CNOVA N.V. Ordinary Share Issue

Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) announces that it is today issuing 703,350 ordinary shares pursuant to obligations emanating from Cnova’s long term incentive plan.

Details about this plan are provided in Note 18 to Cnova’s 2017 Annual Report, a copy of which can be obtained at http://www.cnova.com/en/wp-content/uploads/sites/2/2018/03/2017-DAR_VF.pdf.

Following this issue, Cnova’s share capital will be comprised of 345,210,398 ordinary shares and 308,937,115 special voting shares.