Management

According to our by-laws, our board of directors consists of at least 7 (seven) and up to 9 (nine) members. The directors meet ordinarily six times a year, and extraordinarily whenever required. The members of our board of directors are appointed at general shareholders’ meetings for a term of office of two years and are required to be our shareholders.

The board’s responsibilities include leading the corporate governance process, electing our executive officers and supervising our management. Currently our board of directors consists of 9 members elected by our shareholders.

We are managed by our board of directors (Conselho de Administração) and by our board of executive officers (Diretoria). None of our directors is party to an employment agreement providing for benefits upon termination of employment.

Board Members	Title	Date of Election	End of Term of Office
André Luiz Coelho Diniz	Independent Member	10.06.2025	AGM 2027
André Luiz Coelho Diniz is a businessman and investor in the capital markets. He is the founding partner of Supermercado Coelho Diniz, a supermarket chain with a 33-year track record of solid growth, currently reflected in the integrated operation of 22 large-format stores and a distribution center located in the eastern region of Minas Gerais. In addition to his significant role in the retail sector, he also holds investments in the logistics, import, real estate development, agribusiness, and distribution sectors — the latter standing out for the distribution of licensed products from iconic brands through Haf Distribuidor.
Gustavo Lobato Gonçalves	Independent Member	10.06.2025	AGM 2027
Gustavo Lobato is a businessman and investor with extensive experience in the real estate, mining, and capital markets sectors, among others. Since 2018, he has served as CEO of Parcelar Urbanismo, a Minas Gerais–based company specializing in land development projects. Previously, he held the position of Chief Financial Officer of the Company, leading financial management, strategic cash flow, and feasibility analyses for new business opportunities. His career also includes serving as Controller at Transportadora Transavante, as well as holding positions in the financial strategic planning division at Coca-Cola FEMSA in São Paulo and in the financial and accounting audit practice at KPMG. Alongside his executive career, Gustavo is a partner and investor in several significant businesses across different sectors, such as Grupo Avante Mineração, Nau Capital, Concreta Seguros, SuperPark Estacionamentos, and Grupo JDL.
Leandro Assis Campos	Independent Member	10.06.2025	AGM 2027
Leandro Assis Campos is a businessman and investor in the real estate and capital markets sectors. He is the founder of Ebrax Empreendimentos Imobiliários and has over 20 years of experience in identifying, structuring, and developing real estate projects, with a focus on the implementation of industrial warehouses and distribution centers under the built-to-suit model. His career in real estate and capital markets also includes providing strategic services to large companies in the retail and industrial sectors, with a focus on the acquisition, management, and sale of assets. He holds a degree in Business Administration from Universidade Vale do Rio Doce and is a member of the Brazilian Institute of Corporate Governance (IBGC).
Luiz Henrique Cunha	Independent Member	10.06.2025	AGM 2027
Mr. Luiz Henrique Cunha is a lawyer specializing in Tax Law, with extensive experience in identifying, mitigating, and managing tax contingencies, debt restructuring, tax settlements, and tax planning. Before becoming a partner at Cunha Leão Advogados, he worked as a tax consultant at KPMG and was part of the tax law teams of renowned law firms in São Paulo and Belo Horizonte. He also advises on corporate governance matters and provides strategic counsel in the retail and real estate sectors, with notable experience in significant financial restructuring transactions, divestments, and new business ventures. He holds a Law degree from PUC Minas and a specialization in Tax Law from the Brazilian Institute of Tax Law (IBDT). He is a member of both IBDT and the Brazilian Institute of Corporate Governance (IBGC).
Christophe José Hidalgo	Member	10.06.2025	AGM 2027
Mr. Christophe Hidalgo is member of the Board of Directors of GPA, elected on December 28, 2020, integrating the Audit, Finance and Innovation and Digital Transformation Committees. He is also member of the Board of Directors of Assaí Atacadista, elected on December 31, 2020, in which he also integrates the Strategic and Investment, Financial, People and Culture, and Sustainability Committees. At GPA, he held the positions of Interim Chief Executive Officer from November 2020 to March 2021, responsible for conducting the spin-off process between GPA and Assaí Atacadista, and Vice President of Finance from April 2012 to April 2021. Worked as CFO (Chief Financial Officer) of Grupo Êxito (Colombia), a subsidiary of Grupo Casino, from 2010 to 2012, and is currently a member of its Board of Directors. After joining Casino in 2000, he held several positions in finance and controllership in the Group. As previous experience in Brazil, he worked as CFO of the retailer Castorama, between 1996 and 2000. Christophe is French, with bachelor’s degree in private law and a degree in finance and accounting, both at the University of Bordeaux (France).
Marcelo Ribeiro Pimentel	Member	10.06.2025	AGM 2027
Marcelo Pimentel is a dynamic executive with over than twenty years of retail operations experience with a track record of delivering results across a diverse group of countries and cultures. Understands how to work in both strategic and tactical environment and know how to build and lead teams focused on the customer. He has held the position of CEO of GPA since 2022. Before, he was the CEO, from 2019 to 2022, and COO, from 2017 to 2019, of Lojas Marisa. From 2015 to 2017, he was the COO of Drogarias Pacheco and, before that, he worked in senior executive positions for Walmart Group in United Kingdom and Brazil for over 10 years.
Helene Esther Bitton	Member	10.06.2025	AGM 2027
She has been part of the Casino Group since 2017. She served as General Manager of ExtenC, then as Chairman from October 2022 to December 2023. She has been Director of M&A and a member of the Executive Committee of the Casino Group since March 2023. Before joining the Casino Group, Ms. Helen Bitton was an attorney at the law firm Cleary Gottlieb Steen & Hamilton LLP between 2009 and 2017. She holds a Master’s degree in Law from Sorbonne University and an MBA from ESSEC – École Supérieure des Sciences Économiques et Commerciales.
Edison Ticle de Andrade de Melo e Souza Filho	Independent Member	10.06.2025	AGM 2027
Edison Ticle de Andrade Melo e Souza Filho holds a degree in Business Administration from Fundação Getulio Vargas (FGV) and studied Economics at the University of São Paulo (USP). He also holds a Master’s degree in Economics from FGV, an MBA in Business Economics from USP, and completed the Advanced Management Program (AMP 2022) at Harvard Business School. Mr. Edison began his career in 1999 at BTG Pactual. He also worked as a Senior Portfolio Manager at Constellation Asset Management and at Black River Investment Management (a Cargill subsidiary). In 2007, he joined Banco Safra, where he served as Chief Treasurer and Head of Proprietary Trading. In February 2009, Edison Ticle joined Minerva, and since April 2010, he has served as Chief Financial Officer and Investor Relations Officer. Mr. Ticle is a member of the Board of Directors and Chair of the Audit Committee at Azzas 2154 S.A., as well as an independent board member at TC Traders Club S.A. He previously served as a member of the Board of Directors and Chair of the Statutory Audit Committee at Aeris.
Rodolfo Costa Neves Francisco	Independent Member	10.06.2025	AGM 2027
Rodolfo Costa Neves Francisco is a founding partner and Head of Asset Management at CNF Capital Gestão de Recursos Ltda., where he is responsible for managing investments both in Brazil and abroad. He is also active in agribusiness as the head of Grupo CNF, which comprises the São Paulo, Barreirão, and Boa Sorte farms, where he oversees cattle breeding and fattening operations, rubber tree cultivation, and grain production. Between 2013 and 2014, he participated in the general business trainee program at Banco Itaú BBA, working in the areas of fixed-income product structuring, financial institution lending, and client coverage. He currently serves as a member of the Finance and Audit Committees of Grupo Pão de Açúcar. He holds a degree in Civil Engineering from the Polytechnic School of the University of São Paulo (USP) and a dual Master of Science degree in Finance and Management Engineering from Politecnico di Milano in Italy. He is also certified by Anbima with the CGA designation.

Board of Statutory Executive Officers	Title	Date of Election	End of Term of Office
Marcelo Pimentel	Chief Executive Officer	06.25.2025	2 years
Marcelo Pimentel is a dynamic executive with over twenty years of retail operations experience with a track record of delivering results across a diverse group of countries and cultures. Understands how to work in both strategic and tactical environments and knows how to build and lead teams focused on the customer. He has held the position of CEO of GPA since 2022. Before, he was the CEO (2019–2022) and COO (2017–2019) of Lojas Marisa. From 2015 to 2017, he was COO of Drogarias Pacheco, and before that, he held senior executive positions at Walmart Group in the United Kingdom and Brazil for over 10 years.
Rafael Sirotsky Russowsky	Vice President of Finance and Investor Relations	06.25.2025	2 years
Mr. Rafael Russowsky is the CFO of GPA and previously served for more than 10 years as corporate development and participations director of Casino Groupe. He has more than 15 years of experience in the financial sector, having worked at Banco Safra (1998–2002) as Regional Manager for Prepayment of Receivables, and at HSBC (2002–2004) focusing on credit analysis and receivables. From 2004 to 2012, he worked in investment banking (M&A and capital markets) at Oppenheimer & Co (New York), Morgan Stanley (São Paulo), and Credit Suisse (São Paulo). He also has experience in risk management and operations across sectors such as healthcare, sugar-alcohol, and infrastructure. He holds a bachelor’s degree in business administration from PUC-RS and an MBA from Columbia Business School (New York).
Joaquim Sousa	Commercial Director	06.25.2025	2 years
Mr. Joaquim Alexandre Fernandes Sousa is currently the Company’s Commercial Director. He has worked at Grupo Pão de Açúcar since June 2022. Prior to that, he was a perishables manager at Wal-Mart (1995–1999), and then worked for 13 years at Carrefour in various roles, including supply, merchandising operations, and as Executive Commercial Director (2006–2022). Between 2011 and 2014, he served as CEO of the MV Group. He holds a specialization in Retail from FGV.

According to the Company’s Bylaws, the Fiscal Council is a non-permanent body and, when established, must be composed of 3 regular members and an equal number of alternates. The Council shall only be established upon request by the Company’s shareholders. At the Annual General Meeting held on April 28, 2025, the establishment of the Fiscal Council was approved.

Board Members	Title	Date of Election	End of Term of Office
Tufi Daher Filho	President	04.28.2025	AGM 2026
Mr. Tufi is the owner of TDF Consultoria Empresarial Ltda., a partner of The Empreendimentos e Construtora Ltda., and the owner of the Loungerie, Osklen, and Richards franchises in Uberlândia (MG). Over the past 5 years, he has served as a Counselor for Companhia Paulista de Trens Metropolitanos (CPTM), Technical Counselor for Hidrovias do Brasil S.A., Executive Director for the Company, Director for Cia. Metalic Nordeste, President of the Board of Directors for MRS Logística S.A., and Counselor for the National Association of Railway Transporters (ANTF). He holds a degree in Civil Engineering from the Catholic University of Minas Gerais, participated in a professional training course offered by the Japan International Cooperation Agency on Transport Planning, in addition to having an MBA in Business Administration from Fundação Dom Cabral, and took part in the Advanced Management Program in partnership with INSEAD, in France.
Marcílio Amato Vaz de Melo	Member	04.28.2025	AGM 2026
Mr. Marcílio holds a bachelor’s degree in Business Administration and in Accounting from Centro Universitário Newton Paiva, where he also completed his postgraduate studies in Advanced Accounting and in Higher Education Pedagogical Practice. Mr. Marcílio worked as an accounting analyst at Consentino & Noronha Auditoria until 1982, after which he worked as an independent accounting consultant, specializing in the preparation and review of financial reports. Currently, Mr. Marcílio works as an accounting specialist at Amato Serviços Contábeis, providing accounting and tax advisory services, assisting in the review of financial reports, and preparing valuation studies.
Rômulo Santos Siqueira	Member	10.06.2025	AGM 2026
Since August 2021, he has been a managing partner at BRS Serviços Contábeis Ltda., providing corporate accounting services to medium and large-sized companies. He has over 26 years of experience in the accounting field, having served as an accountant and accounting and financial consultant at Ortec Contabilidade. Throughout his career, he has provided services to several companies in the retail sector, with notable experience working with Farmácia Indiana, a retail pharmacy chain with 275 stores and approximately 7,600 employees.
David Rosa Alegre	Alternate	04.28.2025	AGM 2026
Mr. Davi R. Alegre has over 20 years of experience in financial positions, currently serving as Corporate Finance Director at Grupo Eletrobrás S.A., a position he has held since July 2023. Between August 2019 and December 2022, he also worked at Via Varejo (now known as Grupo Casas Bahia S.A.) as Administrative-Financial Director, and between April 2019 and August 2019, he worked as Senior Treasury Director. He holds a degree in Economics from PUC/SP (2002), an MBA in Business Economics and Finance from USP/Fipe (2005), participated in the Executive Development Program at Fundação Dom Cabral in 2017, and completed the Board Member Training (CNP) at Board Academy (2022-2023).
Antônio Sérgio Salvador dos Santos	Alternate	04.28.2025	AGM 2026
Antônio Sérgio Salvador dos Santos served as Vice President of Human Resources and Management at Grupo Pão de Açúcar from 2013 to 2019. He was Vice President of Human Resources for Hewlett-Packard in Brazil from 2010 to 2013. Prior to that, he was Executive Director of Human Resources at PricewaterhouseCoopers Brazil from 2007 to 2010, Managing Partner at IBM Global Business Services from 2003 to 2007 in Brazil and the United States, Executive Director at Promon Tecnologia from 2001 to 2003, Senior Manager at PricewaterhouseCoopers Brazil from 1997 to 2001, and Manager of Brahma’s corporate university from 1994 to 1997. He holds a degree in Social Communication from Universidade Gama Filho and an Executive MBA from Fundação Cândido Mendes. Additionally, he participated in business administration programs at Fundação Getulio Vargas (FGV), INSEAD, and Harvard Business School.
Décio Chaves Rodrigues	Alternate	06.10.2025	AGM 2026
He has served as Vice Chairman of the Board of Directors of Cooperativa de Crédito do Vale do Rio Doce – SICOOB Crediriodoce since 2017 and holds a certification from FGV. He was a member of the Fiscal Council at the same institution from 2008 to 2010. He has also been a member of the Fiscal Council of Fundação Percival Farquhar since 2016 and a member of the Board of Directors of Garantia dos Vales – Sociedade de Garantia de Crédito. He is a guest lecturer in the MBA program at FUCAPE, specializing in Corporate Governance. He has been working as an accountant since 1995 and is a founding partner of BRS Serviços Contábeis, providing financial, accounting, and controllership advisory services to medium and large-sized companies. He holds a PhD and a Master’s degree in Accounting Sciences from FUCAPE Business School, as well as a Bachelor’s degree in Business Administration (1985, CRA 15.553 MG) and in Accounting Sciences (1993, CRC 067858 MG) from UNA/BH.