Earnings release
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21 October Conference Call Toll free: 1-877-407-0784 Toll/International: 1-201-689-8560 Conference ID: 13762900 7:00 AM Mexico City Time (9:00 AM Eastern Time) Click here to join ← Mexico City, October 20, 2026
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3rd QUARTER 2026 RESULTS 2 Mexico City, October 20, 2026. - Bolsa Mexicana de Valores, S.A.B. de C.V. (the “Exchange” or “BMV”) (BMV: BOLSA A) announces its operating and financial results for the third quarter of 2026. KEY HIGHLIGHTS FOR THE QUARTER Revenue of MXN $1,161 million pesos and EBITDA of $635 million pesos, driven by derivatives, OTC trading at SIF ICAP and assets under custody at Indeval. KEY HIGHLIGHT OF THE QUARTER Capital Formation Adventus Capital makes its market debut with the first Simplified Issuance. OPERATING RESULTS Derivatives Supported by strong momentum in USD futures and higher AIMs. OTC Trading Driven by increased derivatives activity and improved commercial conditions. Indeval Supported by higher assets under custody from investment and retirement savings funds. FINANCIAL RESULTS Revenue $1,161 million pesos ▲ +5% +$59 million pesos, driven mainly by growth in derivatives, OTC and the central securities depository. Expenses $606 million pesos ▲ +12% +$63 million pesos, reflecting investments in personnel, technology and depreciation associated with strengthening operational and technological capabilities in line with the Digital Evolution strategy. EBITDA $635 million pesos ▲ +2% 55% margin, consistent with the execution of the Digital Evolution strategy. Comprehensive Financing Result $55 million pesos ▲ +1% Supported by foreign exchange gains recorded during the quarter, which offset lower financial income. Net Income $397 million pesos ▲ +1% +$4 million pesos, driven by a lower effective tax rate and a favorable performance in comprehensive financing re- sults. CAPEX(1) $198 million pesos year-to-date Investment in Digital Evolution and other strategic pro- jects. Changes compared with 3Q25; figures in million pesos. (1) Investment in Intangible Assets.
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3rd QUARTER 2026 RESULTS 3 MACROECONOMIC VARIABLES The Group’s perf ormance during the period was influenced by several macroeconomic variables, whose development is described below. Exchange Rate. In 3Q26, the Mexican peso continued to strengthen against the dollar, with an average exchange rate of $17.25 pesos per dollar, representing an appreciation of 7% compared with 3Q25 ($18.64) and 11% compared with the 9M25 average ($19.53 vs $17.39), based on data from Banco de México. Interest Rates. At quarter-end, Banxico’s target rate was 6.5%, 100 basis points below 3Q25 (7.5%). The Federal Reserve raised its benchmark rate by 25 basis points to a range of 3.75% to 4.0%, its first increase since July 2023. Inflation. INEGI reported annual inflation of 3.45% at the end of 3Q26, 31 basis points below the 3.76% recorded in 3Q25. HIGHLIGHTS The following figures show the performance of Grupo BMV’s main operating indicators. Operating Figures Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % ADTV - Equity(1)(2) 17,116 17,010 1% 19,800 17,407 14% Futures – Volume(3) 78,934 64,493 22% 72,911 57,847 26% Swaps Notional Value(1) 37,735 55,076 -31% 401,643 703,466 -43% Margin Deposits(1) 42,855 38,450 11% 41,396 42,282 -2% Custody(4) 48,486 43,751 11% 47,658 42,331 13% (1) Daily Average Traded Value | (2) Million pesos | (3) Daily Average | (4) Billion pesos. The performance of the operating indicators described above is reflected in Grupo BMV’s financial results . The following comparison presents the main quarterly and year -to-date financial figures. Financial Figures Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Revenues 1,161 1,102 5% 3,570 3,337 7% Expenses 606 543 12% 1,806 1,621 11% Operating Income 555 558 -1% 1,764 1,715 3% EBITDA 635 623 2% 1,983 1,903 4% EBITDA Margin 55% 57% -180pb 56% 57% -151pb Net Income 397 393 1% 1,241 1,230 1% CAPEX(1) 84 74 13% 198 165 20% Million pesos. (1) Investment in Intangible Assets.
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3rd QUARTER 2026 RESULTS 4 REVENUE Quarterly revenue totaled $1,161 million pesos, compared with $1,102 million pesos in 3Q25, representing growth of 5%. On a year-to-date basis, revenue reached $3,570 million pesos, an increase of $234 million pesos compared with the same period of 2025. Moderate revenue growth reflected softer activity in the equities markets and the strength of the Mexican peso, partially offset by growth in listed and OTC derivatives, as well as assets under custody. Quarterly Revenue Year-to-Date Revenue Million pesos. Million pesos. PERFORMANCE BY BUSINESS LINE Quarterly Revenue 3Q26 3Q25 Var. Var. % Revenue 1,160,972 1,101,504 59,468 5.4% Cash Equities 137,037 138,213 -1,175 -0.9% Trading - BMV 79,299 79,240 59 0.1% Clearing - CCV 57,738 58,972 -1,234 -2.1% Derivatives 79,626 66,816 12,810 19.2% Trading - MexDer 40,466 33,186 7,280 21.9% Clearing - Asigna 39,159 33,629 5,530 16.4% OTC (SIF ICAP) 184,014 165,424 18,590 11.2% Trading - SIF ICAP México 66,227 58,281 7,947 13.6% Trading - SIF ICAP Chile 117,787 107,144 10,643 9.9% Capital Formation 137,920 134,607 3,314 2.5% Listing Fees - BMV 26,410 26,049 360 1.4% Maintenance Fees - BMV 111,511 108,557 2,953 2.7% Central Securities Depository 367,439 350,685 16,755 4.8% Information Services 204,502 202,350 2,151 1.1% Price Vendor - Valmer 67,368 63,782 3,586 5.6% Data Sales 137,133 138,568 -1,435 -1.0% Others 50,433 43,410 7,023 16.2% Figures in thousand pesos. 1,128 1,107 1,102 1,133 1,212 1,198 1,161 1Q 2Q 3Q 4Q 2025 2026 2,875 3,126 2,913 3,027 3,337 3,570 2021 2022 2023 2024 2025 2026
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3rd QUARTER 2026 RESULTS 5 Year-to-Date Revenue 9M26 9M25 Var. Var. % Revenue 3,570,435 3,336,602 233,834 7.0% Cash Equities 453,848 407,491 46,358 11.4% Trading - BMV 261,489 234,728 26,761 11.4% Clearing - CCV 192,359 172,762 19,597 11.3% Derivatives 223,800 202,324 21,476 10.6% Trading - MexDer 114,685 96,534 18,151 18.8% Clearing - Asigna 109,115 105,790 3,324 3.1% OTC (SIF ICAP) 568,118 535,361 32,756 6.1% Trading - SIF ICAP México 200,466 177,626 22,840 12.9% Trading - SIF ICAP Chile 367,651 357,735 9,916 2.8% Capital Formation 415,351 406,016 9,335 2.3% Listing Fees - BMV 71,037 59,870 11,167 18.7% Maintenance Fees - BMV 344,314 346,146 -1,832 -0.5% Central Securities Depository 1,118,073 1,031,841 86,233 8.4% Information Services 608,915 606,853 2,062 0.3% Price Vendor - Valmer 191,100 185,073 6,028 3.3% Data Sales 417,815 421,780 -3,966 -0.9% Others 182,330 146,716 35,614 24.3% Figures in thousand pesos. The performance of the Group's main revenue drivers on a quarterly and year -to-date basis is detailed below: Cash Equities. During the quarter, this business recorded one million pesos or 1% decrease in revenue, reaching a total of $137 million pesos and contributing 12% of the Group's revenue. This result was mainly explained by: Equity trading on BMV. Revenue remained virtually at the same level as in 3Q25, in line with the average daily traded value (ADTV), which reached $17 billion pesos, 1% higher than in the third quarter of the previous year. In terms of contribution, the local market accounted for 54% of ADTV, while the International Quotation System (SIC), or global market, contributed the remaining 46%. Market share reached 82% during the quarter. On a year -to-date basis in 2026, revenue amounted to $261 million pesos, an 11% increase compared with 2025. At the end of September, ADTV stood at $20 billion pesos. Of this amount, 55 % corresponded to the local market and 45% to the global market. Market share also increased by two percentage points compared with September 2025, reaching 81%.
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3rd QUARTER 2026 RESULTS 6 Equities Market Operating Indicators Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Total at BMV Average daily traded value (1) 17,116 17,010 1% 19,800 17,407 14% Average daily volume (2) 191,599 222,507 -14% 221,777 246,612 -10% Local Average daily traded value (1) 9,283 9,672 -4% 10,947 9,877 11% Average daily volume (2) 184,605 213,698 -14% 212,483 239,123 -11% International Quotation System - SIC Average daily traded value (1) 7,833 7,338 7% 8,853 7,530 18% Average daily volume (2) 6,994 8,808 -21% 9,294 7,489 24% (1) Million pesos. | (2) Thousands of shares. Equity clearing at CCV. Revenue decreased 2% to $ 58 million pesos in the quarter compared with the same period of the previous year. This result was mainly driven by the decrease in ADTV in the Mexican equities market. Combined ADTV for the two stock exchanges reached $21 billion, virtually the same level recorded in the third quarter of 2025. On a year-to-date basis in 2026, CCV reported revenue of $192 million pesos, an increase of $20 million pesos, or 11%, compared with 2025. Year-to-date ADTV through September 2026 stood at $25 billion pesos, a 13% increase year over year. In 9M26, revenue from the equities segment totaled $454 million pesos, increasing $46 million pesos, or 11%, compared with the same period of 2025, driven by higher traded value in the equity market. Derivatives. During 3Q26, the business recorded a $13 million pesos, or 19%, increase in revenue, reaching a total of $80 million pesos and contributing 7% of the Group's revenue. Its contribution mainly came from: Derivatives trading at MexDer. Revenue increased by $7 million pesos, or 22%, driven by higher position roll-over volumes and increased demand for hedging instruments. As a result, open interest in peso-dollar futures contracts increased. In line with the above, average daily notional value in peso -dollar futures reached $663 million dollars, while open interest increased 33% to $14 billion dollars. S&P/BMV IPC futures increased 7% during the quarter. Average daily notional value stood at $832 million pesos, a 2% increase; however, open interest remained virtually unchanged. On a year -to-date basis, trading reported revenue of $115 million pesos, $18 million pesos, or 19%, higher than in September 2025, supported by a foreign exchange environment characterized by the appreciation of the peso against the dollar.
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3rd QUARTER 2026 RESULTS 7 TIIE swaps maintained the trend observed in 2026, with lower trading volumes and open interest, due to reduced demand for interest -rate hedges amid greater certainty regarding the path of the benchmark rate. Derivatives Market Operating Indicators Quarter Year-to-Date Contract type 3Q26 3Q25 Var. % 9M26 9M25 Var. % IPC Index 1,237 1,160 7% 1,238 1,440 -14% Mini IPC 3 4 -27% 3 5 -25% Currencies 66,192 53,172 24% 66,284 48,063 38% Bonds - - - 1 - - Equities 11,503 10,142 13% 5,385 8,334 -35% Subtotal 78,934 64,493 22% 72,911 57,847 26% TIIE Swaps 5,805 8,473 -31% 21,364 37,418 -43% TOTAL 84,740 72,966 16% 94,275 95,265 -1% Average Daily Volume TIIE Swaps Notional Amount Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Notional Value 37,735 55,076 -31% 401,643 703,466 -43% Million pesos Derivatives clearing at Asigna. In 3Q26, revenue increased 16% to $39 million pesos, driven by higher activity in foreign exchange futures, which resulted in higher Initial Margin Contributions. The increase in AIMs reflected greater exposure in participants' portfolios, arising from increased positions in currency contracts and futures expirations, which reduced netting between positions and raised collateral requirements. On a year -to-date basis in 2026, Asigna r eported revenue of $109 million pesos, $3 million pesos, or 3%, higher than in September 2025, mainly explained by increased activity in dollar futures amid the appreciation of the peso during the first nine months of the year, one of the most significant observed in recent years. Average Margin Deposits (AIMs) Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Margin Deposits 42,855 38,450 11% 41,396 42,282 -2% Million pesos. At the end of September 2026 , revenue from the derivatives segment reached $224 million pesos, an 11% increase compared with 9M25, equivalent to an additional $21 million pesos.
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3rd QUARTER 2026 RESULTS 8 OTC Trading (SIF ICAP). During the quarter, revenue totaled $184 million pesos, $19 million pesos higher than in 3Q25, representing an 11% increase and contributing 16% of the Group's revenue. Revenue derived from market activity was distributed as follows: Mexico. In 3Q26, revenue increased by $8 million pesos, representing a 14% increase compared with 3Q25. This change was driven by higher a ctivity in fixed income, derivatives and other over -the-counter market instruments, as well as improved commercial conditions. Chile. During the quarter, revenue increased by $11 million pesos, equivalent to 10% growth compared with 3Q25, driven by a market environment that remained dynamic throughout the quarter, benefiting trading across the different segments served by this business. On a year -to-date basis , OTC trading recorded revenue of $568 million pesos, $33 million pesos, or 6%, higher than in Se ptember 2025. In the same comparison, revenue in Mexico reached $200 million pesos, increasing 13%, while revenue in Chile totaled $368 million pesos, 3% above the level recorded in 9M25. Capital Formation. During 3Q26, this business generated revenue of $138 million pesos, an increase of 3%, or $3 million pesos, compared with 3Q25, representing 12% of the Group's consolidated revenue. Its contribution mainly came from recurring fees associated with: Listing. Revenue increased 1% compared with 3Q25. Dur ing the quarter, the first issuance under the Simplified Issuer framework was completed: Adventus Capital completed a securitization for $560 million pesos. In long -term debt, the Federal Electricity Commission (CFE) placed debt securities for $20 billion pesos, the largest issuance of the quarter. We also highlight LALAC's debut in the debt market, a subsidiary of Lala, through debt securities for $9 billion pesos. On a year-to-date basis, revenue ended at $71 million pesos, increasing $11 million pesos, or 19%, compared with 2025. The number of placements in the short -term debt markets remained virtually unchanged in both the quarterly and annual comparisons, while long -term debt markets recorded increases of 11% and 53% compared with 3Q25 and 9M25, respectively. Revenue associated with these placements does not have a linear relationship with the amounts issued, because applicable fees are subject to maximum limits that vary depending on the type of instrument and size of the issuance.
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3rd QUARTER 2026 RESULTS 9 Listing Activity - Placements Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Primary Equity Offerings New issuances - - - 1 - - Amount placed (1) - - - 4,793 - - CKDs Placements New issuances - - - - 2 - Amount placed (1) - - - - 681 - FIBRA Certificate Placements - New Listings - 1 -100% 2 1 - Amount placed (1) - 8,000 -100% 8,884 8,000 - FIBRA E Certificate Placements New Listings - - - 1 2 -50% Amount placed (1) - - - 4,299 84,963 -95% Medium- and Long- Term Debt Placements New Listings 30 27 11% 88 65 53% Amount placed (1) 74,276 78,028 -5% 267,142 184,903 80% Short- Term Debt Placements New Listings 384 375 2% 1,047 1,040 - Amount placed (1) 81,610 103,863 -21% 226,011 279,127 -18% (1) Million pesos. Maintenance. Quarterly revenue increased by $3 million pesos, or 3%, to $111 million pesos, due to a higher number of issuances compared with the previous year. At the end of September, revenue decreased by $2 million pesos, or 1%, compared with 2025. BMV recorded 481 long-term debt issuances, compared with 466 in September 2025. It is important to note that listings with maturities longer than one year will generate maintenance fees next year. On a year-to-date basis, capital formation revenue reached $415 million pesos, an increase of $9 million pesos, or 2%, compared with the same period of the previous year. Central Securities Depository (Indeval). During the quarter, revenue reached $367 million pesos, increasing $17 million pesos, or 5%, compared with 3Q25. Indeval contributed 32% of the Group's revenue, which mainly came from: Custody. In 3Q26, revenue increased by $20 million pesos, equivalent to double-digit growth compared with 3Q25. Average Value of Assets Under Custody Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Local 45,582 41,258 10% 44,873 39,921 12% Global 2,904 2,493 17% 2,785 2,410 16% Billion pesos.
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3rd QUARTER 2026 RESULTS 10 Assets under custody reached $48 trillion pesos at the end of 3Q26, repr esenting an increase of $5 trillion pesos, or 11%, compared with 3Q25. This performance was driven by greater participation from pension funds and investment funds. SIC Cross-Border Transactions. Revenue contracted 5%, equivalent to $4 million pesos, compared with 3Q25, as a result of lower trading activity during August, a month that traditionally records more moderate trading levels, and the foreign exchange effect associated with the dollar-denominated nature of this business. As of September 2026, revenue accumulated an 8% increase, equivalent to an additional $86 million pesos compared with the same period of 2025. This performance was driven by higher trading activity during the first half of the year and the adjustment to retail fees implemented in June 2025, which brought traded value and the number of transactions to record highs. Information Services. During the quarter, revenue reached $205 million pesos, remaining virtually stable compared with 3Q25 and affected by the strength of the peso against the dollar. This segment contributed 18% of the Group's consolidated revenue and mainly comprised the following businesses: Valmer. In 3Q26, revenue reached $67 million pesos, an increase of $4 million pesos, or 6%, compared with 3Q25. This performance reflected growth in sales of historical market information and valuation services. Market data. Revenue totaled $137 million pesos during the quarter, a decrease of one million pesos, or 1%, compared with 3Q25. This change was mainly explained by the impact of the appreciation of the peso against the dollar. On a year -to-date basis through September, Information Services revenue reached $609 million pesos, virtually unchanged compared with 2025. This performance reflects that the 3% growth recorded by Valmer was offset by lower Market Data revenue resulting from the appreciation of the peso against the dollar. Other revenue. During 3Q26, revenue amounted to $50 million, a 16% increase compared with 3Q25, due to higher revenue from Escuela BMV and infra structure. In 9M26 , revenue increased 24%, or $ 36 million pesos, driven mainly by Escuela BMV, infrastructure and the release of excess provisions in the previous year. This business mix enables the Group to maintain a balanced revenue base, with approximately half derived from market activity and the other half from recurring sources, contributing to greater financial stability throughout market cycles.
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3rd QUARTER 2026 RESULTS 11 EXPENSES During the third quarter of 2026, the Group's expenses stood at $606 million pesos, a 12% increase compared with 3Q25. Year-to-date expenses reached $1,806 million pesos, equivalent to an additional $185 million pesos, or 11%, compared with the same period of the previous year. The increase reflects the strengthening of the technology and talent capabilities required to advance the Digital Evolution Program and maintain the uninterrupted operation of the Group's businesses. Quarterly Expenses Year-to-Date Expenses Million pesos. Million pesos. Expenses Breakdown Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Compensation & benefits 288 252 14% 862 764 13% Technology 125 115 8% 366 329 11% Depreciation & amortization 80 64 25% 218 188 16% Rent and maintenance 21 20 8% 64 57 12% Professional services 34 28 21% 98 89 10% Sub-custody fees 23 20 14% 69 62 11% Regulatory fees 11 10 8% 32 29 8% Marketing 12 15 -19% 45 45 1% Other 13 19 -33% 52 58 -12% TOTAL 606 543 12% 1,806 1,621 11% Million pesos. The following section presents the Group’s main expense drivers and their performance in the third quarters of 2025 and 2026, as well as year-to-date results. Compensation and benefits. Expenses reached $288 million pesos, representing an increase of $36 million pesos, or 14%, compared with 3Q25. On a year-to-date basis, expenses amounted to $862 million pesos, an increase of $98 million pesos, or 13%, compared with the same period of the previous year, reflecting the addition of strategic talent to advance the Digital Evolution Program. Although expenses increased 543 535 543 600595 605 606 1Q 2Q 3Q 4Q 2025 2026 1,340 1,358 1,430 1,489 1,621 1,806 2021 2022 2023 2024 2025 2026
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3rd QUARTER 2026 RESULTS 12 compared with the previous year, their performance throughout 2026 has remained consistent. Technology. Expenses totaled $125 million pesos in 3Q26, an annual increase of 8%, equivalent to $9 million pesos. In 9M26, they reached $366 million pesos, representing an increase of 11%, or $37 million pesos, compared with the same period of the previous year. In both periods, the increase was explained by higher costs for software licenses, specialized services and telecommunications services, in line with investments in technology infrastructure and support for business operations. Depreciation and amortization. During the quarter, expenses reached $80 million pesos, $16 million pesos, or 25%, higher than in the third quarter of the previous year. On a year-to-date basis, they increased by MXN 30 million, or 16%, reaching a total of $218 million pesos. This growth was mainly explained by the amortization of gap - closing, or evergreen, projects across the Group's different platforms. Rent and maintenance. Expenses amounted to $21 million pesos, $2 million pesos, or 8%, higher than in 3Q25. On a year -to-date basis, they increased by $7 million pesos, or 12%, reaching a total of $64 million pesos. Both quarterly and year -to-date performance reflect investments in projects to improve and maintain the Group's facilities. Marketing. In 3Q26, expenses totaled $12 million pesos, a decrease of $3 million pesos, or 19%, compared with 3Q25, mainly due to a more selective execution of events planned for the period. On a year-to-date basis, revenue remained virtually unchanged compared with 9M25, increasing 1% to reach MXN $45 million. IMPACT OF FOREIGN EXCHANGE ON RESULTS At the end of September 2026, the peso appreciated 10% against the dollar, with an average exchange rate of $17.49 pesos per dollar, compared with $19.43 pesos per dollar in the same period of the previous year. Foreign exchange effect on results. Assuming a constant(1) exchange rate of $19.53 pesos per dollar during the first nine months of 2026, revenue would have amounted to $3,703 million pesos, or an additional $133 million pesos compared with reported results, representing growth of 11% compared with 9M25 instead of the 7% reported. Expenses would have increased by $37 million pesos to $1,843 million pesos, while EBITDA would have reached $2,079 million pesos, an additional increase of $96 million pesos, or 9%. This effect is mainly explained by Indeval's and Market Data's exposure to dollar -denominated revenue. Expenses associated with information and technology services are also denominated in foreign currency.
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3rd QUARTER 2026 RESULTS 13 Constant(1) currency impact on year-to-date results 9M25 9M26 YoY Change % 9M26 vs. 9M25 9M26* Var. 9M26* vs. 9M26 Var. % 9M26* vs. 9M25 Revenue 3,337 3,570 7% 3,703 133 11% Expenses 1,621 1,806 11% 1,843 37 14% EBITDA 1,903 1,983 4% 2,079 96 9% Figures in million pesos. (1) Exchange rate for 9M26: $17.39 pesos per dollar. | (2) Exchange rate for 9M25: $19.53 pesos per dollar. FINANCIAL RESULTS The table below summarizes the Gr oup’s main financial and balance sheet indicators as of September 2026. Key Financial Result Figures Quarter Year-to-Date 3Q26 3Q25 Var. % 9M26 9M25 Var. % Operating Income 555 558 -1% 1,764 1,715 3% Operating Margin 48% 51% -287pb 49% 51% -199pb Comprehensive Financing Result 55 55 1% 161 198 -19% EBITDA 635 623 2% 1,983 1,903 4% EBITDA Margin 55% 57% -180pb 56% 57% -151pb Taxes 179 191 -6% 577 591 -2% Tax Rate 29% 31% -178pb 30% 31% -93pb Minority Interest -40 -35 14% -122 -114 7% Net Income 397 393 1% 1,241 1,230 1% Million pesos. Revenue growth during the quarter was accompanied by a faster expansion in expenses related to the Digital Evolution strategy, resulting in a decline in operating income and margins. As a result, net income growth was moderated. Nevertheless, net income benefited from a lower tax burden, driven by a reduction in the effective tax rate from 31.1% to 29.3%, partially supported by the recognition of deferred tax during the period. Additionally, the comprehensive financing result remained consistent with the prior year, as foreign exchange gains generated by the treasury's dollar position partially offset the decline in interest income resulting from a lower interest rate environment. On a year-to-date basis, operating income grew 3%; however, this performance was partially offset by a 19% decline in the comprehensive financing result, driven by lower financial income following reductions in the Central Bank's benchmark interest rates. As a result, net income increased by 1%.
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3rd QUARTER 2026 RESULTS 14 The balance sheet as of September 2026 reported the following figures: Key Balance Sheet Figures Sep. 26 Dec. 25 Var. Var. % Current Assets 4,311 4,307 4 0% Cash 3,649 3,793 -143 -4% Non-Current Assets 5,019 5,024 -5 0% Current Liabilities 1,039 853 186 22% Long-Term Liabilities 330 425 -95 -22% Stockholders´ Equity 7,961 8,053 -92 -1% Million pesos. As of September 2026, the Group maintained a solid financial position, with $3,649 million pesos in cash and cash equi valents. The 4% decrease was primarily driven by dividend payments and share repurchases, which were partially offset by cash flow generated from operations. Current liabilities increased as of September 2026, mainly due to deferred revenue associated with the annual maintenance fees charged to listed issuers at the beginning of the year. The decrease in long -term liabilities was primarily attributable to the expiration of hardware lease agreements. The Group’s cash flow statement as of September 2026 reflected the following figures: Key Cash Flow Figures September 2026 Operating activities Net Cash Flow from Operating Activities 1,681.4 Investing Activities Acquisition of Intangible Assets -198.3 Financing activities Dividends Paid to Controlling and Non-Controlling Shareholders -1,281.6 Share buyback program -161.3 Net Increase (Decrease) in Cash and Cash Equivalents -143.1 Cash and Cash Equivalents at Beginning of Period 3,792.6 Cash and Cash Equivalents at End of Period 3,649.5 Figures in million pesos. During the first nine months of 2026, the primary source of cash generation was the Group’s operating activities, which generated $1,681 million pesos in cash flow. These resources were used primarily in three areas: dividend payments totaling $ 1,282 million, investments in intangible assets of $198 million pesos, and share repurchases amounting to $161 million pesos. As a result, the $143 million pesos decrease in cash was not associated with a deterioration in operating p erformance, but rather with the use of resources to remunerate shareholders and invest in the development of the business.
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3rd QUARTER 2026 RESULTS 15 Third Quarter 2026 Statement of Income(1) 3Q26 3Q25 Var. Var. % Revenues 1,160,972 1,101,504 59,468 5.4% Cash Equities 137,037 138,213 -1,175 -0.9% Cash equities trading- BMV 79,299 79,240 59 0.1% Cash equities clearing- CCV 57,738 58,972 -1,234 -2.1% Derivatives 79,626 66,816 12,810 19.2% MexDer 40,466 33,186 7,280 21.9% Derivatives trading 36,271 28,696 7,575 26.4% Data sales-MexDer 4,195 4,491 -295 -6.6% Asigna 39,159 33,629 5,530 16.4% Derivatives Clearing 38,896 33,150 5,747 17.3% Data Sales- Asigna 263 480 -217 -45.2% OTC (SIF ICAP) 184,014 165,424 18,590 11.2% OTC trading 183,267 164,738 18,529 11.2% SIF ICAP México 65,481 57,595 7,886 13.7% SIF ICAP Chile 117,787 107,144 10,643 9.9% SIF ICAP data sales 747 686 61 8.9% Capital Formation 137,920 134,607 3,314 2.5% Listing fees- BMV 26,410 26,049 360 1.4% Maintenance Fee- BMV 111,511 108,557 2,953 2.7% Custody 367,439 350,685 16,755 4.8% Information Services 204,502 202,350 2,151 1.1% Price Vendor- Valmer 67,368 63,782 3,586 5.6% Data Sales 137,133 138,568 -1,435 -1.0% Others 50,433 43,410 7,023 16.2% Colocation 7,543 7,379 165 2.2% Others 42,890 36,031 6,859 19.0% Expenses 605,988 543,287 62,701 11.5% Compensation and benefits 287,678 251,880 35,797 14.2% Technology 124,530 115,390 9,141 7.9% Depreciation and amortization 80,481 64,495 15,987 24.8% Rent and maintenance 21,144 19,618 1,526 7.8% Professional services 33,540 27,657 5,883 21.3% +Sub-custody services 22,942 20,194 2,748 13.6% Regulatory fees 10,529 9,742 787 8.1% Marketing 12,480 15,427 -2,947 -19.1% Others 12,664 18,884 -6,221 -32.9% Operating Income 554,984 558,217 -3,233 -0.6% Operating Margin 47.80% 50.68% 0 -287pb Comprehensive Financing Income 55,170 54,764 406 0.7% Interest Gain (Losses) 49,937 54,921 -4,983 -9.1% Exchange gain (Losses) 5,233 -156 5,389 - Dividends Income before Taxes and Minority Interests 610,154 612,981 -2,828 -0.5% Taxes 178,957 190,698 -11,742 -6.2% Tax Rate 29.3% 31.1% -1.8% -180pb Associated companies results 5,270 5,267 4 0.1% Minority Interests -39,523 -34,636 -4,886 14.1% Net Income 396,945 392,913 4,032 1.0% Net margin 34.2% 35.7% -148pb Depreciation and Amortization 80,481 64,495 15,987 24.8% EBITDA 635,465 622,712 12,753 2.0% EBITDA Margin 54.7% 56.5% -180pb Thousands of shares 551,591 558,766 -1.3% Earnings per Share 0.72 0.70 2.3% (1) Thousand pesos.
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3rd QUARTER 2026 RESULTS 16 Year-to-Date 2026 Statement of Income (1) 9M26 9M25 Var. Var. % Revenues 3,570,435 3,336,602 233,834 7.0% Cash Equities 453,848 407,491 46,358 11.4% Cash equities trading- BMV 261,489 234,728 26,761 11.4% Cash equities clearing- CCV 192,359 172,762 19,597 11.3% Derivatives 223,800 202,324 21,476 10.6% MexDer 114,685 96,534 18,151 18.8% Derivatives trading 102,195 82,775 19,420 23.5% Data sales-MexDer 12,490 13,758 -1,269 -9.2% Asigna 109,115 105,790 3,324 3.1% Derivatives Clearing 108,554 105,024 3,531 3.4% Data Sales- Asigna 560 767 -206 -26.9% OTC (SIF ICAP) 568,118 535,361 32,756 6.1% OTC trading 566,007 533,259 32,749 6.1% SIF ICAP México 198,356 175,523 22,832 13.0% SIF ICAP Chile 367,651 357,735 9,916 2.8% SIF ICAP data sales 2,111 2,103 8 0.4% Capital Formation 415,351 406,016 9,335 2.3% Listing fees- BMV 71,037 59,870 11,167 18.7% Maintenance Fee- BMV 344,314 346,146 -1,832 -0.5% Custody 1,118,073 1,031,841 86,233 8.4% Information Services 608,915 606,853 2,062 0.3% Price Vendor- Valmer 191,100 185,073 6,028 3.3% Data Sales 417,815 421,780 -3,966 -0.9% Others 182,330 146,716 35,614 24.3% Colocation 22,407 23,019 -612 -2.7% Others 159,923 123,697 36,226 29.3% Expenses 1,805,993 1,621,167 184,826 11.4% Compensation and benefits 862,470 764,137 98,333 12.9% Technology 365,636 328,829 36,806 11.2% Depreciation and amortization 218,356 188,034 30,322 16.1% Rent and maintenance 63,540 56,532 7,008 12.4% Professional services 97,962 88,812 9,150 10.3% Sub-custody services 69,492 62,387 7,105 11.4% Regulatory fees 31,587 29,226 2,361 8.1% Marketing 45,253 44,725 528 1.2% Others 51,697 58,484 -6,787 -11.6% Operating Income 1,764,442 1,715,434 49,008 2.9% Operating Margin 49.42% 51.41% 0 -199pb Comprehensive Financing Income 161,007 198,313 -37,306 -18.8% Interest Gain (Losses) 160,443 216,275 -55,833 -25.8% Exchange gain (Losses) 564 -17,962 18,527 - Dividends 0 5,009 -5,009 - Income before Taxes and Minority Interests 1,925,449 1,918,756 6,693 0.3% Taxes 577,032 591,237 -14,205 -2.4% Tax Rate 30.0% 30.9% -0.9% -93pb Associated companies results 14,888 16,070 -1,183 -7.4% Minority Interests -122,284 -113,952 -8,332 7.3% Net Income 1,241,021 1,229,637 11,384 0.9% Net margin 34.8% 36.9% -209pb Depreciation and Amortization 218,356 188,034 30,322 16.1% EBITDA 1,982,798 1,903,469 79,330 4.2% EBITDA Margin 55.5% 57.0% -151pb Thousands of shares 551,591 558,766 -1.3% Earnings per Share 2.25 2.20 2.2% (1) Thousand pesos
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3rd QUARTER 2026 RESULTS 17 Balance Sheet as of September 30th, 2026 (1) September 2026 December 2025 Var. Var. % Total Assets 9,330 9,332 -2 0% Cash & Investment 3,649 3,793 -143 -3.8% Accounts Receivable 553 392 161 41.0% Recoverable Taxes 109 122 -14 -11.3% Total Current Assets 4,311 4,307 4 0.1% Long Term Accounts Receivable 135 110 26 23.3% Other Non-Current Financial Assets - 82 -82 - Investments in Associated Companies 26 26 0 0.9% Fixed Assets 407 417 -10 -2.4% Goodwill 3,084 3,084 - - Other Non-Current Assets 1,367 1,306 61 4.7% Total Non-Current Assets 5,019 5,024 -5 -0.1% Total Liabilities 1,369 1,279 90 7.1% Suppliers and Other Accounts to Pay 689 676 13 1.9% Deferred Income 197 11 186 - Taxes Payable 152 166 -14 -8.3% Other Short Term Financial Liabilities - - - - Total Current Liabilities 1,039 853 186 21.7% Bank Loans & Provisions 330 425 -95 -22.4% Total Long Term Liabilities 330 425 -95 -22.4% Stockholders Equity 7,961 8,053 -92 -1.1% Capital Stock 4,258 4,258 - - Premium in issue of shares 0 0 0 - Retained Earnings and Reserves 2,621 2,675 -54 -2.0% Other Results 759 766 -7 -0.8% Minority Interest 323 355 -32 -9.0% Liabilities + Stockholders Equity 9,330 9,332 -2 0% (1) Million pesos
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3rd QUARTER 2026 RESULTS 18 Cash Flow as of September 30th, 2026 (1) Operating activities September 2026 Income before taxes 1,940.3 Depreciation and amortization 218.4 Subsidiary Results -14.9 Interest on financial leasing 18.5 Net foreign exchange differences -10.7 Cash flow from income before taxes 2,151.6 Net cash flow from operating activity Changes in working capital 80.8 Taxes Paid -551.0 Net cash flow from operating activities 1,681.4 Investment activities Investment in fixed assets -20.4 Investment in intangible assets -198.3 Cash flow available (needed) for financing activities 1,462.7 Financing activities Lease payment -162.9 Share Buyback Program -161.3 Dividends paid to controlling and non-controlling shareholders -1,281.6 Net increase (decrease) in cash -143.1 Cash balance at beginning of period 3,792.6 Cash balance at end of period 3,649.5 (1) Million pesos
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Appendix
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3rd QUARTER 2026 RESULTS 20 I – Operating Figures of the Stock Market 2026 Domestic Equities Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Number of Trades 9,049,121 9,206,578 10,984,461 9,540,676 9,211,092 10,140,411 9,656,416 8,330,378 9,380,891 Daily Average 430,911 484,557 523,070 477,034 460,555 460,928 419,844 396,685 446,709 Value Traded (1) 232,185 223,627 265,808 227,570 245,763 259,649 208,427 160,710 234,233 Daily Average (1) 11,056 11,806 12,658 11,378 12,288 11,802 9,062 7,653 11,154 Trading Volume (2) 4,121,477 4,194,008 5,402,948 4,110,914 4,744,423 5,373,769 3,489,363 3,309,631 5,200,311 Daily Average (2) 196,261 220,737 257,283 205,546 237,221 244,262 151,711 157,601 247,634 2026 Global Market Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Number of Trades 289,281 253,531 250,456 278,874 345,958 398,463 357,450 317,551 331,015 Daily Average 13,775 13,344 11,926 13,944 17,298 18,112 15,541 15,121 15,763 Value Traded (1) 177,469 161,002 217,684 170,436 212,981 215,738 176,627 156,229 176,291 Daily Average (1) 8,451 8,536 10,366 8,522 10,649 9,806 7,679 7,439 8,395 Trading Volume (2) 191,529 202,257 210,161 251,509 218,434 218,819 117,641 165,543 171,424 Daily Average (2) 9,120 10,645 10,008 12,575 10,922 9,946 5,115 7,883 8,163 (1) Million pesos (2) Thousands of shares II – Operating Figures Futures Market 2026 Futures Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Number of Trades 11,686 10,405 21,456 12,369 12,695 15,691 9,360 10,366 15,815 Volumen (1) 1,312,793 492,628 2,266,784 766,518 1,247,143 2,490,716 2,047,558 444,350 2,638,824 Notional Value(2) 221,056 83,878 422,749 140,541 225,467 453,777 362,516 82,077 360,514 Open Interest(1) 1,867,669 2,034,488 1,886,022 2,186,591 2,130,165 2,150,810 1,472,795 1,528,677 1,818,259 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Margin deposits (2) 37,644 37,526 41,193 42,303 42,160 43,177 42,431 44,182 41,952 (1) Contracts (2) Million pesos
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3rd QUARTER 2026 RESULTS 21 II.a – Futures Market Detail U.S. DOLLAR EURO IPC INDEX Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 135 1,161,077 208,182 1,510,467 2 250 52 150 11,452 17,657 11,928 14,731 Feb-26 79 407,954 71,355 1,697,074 0 0 0 150 10,194 16,687 11,847 14,155 Mar-26 266 2,196,903 391,632 1,544,085 0 0 0 150 21,108 46,137 30,885 9,036 Apr-26 92 735,548 129,743 1,843,523 2 250 51 100 12,239 15,429 10,664 10,448 May-26 89 1,213,717 211,986 1,777,466 0 0 0 100 12,470 19,111 13,174 13,360 Jun-26 148 2,443,024 428,032 1,803,782 2 200 40 100 15,496 37,295 25,552 11,214 Jul-26 143 1,996,846 352,909 1,115,361 0 0 0 100 9,140 13,593 9,168 12,227 Aug-26 129 417,306 72,307 1,162,359 0 0 0 100 10,168 14,590 9,624 13,771 Sep-26 160 1,888,099 325,075 1,409,320 2 200 40 100 15,513 52,247 33,624 16,759 MINI IPC ALFA ALSEA Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 28 28 4 11 10 62,500 113 70,239 2 400 2 200 Feb-26 42 59 8 27 9 17,199 32 53,040 3 200 1 0 Mar-26 25 61 8 21 0 0 0 53,040 0 0 0 0 Apr-26 10 28 4 1 1 4,527 9 48,513 0 0 0 0 May-26 112 237 33 20 0 0 0 48,513 0 0 0 0 Jun-26 20 46 6 4 0 0 0 48,513 0 0 0 0 Jul-26 36 41 6 5 0 0 0 48,513 2 150 1 50 Aug-26 43 44 6 5 0 0 0 48,513 1 50 0 0 Sep-26 90 100 13 10 4 97,026 183 48,513 0 0 0 0 ASUR BOLSA FEMSA Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 0 0 0 0 0 0 0 0 1 1,000 19 1,000 Feb-26 1 10 1 10 0 0 0 0 3 1,060 22 1,000 Mar-26 2 20 1 10 2 300 1 100 4 1,270 25 2,270 Apr-26 3 120 7 110 1 100 0 0 0 0 0 2,270 May-26 0 0 0 110 0 0 0 0 10 2,908 64 2,000 Jun-26 5 50 3 100 0 0 0 0 8 3,000 67 1,000 Jul-26 6 420 22 320 0 0 0 0 14 8,002 187 2,016 Aug-26 2 120 6 440 0 0 0 0 1 500 10 2,516 Sep-26 1 10 0 450 0 0 0 0 1 500 11 2,016 (1) Contracts | (2) Million pesos
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3rd QUARTER 2026 RESULTS 22 II.a – Futures Market Detail GRUPO MEXICO GRUMA LACOMER Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 17 21,920 456 23,080 9 2,070 68 2,070 0 0 0 0 Feb-26 20 21,595 469 1,485 6 1,680 57 3,150 1 100 0 100 Mar-26 2 100 2 1,485 1 650 21 2,500 2 100 0 0 Apr-26 1 50 1 1,535 0 0 0 2,500 0 0 0 0 May-26 8 9,150 192 6,485 0 0 0 2,500 1 200 1 200 Jun-26 3 2,900 60 6,685 0 0 0 2,500 1 100 0 300 Jul-26 9 9,200 186 1,485 0 0 0 2,500 0 0 0 300 Aug-26 2 2,970 72 1,485 0 0 0 2,500 0 0 0 300 Sep-26 4 3,730 86 5,215 4 5,000 118 2,500 0 0 0 300 LIVERPOOL ORBIA TELEVISA Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 16 16,661 179 16,661 9 6,150 12 5,850 1 20,000 23 221,280 Feb-26 21 3,991 44 20,652 9 4,950 11 6,100 7 13,878 16 234,780 Mar-26 26 10,915 122 31,567 7 900 2 6,000 4 1,078 1 234,658 Apr-26 12 4,866 54 36,433 1 2,000 4 4,000 3 400 0 234,258 May-26 4 1,720 18 38,153 0 0 0 4,000 1 100 0 234,358 Jun-26 2 100 1 38,253 0 0 0 4,000 2 1,000 1 234,358 Jul-26 0 0 0 38,253 2 4,380 10 2,380 2 5,525 5 239,883 Aug-26 0 0 0 38,253 2 400 1 2,380 2 600 1 239,283 Sep-26 8 77,376 813 39,123 2 2,000 4 2,380 18 468,216 388 240,583 TESLA WALMART VOLAR Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 0 0 0 0 3 2,580 16 1,420 1 500 1 500 Feb-26 1 2 0 2 2 2,000 12 2,000 3 1,250 2 750 Mar-26 0 0 0 0 5 8,000 47 0 2 350 0 1,100 Apr-26 0 0 0 0 0 0 0 0 4 3,200 4 2,900 May-26 0 0 0 0 0 0 0 0 0 0 0 2,900 Jun-26 0 0 0 0 0 0 0 0 2 2,900 4 0 Jul-26 0 0 0 0 1 100 0 100 0 0 0 0 Aug-26 0 0 0 0 4 300 1 0 1 200 0 200 Sep-26 0 0 0 0 0 0 0 0 0 0 0 200 (1) Contracts | (2) Million pesos For more information, check out our monthly operation reports: https://www.bmv.com.mx/es/relacion-con-inversionistas/resultados-operativos
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3rd QUARTER 2026 RESULTS 23 III – Operating Results of the Options Market 2026 Options Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Number of Trades 5 10 7 15 9 6 21 9 15 Volumen (1) 30,600 61,230 23,100 43,600 37,380 3,200 124,817 26,900 19,000 Notional Value (2) 246 383 283 459 310 252 715 335 606 Open Interest (1) 30,600 91,730 20,800 64,400 100,790 1,400 126,017 152,817 25,800 (1) Contracts | (2) Million pesos III.a – Options Market Detail U.S. DOLLAR IPC INDEX ALFA Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 2 600 106 600 0 0 0 0 0 0 0 0 Feb-26 0 0 0 600 4 200 143 100 0 0 0 0 Mar-26 3 600 108 800 0 0 0 0 1 10,000 17 10,000 Apr-26 3 600 103 1,400 0 0 0 0 0 0 0 10,000 May-26 4 1,000 172 1,600 0 0 0 0 0 0 0 10,000 Jun-26 5 1,200 209 1,400 0 0 0 0 0 0 0 0 Jul-26 1 200 35 1,600 2 200 134 200 2 30,000 50 30,000 Aug-26 3 800 137 2,400 1 100 69 200 0 0 0 30,000 Sep-26 10 2,000 346 1,800 0 0 0 0 0 0 0 0 AMERICA MOVIL ASUR CEMEX Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 1 20,000 36 20,000 0 0 0 0 0 0 0 0 Feb-26 1 20,000 39 40,000 1 1,000 64 1,000 1 20,000 43 20,000 Mar-26 0 0 0 0 1 2,000 116 0 1 10,000 21 10,000 Apr-26 2 10,000 23 10,000 1 1,000 56 1,000 1 10,000 21 20,000 May-26 0 0 0 10,000 2 380 20 1,190 2 35,000 78 55,000 Jun-26 0 0 0 0 0 0 0 0 0 0 0 0 Jul-26 2 35,000 78 35,000 5 1,417 69 1,217 2 40,000 89 40,000 Aug-26 0 0 0 35,000 0 0 0 1,217 1 15,000 27 55,000 Sep-26 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts | (2) Million pesos
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3rd QUARTER 2026 RESULTS 24 III.a – Options Market Detail FEMSA GAP GRUPO MEXICO Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 1 5,000 80 5,000 0 0 0 0 0 0 0 0 Feb-26 0 0 0 5,000 0 0 0 0 0 0 0 0 Mar-26 0 0 0 0 1 500 21 0 0 0 0 0 Apr-26 2 3,000 61 3,000 0 0 0 0 2 6,000 122 6,000 May-26 0 0 0 3,000 1 1,000 41 1,000 0 0 0 6,000 Jun-26 0 0 0 0 0 0 0 0 1 2,000 44 0 Jul-26 1 1,000 22 1,000 1 1,000 39 1,000 3 8,000 162 8,000 Aug-26 0 0 0 1,000 0 0 0 1,000 1 2,000 44 10,000 Sep-26 0 0 0 0 0 0 0 0 4 10,000 226 9,000 META WALMART Trades Contracts(1) Notional Value(2) Open Interest (1) Trades Contracts(1) Notional Value(2) Open Interest (1) Jan-26 0 0 0 0 1 5,000 24 5,000 Feb-26 1 30 0 30 2 20,000 94 25,000 Mar-26 0 0 0 0 0 0 0 0 Apr-26 0 0 0 0 2 8,000 44 8,000 May-26 0 0 0 0 0 0 0 8,000 Jun-26 0 0 0 0 0 0 0 0 Jul-26 0 0 0 0 2 8,000 39 8,000 Aug-26 0 0 0 0 0 0 0 8,000 Sep-26 0 0 0 0 0 0 0 0 (1) Contracts | (2) Million pesos IV – Operating Results of the Swaps Market 2026 Swaps Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Number of Trades 439,610 487,300 552,430 625,590 828,100 706,050 65,100 76,200 236,050 Volumen (1) 43,961 48,730 55,243 62,559 82,810 70,605 6,510 7,620 23,605 Notional Value (2) 8,482,363 8,176,203 7,478,752 7,441,291 7,815,081 7,966,111 7,872,901 7,711,371 7,575,421 Open Interest (1) 439,610 487,300 552,430 625,590 828,100 706,050 65,100 76,200 236,050 (1) Contracts| (2) Million pesos
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3rd QUARTER 2026 RESULTS 25 V – Operating Figures SIF ICAP Mexico SIF ICAP México 2026 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Corporate Bonds Daily Average Number of Trades 0 0 0 0 0 Average Transaction Size (28 day terms)(1)* 9,611 5,749 12,965 1,604 1,923 Daily Average Amount (28 day terms) (1)* 458 1,095 1852 382 366 Government Bonds Daily Average Number of Trades 199 194 274 232 197 233 228 221 226 Average Transaction Size (28 day terms)(1)* 16,854 15,426 16,195 14,710 20,196 17,675 20,743 22,241 20,930 Daily Average Amount (28 day terms)(1)* 3,353,165 2,993,447 4,440,442 3,414,781 3,969,964 4,121,576 4,736,234 4,919,550 4,729,071 IRS / Basis Daily Average Number of Trades 8 8 10 9 6 8 8 8 9 Average Transaction Size (28 day terms)(1)* 10,366 6,861 6,849 8,442 6,235 7,236 6,801 6,646 7,259 Daily Average Amount (28 day terms)(1)* 83,917 53,906 66,209 71,960 38,006 58,235 53,757 52,854 66,023 SET-TD Daily Average Number of Trades 129 106 123 105 105 129 134 115 114 Average Transaction Size (28 day terms)(1)* 147 139 142 168 134 135 146 143 150 Daily Average Amount (28 day terms)(1)* 18,983 14,717 17,525 17,732 14,004 17,404 19,524 16,440 17,046 SIPO Daily Average Number of Trades 120 112 125 123 122 134 144 119 127 Average Transaction Size (28 day terms)(1)* 415 681 685 512 436 441 344 355 419 Daily Average Amount (28 day terms)(1)* 49,950 76,605 85,715 62,893 53,341 59,178 49,524 42,101 53,243 SIPO Corro Daily Average Number of Trades 5 5 6 4 4 3 4 4 4 Average Transaction Size (28 day terms)(1)* 16,314 11,497 6,343 8,505 10,267 13,833 7,544 8,904 7,872 Daily Average Amount (28 day terms)(1)* 78,460 56,939 35,642 37,259 39,600 47,427 28,739 36,890 34,112 (1) Million pesos.
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3rd QUARTER 2026 RESULTS 26 VI – Short and Long term issues INSTRUMENT Jan‘26 Feb ‘26 Mar ‘26 Apr ‘26 May ‘26 Issu- ances Amount Issu- ances Amount Issuances Amount Issuances Amount Issuances Amount Structured debt of fi- nancial institutions and / or subsidiaries 1 997 1 1,002 1 1,009 1 856 1 857 Short term ICS 27 1,639 32 1,903 31 1,783 34 2,220 37 2,553 Subordinated deben- tures / obligations 18 64,782 16 58,167 16 57,863 16 58,040 16 58,009 Secured government certificates 265 787,867 272 827,217 276 848,738 278 849,928 275 843,233 Detachable coupon in- flation indexed certifi- cates 41 20,630 46 24,134 48 24,522 50 25,680 49 23,293 Detachable coupon cer- tificates 314 58,610 308 60,076 322 61,324 317 58,659 322 55,679 Secured federal govern- ment certificates 72 323,299 73 337,450 74 332,434 74 331,636 75 331,312 Dual listing debt 53 322,695 56 354,041 59 361,252 59 361,377 58 362,823 Secured private bonds 34 15,867 34 15,906 34 16,000 34 16,069 34 16,053 Secured bank bonds 2 895 2 898 2 904 2 908 2 909 Mortgage backed secu- rities 84 10,616 90 11,350 96 12,394 102 13,308 109 13,990 Short term municipal and estate bonds 10 58,977 10 58,990 10 59,015 10 59,033 10 59,035 Unsecured debentures / obligations 4 86,500 4 86,500 4 86,500 4 86,500 4 86,500 Subordinated obliga- tions 8 3,678 8 3,678 8 3,678 8 3,678 8 3,678 TOTAL 933 1,757,052 952 1,841,311 981 1,867,415 989 1,867,892 1,000 1,857,924 Million pesos.
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3rd QUARTER 2026 RESULTS 27 VI – Short and Long term issues INSTRUMENT Jun‘26 Jul ‘26 Aug ‘26 Sep ‘26 Issuances Amount Issuances Amount Issuances Amount Issuances Amount Structured debt of financial institutions and / or subsidi- aries 1 854 1 852 1 854 1 856 Short term ICS 39 2,702 40 2,377 40 2,533 47 3,301 Subordinated debentures / obligations 16 57,791 14 56,339 14 56,045 14 55,520 Secured government certifi- cates 280 837,536 277 835,374 276 838,224 273 825,847 Detachable coupon inflation indexed certificates 56 25,731 54 25,489 56 26,040 53 25,316 Detachable coupon certifi- cates 333 57,590 360 59,729 365 60,019 363 61,673 Secured federal government certificates 75 325,293 72 300,955 75 303,604 75 307,037 Dual listing debt 57 355,279 57 352,915 60 356,986 63 376,360 Secured private bonds 34 15,985 34 15,923 34 15,932 34 15,956 Secured bank bonds 2 907 2 905 2 906 2 908 Mortgage backed securities 116 14,813 129 16,514 133 16,363 138 17,006 Short term municipal and estate bonds 10 59,026 9 52,018 9 52,024 7 35,883 Subordinated obligations 4 86,500 4 86,500 4 86,500 4 86500 Structured debt of financial institutions and / or subsidi- aries 8 3,678 8 3,678 8 3,678 8 3,678 TOTAL 1,031 1,843,685 1,061 1,809,569 1,077 1,819,708 1,082 1,815,841 Million pesos.
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FOR MORE INFORMATION Hanna Rivas Karg Investor Relations Director +52 (55) 5342 9000 hcrivas@grupobmv.com.mx