Carrefour - 2017 Registration Document

3 CORPORATE GOVERNANCE Composition, conditions of preparation and organisation of the Board of Directors' work CARREFOUR | 2017 REGISTRATION DOCUMENT 119 Jean-Laurent Bonnafé Director Born on July 14, 1961. French. Number of Company shares owned: 1,030 Date of appointment to the Board of Directors: July 28, 2008 Date of last renewal: June 15, 2017 Term of office expires: Shareholders’ Meeting called to approve the Financial Statements for the year ending December 31, 2019 Experience and expertise An engineering graduate of École Polytechnique and École des Mines, Jean-Laurent Bonnafé joined the BNP group in 1993 in the Key Accounts Division. After being appointed Head of Strategy and Development in 1997, he oversaw the merger process between BNP and Paribas. In 2002, Jean-Laurent Bonnafé was appointed Head of the BNP Paribas group’s French Retail Banking Division and French Network Manager, and became a member of the BNP Paribas group Executive Committee. On September 1, 2008, he was appointed Deputy Chief Executive Officer in charge of retail banking at the BNP Paribas group. On December 1, 2011, Jean-Laurent Bonnafé was appointed Chief Executive Officer of BNP Paribas. Jean-Laurent Bonnafé brings to the Board of Directors the benefit of his experience as an executive and director of international companies, his knowledge of financial and banking markets, his expertise in equity management and his financial vision of shareholding structures. Other positions held as of December 31, 2017 In France: Chief Executive Officer and Director of BNP Paribas* ● Positions held in the last five years that expired Abroad: Director of BNP Paribas Fortis (Belgium) ● (Expiry of term: 2016) Director of BNL – Banca Nazionale del Lavoro (Italy) ● (Expiry of term: 2014) Director of Erbe SA (Belgium) (Expiry of term: 2013) ● * Listed company. Thierry Breton Independent Director Chairman of the Compensation Committee Born on January 15, 1955. French. Number of Company shares owned: 1,000 Date of appointment to the Board of Directors: July 28, 2008 Date of last renewal: May 17, 2016 Term of office expires: Shareholders’ Meeting called to approve the Financial Statements for the year ending December 31, 2018 Experience and expertise Thierry Breton graduated from École Supérieure d’Électricité (Supelec) in Paris. In 1986, he became Project Manager of the Poitiers Futuroscope theme park. He later served as an advisor to Education Minister René Monory. Thierry Breton also sat on the Poitou-Charentes Regional Council from 1986 to 1992, serving as Vice-Chairman as from 1988. He then joined Bull as Head of Strategy & Development, before being appointed as Deputy Chief Executive Officer. Appointed to Bull’s Board of Directors in February 1996, he was later made Vice-Chairman of the Board of Directors and then Chief Executive Officer of the Bull group. After holding positions as Chairman and Chief Executive Officer of Thomson (1997-2002) and Chairman and Chief Executive Officer of France Telecom (2002-2005). He served as France’s Minister of the Economy, Finance and Industry between February 2005 and May 2007, and taught at Harvard University between 2007 and 2008. In November 2008, he was appointed Chairman and Chief Executive Officer of Atos. Thierry Breton brings to the Board of Directors the benefit of his experience as an executive at major multinationals as well as in the financial sector, in his capacity as former Minister in the fields of finance, and governance which he taught at Harvard (which included a corporate social responsibility component). He also lends his experience in the fields of innovation, R&D and digital transformation in his capacity as Chairman of the French National Association for Research and Technology (ANRT). Other positions held as of December 31, 2017 In France: Chairman and Chief Executive Officer of Atos SE* ● Chairman of the Board of Directors of Wordline* ● Chairman of the ANRT ● Member of the Académie des Technologies ● Abroad: Director of Sonatel* (Senegal) ● Member of the Global Advisory Council of Bank of ● America Merrill Lynch (United States) Director of SATS* (Singapore) ● Positions held in the last five years that expired In France: Chairman of the Board of Directors of Bull SA ● (Expiry of term: 2016) Chief Executive Officer of Atos International SAS ● (Expiry of term: 2014) * Listed company.