Companhia Brasileira de Distribuição : Notice to the Market - Disclosure of Change in Material Equity Interest

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO

PUBLICLY HELD COMPANY WITH AUTHORIZED CAPITAL

CNPJ/ME 47.508.411/0001-56

NIRE 35.300.089.901

NOTICE TO MARKET

Companhia Brasileira de Distribuição (the "Company" or "CBD) discloses the communication received from Nuveen LLC, that on April 21st, 2021, its aggregate holdings added up to approximately 4.80% of the total common shares issued by the Company.

The Company's Investor Relations Department remains available to provide shareholders with any further explanation that may be required in connection with the object of this Notice to Market, through the phone number [phone] or by the e-mail address: [e-mail]

São Paulo, April 22nd 2021.

Isabela Cadenassi

Investor Relations Officer

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO

Avenida Brigadeiro Luís Antônio, 3142

São Paulo - SP

CEP 01402-901

At: Isabela Maria Cadenassi Batista

Investor Relations Officer [e-mail]

São Paulo, April 21, 2021

Re: Disclosure of Change in Material Equity Interest

Dear Mrs. Batista:

1. We, the undersigned Nuveen LLC, hereby notify you that certain funds and accounts managed by our investment adviser subsidiaries have disposed of, in the name of suchaccounts and funds, a total of 926,400 common shares issued byCompanhia Brasileira de Distribuição ("Company"). As a result, the aggregate holdings are 12,881,298 common shares, representing 4.80% of the common shares issued by the Company.

2. Thus, for compliance with Article 12 of Commission ("CVM") on January 3, 2002, as amended,

Regulation No. 358 issued by the Brazilian Securities Nuveen LLC herebyprovides the following information:

1. 1. 1. The registered office of Nuveen LLC is located at 730 Third Avenue New York, NY 10017, United States;
      2. Nuveen LLC's objective for the participation in the Company is as a passive investment. We do not have the objective of changing the controlling group or the administrative structure of the Company;
   2. As indicated in item 1 above, we hold an interest, on behalf of certain funds and accounts for which our investment adviser subsidiaries act as investment manager, of 12,881,298 common shares, representing 4.80% of the common shares issued by the Company;
   3. Such funds or accounts do nothold any (a) securitiesor other right convertible into shares issued by the Company, or (b) any derivatives related there to (either financially or physically settled); and
   4. Nuveen LLC has not entered into any agreements or undertakings governing the exercise of voting rights or the purchase and sale of securities issued by the Company, other than agreements usually executed forpurposes of asset management, pursuant to which certain of the clients of our investment adviser subsidiaries may exercise voting rights in respect of their investment portfolio.
2. The legal representative of such funds and accounts is Citibank Distribuidora de Títulos e Valores Mobiliários S.A., which is enrolled with the Corporate Taxpayers' Registry in Brazil ("CNPJ/ME") under No. 33.868.597/0001-40.
3. Should any further clarification or commentary be required concerning the matter, please contact Joseph T. Castroby telephone: [phone], or by e-mail:[e-mail].

Nuveen LLC

Joseph T. Castro

Duly authorized under Power of Attorney effective as ofJanuary 1st, 2020, by and on behalf of Nuveen LLC and its direct and indirect subsidiaries.

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