BETTERWARE DE MEXICO, S.A.P.I. DE C.V

Betterware de México, S.A.P.I. de C.V. (BeFra) has successfully completed its previously announced acquisition of 100% of Tupperware's operating assets in Latin America, including a perpetual, royalty-free, and exclusive license to the Tupperware brand for the region. The acquisition, valued at US$250 million, is a transformative step in BeFra's strategy to build Latin America's leading direct-selling platform, uniting the Betterware, Jafra, and Tupperware brands. The transaction is immediately accretive, boosting BeFra's pro forma combined FY2025 EPS by approximately 44.5% to US$2.11, and expands its regional footprint, particularly in Brazil.

Betterware de México, S.A.P.I. de C.V. (BeFra) announced it has received authorization from Mexico's Antitrust Authority for its previously announced acquisition of Tupperware's operations in Latin America. This regulatory approval is a significant step, with the transaction now expected to close on June 1, 2026. The acquisition is a major strategic move for BeFra, aiming to strengthen its presence and expand operational and commercial capabilities across key Latin American markets, including Brazil, and drive long-term growth.

Betterware de Mexico updated its Q4 and full-year 2025 financial results. For Q4 2025, consolidated net income was revised upwards by MXN 17.997 million to MXN 267.848 million, while net revenue and EBITDA saw slight downward revisions. Full-year 2025 consolidated net income also increased by MXN 17.997 million to MXN 1,060.753 million. However, consolidated free cash flow for both periods was revised downwards by MXN 92.308 million.

Betterware de México's shareholders approved a dividend payment of MXN 200 million, equivalent to approximately US $0.3063 per share before tax, payable by May 21, 2026. The Annual General Shareholders' Meeting also approved the company's consolidated financial statements for fiscal year 2025, which reported a net income of MXN 1,060.75 million. Additionally, the meeting re-elected the Board of Directors and Audit and Corporate Practices Committee members, and approved compensation for independent directors.