Bolsa Mexicana De Valores Sab De Cv Class A · BMV:BOLSA/A
Bolsa Mexicana De Valores Sab De Cv Class A — Grupo BMV — 9M26 Earnings Presentation
27 slides from Bolsa Mexicana De Valores Sab De Cv Class A's earnings presentation, October 2026
Slide 1: BOLSAA 9M26 Corporate Presentation
BOLSAA 9M26 Corporate Presentation October 2026 11
Slide 2: Content
Content Page México at a glance 3 A strategic gateway to Mexico’s financial markets 4 We are the infrastructure in Mexico's financial markets 6 Business transformation 13 Financial performance 16 BOLSAA stock performance 22 Sustainability 24 Contact 27
Slide 3: Mexico at a glance
Mexico at a glance MÉXICO IN THE WORLD Macroeconomic indicators 6.50% 3.1% $17.48 $2.1T USD ~4.4% ~63% Central bank Inflation YoY USD/MXN GDP Fiscal deficit / Public debt / (Banxico) average GDP GDP reference rate Sep 2026 Sep 2026 Jan–Sep 2026 2026E IMF WEO 2026F IMF WEO 2026F Sovereign credit prof
Slide 4: Grupo BMV: A strategic gateway to Mexico's financial markets
Grupo BMV: A strategic gateway to Mexico’s financial markets Mexico's only end-to-end market infrastructure platform: resilient, cash-generative and positioned to capture long-term growth opportunities. 9M26 figures: $3,570M MXN 56% 6.5% 6.9% Revenues EBITDA margin Shareholder yield Cash flow yield
Slide 5: Growing markets are built on trusted market infrastructure
Growing markets are built on trusted market infrastructure 5
Slide 6: We are the infrastructure behind Mexico's financial markets
We are the infrastructure behind Mexico's financial markets Every additional transaction generates revenue across multiple business lines — Grupo BMV participates in every critical stage of the market lifecycle. 01 Markets 02 Post-Trade 03 Information Services Access to capital markets and Custody o
Slide 7: Markets · Capital Formation and Equities Trading
Markets · Capital Formation and Equities Trading BMV facilitated +$511 billion pesos in financing Capital Formation Debt 96% 4% Equity Issuers, listing and maintenance As of 9M26 Debt financing Total debt $493B MXN Equity listings 9M26 REVENUE 9M26 Short-term debt issuances Outstanding long-term deb
Slide 8: Markets · Derivatives and OTC Trading
Markets · Derivatives and OTC Trading Derivatives Trading Derivatives contracts Dollar futures Swaps MexDer Contracts by product | Million MXN *Average daily notional value, Thousand USD *Average daily notional value, Thousand USD **Number of contracts **Number of contracts REVENUE 9M26 98,209 94,27
Slide 9: Post-Trade · Clearing, Settlement and Custody
Post-Trade · Clearing, Settlement and Custody CCV ADTV cleared (Both exchanges) Asigna Average margin deposits Equities and Debt Central Counterparty Billion MXN Derivatives Central Counterparty Billion MXN REVENUE 9M26 REVENUE 9M26 24.5 47.6 $192 M MXN ▲ 11% YoY 18.1 19.4 21.5 21.6 $109 M MXN ▲ 3%
Slide 10: Information services · Market data and Price vendor
Information services · Market data and Price vendor Market Data Users and terminals S&P/BMV indices Global Access Network (GAN) Feeds, indices and terminals Number of market data users Strategic alliance with S&P REVENUE 9M26 • Next-generation platform enhancing 100,635 100,584 49 +3 106 11 market c
Slide 11: Service availability (SLAs)
Service availability (SLAs) Our platforms are continuously monitored to maintain high availability, support market integrity and deliver best-in-class service to clients. PLATFORM S E G ME N T AVAILABILITY vs. TARGET ACTUAL TARGET I N C I D E N T S · MI N GROUP-WIDE AVAILABILITY BMV Equity trading 9
Slide 12: Leadership that creates value
Leadership that creates value Jorge Alegría Luis René José Manuel Roberto González Claudio Vivian Formoso Ramón Allende Barrera Gutiérrez Chief Executive Officer Chief Financial Officer Chief Capital Formation, Information Chief Post-Trade Officer Chief Information Officer Services and Markets Offic
Slide 13: Investing today to power tomorrow's markets
B U S I N E S S T R A N S F O R M AT I O N Investing today to power tomorrow’s markets
Slide 14: Digital Evolution Program
Digital Evolution Program A modern, scalable and integrated market infrastructure platform, complemented by key projects across the Group WAVE 1 WAVE 2 WAVE 3 Derivatives Fixed Income CCP CSD & Equity CCP Cloud-based trading platform integrating MexDer, Asigna Clearing of Fixed-Rate Bonds and Repos
Slide 15: CAPEX allocation
CAPEX allocation Investment mix 2019 – 2026 2026 budget execution % of annual CAPEX by category Maintenance Growth Evolution 8% $198 M MXN 28% 17% 9% Amount deployed as of 9M26 35% 41% 49% 50% 28% 65% 1% 27% 10% 59% 83% 64% 37% 10% Deployed (9M26) $198 M MXN 55% 41% 33% Committed (rest of year) $172
Slide 16: Balancing growth investment with disciplined profitability
FINANCIAL PERFORMANCE Balancing growth investment with disciplined profitability
Slide 17: Revenue Mix Evolution (2008 – 9M26)
Revenue Mix Evolution (2008 – 9M26) 2008 – BOLSAA IPO 9M26 Revenue Capital formation Equity trading (BMV) Equities CCP (CCV) 12% 7% Equity trading (BMV) Other* Capital formation (BMV) 5% Derivatives trading 8% Equities CCP (CCV) 5% 3% Derivatives CCP 23% 7% (Asigna) Derivatives trading (MexDer) 3% O
Slide 18: 2026 Revenue by Business Line
2026 Revenue by Business Line Revenue by business line 9M26 Figures in million MXN, rounded 9M26 9M25 YoY Capital formation (BMV) Equity trading (BMV) Markets 1,359 1,259 8% Equities CCP (CCV) 12% 7% Capital formation 415 406 2% Other* 5% Derivatives trading (MexDer) Equity trading (BMV) 261 235 11%
Slide 19: 2026 Operating Expenses
2026 Operating Expenses 9M26 Expenses Figures in million MXN, rounded Marketing Other Regulatory fees 9M26 9M25 YoY Sub-custody fees 3% 2%3% Compensation & benefits 862 764 13% Professional services 4% Technology 366 329 11% 5% Compensation Rent & maintenance & benefits 4% Depreciation & amortizatio
Slide 20: Sustainable and Historical Growth
Sustainable and Historical Growth Shares outstanding Return on Equity Thousands of shares %, year-end (9M26 annualized) 578,547 22% 22% 22% 21% 21% 569,798 560,121 558,766 555,860 551,591 2022 2023 2024 2025 9M25 9M26 2022 2023 2024 2025 2026 Earnings per Share Total shareholder payout MXN Digital E
Slide 21: Profitability & Capital Efficiency
Profitability & Capital Efficiency Balance Sheet Operating Income & EBITDA As of Sept 30, 2026 Million MXN Total Assets $2,502 $2,388 $2,512 $2,283 $2,019 $2,246 $2,159 $2,252 $1,983 $9.3B MXN $1,764 Cash & Investments $3.6B MXN 2022 2023 2024 2025 9M26 Total Liabilities Operating Income EBITDA $1.4
Slide 22: Trusted by leading global institutional investors
BOLSAA STOCK PERFORMANCE Trusted by leading global institutional investors
Slide 23: BOLSAA stock performance and investor profile
BOLSAA stock performance and investor profile Analyst Recommendations Annual Return Performance 12M BOLSAA: -2% Recommendation Target Price Date 15% GBM Buy 50 Oct-26 10% Santander Buy 45 Oct-26 Monex Buy 42 Oct-26 5% BBVA Hold 45 Oct-26 0% J.P. Morgan Hold 43 Oct-26 Bank of America Hold 42 Oct-26 -
Slide 24: Creating long-term value through responsible growth
S U S TA I N A B I L I T Y Creating long-term value through responsible growth
Slide 25: Sustainability Strategy
Sustainability Strategy We lead the sustainability agenda both in the way we operate internally and by promoting best practices in financial markets. The strategic priorities of our business are supported by our sustainability strategy, strengthening our long-term value creation. Our Model Grupo Bol
Slide 26: Sustainability Strategy (Key Highlights)
Sustainability Strategy (Key Highlights) MARKET VALUE CORPORATE VALUE ENVIRONMENTAL VALUE SOCIAL VALUE Emissions CO2 base (2023) Sustainable finance Operational resilience Scope 1 – 428t | +139% vs. 2024 Talent Development $500B MXN in ESG debt issued since BCP, risk culture & internal control 8,579
Slide 27: Contact Information
CONTACT INFORMATION Hanna Rivas Karg FP&A and IR hcrivas@grupobmv.com.mx 27