Board of Directors

The Board of Directors of FEMSA consists of 15 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 nine 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: 1984 as board member. 2001 as Chairman of the Board.
Alternate director: Francisco Javier Fernández Carbajal

Director
Appointed to the Board: 1999
Alternate director: José Antonio Fernández Garza Lagüera

Director
Appointed to the Board: 2004
Alternate director: Mariana Garza Lagüera Gonda

Director
Appointed to the Board: 2023
Alternate director: Diego Eugenio Calderon 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: 2022
Alternate: Arturo Fernández Pérez

Director
Appointed to the Board: 1998
Alternate Director: Javier Gerardo Astaburuaga Sanjines

Independent Director
Appointed to the Board: 2022

Independent Director
Appointed to the Board: 2011
Alternate director: Ricardo Guajardo Touché

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: 2023
Independent Director
Appointed to the Board: 2023

SERIES D ALTERNATE DIRECTORS

Michael Kahn*
Independent Alternate Director

Francisco Zambrano Rodríguez*
Independent Alternate Director

Jaime A. El Koury*
Independent Director

Secretary (non-member): Alejandro Gil Ortiz
Alternate secretary (non-member): Sergio Rodríguez Pérez

Note: * Indicates Independent member