Investor Presentaiton

Top-line Gross Sales Evolution (R$ bn) 10.0 4.7 2.7 3.3 3.9 4.1 4.5 4.8 5.0 5.3 +5% 25.0 25.8 22.4 21.8 20.8 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 BAHIA + pontofrio Casas Bahia (Nov & Dec 2010 sales) Pontofrio pontofrio 2009 - 2010 Pão de Açúcar acquires Ponto Frio and merges with Casas Bahia' viavarejo 2012 The Company is re-named Via Varejo Notes: Pontofrio sales from 2003 to 2010 includes Nova Pontocom; 2011 to 2013 do not include Nova Pontocom; Consolidation of Casas Bahia sales to Pontofrio begun in Nov/2010 Source: Via Varejo 36

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