Mexico City, Mexico – March 10, 2010 – Coca-Cola FEMSA, S.A.B. de C.V.
(“Coca-Cola FEMSA” or the “Company”), the largest Coca-Cola bottler in Latin
America and the second-largest Coca-Cola bottler in the world in terms of sales
volume, announces that on April 14, 2010 it will hold its annual shareholders meeting
and an extraordinary shareholders meeting to amend its by-laws to reflect changes to
the shareholder agreement between subsidiaries of The Coca-Cola Company and
subsidiaries of Fomento Económico Mexicano, S.A.B. de C.V. agreed by such parties.
The main purpose of the amendment is to set forth that the appointment and
compensation of the chief executive officer and all officers reporting to the chief
executive officer, and that the adoption of decisions related to the ordinary operations
of Coca-Cola FEMSA shall only require a simple majority vote of the board of
directors. Decisions related to extraordinary matters (such as business acquisitions or
combinations, among others), shall continue requiring the vote of the majority of the
board of directors, with the vote of two of the members appointed by The Coca-Cola
Coca-Cola FEMSA also announced that the Record Date for the Holders of its ADSs is
March 18, 2010.
The notice for the shareholder meetings will be published in the following days.Descargar noticia