Conference Call Participants

Thiago Bortoluci – Goldman Sachs Group, Inc., Research Division
Rodrigo Alcantara – UBS Investment Bank, Research Division
Benjamin Theurer – Barclays Bank PLC, Research Division
Ricardo Alves – Morgan Stanley, Research Division
Robert Ford – BofA Securities, Research Division
Alejandro Fuchs – Itaú Corretora de Valores S.A., Research Division
Héctor Maya López – Scotiabank Global Banking and Markets, Research Division
Antonio Hernandez – Actinver Casa de Bolsa, S.A. de C.V., Research Division
Emiliano Hernández Marvan – GBM Grupo Bursátil Mexicano, S.A. de C.V. Casa de Bolsa, Research Division
Fernando Froylan Mendez Solther – JPMorgan Chase & Co, Research Division
Alvaro Garcia – Banco BTG Pactual S.A., Research Division
Carlos Alberto Laboy – HSBC Global Investment Research

Presentation

Operator

Hello, and welcome to the FEMSA Second Quarter 2026 Conference Call. My name is Malu, and I will be your moderator for today’s event. Please note that this conference is being recorded. [Operator Instructions] I would now like to hand the call over to Mr. Juan Fonseca, Investor Relations Director at FEMSA. Please go ahead.

Juan Fonseca
Vice President of Investor Relations

Good morning, everyone. Welcome to FEMSA’s Second Quarter 2026 Results Conference Call. Today, we are joined by Jose Antonio Fernandez Garza, FEMSA’s CEO; Martin Arias, our CFO; Pamela Ortiz, who is now heading the Investor Relations team at Coca-Cola FEMSA; and Enrique Manero, who as many of you know, has rejoined us to replace Pamela on our Investor Relations team. The plan is for Jose Antonio to open the conversation with some high-level comments on the quarter’s performance and trends, followed by Martin, who will provide more granular details on the results. Finally, we will open the call for your questions.

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