FMX (NYSE: FMX) director details large B and BD unit stakes in Form 3

Rhea-AI Filing Summary

Mexican Economic Development Inc. director Paulina Garza Laguera Gonda has filed an initial Form 3 detailing her beneficial holdings of FMX units. The filing reports 1,384,426,997 B Units held indirectly through a Voting Trust, 38,000 B Units held directly, and additional B and BD Units held through joint and direct accounts. Footnotes explain that the units are bundled share packages, include ADR structures, and that she disclaims beneficial ownership beyond her pecuniary interest in the various trusts and joint accounts.

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

garza laguera gonda paulina

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

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 FMX director Paulina Garza Laguera Gonda report on her Form 3?

She reports initial beneficial ownership of FMX units. This includes 1,384,426,997 B Units held through a Voting Trust, plus direct and joint holdings of B and BD Units, reflecting her economic and voting interests as a new reporting insider.

How many FMX B Units are held through the Voting Trust on this Form 3?

The Form 3 shows 1,384,426,997 B Units held indirectly via a Voting Trust. She is an indirect trust participant with shared voting power and disclaims pecuniary interest beyond securities she contributed directly or indirectly to the trust.

What direct B Unit holdings does the FMX director report?

She reports 38,000 B Units held directly in her own name. In addition, joint accounts hold further B Units, including 7,600 B Units attributable to her within one joint account, where she disclaims beneficial ownership except for her pecuniary interest.

What BD Unit holdings are disclosed in the FMX Form 3?

The filing lists 13,127,400 BD Units held directly and 2,665,480 BD Units in a joint account. BD Units are bundles of one Series B Share, two Series D-B Shares and two Series D-L Shares, and some positions are also represented by ADRs.

How are FMX ADRs and BD Units structured in this filing?

Certain securities are held as American Depositary Shares evidenced by ADRs. Each ADR represents 10 BD Units, and each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value.

Does the FMX director fully own all B Units in the joint accounts?

No, she reports partial economic interests in joint accounts. One footnote states she indirectly owns 20% of the B Units in a joint account via a trust, and she disclaims beneficial ownership beyond her pecuniary interest in those units.