Eduardo Sanchez Navarro Reports 6.7% Stake in Pacific Airport Group Following Strategic Merger

Eduardo Sanchez Navarro filed a Schedule 13D on May 13, 2026, reporting a 6.7% beneficial ownership interest in Pacific Airport Group (PAC). This position consists of 23,206,837 Series B shares and 12,631,937 Series BB shares (convertible into Series B shares). The acquisition resulted from a multi-party merger agreement dated April 30, 2026, involving the merger of several entities, including PAL Aeropuertos and Aeropuertos Mexicanos del Pacifico (AMP), into the Issuer. Mr. Navarro serves as the beneficiary and attorney-in-fact for Trust No. 4548 (Fideicomiso INVEX), which received these shares in exchange for its interests in the merged entities. The filing details a 365-day lock-up period following shareholder approval, with staged exceptions allowing for 25% disposals after 90 and 180 days. Mr. Navarro intends to monitor his investment and may engage with management or the board regarding business strategy and future plans. The transaction effectively consolidates several holding vehicles into the surviving Issuer, streamlining the corporate structure.