Casino Group

Successful implementation of Casino Group’s financial restructuring

Successful implementation of Casino Group’s financial restructuring

Paris, 28 March 2024

Casino, Guichard-Perrachon ("Casino") announces the effective completion of its financial restructuring.

All the transactions provided for in Casino's accelerated safeguard plan approved by the Paris Commercial Court on 26 February 2024 (the "Accelerated Safeguard Plan") and the accelerated safeguard plans of its concerned subsidiaries¹ approved by the Paris Commercial Court on 26 February 2024, have been implemented on 27 March 2024.

As a result of these transactions, Casino's share capital is comprised of 37,304,080,735 shares, representing 37,351,145,246 theoretical voting rights.

Thus, Mr. Philippe Palazzi acknowledged that the Effective Restructuring Date (as this term is defined in the Accelerated Safeguard Plan) occurred on 27 March 2024.

The completion of Casino’s financial restructuring resulted in a change of control of Casino group (the "Group") to France Retail Holdings S.à.r.l. (an entity ultimately controlled by Mr. Daniel Křetínský).

Effective completion of the financial restructuring

All transactions provided for in the Accelerated Safeguard Plan have been completed, in particular the capital transactions described in the press release published by Casino on 25 March 2024.

Trading in Casino shares, which has been suspended since market close on 26 March 2024, will resume this morning at market opening.

Composition of Casino’s board of directors

The new board of directors of Casino (the "Board of Directors") is now composed as follows:

• Mr. Laurent Pietraszewski: chairman of the Board of Directors;
• Mr. Philippe Palazzi: director and chief executive officer;
• Ms. Nathalie Andrieux, Ms. Elisabeth Sandager, Ms.Athina Onassis, Mr. Pascal Clouzard and Mr. Branislav Miškovič: directors; and
• Mr. Thomas Piquemal, Mr. Thomas Doerane and Mr. Martin Plavec: censors (censeurs).

Mr. Thomas Doerane, censor appointed on the proposal of Trinity Investments Designated Activity Company, whose management company is Attestor Limited, has today informed Casino of his decision to temporarily renounce, with immediate effect from his appointment and until further notice, his position as censor on the Board of Directors of Casino and on its Strategic Committee, in order to prevent Trinity, Attestor, their affiliates and/or representatives from holding insider information concerning the Group.