CNOVA N.V. Appointment of Chairman of the Board

AMSTERDAM, November 17, 2016, 07:45 CET – Cnova N.V. (NASDAQ and Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova” or the “Company”) announces the appointment of Mr. Antoine Giscard d’Estaing as Chairman of the Board of Directors (the “Board”), effective immediately, following the resignation of Mr. Peter Estermann from his position as non‐executive director and Chairman on October 31, 2016. The Board now consists of 9 members.

Biographical information of Mr. Giscard d’Estaing as well as other Board members is available at

The Company and the Board thank Mr. Estermann for his contribution to the Company and congratulate Mr. Giscard d’Estaing on his appointment.