Acquisition of Grupo BIG

Grupo BIG is a strategic player in Brazilian food retail... Key Operational Data FY 2020 387 stores • R$21.7bn of net sales . R$0.9bn of adjusted EBITDA • 41,000 employees 15 distribution centers and 6 wholesale centers (B2B) 13 gas stations 47% of stores owned (vs. 53% rented) Current Shareholding Structure Advent International GLOBAL PRIVATE EQUITY 81% Walmart GRUPO BIG 19% 1. Post-IFRS 16 basis Geographic Footprint² South: 133 stores 34% 18% 48% Northeast: 185 stores Southeast and Midwest: 69 stores % of total number of stores 2. Number of stores shown excludes gas stations and wholesale centers 7

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