and trust accounts?

For voting trust and joint account holdings, the director disclaims beneficial ownership except to the extent of her pecuniary interest. She notes shared voting power in the voting trust and specific portions of B and BD Units owned within joint accounts and a trust where she is a beneficiary.