CARREFOUR: management transactions · France · AMF

About CARREFOUR

Carrefour is one of the world’s leading food retail and convenience distribution groups, listed in Paris under ISIN FR0000120172. The company was founded in 1959 by the Fournier and Defforey families, and it opened its first hypermarket in Sainte-Geneviève-des-Bois in 1963, a milestone that helped define the modern European hypermarket model. Today, Carrefour operates a multi-format business combining hypermarkets, supermarkets, convenience stores, cash & carry, soft-discount banners and e-commerce, enabling it to serve a broad range of consumer needs. The group also offers related services, including banking, insurance, travel, vehicle rental and parcel pickup/drop-off. Its business model is organized around food retail, non-food categories and value-added services, with a growing emphasis on omnichannel execution. Carrefour.com, marketplace activity, Drive apps, home delivery, express delivery and quick-commerce solutions strengthen the link between physical stores and digital channels. The group also highlights its private-label ranges, certified products, organic offerings and sustainable food initiatives, while maintaining long-term relationships with producers and suppliers across its supply chain. Geographically, Carrefour has a broad international footprint, anchored in France but also highly visible across Europe, Latin America and other markets. At the end of 2024, the group operated 6,083 branded stores in Europe excluding France, while its global network exceeds 15,000 stores in more than 40 countries. This scale gives Carrefour a strong competitive position in mass retail, even as the industry faces persistent margin pressure, changing consumer behavior and the rapid digitization of shopping habits. Carrefour is also notable for its strategic transformation. The company continues to expand convenience retail, develop cash & carry and soft-discount formats, and embed ESG criteria into its operating model. It places emphasis on food transition, diversity and inclusion, and climate-related commitments validated by external benchmarks. Overall, Carrefour combines scale, diversification and digital transition, making it a core reference name in French and European retail.