Approval by the Shareholders’ meeting of Éxito of the project of acquisition of 50% of GPA (Brazil) voting shares and 100% of Libertad (Argentina)

Éxito obtained on 18 August, 2015, the approval from its Shareholders’ general meeting regarding the acquisition from Casino group of 50% the ordinary voting shares of its subsidiary GPA in Brazil (representing around 18.8% of the total capital of the company), and a 100% stake in Libertad (subsidiary of the Group in Argentina). The transaction was announced on July 30, 2015.