Acquisition of Grupo BIG

as well as Brazilian society as a whole Brazilian state Brazilian society The transaction will result in new investments & jobs... » Higher investments: Grupo Carrefour Brasil invested ~R$15bn since 2019, including this transaction. Additional capex will be dedicated to store conversions and expansion of Sam's Club footprint » Significant job creation: Grupo Carrefour Brasil created 7,000 jobs in 2020 despite Covid. Additional jobs to be created directly with store openings across the country (openings of 60 additional Sam's Club stores would create ~8,000 additional jobs), as well as indirectly through suppliers, service providers etc. » Revenue for the Brazilian public treasury: Grupo Carrefour Brasil generated R$6.3bn of ICMS and R$3.5bn of PIS/COFINS taxes from operations in 2020, to be increased with relevant revenue synergies and incremental volumes from Grupo BIG as well as in the extension of all our ESG commitments Act for food: we are committed to promoting better food for all at fair prices » Concrete actions against food waste, food donations to vulnerable populations, promotion of local suppliers adopting sustainable practices (100% of meat suppliers monitored), among others » Environmental measures: waste collection, recyclable packaging, reduction in energy consumption & CO2 emissions (-19% in 2020 vs. 2019) and forest preservation (initiatives in favor of the Amazon) » Strong commitment against COVID-19 with the highest standards in the Brazilian market Fight against discrimination and promote diversity (63% of employees are black or colored) 19

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