Investor Presentaiton

Strong Management Team and Corporate Governance Standards + Strong Governance, Aligned Management Incentives • Active Supervisory Committees (Operations, Expansion, Human Resources and Audit) reporting to the Board • Stock-option plan for Senior Executives Qualified Management Team Board Members Name Position Age Past Experience Board Member Years in the Industry Cláudio Roberto Ely CEO 62 Drogasil, Banco Ger. Com, 14 Franco Pipponzi Board Member Grupo C. Correa Eugênio De Zagottis VP Investor Relations 23 41 Droga Raia, McKinsey, 12 123 Name Position Antonio C. Pipponzi Executive Chairman Plinio Musetti Carlos Pires de O. Dias Board Member • Experience Former Chairman and CEO of Raia S.A. (1984-2011), 35 years of industry experience Partner of Pragma Patrimônio and former Chairman of Raia S.A. Former partner of J.P. Morgan Partners ⚫ Former Director and executive of Raia S.A. Former Director of Zambelletti Pharmaceutical Company Former Chairman of Drogasil ⚫ Director of several companies of the Camargo Correa Group Ricardo Castro Azevedo 63 VP - Finance 83 Drogasil, Banco Multiplic 15 Renato Pires de O. Dias Board Member Former Director of Drogasil S.A. Fernando Kozel Varela 41 Droga Raia, 16 VP Operations Paulo Sérgio C. Galvão Board Member Arthur Andersen Droga Raia, Marcello De Zagottis 36 Borders 8 VP-Commercial Bookstores Droga Raia, Rosangela Lutti 56 VP Human Resources Contax, Bunge, Camargo Correa 2 Antonio Carlos de Freitas 61 VP - Retail Drogasil, Unibanco 13 José Paschoal Rossetti Independent Board Member Itamar Correia Silva Independent Board Member Jairo E. Loureiro Independent Board Member • Former Director of Drogasil S.A. Director of Klabin S.A. • Director of Grupo Fleury and Boticário Professor of Fundação Dom Cabral Consultant on Strategy and Governance • Former Director of Raia S.A. Director of J. Macedo, former executive of Natura and Unilever • Director of Planibank Investimentos and of Hypermarcas Former director of Drogasil S.A. 10 10

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