On 13 December 2021, the Casino, Guichard-Perrachon Société Anonyme announced the launch of a Tender Offer to Qualifying Holders (each as defined in the Tender Offer Memorandum) of the EMTN Notes. Under the terms of the Tender Offer, Qualifying Holders (subject to offer restrictions) were invited to tender their EMTN Notes for purchase by the Company for a cash amount, subject to and in accordance with the terms and conditions of the Tender Offer as described in the Tender Offer Memorandum. The Tender Offer expired at 5:00 p.m. Paris time on 17 December 2021. The Company announced the results of the Tender Offer as described below. The aggregate principal amount of EMTN Notes validly tendered is 106,400,000.00 and the Maximum Tender Amount is 60,500,000.00. Aggregate principal amount of 2025 Notes validly tendered: 58,400,000.00. Aggregate principal amount of 2025 Notes accepted for purchase: 12,500,000.00. A Pro-Ration Factor of 30% will be applied to the 2025 Notes. Accrued Interest in respect of the 2025 Notes accepted for purchase: 3.11901%. Aggregate principal amount of 2025 Notes that remain outstanding after the Settlement Date (as defined in the Tender Offer Memorandum): 357,400,000.00. Aggregate principal amount of 2026 Notes validly tendered: 48,000,000.00. Aggregate principal amount of 2026 Notes accepted for purchase: 48,000,000.00. No Pro-Ration Factor will be applied to the 2026 Notes. Accrued Interest in respect of the 2026 Notes accepted for purchase: 1.54157%. Aggregate principal amount of 2026 Notes that remain outstanding after the Settlement Date: 460,300,000.00. Any charges, costs and expenses charged by the Qualifying Holders intermediary shall be borne by such Qualifying Holders.