CNOVA N.V. – First quarter 2023 activity

In a still challenging market where Cnova accelerated its shift towards marketplace, GMV stands at -15% like-for-like1, improving compared to Q4 (-16%). April current trading2 shows significant improvements compared to 1Q23: Marketplace back to growth at +5% (+9pts vs. 1Q23 y-o-y evolution) and Product GMV standing at -10% (+10pts vs. 1Q23 y-o-y evolution).