The “Regulations to promote investment in the Industrial Welfare Zones of Progreso I and Merida I of the state of Yucatan” were issued on June 28th, 2024 (hereinafter the “Regulations”), such Regulations provide tax benefits to taxpayers that carry out productive economic activities within the Industrial Welfare Zones Progreso I and Merida I, as provided by the state of Yucatan, in certain areas of the Municipalities of Progreso and Merida on June 27, 2024.