Companhia Brasileira de Distribuição Announces Election of Marcelo Ribeiro Pimentel as Chief Executive Officer, Effective April 4, 2022

Companhia Brasileira de Distribuiçao is one of the largest Brazilian retailing groups. The group proposes food products, clothes, care products, etc. Net sales break down by activity as follows: - retail distribution (53.6%): detention, at the end of 2018, of 4,162 outlets (supermarkets, hypermarkets and specialized stores under names Pão de Açúcar, Minuto Pão de Açúcar, Extra Hiper, Extra Super, Minimercado Extra, Posto Extra and Drogaria Extra) located in Brazil; - wholesale self-service distribution (46.4%; Cash & Carry): activity provided under the Assai name.