KCM ANNOUNCES THAT THE MEXICAN FEDERAL ANTITRUST COMMISSION (COFECE) IS CURRENTLY UNDERTAKING A REVIEW OF SOME OF THE MARKETS IN WHICH KCM PARTICIPATES AS DISCLOSED BY SAID COMMISSION ON MAY 3, 2018 ON THE MEXICAN OFFICIAL FEDERATION NEWSPAPER (DOF). AS STATED IN SAID RELEASE, THE INVESTIGATION RELATES TO ACTS THAT MAY HAVE TAKEN PLACE WHILE THE PRIOR LAW WAS IN FORCE.

COFECE HAS UP TO FIVE PERIODS OF 120 WORKING DAYS TO COMPLETE ITS INVESTIGATION. KCM WILL CONTINUE TO COLLABORATE WITH THE INVESTIGATION, ACTING IN ACCORDANCE WITH THE LAW AND WITH ITS INTERNAL CODE OF CONDUCT.

GIVEN THAT THIS INVESTIGATION IS IN PROGRESS AND BEING RESPECTFUL OF COFECE'S ATTRIBUTIONS, WE ARE NOT IN A POSITION TO MAKE ANY ADDITIONAL COMMENTS AT THIS TIME.