São Paulo, October 27, 2016 – A Companhia Brasileira de Distribuição (“Company”), pursuant to CVM Ruling No. 358 dated January 3, 2002, as amended (“CVM Ruling 358”) hereby informs its shareholders and the market that the Company´s Board of Directors approved on the meeting held on October 27, 2016 the change of the means of disclosure of announcements regarding material acts and/or facts of the Company provided for in the Policy on the Disclosure and Use of Material Information and on the Preservation of Confidentiality issued by the Company (“Disclosure Policy”).

As permitted by CVM Ruling No. 547 dated February 5, 2014, which modified CVM Ruling 358, the Company will disclose announcements regarding material acts and/or facts, in their entirely, (i) on the online web page of “Portal NEO1” news portal (; and (ii) on the Company´s online web page (

In addition to the disclosure on the news portal mentioned above, the announcement of material acts and facts will also be disclosed simultaneously to CVM and BM&FBovespa S.A. – Bolsa de Valores, Mercadorias e Futuros.

The Company also informs that will update its registration form to reflect the amendment to the Company´s Disclosure Policy mentioned above.

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