Carrefour

Capital/Financing Update • May 2, 2023

Success of a 500 million euros 7.5-year Sustainability-Linked Bond

Carrefour today successfully placed a Sustainability-Linked bond issue, indexed to two objectives linked to greenhouse gas emissions within the framework of the Group's Euro Medium Term Note (EMTN) programme, for a total amount of €500 million.

The main features are as follows:

• Amount: 500 million euros
• Issuer : Carrefour SA
• Maturity and payment: October 2030
• Format: Fixed rate, bullet repayment
• Coupon: 3.75% per annum

This issue was 4 times oversubscribed, demonstrating once again the great confidence of the financial community in the quality of the Carrefour signature. This enabled a rapid placement at favorable conditions.

The 500 million euros raised will be allocated to the financing of the Group's general corporate purposes as well as to the refinancing of its debt.

The bond will benefit from a "BBB" rating from Standard & Poor's.

About the Carrefour Group

With a multi-format network of over 14,000 stores in about 40 countries, the Carrefour Group is one of the world's leading food retailers. Carrefour posted sales of €90.8 billion in 2022. Its integrated store network employs more than 335,000 people who help to make Carrefour the world leader in the food transition for all, by offering quality food every day, accessible everywhere and at a reasonable price. In total, more than 500,000 people work under Carrefour banners worldwide. For more information, visit www.carrefour.com, or find us on Twitter (@news\_carrefour) and LinkedIn (Carrefour).

Contacts

Investor Relations Sébastien Valentin, Anthony Guglielmo, Louise Brun Tel: +33 (0)1 64 50 79 81 Shareholder Relations Tel: 0 805 902 902 (toll-free in France) Group Communications Tel: +33 (0)1 58 47 88 80