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16 2014 Registration Document

Presentation of the Group

1

History

1.6

History

1959

The Carrefour supermarket company is set up by the Fournier, Badin and Defforey families who run a discount

supermarket in Annecy.

1963

The first French hypermarket is opened in Sainte-Geneviève-des-Bois (Essonne).

1970

Carrefour is listed on the French Stock Exchange.

1973

The Group begins operating in Spain.

1975

The Group begins operating in Brazil.

1982

The Group begins operating in Argentina.

1989

Carrefour establishes a foothold in the United States and in Taiwan.

1993

The Group begins operating in Italy and Turkey.

1994

Carrefour acquires a majority stake in Picard Surgelés.

A joint company is set up with a Chinese partner in order to develop supermarket/hypermarket business activities

in Shanghai and Beijing.

1996

Carrefour acquires a 42% stake in GMB, which controls the Cora group.

1997

Guyenne & Gascogne, Coop Atlantique and the Chareton group enter into an agreement with Carrefour:

their 16 hypermarkets are converted to the Carrefour banner in 1998, and these groups retain management

of their own stores.

The Group begins operating in Poland.

1998

Carrefour issues a friendly takeover bid/tender offer for Comptoirs Modernes in October.

1999

Carrefour launches a friendly public echange for Promodès.

2000

The European Commission approves the merger of Carrefour and Promodès, creating the world’s 2

nd

-largest retailer.

Following the merger between Carrefour and Promodès, 7 hypermarkets and 14 supermarkets are disposed

of in France at the end of 2000.

The first Carrefour hypermarket opens in Japan.

2001

Carrefour disposes of its 73.89% stake in Picard Surgelés.

Carrefour takes over management of its Norte subsidiary (139 supermarkets) in Argentina.

Carrefour disposes of its 42% stake in Cora.

The Group begins operating in Romania.

2002

The Group speeds up roll-out of the Carrefour banner at international level.

2003

Paul-Louis Halley, one of the founders of Promodès, is killed in a plane crash.

2004

Strong organic growth: 914 new stores created, including 793 abroad.

2005

Disposal of hypermarkets in Mexico and Japan.

Carrefour increases its stake in Hyparlo.

Carrefour acquires Penny Market from German group Rewe and sells Prodirest, its collective catering subsidiary.

2006

Withdrawal from Korea, the Czech Republic and Slovakia.

Incorporation of Hyparlo in France.

Acquisition of Ahold Polska in Poland.

2007

Acquisition of Atacadão in Brazil.

Sale of operations in Slovakia.

Acquisition of Plus stores in Spain.

Sale of Portuguese hypermarkets.

Sale of operations in Switzerland.

Acquisition of Artima in Roumania.

2008

Acquisition of Alfa Retail Indo in Indonesia.

Roll-out of the Carrefour Market banner in France.

Renewal of the partnership with Guyenne & Gascogne.

2010

Withdrawal from Thailand (with effect from 2011).

Acquisition of a 51% stake in Baolongcang, China.

Acquisition of the Ipek supermarket chain in Turkey.

Creation of a partnership with CT Corp in Indonesia.

2011

Spin-off of Dia SA.