Mexico City, Mexico, November 18th, 2025 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or
the “Company”) (BMV: HERDEZ) hereby announces that on December 4th, 2025, it will propose to its shareholders’ meeting the sale of 25% of the shares representing the capital stock of McCormick de México S.A. de C.V., owned by the Company, in favor of McCormick & Company, for a price of $750 million US dollars. As a result of the Transaction, the Company will cease to consolidate McCormick de México.
The funds obtained from this transaction will be allocated to general corporate projects including, but not limited to, the purchase of assets, the refinancing of liabilities, and the payment of dividends.
The Company is calling a shareholders’ meeting to present this proposal and is making available to the Company’s shareholders and the investing public in general a brochure with information to support shareholders in their decision-making process.
In accordance with applicable legal and regulatory provisions, the entities involved prepared an Informative Prospectus on Corporate Restructuring for this transaction, which is available at https://grupoherdez.com.mx/category/inversionistas/ or on the Mexican Stock Exchange website https://www.bmv.com.mx/.
