CNOVA N.V. – Sales Trading Update

AMSTERDAM – July 12, 2023, 21:15 CEST Cnova N.V. (Euronext Paris: CNV; ISIN:
NL0010949392) (“Cnova” or “the Company”), in the context of the conciliation procedure
in which the Company’s controlling shareholder Casino, Guichard-Perrachon S.A.
(“Casino”) is engaged,1 today provides an update on its GMV and net sales achieved in the
second quarter of 20232.
The Company’s GMV and Net sales, as achieved in the second quarter of 2023, amounted
respectively to €668m and €289m, decreasing respectively by -13% and -22% on a likefor-like basis3 in a challenging market environment marked by a still decreasing trend in
Home Equipment categories. In this context, marketplace GMV was resilient, decreasing
by -2% reaching a record-high GMV share of 60% (+8pts vs. 22). All GMV KPIs are
recovering progressively with the second quarter growth above first quarter as
highlighted in the table below.