Companhia Brasileira de Distribuição (“Company”) hereby informs that, pursuant to the resolutions at the Annual and Special Shareholders’ Meeting held on April 27th, 2016, the payment of the dividends approved by the shareholders, in the amount of R$ 3,865,003.30, corresponding to R$ 0,013703 per common share and R$ 0,015073 per preferred share, will be made on June 24th, 2016, to those who owned shares in April 27th, 2016. Shares negotiated April 28th, 2016, including, onwards, will not be entitled to the dividends mentioned herein.

To access the entire Notice to the Market in PDF format, click here.

São Paulo, June 23, 2016.

Christophe José Hidalgo
Investor Relations Office