Notice to the Market

Companhia Brasileira de Distribuição (“Company”), with the purpose of keeping the market properly informed and in view of the news recently published by the press, informs that the Board of Directors unanimously approved, on a confidential and strategic basis, the Company’s Retention Plan (“Plan”), in accordance with the recommendation, also unanimous, of the members of the Human Resources and Remuneration Committee.

The Plan defines as potential eligible executives to be defined opportunely. As soon as possible and at an opportune moment, the Company will disclose the Plan, in compliance with the applicable regulation, by means of (i) the Company’s Reference Form; (ii) the quarterly and annual Financial Statements, including the Explanatory Notes; and (iii) the management remuneration proposal, to be submitted to shareholders’ approval in a general shareholders’ meeting.