NOTICE OF MATERIAL FACT
Companhia Brasileira de Distribuição, pursuant to Article 157, Paragraph Four, of Law No. 6,404/76, and to CVM Rule No. 358/02, and in addition to the Notices of Material Facts released on May 11 and August 8, 2016, hereby informs its shareholders and the market that the minority shareholders of Via Varejo S.A. (“Via Varejo”), holders of common and preferred shares, gathered at the general shareholders meeting held on this date, approved the corporate reorganization proposal for the integration of the e-commerce business operated by Cnova Comércio Eletrônico S.A., a Brazilian subsidiary of Cnova N.V. (“Cnova NV”), into Via Varejo’s business (“Reorganization”), as recommended by the Special Committee of Via Varejo’s Board of Directors.
The implementation of the Reorganization remains conditioned to its approval at the shareholders meeting of Cnova NV, which is expected to occur during the fourth quarter of 2016.
To access the entire Notice of Material Fact in PDF format, click here.
São Paulo, September 12, 2016.
Investor Relations Office