Mexico City, Mexico, April 7, 2025 – Mexico City, Mexico, April 7, 2025 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or the “Company”) (BMV: HERDEZ), hereby announces that on April 23, 2025, it will propose to its shareholders’ meeting, among other matters, the potential distribution of a dividend in kind.
This would be carried out through the transfer of all shares owned by the Company, representing the share capital of Grupo Nutrisa, S.A. de C.V., a holding entity that operates the retail business which includes the Nutrisa®, Moyo®, Cielito Querido Café®, and Chilim Balam® brands.
It is expected that, prior to the distribution of this dividend, the shares of Grupo Nutrisa, S.A. de C.V. will be registered in the National Securities Registry (Registro Nacional de Valores) of the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), and listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V.), without conducting a public offering. The Company estimates that separating and distributing the shares of Grupo Nutrisa, S.A. de C.V. to Grupo Herdez shareholders would provide optionality and differentiation capacity to shareholders.
The Company is calling a shareholders’ meeting to present this proposal, it will make available to the Company’s shareholders and the investing public in general an information statement to support shareholders in their decision-making process.