Barbara Garza Laguera Gonda (FMX) details B and BD Unit interests

Rhea-AI Filing Summary

Mexican Economic Development Inc. director Barbara Garza Laguera Gonda filed an initial Form 3 reporting her beneficial holdings in B Units and BD Units of FMX. Indirectly, securities are held through a Voting Trust and joint accounts, where she generally disclaims beneficial ownership beyond her pecuniary interest.

The filing explains that each B Unit represents five Series B Shares, while each BD Unit combines Series B, Series D-B and Series D-L shares, and some BD holdings are represented by American Depositary Receipts, each ADR corresponding to 10 BD Units.

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 barbara

(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
B Units	24,512(1)	I	By Joint Account(6)
BD Units	4(7)	I	By Joint Account(6)

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 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.

7. 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).

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 FMX director Barbara Garza Laguera Gonda report in this Form 3?

She reports her initial holdings of FMX B Units and BD Units as a director. The positions are held directly, through joint accounts, and via a Voting Trust structure, with beneficial ownership generally limited to her actual pecuniary interest in the contributed securities.

How are B Units of Mexican Economic Development Inc (FMX) defined in this filing?

B Units are described as securities made up of five Series B Shares without par value. This structure means each B Unit represents a bundle of underlying Series B equity, rather than a single share, which affects how unit counts relate to the company’s share capital.

What are BD Units of FMX according to Barbara Garza Laguera Gonda’s Form 3?

BD Units consist of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value. This combined structure creates a mixed security that ties together several series of FMX shares into a single tradable unit for reporting purposes.

How are FMX BD Units held through American Depositary Receipts in this Form 3?

Some BD Units are represented by American Depositary Shares, evidenced by ADRs. Each ADR corresponds to 10 BD Units, so depositary receipts aggregate multiple underlying BD Units into one U.S.-traded instrument, simplifying trading and custody for international investors in FMX securities.

What does the Voting Trust disclosure mean in the FMX Form 3 filing?

Securities are deposited in an irrevocable Voting Trust where multiple participants share voting power. The director is an indirect trust participant and disclaims beneficial ownership except for interests tied to her contributed securities, clarifying that she may not economically benefit from all trust-held FMX units.