Board of Directors

The Board of Directors of FEMSA consists of 19 members (17 Directors, 1 Secretary and 1 Alternate Secretary) and 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 are elected by the shareholders of the company at the Annual General Shareholders Meeting. Each Director is assigned a specific Alternate Director who is authorized to serve on the Board of Directors in the event that the Director is unable to attend meetings or otherwise participate in the activities of the Board of Directors.

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, Jose Antonio Fernandez, the CEO of FEMSA, has presided as Chairman of the Board of Directors.

Current members of the Board of Directors:

Series B

Series D

Chairman of the Board of Directors of Alfa and Alpek
Elected: 2003

Alternate: Enrique F. Senior Hernández*

Senior Associate of Carnegie Endowment for International Peace
Elected: 2011

Alternate: Francisco Zambrano Rodríguez*

Private Consultant
Elected: 2003
Chief Investment Officer of William H. Gates III
Elected: 2010

Alternate: Daniel Alberto Rodriguez Cofré

Partner of Munger, Tolles & Olson LLP
law firm
Elected: 2001

Alternate: Ernesto Cruz Velazquez de León*

Secretary:
Carlos Eduardo Aldrete Ancira

Alternate Secretary:
Arnulfo Eduardo Treviño Garza

Note: * Indicates Independent member

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