Carrefour — M&A Activity 2023

Apr 27, 2023

Carrefour takes over Cora's activities in Romania

Carrefour announces the signature of an agreement with Louis Delhaize Group for the acquisition of its activities in Romania, including 10 Cora hypermarkets and 8 Cora Urban stores, and nearly 2,400 employees. This transaction will consolidate Carrefour's presence in Romania, with hypermarkets located in prime locations, which will be converted to Carrefour formats and brand.

The transaction is notably subject to the approval of the relevant competition authorities and is expected to be completed by the end of 2023.

Present in Romania since 2001, Carrefour currently operates 43 hypermarkets, 189 supermarkets, 143 convenience stores and 29 soft discount stores in the country.

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