#United States #Columbia #The Mexico Fund #Claudia Jañez #David Satterfield

Mexico Fund, Inc. Annual Meeting Review

On March 13, 2026, The Mexico Fund, Inc. (NYSE: MXF) held its much-anticipated Annual Meeting of Stockholders, where significant decisions affecting the future direction of the Fund were made. Investors and stakeholders gathered to witness the election of key executive positions that will guide the firm through the next three years.

Election Results

In a decisive vote, Claudia Jañez was re-elected as a Class III Director, transitioning from her previous position as a Class I Director. Jañez has been an influential figure in driving strategies that enhance the fund's investment potential in the vibrant Mexican market. Alongside her, David M. Satterfield was also elected to serve as a Class III Director. Both directors will occupy their roles until 2029, reflecting stockholders’ confidence in their leadership.

The voting outcomes were impressive:

• - David M. Satterfield received 9,630,460 votes, constituting 66.79% of outstanding shares and 82.37% of the votes cast. However, 2,061,038 votes were withheld, reflecting a 14.29% withholding rate.
• - Claudia Jañez garnered 9,531,312 votes, representing 66.10% of outstanding shares and 81.52% of votes. Her withheld votes totaled 2,160,186, which is 14.98%.

Notably, the meeting concluded without any abstentions or broker non-votes concerning the election of the Class III directors, indicating robust engagement from the stockholder base.

The Role of The Mexico Fund, Inc.

The Mexico Fund, Inc. operates as a closed-end management investment company, targeting long-term capital appreciation. It primarily invests in equities listed on the Mexican Stock Exchange, allowing investors to access opportunities in Mexican companies. This strategic model positions the Fund uniquely in a rapidly growing market segment, which is an attractive avenue for investors looking to diversify their portfolios internationally.

Forward-Looking Statements

In its communications, the Fund highlighted its commitment to long-term strategies despite the inherent risks associated with market fluctuations. These forward-looking statements reflect management's insights and ambitions while cautioning stakeholders against undue reliance on them, given the unpredictability of future outcomes.

Conclusion

The re-elections and appointments during the Annual Meeting resonate strongly with shareholders hopeful for stability and growth. As The Mexico Fund, Inc. moves forward with an experienced board, it aims to capitalize on emerging developments in the Mexican economy, paving the way for enhanced investment returns. The results from this meeting are anticipated to fortify the Fund’s standing as a leader in providing investment opportunities in Mexico for the coming years.