. ESSENTIAL FACT
AMÉRICA MÓVIL S.A. DE C.V.
REGISTRATION IN SECURITIES REGISTRY N? 948
Santiago, January 16, 2023
Mrs.
Solange Berstein
Chairman
Financial Market Commission
Avenida Libertador Bernardo O”Higgins N* 1449, piso 1
Santiago
PRESENT
Ref: Communicates Essential Fact
From our consideration:
In compliance with the provisions of article 9 and the second paragraph of article
10 of Law No. 18,045 on the Securities Market, and the provisions of NCG N? 30, and
being duly empowered to do so, in the terms provided by the
third paragraph of article 106 of the Securities Market Law I come to inform
regarding América Móvil, S.A.B. de C.V. (“AMX”) [BMV: AMX] [NYSE: AMX |
AMOV] that on January 16, AMX reports that after extensive dialogue,
its subsidiary Teléfonos de México, S.A.B. de C.V. (“Telmex”) and the Sindicato de
Telephone operators of the Mexican Republic have reached a constructive agreement
on retirement conditions (pensions) for new staff
to be contracted by Telmex as of January 2023.
Under this new agreement, the maximum retirement benefit of the
workers from 80% to 60% of their last salary integrated with certain benefits.
Retirement will be for those workers who have 35 years of service
(seniority) and have reached the age of 65. Unlike the terms
Current contracts that allow a worker to complete 35 years of service
(seniority) access retirement without requiring a specific age limit, under the
New agreement The only exception to access retirement before the age of 65
Requires the worker to have 37 years or more of service (seniority) and have
A minimum age of 60 years.
Additionally, the new agreement includes the possibility for active workers
and Telmex retirees can convert part of their pension liability for shares
representative of the share capital of Telmex. This share plan will be voluntary.
In order that workers who decide to participate in the shareholding plan
receive shares with equal rights to those of all current shareholders of
Telmex, will proceed to unify the share series representing the capital
Telmex in a single series, consisting exclusively of shares
ordinary, full vote. This process will require certain authorizations
previous corporate and regulatory issues.
The new agreement will allow Telmex to continue with its important
investments in infrastructure through which in recent years it has achieved a
substantial penetration into high-capacity fiber, allowing it to offer its
Customers the best services in the best conditions.
Yours sincerely yours,
Federico Grebe
The present relevant event contains certain forecasts or projections, which reflect the current view or
expectations of AMX and its management regarding its performance, business and future events. AMX uses
words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “objective”, “estimate”, “project”, “predict”,
“forecast”, “guidelines”, “duty” and other similar expressions to identify forecasts or projections,
But it is not the only way in which he refers to them. These statements are subject to certain risks,
Unforeseen and assumptions. AMX warns that a number of important factors could cause the results to
present differ materially from the plans, objectives, expectations, estimates and intentions expressed in
the present relevant event. AMX is not subject to any obligation and expressly disclaims any
intention or obligation to update or modify any forecast or projection that may result from new
information, future events or any other cause.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=7886ec63080b3200c5fc7593d3b876c4VFdwQmVVMTZRWGhOUkVGNVRWUkpkMDlCUFQwPQ==&secuencia=-1&t=1682376108
