Acquisition of Grupo BIG

The combination of two complementary players will result in ~R$100bn sales and R$50bn billings in banking business Carrefour North 4 8 Northeast 13 Midwest 248 86 Southeast 10 South 489 Stores + GRUPO BIG North Combined network Northeast 4 160 19 Midwest 31 Southeast South 108 22 387 Stores Multi-retail stores Cash & Carry Club North 17 24 Midwest Northeast 16873 279 94 Southeast South 11846 876 Stores Grupo Carrefour Brasil is mostly present in the Southeast while Grupo BIG is focused on the Northeast and South Note: Figures as of Dec/20 for stores only (excl. gas stations, drugstores and wholesale centers) 13

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