Financial Restructuring of Casino Group Results in Change of Control over Cnova

AMSTERDAM – April 2, 2024, 08:15 CET Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) hereby
informs as follows:
On behalf of France Retail Holdings S.à.r.l. (an entity ultimately controlled by Mr. Daniel Křetínský) (“FRH”), it is hereby
announced that pursuant to the completion of the financial restructuring of the Casino group on March 27, 2024
(, FRH has acquired indirectly (via Casino Guichard-Perrachon
S.A.) 99.27% of the voting rights in Cnova, thus acquiring predominant control (overwegende zeggenschap) over Cnova.
FRH is a special purpose vehicle set up by a consortium consisting of EP Equity Investment III S.à.r.l. (“EP”), Fimalac and
Attestor, and is controlled by EP, a company controlled (via EP Equity Investment S.à.r.l and EP Investment S.à.r.l) by
Mr. Daniel Křetínský.