Juan Ignacio Gallardo Thurlow Reports 6.9% Stake in Pacific Airport Group Following Merger Completion

On May 13, 2026, Juan Ignacio Gallardo Thurlow filed a Schedule 13D reporting a 6.9% beneficial ownership interest in Pacific Airport Group (the Issuer). This position, totaling 36,651,505 shares, was acquired on May 6, 2026, following a major corporate restructuring. Under a Merger Agreement dated April 30, 2026, several entities including Aeropuertos Mexicanos del Pacifico (AMP), Controladora Mexicana de Aeropuertos (CMA), and PAL Aeropuertos were merged into the Issuer. As a member of PAL and an indirect shareholder of the merged entities, Mr. Gallardo Thurlow received 23,206,837 Series B shares and 12,631,936 Series BB shares (convertible into Series B) in exchange for his membership interests. The shares are subject to a 365-day lock-up period, with partial release provisions allowing for the disposal of 25% after 90 days and an additional 25% after 180 days. Mr. Gallardo Thurlow, who has served on the Issuer's board since 2016, intends to monitor his investment and may engage with management regarding strategy and board composition.