Resolution Authorizing the Establishment of the Majority State-Owned Enterprise "Inversión Mixta Piedras Negras", S.A. de C.V.

DOF: 18/08/2026

RESOLUTION authorizing the establishment of a Majority State-Owned Enterprise named Inversión Mixta Piedras Negras, S.A. de C.V.

At the margin, a seal with the National Coat of Arms, stating: United Mexican States.- Treasury.- Ministry of

Treasury and Public Credit.

ÉDGAR ABRAHAM AMADOR ZAMORA, Secretary of Treasury and Public Credit, based on

articles 31, fraction XXXIV, and 46, fraction II, of the Organic Law of the Federal Public Administration; 6th,

28, 30 and 31 of the Federal Law of Para-State Entities; 8 of the Federal Budget and

Fiscal Responsibility Law; 5th of the Regulation of the Federal Law of Para-State Entities; 8 B and 8 C

of the Regulation of the Federal Budget and Fiscal Responsibility Law, and 3rd of the Regulation

Internal of the Ministry of Treasury and Public Credit, and

CONSIDERING

That article 25 of the Political Constitution of the United Mexican States establishes, among other

issues, that it corresponds to the State the leadership of national development, guaranteeing that it is integral and

sustainable, strengthening the sovereignty of the Nation and that, through competitiveness, it promotes economic growth

and employment with the participation of the public, private and social sectors, always watching over

the stability of public finances and the financial system to generate conditions

favorable for economic growth and employment;

That the National Development Plan 2025-2030, published in the Official Gazette of the Federation on April 15,

2025, sets national objectives associated with: i) the strengthening of economic development with

welfare; ii) the increase in productivity and competitiveness, and iii) the execution of interventions

strategic with verifiable benefits for the population;

That the National Development Financing Program 2025-2030 (PRONAFIDE), published in the

Official Gazette of the Federation on September 4, 2025, is the governing instrument of the Government of Mexico

to guide the country's fiscal and financial policy. Its main objective is to foster economic growth

generate employment and guarantee fiscal and financial stability. Among its strategies and lines of action stand out: the strategy "3.6 promote the development of infrastructure with the participation of the

public, private and social sectors with the purpose of generating welfare in the population", which contemplates the

action line "3.6.1 strengthen the evaluation procedures economic financial and analysis of

convenience for the implementation of infrastructure projects with private participation"; and the strategy

"3.7 carry out the allocation and reallocation of budgetary resources to programs and projects of investment

in infrastructure to those that demonstrate their feasibility for the start and execution of the work continuously until its conclusion to contribute to the efficiency of investment spending", which considers the

action line "3.7.3 consolidate mixed investment schemes for infrastructure projects that

promote best practices under the principle of shared prosperity";

That the aforementioned strategies of PRONAFIDE align with the Mexico Plan, by contributing to the boost

of strategic projects that strengthen the country's logistical, productive and connectivity capacity, as well

as to the consolidation of investment and institutional coordination mechanisms for the execution of

priority infrastructure with economic and regional impact;

That within such structural change actions, the constitution of the Enterprise is added

Majority State Participation, named "Inversión Mixta Piedras Negras", S.A. de C.V., which will have a

primarily public purpose and will act as an promoting, articulating, coordinating and

structuring entity for strategic infrastructure projects and investment mechanisms for national development, connectivity, regional integration, shared prosperity and social welfare, in accordance with

the principles of economic leadership of the State and democratic planning of national development provided for in

the Constitution and other applicable provisions;

That the Majority State Participation Enterprise will have as its purpose to promote, foster, coordinate,

structure, administer, supervise, finance and manage strategic infrastructure projects, priority and

of public interest linked to economic, logistical, commercial, border, customs,

energy, hydraulic, digital, mobility, connectivity and transport development, as well as those related to the

strengthening of national productive capacity, competitiveness, foreign trade, balanced regional development and

development with welfare and for this it may carry out all activities contemplated in its articles of

incorporation;

That the Intersecretarial Commission on Public Spending, Financing and Disposal, through the

Agreement 26-E-II-1, issued a favorable ruling on the constitution of the Majority State Participation Enterprise

named "Inversión Mixta Piedras Negras", S.A. de C.V., grouped in the sector coordinated by this Ministry of Treasury and Public Credit;

That the General Directorate of Mercantile Normativity of the Ministry of Economy authorized the use of the

social denomination, through document A202603311357461870;

That the Budget Design, Control and Expenditure Monitoring Unit, of the Undersecretariat of

Expenditures, through letter number 411/UDPCSG/2026/18194, authorized budget sufficiency for the

fiscal year 2026, in terms of articles 6 and 8 of the Federal Budget and Fiscal Responsibility Law, as well as 8 B and 8 C of the Regulation of the Federal Budget and Fiscal Responsibility Law, for the

constitution of the Majority State Participation Enterprise, named "Inversión

Mixta Piedras Negras", S.A. de C.V., in the amount of $510,000.00 (five hundred ten thousand pesos 00/100 M.N.) and

with it it will be the holder of 51% of the shares representing the Social Capital;

That through agreement CT/2ª-ORD/02-JUNIO-26/XVII-A, the Technical Committee of the public trust of

administration and payment source for the acquisition of goods, contracting of services and public works not

considered a para-state entity number 1936, named "National Infrastructure Fund", approved the

investment of the

Majority State Participation Enterprise, named "Inversión Mixta Piedras Negras",

S.A. de C.V., in the amount of $490,000.00 (four hundred ninety thousand pesos 00/100 M.N.), and with it it will be

holder of 49% of the shares representing the Social Capital;

That through letter number UF/150000/092/2026, dated July 8, 2026, the Fiduciary Unit of the

National Bank of Public Works and Services, S.N.C., in its capacity as Fiduciary Institution in the Fund

National Infrastructure, informed the Public Credit and International Affairs Unit of Treasury, of the

Undersecretariat of Treasury and Public Credit, both administrative units of this Ministry of

Treasury and Public Credit, the authorization for budgetary availability purposes, in the amount of

$490,000.00 (four hundred ninety thousand pesos 00/100 M.N.), so that that National Credit Society,

in its capacity as Fiduciary Institution, can participate as a minority shareholder of the Majority State Participation Enterprise,

named "Inversión Mixta Piedras Negras", S.A. de C.V., and

That in view of the foregoing, prior agreement of the Person Holder of the Federal Executive, I have had the good

issue the following

RESOLUTION

FIRST. - The constitution of a Majority State Participation Enterprise is authorized, whose

organization and functioning will be that of a Variable Capital Anonymous Society, in terms of the General Law of Mercantile Societies, the Federal Law of Para-State Entities, its Regulation and other applicable legal provisions, which will be grouped in the sector coordinated by this Ministry of

Treasury and Public Credit, through the Public Credit and International Affairs Unit of Treasury.

SECOND. - The social denomination of the Majority State Participation Enterprise will be "Inversión

Mixta Piedras Negras", S.A. de C.V.

THIRD. - The Society will have a primarily public purpose and will act as an entity

promoting, articulating, coordinating and structuring strategic infrastructure projects and

investment mechanisms for national development, connectivity, regional integration, shared prosperity

and social welfare, in accordance with the principles of economic leadership of the State and planning

democratic national development provided for in the Political Constitution of the United Mexican States and

other applicable provisions.

For the fulfillment of this purpose, the Society will have as its purpose to promote, foster, coordinate,

structure, administer, supervise, finance and manage strategic infrastructure projects, priority and

of public interest linked to economic, logistical, commercial, border, customs,

energy, hydraulic, digital, mobility, connectivity and transport development, as well as those related to the

strengthening of national productive capacity, competitiveness, foreign trade, balanced regional development and

development with welfare.

The Society will carry out its activities prioritizing the public interest, the financial sustainability of the

projects, national development and social welfare, above strictly mercantile ends, without that

limit its capacity to generate income, administer resources, recover investments or celebrate the

necessary acts for the fulfillment of its social object.

The Society may participate, implement, structure, develop, administer and consolidate mechanisms,

schemes and specialized investment and financing vehicles for strategic infrastructure projects

and of public interest, including mixed contracts, public, private or mixed investment schemes,

trusts, associations and other modalities referred to in the Law for the Promotion of Investment in

Strategic Infrastructure for Development with Welfare, as well as the mechanisms established in the

other applicable provisions, attending to the nature of the project and to the legal regime of the Society, and

to the schemes provided for in the legislation that corresponds in energy, financial and

infrastructure matters.

For the fulfillment of its object, the Society may act as concessionaire, assignee,

coordinator, administrator, structurer, supervisor or strategic operator of infrastructure projects,

directly or through third parties or various public and private legal figures, as well as participate directly or indirectly in societies, trusts, associations or specialized legal vehicles

linked to such projects, provided that such activities are related to its finality

public and social object.

Likewise, the Society may coordinate, structure, administer, supervise, finance and manage

strategic infrastructure projects and associated services, directly or through third parties, including

roads, national and international bridges, logistics corridors, border infrastructure, platforms

multimodal, supervised facilities, development and welfare hubs, transfer centers, infrastructure

of foreign trade and other projects linked to connectivity, mobility, territorial integration and

national development, including the so-called "Puente Internacional III (Puerto Verde) and Libramiento Norte

of Piedras Negras", located on adjacent premises in Piedras Negras, Coahuila, Mexico and in Eagle Pass

Texas, in the United States of America (the "Puente III").

The Society may obtain, administer, exercise and transmit, in accordance with applicable legislation,

concessions, assignments, permits, authorizations and other legal titles granted by authorities

federal, state, municipal or foreign, related to infrastructure projects and associated services.

Likewise, the Society may carry out contracting procedures in terms of applicable legislation for

the selection or contracting of natural or legal persons, public or private, national or

foreign, for the provision of services, construction, execution of works, financing, administration,

operation, maintenance, conservation, modernization and management of infrastructure and services associated with

the concessions, assignments or projects under its charge, including the celebration of contracts for provision

of services, mixed contracts, associations and other schemes provided for in applicable legislation.

The Society may celebrate the acts, contracts and mechanisms provided for in articles 30 and 31 of the Law

of Roads, Bridges and Federal Auto-transport and other applicable provisions, for the provision,

construction, operation, administration, conservation, maintenance, modernization and management of roads,

bridges and other infrastructure concessioned, directly or through third parties.

In such schemes, the Society will retain at all times the ownership of the concessions,

assignments or rights granted by the State, as well as the leadership, supervision and strategic control of the

projects.

Likewise, the Society may cede, affect, transmit or contribute rights to collect, cash flows, income,

considerations, benefits or assets derived from strategic infrastructure projects to

public or private companies, trusts, fiduciary vehicles, stock market mechanisms or specialized financial schemes linked to financing, sustainability, development and operation of such

projects, in accordance with applicable legislation and retaining at all times the leadership and strategic control

of the State over the respective concessions, assignments and projects.

Likewise, the Society may celebrate all kinds of legal acts, contracts, agreements,

financing mechanisms, fiduciary schemes, guarantees and other operations necessary or

convenient for the fulfillment of its social object, including the contracting of works, services,

supplies, technical assistance, supervision, administration, operation and maintenance of infrastructure,

in accordance with applicable legislation and prior obtaining of the corresponding authorizations when so

required.

The Society may participate in the development, administration, strategic operation, conservation,

maintenance, modernization and management of strategic infrastructure and connectivity projects,

including roads, national and international bridges, logistics corridors, border infrastructure,

multimodal platforms, supervised facilities, development and welfare hubs and other projects linked

with regional development, foreign trade, mobility, territorial integration and shared prosperity,

that are assigned, concessioned, authorized or entrusted to it by the Federal Government.

The Society will ensure that resources, income, residuals and returns derived from its

activities are primarily destined to the fulfillment of its social object, to the strengthening of strategic infrastructure, to the financial sustainability of the projects and to development with welfare,

in accordance with applicable legislation.

The activities of the Society will be carried out in accordance with the principles of economic leadership of the State, financial sustainability, balanced regional development, strengthening of strategic infrastructure,

productive investment, transparency, efficiency, social welfare and shared prosperity provided for in the

Political Constitution of the United Mexican States, the National Development Plan, the National Program

of Development Financing, the Law for the Promotion of Investment in Strategic Infrastructure for the

Development with Welfare and other applicable provisions.

FOURTH.- The social domicile of the Majority State Participation Enterprise will be the

City of

Mexico.

FIFTH.- The social capital of the Majority State Participation Enterprise will be variable. The part

variable of the social capital will be unlimited, and the minimum part, without right of withdrawal, will be $1'000,000.00

(one million pesos 00/100 M.N.) and will be represented by 100 (one hundred) registered shares, whose nominal value

will be $10,000.00 (ten thousand pesos 00/100 M.N.) each.

Based on the above, the initial amount of state participation will be $1'000,000.00 (one million of

pesos 00/100 M.N.), corresponding $510,000.00 (five hundred ten thousand pesos 00/100 M.N.) of origin

budgetary to the Ministry of Treasury and Public Credit and $490,000.00 (four hundred ninety thousand pesos

00/100 M.N.) coming from the assets of the National Infrastructure Fund, as minority shareholder.

The shares representing the social capital will be divided into two series as follows:

Series "G" Shares, which will represent the fixed minimum social capital of the society. Series G shares can only be subscribed by the Federal Government, including its trusts and Para-State Entities of the Federal Public Administration, and

Series "A" Shares, which will represent the variable social capital of the society. The capital in its part

variable will be unlimited, and will be represented by registered shares of Series A, which

may be divided into Classes and will have the characteristics determined by the Shareholders' Meeting

that approves its issuance.

SIXTH. - Regarding its duration, constitution, administration, liquidation and dissolution, the Majority State Participation Enterprise will be subject to the provisions of the Organic Law of the Federal Public Administration, the General Law of Mercantile Societies, the Federal Law of Para-State Entities, the

Regulation of the Federal Law of Para-State Entities and its Articles of Incorporation, as well as to the other applicable provisions.

SEVENTH. - The expenditures generated by the entry into force of this Resolution,

will be charged to the assets of the National Infrastructure Fund, constituted in the National Bank

of Public Works and Services, S.N.C., in its capacity as Fiduciary Institution, as far as the costs of

constitution of the authorized Society.

As for the operating expenses of "Inversión Mixta Piedras Negras", S.A. de C.V., the

same must be covered from private participation in the assets of the Society and from resources

that derive from its own activity.

In such virtue, no additional budgetary resources will be authorized for such purpose in the present fiscal year or subsequent ones.

EIGHTH. - The Public Credit and International Affairs Unit must send to the

Attorney General's Office of the Federation a certified copy of the notarial testimony in which the constitution

of the Majority State Participation Enterprise is stated, named "Inversión Mixta Piedras Negras",

S.A. of

C.V.

NINTH. - The Anti-Corruption and Good Government Secretariat, in accordance with its attributes, will monitor the proper fulfillment of what is established in this resolution.

TRANSITORY

SINGLE. - This Resolution will enter into force the day after its publication in the Official Gazette

of the

Federation.

Mexico City, August 13, 2026. - The Secretary of Treasury and Public Credit, Édgar Abraham

Amador Zamora. - Rubric.

In the document you are viewing, there may be text, characters or objects that are not displayed correctly due to conversion to HTML format, so we recommend always taking as reference the digitized image of the DOF or the PDF file of the edition. The content, form and scope of the published documents are the strict responsibility of their issuer.

INQUIRY

BY DATE

Do Lu Ma Mi Ju Vi Sá

INDICATORS

Exchange Rate and Rates as of 18/09/2026

DOLLAR 17.1872 UDIS 8.820517 TIIE 28 DAYS 6.7458% TIIE 91 DAYS 6.7829% TIIE 182 DAYS 6.8370% TIIE OF FUNDING 6.49%

SURVEYS

Did you like the new image of the Official Gazette of the Federation website?

No Yes

Official Gazette of the Federation

Río Amazonas No. 62, Col. Cuauhtémoc, C.P. 06500, Mexico City Tel. (55) 5093-3200, where you can access our service menu

Electronic address: dof.gob.mx

113