3Q18 SALES

• Gross sales revenue reached R$13.3 billion, up 12.8%, driven by the continuous improvement of Multivarejo and yet another quarter of strong performance at Assaí, up 25.5%, to R$ 6.4 billion.
• Same-store sales growth in all banners, totaling 7.1% for GPA Food, higher than 5.1% in 2Q18 and 2.8% in 1Q18.
• Continuity of market share gains in all banners, with an increase of 140bps in Multivarejo and 190bps in Assaí.
• A new version of our “Cliente Mais” and “Clube Extra” apps were released in September, which have more than 6.5 million downloads.
• Food-at-home inflation stood at 1.3% this quarter.
• The multi-channel, multi-format and multi-region portfolio has contributed to the Company’s sustainable performance towards achieving the annual guidance.

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