Spin-off - Almacenes Exito S.A.

Form Type: 20-F

Filing Date: 2025-04-30

Corporate Action: Spin-off

Type: New

Accession Number: 000121390025037091

Filing Summary: Almacenes Éxito S.A. has completed a significant spin-off whereby 86.26% of the issued common shares held by Companhia Brasileira de Distribuição (CBD) were distributed to CBD's shareholders, including those holding CBD ADSs. This represented 83.26% of all outstanding shares of Éxito on a pro rata basis and occurred without consideration. The spin-off serves to enhance the operational focus of Éxito independently from CBD.