Carrefour - 2017 Registration Document

3 CORPORATE GOVERNANCE Composition, conditions of preparation and organisation of the Board of Directors' work CARREFOUR | 2017 REGISTRATION DOCUMENT 123 Diane Labruyère-Cuilleret Independent Director Chair of the CSR Committee and member of the Appointments Committee Born on November 27, 1968. French. Number of Company shares owned: 34,580 Date of appointment to the Board of Directors: June 18, 2012 Date of last renewal: June 11, 2015 Term of office expires: Shareholders’ Meeting called to approve the Financial Statements for the year ended December 31, 2017 Experience and expertise A graduate of HEC Paris, UC Berkeley and the Fondaçao Getulio Vargas in São Paulo, Diane Labruyère-Cuilleret began her career in the French Development Agency managing agro-industrial projects in Portuguese-speaking Africa. She was subsequently hired by the Paridoc central buying office, where she set up its Research and Marketing department. In 1997, she joined Carrefour as Director of Purchasing and Product Marketing. In 2002, she founded the Institut Robin des Bois (Robin Hood Institute) in Geneva, a private foundation that finances projects, primarily in Africa, in healthcare, education and microfinance. In 2007, she joined the family-run business, Labruyère & Eberlé, where she manages the retail food segment and commercial real estate and holds the position of Deputy Chief Executive Officer. Diane Labruyère-Cuilleret brings to the Board of Directors the benefit of her operational experience in the mass retail industry. Other positions held as of December 31, 2017 In France: Deputy Chief Executive Officer of the Labruyere & Eberlé ● group Chair of Société Commerciale de Bioux ● Abroad: Chair of the Institut Robin des Bois (Switzerland) ● Director of Fondation Antenna Technologies (Switzerland) ● Positions held in the last five years that expired In France: Member of the Management Board of the Labruyère & ● Eberlé group (Expiry of term: 2015) Mathilde Lemoine Independent Director Member of the Accounts Committee Born on September 27, 1969. French. Number of Company shares owned: 2,235 Date of appointment to the Board of Directors: May 20, 2011 Date of last renewal: June 11, 2015 Term of office expires: Shareholders’ Meeting called to approve the Financial Statements for the year ended December 31, 2017 Experience and expertise With a PhD in economics, Mathilde Lemoine is an economist specialising in macroeconomic issues and international trade. She started her career as a teacher and researcher and subsequently held the position of Economist and General Secretary of the Observatoire Français des Conjonctures Économiques (OFCE). She later became a member of several ministerial offices and in particular served as macroeconomics and tax advisor at Matignon (2005-2006). She was a rapporteur (external examiner) for the Expert Conference on the Climate and Energy Contribution (2009) and a member of the Commission for the Liberation of Growth, known as the Attali Commission (2010). She participated in a government task force reporting on the competitiveness drivers of French industry, and contributed her expertise on the French economy. She was a member of the Conseil d’Analyse Économique and the Commission Économique de la Nation. From 2006 to 2015 she was Director of Economic Research and Market Strategy at HSBC France and Senior Economist at HSBC Global Research. She is currently Group Chief Economist of Edmond de Rothschild, a Professor at Sciences Po and a member of the High Council of Public Finance (HCFP). In addition, she serves on the Board of Directors of École Normale Supérieure (ENS). Mathilde Lemoine has published numerous books and writes regularly on international macroeconomic issues, monetary policy and financial issues. She recently published work on the investment in human capital, employee mobility and the link between skills and competitiveness. She is a columnist for to the weekly news magazines L’Agefi Hebdo and Challenges. Her latest book is Les grandes questions d’économie et de finance internationales (published by Boeck, 3 rd edition, 2016). Mathilde Lemoine brings to the Board of Directors the benefit of her experience as a director of international organisations, her knowledge of financial markets and her expertise in macroeconomics. Â