MATERIAL FACT

Companhia Brasileira de Distribuição ("GPA"), pursuant to Law No. 6.404/1976 and CVM Resolution No. 44/2021, in view of news published in the media regarding a plan to sell Almacenes Éxito S.A. ("Éxito"), a publicly-held company with authorized capital headquartered in Colombia, of which GPA is the direct controlling shareholder, hereby informs its shareholders and the market in general that is always evaluating strategic projects to create value to its shareholders and in this context preliminary studies are being carried out for the segregation of GPA and Éxito businesses, aiming to unlock Éxito's value.

The effective implementation of any transaction aiming the segregation of Éxito's equity depends on the conclusion of the preliminary studies in progress, as well as on obtaining the necessary approvals required by law and the applicable regulatory bodies.

The Company will keep its shareholders and the market informed of any other relevant facts related to this matter.

São Paulo, August 10, 2022.

Guillaume Marie Didier Gras

Vice-President of Finance and Investors Relations Director

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

CBD - Companhia Brasileira de Distribuição published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 10:12:40 UTC.