CNOVA N.V. First Quarter 2018 Activity

Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) today announced unaudited operating data for the quarter ended March 31, 2018.

GMV: €854 million (+13%)

  • Organic growth: 6%
  • Multichannel strategy with Géant contribution: +7%
  • Strong acceleration of monetization revenues: 30% growth

Unique monthly visitors reach the 20 million threshold

Intensification of multichannel strategy

  • Current network of 11 showrooms, with an objective of 20 by end June
  • 25% growth in showroom categories in 1Q18

Ramp-up and enrichment of loyalty programs

  • Cdiscount à Volonté (“CDAV”) share of GMV: 34% (+575 bp)
  • New CDAV package at €29/year including an unlimited press offer
  • Implementation of a daily product subscription offer
  • Launch of Cdiscount Famille loyalty program

Expansion of the marketplace and its service ecosystem

  • Marketplace GMV share: 32.5% (+39 bp)
  • 40 million SKUs (+81% y-o-y)
  • Fulfillment by Cdiscount share: 20% at end March (+9 pts vs 1Q17)
  • Commercial success of Premium Packs

Further democratization of services

  • Cinstallé: success of the installation services covering almost 90k SKUs
  • Instant credit “Coup de Pouce:” dynamic with more than 200 credits/day
  • Launch of long-term leasing on more than 800 SKUs

Reinforcing express delivery leadership

  • Same-day delivery now available in the 6 main French cities