Companhia Brasileira de Distribuição : Minutes of the Board of Directors 'Meeting

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO

PUBLICLY HELD COMPANY AND AUTHORIZED COMPANY

CNPJ/ME 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 MARCH, 2021

1. DATE, TIME AND PLACE: on February 23, 2021, at 02:00 p.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 was waived pursuant to paragraphs first and second of article 14 of the Company's Bylaws and articles 7 and 8 of the

Internal Regulation of the Company's Board of Directors. Were present all of the members of the Board of Directors, namely, Messrs. Arnaud Daniel Charles Walter Joachim Strasser, Jean-Charles Henri Naouri, Ronaldo Iabrudi dos Santos Pereira, Christophe Hidalgo, Eleazar de Carvalho Filho, Hervé Daudin, Luiz Augusto de Castro Neves, Rafael Russowsky and Renan Bergmann

4. AGENDA: (i) Analysis and deliberation about changes in the Company's Executive Board; and (ii) Analysis and deliberation on the replacement of the Company's independent auditor, responsible for auditing the Financial Statements.

5. RESOLUTIONS: Starting the work, Messrs. Counselors took the following resolutions, unanimously and without reservations:

5.1 Analysis and deliberation about changes in the Company's Executive Board: The Members of the Company's Board of Directors became aware that, in view of the conclusion of the spin-off of Sendas Distribuidora SA, Messrs. Christophe José Hidalgo - Interim Chief Executive Officer, Vice- President of Finance and Director of Investor Relations and Belmiro de Figueiredo - Chief Executive Officer of Wholesale Business, resigned from their positions with the Company today, March 19, 2021. Messrs. Directors thanked for their valuable contribution and dedication.

On a continuous basis, after discussions, and based on the Company's Bylaws, the Members of the Board of Directors decided to elect the following Members to the Company's Executive Board, for a 02-year term, to end at the first meeting of the Board of Directors that takes place after the Annual General Meeting that approves the accounts for the year 2022: Messrs. (i) Jorge Faiçal Filho, Brazilian, married, administrator, bearer of identity card RG nº 22.702.673-1, enrolled in CPF / ME under nº 192.223.408-76, resident and domiciled in the city of São Paulo, State of São Paulo, with a professional address at Avenida Brigadeiro Luís Antônio, No. 3,142, Jardim Paulista, in the City of São Paulo, State of São Paulo , CEP 01402-000, for the position of Chief Executive Officer of the Company; (ii) Guillaume Marie Didier Gras, French, married, bearer of RNE n ° G303564-C, enrolled with the CPF / MF under number 239.025.248 / 63, resident and domiciled in the City and State of São Paulo, with a professional address at Avenida Brigadeiro Luís Antônio, nº 3.142, Jardim Paulista, in the City of São Paulo, State of São Paulo, CEP 01402-000, for the position of Vice President of Finance of the Company; (iii) Isabela Maria Cadenassi Batista, Brazilian, married, administrator, bearer of identity card RG nº 33.793.472-1 SSP / SP, registered with CPF / MF under nº 220.503.808-79, resident and domiciled in the City and State of São Paulo, with professional address at

Avenida Brigadeiro Luís Antônio, nº 3,142, Jardim Paulista, in the City of São Paulo, State of São Paulo, CEP 01402-000, for the position of Investor Relations Officer of the Company. Therefore, the composition of the Company's Executive Board is as follows (i) Chief Executive

Officer: Jorge Faiçal Filho, qualified above; (ii) Vice President of Finance: Guillaume

Marie Didier Gras; and (iii) Investor Relations Officer: Isabela Maria Cadenassi Batista.

5.1.1. The Officers now elected took office on this date, signing the respective Term of Indemnity, filed in the respective book, and declared, under the penalties of the law, that they are not involved in any of the crimes provided for by law that prevents them from exercising commercial activity, having aware of the provisions of article 147 of Law 6,404 / 76. The clearance statements are filed at the Company's headquarters.

5.1.2. Subsequently, the proposal for the appointment of the Officers who may represent the Company before third parties was unanimously presented and resolved, with the Messrs. Members of the Board of Directors resolved, unanimously and without restrictions, as follows:

5.2 Analysis and deliberation on the replacement of the Company's independent auditor, responsible for auditing the Financial Statements: the members of the Company's Board of Directors indicated the hiring of the independent auditing company Deloitte Touche Tohmatsu

("Deloitte") to perform the audit processes of the Company's Financial Statements. On a continuous basis, they authorized the Executive Board to take all necessary measures to formalize the hiring of said auditor.

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, March 19, 2021. Chairman: Mr. Arnaud Daniel Charles Walter Joachim Strasser; Secretary: Mrs. Aline Pacheco Pelucio. Members of the Board of Directors who were present: Messrs. Arnaud Daniel Charles Walter Joachim Strasser, Jean-

Charles Henri Naouri, Ronaldo Iabrudi dos Santos Pereira, Christophe Hidalgo, Eleazar de Carvalho Filho, Hervé Daudin, Luiz Augusto de Castro Neves Rafael Russowsky and Renan Bergmann.

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.

__________________________________

Aline Pacheco Pelucio

Secretary