Jerónimo Martins SGPS, S.A.
Resolutions of the Annual General Shareholders Meeting
Jerónimo Martins, SGPS, S.A. informs that, at its Annual General Shareholders Meeting held today, the proposals concerning the items on the Agenda were approved as follows:
2016 Annual Report and Accounts;
The proposal for application of results as presented:
In the financial year 2016, Jerónimo Martins, SGPS, S.A. declared consolidated profits of 593,218,203.38 euros and a profit in individual accounts of 350,645,129.42 euros.
The Board of Directors proposes to Shareholders that the net profits be applied in the following manner:
The Board of Directors also proposes to the Shareholders the distribution of free reserves in the amount of 34,563,882.10, in addition to the referred distribution of profits for the year.
The proposed distribution of profits for the year and free reserves represents a gross dividend payment of 0.605 euros per share, excluding own shares in the portfolio.
2016 consolidated annual report and accounts;
A vote of appreciation, recognition and trust to the Board of Directors and to each and every member thereof and, mostly, to its Chairman, as well as to the Audit Committee and each and every member thereof;
The statement on the remuneration policy of the management and audit bodies of the Company prepared by the Remuneration Committee;
The appointment of the new Company's statutory auditor until the end of the current term of office (2016-2018).
Note: The proposals are available athttp://www.jeronimomartins.pt/investidor/assembleia-geral/ag- 2017.aspx?lang=en
Lisbon, April 6, 2017
Jerónimo Martins, SGPS, S.A. Public Company| Headoffice: Rua Actor António Silva, n.º7, 1649-033 Lisboa| ShareCapital: Euro 629,293,220.00 | Registeredatthe C.R.C. of Lisbonand Tax Number: 500100144 | www.jeronimomartins.com
Jeronimo Martins SGPS SA published this content on 06 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 April 2017 18:19:18 UTC.
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Jerónimo Martins, SGPS, S.A. is a Group that holds assets in the food sector, mostly in distribution, with market leadership positions in Poland and Portugal. In 2023, the Group recorded sales of 30.6 billion euros and an EBITDA of 2.2 billion euros. The Group had a total of 134,379 employees and ended 2023 with a market capitalisation of 14.5 billion euros on the Euronext Lisbon stock exchange.
In Poland, Biedronka, representing 70% of Group sales and 85% of its EBITDA, is a chain of food stores and the undisputed leader in food retail and in 2023 it continued to increase its market share. Also in Poland, Hebe focuses on the specialised retail of health and beauty products, managing a considerable assortment of products at competitive prices and an in-store consultation service. At the end of 2023 Hebe opened two stores in Czechia, aimed at putting a face to the brand's presence in this country, where growth will be driven through e-commerce.
In Portugal, the Group has a leadership position in food distribution. It operates the banners Pingo Doce and Recheio, which are market leaders in the supermarket and cash & carry formats, respectively. Pingo Doce is a supermarket chain that has a restaurant area in most of its stores. It has two central kitchens that supply not only these restaurants, but also its in-store takeaway operation. Recheio operates a chain of cash & carry stores and has strengthened its business model with a specialised food service operation, underpinned by dedicated platforms, which essentially serve HoReCa customers with a delivery service. Recheio continues also to expand a network of traditional retail partners under the Amanhecer banner. Jerónimo Martins Agro-Alimentar currently operates in four distinct areas: dairy, livestock farming, aquaculture, and fruit and vegetables. The Group also operates two specialised chains, the Jeronymo coffee shops and kiosks and the Hussel chocolate and confectionery chain.
In Colombia, Ara is a chain of proximity food stores, mostly set up in residential neighbourhoods, offering quality at the best price and combining competitiveness with promotional opportunities in key categories for the Colombian consumer. Also in Colombia, Bodega del Canasto operates as a mini cash & carry, aiming for the traditional market (B2B), offering customised Private Brands and industry brands solution.
JERÓNIMO MARTINS, SGPS, S.A. 
