FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of May, 2022

Brazilian Distribution Company
(Translation of Registrant's Name Into English)

Av. Brigadeiro Luiz Antonio,
3142 São Paulo, SP 01402-901
Brazil
(Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F)

Form 20-F X Form 40-F

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101 (b) (1)):

Yes ___ No X

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101 (b) (7)):

Yes ___ No X

(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes ___ No X

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO

Publicly Held Company with Authorized Capital

Corporate Tax ID (CNPJ/ME) No. 47.508.411/0001-56

Company Registry NIRE 35.300.089.901

NOTICE TO THE MARKET

Companhia Brasileira de Distribuição ("GPA"), in consonance with Brazilian Law No. 6,404/1976 and with Brazilian Exchange Commissions (CVM) Resolution No. 44/2021, complementing the Material Fact disclosed by GPA on May 6th, 2022, regarding the approval of a share buyback plan by the Board of Directors of Almacenes Éxito S.A. ("Éxito"), a publicly traded company headquartered in Colombia, in which GPA holds 96.57% of the capital equity, hereby informs its shareholders and the market in general that the General Shareholders' Meeting of Éxito approved, on this date, such share buyback plan, on the terms proposed by Éxito's Board of Directors, as informed in the Material Fact disclosed on May 6th, 2022.

The buyback offer of Éxito's shares shall be disclosed by the Colombian Stock Exchange and, subsequently, the shareholders interested in selling its shares shall have a deadline of ten (10) working days to accept the offer. The whole procedure is expected to be concluded until the end of the second trimester of 2022.

GPA reiterates that, at this moment, there is no decision taken by the Board of Directors of GPA regarding the sale of its shares held in Éxito.

All of Éxito's documents referring to the buyback program, including the material fact through which such program has been disclosed to the market, can be accessed in integral form on Éxito's website (https://www.grupoexito.com.co/en).

GPA will keep the market and its shareholders informed of the existence of new material facts related to the matter.

São Paulo, May 24, 2022.

Guillaume Marie Didier Gras

Vice-President of Finance and Investors Relations Officer

SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO
Date: May 24, 2022 By: /s/ Marcelo Pimentel
Name: Marcelo Pimentel
Title: Chief Executive Officer
By: /s/ Guillaume Marie Didier Gras
Name: Guillaume Marie Didier Gras
Title: Investor Relations Officer



FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

CBD - Companhia Brasileira de Distribuição published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:11:47 UTC.