Notice to the Market

São Paulo, March 12^th, 2013 – Companhia Brasileira de Distribuição (“CBD”) and Via Varejo S.A. (“Via Varejo”) hereby inform its shareholders and investors the following changes: (i) the appointment of Daniela Sabbag as Grupo Pão de Açúcar’s Investor Relations Officer, replacing Vitor Fagá, and (ii) the appointment of Vitor Fagá as Chief Financial Officer (CFO) and Investor Relations Officer for Via Varejo, replacing Claudia Elisa Soares. Election of these executives will be resolved on the coming Board of Directors meetings of Via Varejo and CBD, scheduled for March 21, 2013 and April 19, 2013, respectively.

New Boards of Executive Officers

In continuation of the process of integrating, deploying strategic management and capturing synergy between GPA and Via Varejo, under the command of Ramatis Rodrigues, CEO of Via Varejo, Ney Santos becomes the Information Technology (IT) and Logistics Officer. Santos served as IT Officer at GPA. Jorge Herzog will continue on Via Varejo’s Board of Executive Officers and will serve as Vice President of Operations.

Mara Maehara has been promoted to IT Officer at GPA and will report to the Management Control and Strategic Planning Executive Office.