Companhia Brasileira de Distribuição : Notice to the Market -

COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO

Publicly Held Company

Corporate Taxpayer ID (CNPJ/MF). 47.508.411/0001‐56

NOTICE TO THE MARKET

In view of the conclusion of the Exito Group Tender Offer and the imminent migration to the Novo Mercado, highest level of corporate governance segment of B3 S.A. - Brasil, Bolsa, Balcão, GPA hereby announces the following administrative changes, aiming to accelerate the processes and synergies gains in Latin America.

Jorge Faiçal, executive with over 25 years of experience, of which 12 years acting in different positions in the Group, and currently in charge of the commercial and digital areas of the Multivarejo unit will assume responsibility for the entire Multivarejo unit. Faiçal's focus as Multivarejo's President will be to improve operational performance, accelerate the digital transformation and promote the continuous review and adjustments to the portfolio, seeking increased profitability and sales growth. According to Ronaldo Iabrudi, Co-Vice-President of GPA´s Board of Directors, "Faiçal is experienced in all relevant areas of the Multivarejo and now, as unit President, will be able to accelerate the performance improvement taking advantage of both digital and portfolio repositioning strategies, notably in relation to the Extra banner hyper and supermarkets."

Peter Paul Estermann will continue to serve as GPA CEO and will be responsible for the group's operations throughout Latin America. Peter's focus will be the integration of operations across the covered regions, the capture of synergies and to accelerate the platform digital transformation process.

Belmiro Gomes will remain as President of Assaí unit, responsible for the cash and carry operations, focused on expansion and profitability, in line with the store maturation process.

This structure will assure the improvement of Latin American operations performance and integration. According to Jean Charles Naouri, Chairman and CEO of the Casino Group, "this organization will accelerate capture of synergy gains by the group, increasing the expectation of economic gains with the integration of Exito's operations."

São Paulo, January 14, 2020.

Isabela Cadenassi

Investor Relations Officer