Companhia Brasileira de Distribuição : Minutes of the Board of Directors´ Meeting - Extract of the Minutes of the Meeting of the Board of Directors

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO

PUBLICLY HELD COMPANY AND AUTHORIZED COMPANY

CNPJ/MF No. 47.508.411/0001-56

NIRE 35.300.089.901

EXTRACT OF THE MINUTES OF THE MEETING OF THE BOARD OF

DIRECTORS HELD ON FEBRUARY 6, 2020

1. DATE, TIME AND PLACE: on February 6, 2020, at 12:30 a.m., at the head offices of Companhia Brasileira de Distribuição ("Company"), at Avenida Brigadeiro Luís Antônio, No. 3.142, City and State of São Paulo.
2. CONDUCTION OF THE MEETING: Chairman: Mr. Arnaud Daniel Charles Walter Joachim Strasser; Secretary: Mrs. Aline Pacheco Pelucio.
3. CALL TO ORDER AND ATTENDANCE: The call waived by the agreement of all members. All the members of the Company's Board of Directors were present, namely, Mr. Arnaud Daniel Charles Walter Joachim Strasser, Jean-Charles Henri Naouri, Ronaldo Iabrudi dos Santos Pereira, Eleazar de Carvalho Filho, Franck-Philippe Georgin, Hervé Daudin, Luiz Augusto de Castro Neves, Luiz Nelson Guedes de Carvalho and Philippe Alarcon.
4. AGENDA: Analysis and deliberation on the amended versions of the Company's policies, regulations and documents approved by the Board of Directors on November 28, 2019.
5. RESOLUTIONS: As the meeting started Messrs. Franck-Philippe Georgin, Hervé Daudin and Philippe Alarcon declared that they will abstain from voting on the agenda for the present meeting in view of the deliberation on rectified documents approved at a meeting held in 28.11.2019, therefore prior to the effective investiture of said members. Subsequently, members Arnaud Daniel Charles Walter Joachim Strasser, Jean-Charles Henri Naouri,

Ronaldo Iabrudi dos Santos Pereira, Eleazar de Carvalho Filho, Luiz Augusto de Castro Neves, Luiz Nelson Guedes de Carvalho examined the items on the Agenda and took the following resolutions, unanimously and without reservations:

1. 5.1 Analysis and deliberation on the amended versions of the Company's policies, regulations and documents approved by the Board of Directors on November 28, 2019:

2. Considering that in a meeting held on 11.28.2019, the members of the Board of Directors, Messrs. Arnaud Daniel Charles Walter Joachim Strasser, Jean-Charles Henri Naouri, Ronaldo Iabrudi dos Santos Pereira, Eleazar de Carvalho Filho, Luiz Augusto de Castro Neves, Luiz Nelson Guedes de Carvalho approved the versions presented by the Administration of the following documents (a) Trading Policy of Securities Issued by the Company; (b) Appointment and Compensation Policy for the Members of the Board of Directors, their Advisory Committees, Statutory Board and Fiscal Council, (c) Corporate Risk Management Policy; (d) Related Party Transaction Policy; (e) Internal Regulations of the Board of Directors; (f) Internal Regulations of the Audit Committee; (g) Internal Rules of the Corporate Governance and Sustainability Committee; (h) Internal Rules of the Financial Committee; (i) Internal Rules of the Human Resources and Compensation Committee; (j) the Code of Ethics and the Policy of Consequences and Disciplinary Measures attached thereto; and (k) Innovation and Digital Transformation Committee, whose terms were subject to the formal approval by B3 of the Company's migration to the Novo Mercado;
3. Considering that B3 made requirements and recommendations in the wording of some articles provided for in the approved documents as described in item 5.1.1 above, Management presented new versions of documents (a) to (k) described above to fulfil B3´s requirements and recommendations.
4. In this sense, the continuous act of presenting the referred new versions of documents (a) to (k) to the members of the Board of Directors and based on the recommendation of the advisory committees in favor of their specific powers, Mr. Arnaud

Daniel Charles Walter Joachim Strasser, Jean-Charles Henri Naouri, Ronaldo Iabrudi dos Santos Pereira, Eleazar de Carvalho Filho, Luiz Augusto de Castro Neves, Luiz Nelson Guedes de Carvalho decided to approve the new versions of the documents of drafts (a) to (k ) presented to the Board of Directors, initialed by the presiding board and filed at the Company's headquarters, which shall be in force and disclosed under the conditione of the formal approval by B3 of the Company's migration to the Novo Mercado.

6. APPROVAL AND SIGNATURE OF THESE MINUTES: As there were no further matters to be addressed, the meeting was adjourned so that these minutes were drawn up. Then the meeting was resumed and these minutes were read and agreed to, having been undersigned by all attending persons. São Paulo, February 6, 2020. Chairman: Mr. Arnaud Daniel Charles Walter Joachim Strasser; Secretary: Mrs. Aline Pacheco Pelucio. Voting Members of the Board of Directors who were present: Messrs. Arnaud Daniel Charles Walter Joachim Strasser, Jean-CharlesHenri Naouri, Ronaldo Iabrudi dos Santos Pereira, Luiz Augusto de Castro Neves and Luiz Nelson Guedes de Carvalho.

I hereby certify, for due purposes, that this is an extract of the minutes registered in the relevant corporate book, in accordance with Article 130, paragraph 3, of Law No. 6.404/76 as amended.

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Aline Pacheco Pelucio

Secretary