Betterware de México Announces a Dividend Payment of Mexican Pesos $100 million

Guadalajara, Jalisco, México; February 27, 2023 - Betterware de Mexico S.A.P.I. de C.V. (Nasdaq: BWMX) (“Betterware”) announced that, subject to formal approval by means of the shareholders meeting to be held on March 8, 2023, it intends to pay an aggregate dividend of MX$100,000,000, which represents approximately US$0.1311 per share after applicable tax withholdings. The dividend is expected to be payable on March 21, 2023 to shareholders of record as of March 9, 2023.

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Allison Malkin

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Alecia Pulman

About Betterware

Founded in 1995, Betterware de Mexico is the leading direct-to-consumer company in Mexico focused on offering innovative products that solve specific needs regarding organization, practicality, space saving and hygiene within the household. With the acquisition of JAFRA on April 7, 2022, the Company now offers a leading brand of Direct Selling in the Beauty and Personal Care products industry in Mexico and the United States where it offers Fragrances, Color & Cosmetics, Skin Care and Toiletries. The combined company possesses an asset-light business model with low capital expenditure requirements and a track record of strong profitability, double digit rates of revenue growth and free cash flow generation. Today, the Company distributes its products in Mexico and Guatemala, and with its recent acquisition, it now has gained presence in the United States through JAFRA's portfolio of products.

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