NOTICE OF MATERIAL FACT

São Paulo, April 26^th, 2017 – Companhia Brasileira de Distribuição (“Company”), pursuant to Law No. 6,404/1976 and CVM Rule No. 358/02, in addition to the Notices of Material Fact published on February 18, 2016, March 7, 2016 and 26 January 2017, hereby communicates its shareholders and the market in general that it was informed, through Official Note No. 92/2017/CVM/SEP/GEA-5, that the Board of Commissioners of the Brazilian Securities and Exchange Commission (“CVM”) issued its decision not to hear the request for reconsideration formulated by the CVM´s Office of Public Company Supervision (“SEP”) in view of the decision of CVM’s Board of Commissioners dated December 13, 2016, which, by a majority, accepted the appeal presented by the Company against the determination of SEP of amending, restating and republishing the Company´s complete annual financial statements as of 12.31.2013 and 12.31.2014, as well as the DFP and ITR forms for the fiscal years of 2014 and 2015, as a result of the impact of the accounting entries of two corporate transactions carried out by its subsidiary Via Varejo S.A. in 2013.

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