Board of Directors

The Board of Directors of FEMSA consists of 17 Directors and is assisted by 1 Secretary (non-member) and 1 Alternate Secretary (non-member). In accordance with our bylaws and the Mexican Securities Law, at least 25% of the members of our board of directors must be independent. Directors and their specific Alternate Directors are appointed for a term of 1 year and are eligible for re-election after the completion of their term in office. The By-Laws of the Company provide that the holders of the FEMSA B Shares may elect at least eleven Directors and the holders of the FEMSA D Shares may elect five Directors.

Since 2001, José Antonio Fernández has presided as Chairman of the Board of Directors.

Current members of the Board of Directors:

Series B

Executive Chairman of the Board
Appointed to the Board: 2001
Alternate director: Federico Reyes Garcia

Director
Appointed to the Board: 2005

Director
Appointed to the Board: 1999

Director
Appointed to the Board: 2005

Director
Appointed to the Board: 1984
Alternate director: Francisco José Calderón Rojas

Director
Appointed to the Board: 2016
Alternate director: Juan Carlos Garza Garza

Director
Appointed to the Board: 2020
Alternate director: Maximino José Michel González

Director
Appointed to the Board: N.A.
Alternate: Arturo Fernández Pérez

Director
Appointed to the Board: 1995

Director
Appointed to the Board: 2004
Alternate Director: Bárbara Garza Lagüera Gonda

Independent Director
Appointed to the Board: 2001

Independent Director
Appointed to the Board: 2011

Series D

Independent Director
Appointed to the Board: 2015

Independent Director
Appointed to the Board: 2017

Independent Director
Appointed to the Board: 2019

Independent Director
Appointed to the Board: N.A.

Independent Director

SERIES D ALTERNATE DIRECTORS

Michael Kahn*
Independent Alternate Director

Francisco Zambrano Rodríguez*
Independent Alternate Director

Secretary (non-member): Alejandro Gil Ortiz

Alternate secretary (non-member): Sergio Rodríguez Pérez

Note: * Indicates Independent member