Key Executive Appointment Western Union has announced the appointment of Pedro Alegría as Vice President and General Manager for Mexico and Central America. Alegría will be fully responsible for the business strategy and operations in the region, with a focus on driving digital innovation, sustainable growth, and a customer-centric value proposition.

Background of the New Executive Alegría brings over 20 years of experience in the financial services, digital payments, and innovation sectors, having held leadership roles in both Mexico and the United States. His career includes positions at American Express, Banco Azteca, and Banco Dondé. Most recently, he served as General Manager of Broxel USA, where he led the development of digital financial products such as payment solutions, remittance services, e-wallets, accounts, bank cards, and cross-border platforms. He holds a Bachelor of Business Administration from Monterrey Institute of Technology and Higher Education, a Master's in Business Development and Innovation, and a FinTech diploma from the National Autonomous University of Mexico.

Strategic Context This appointment comes as Western Union is actively advancing its "Beyond" strategy—transitioning from a global remittance provider to a comprehensive financial services platform by deeply integrating digital solutions with its extensive physical network. In recent years, the company has actively explored the digital asset space, planning to launch the stablecoin USDP. It is also progressing with the acquisition of its peer, Intermex, for approximately $500 million, aiming to strengthen its market position in key remittance corridors such as the U.S.-Mexico route.

Management Statement Alegría stated that he is committed to continuously enhancing the customer experience by driving digital evolution, expanding omnichannel capabilities, and developing new products and services to meet people's diverse financial needs.