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A stronger presence in Turkey

With333 stores at theendof 2014, theSabanci

group continued its rapid local expansion, opening

40newsupermarkets and86convenience stores

during the year.

The dynamism of Morocco and Tunisia

InMorocco, Carrefour’s partner Label’Vie expanded

its networkwith the opening of an 11

th

Atacadão store,

2 hypermarkets inMarrakesh andOujda, and

5 supermarkets. In Tunisia, UHDgroup consolidated

its position by opening10 newstores in the country.

NEARLY

1

,

500

STORES OPERATED

BY CARREFOUR’S

INTERNATIONAL PARTNERS

AT THE END OF 2014

STIMULATE

INTERNATIONAL

GROWTH WITH

OUR PARTNERS

Carrefour continues to expand

abroad and in the French

overseas territories, supporting

its partners in the operation

of its various banners.

This formula promotes dynamic

growth by relying on Group

partners’ in-depth knowledge

of local markets and Carrefour’s

multi-format expertise.

DATA

Partnership

Multi-format

International

Significant growth

in the Middle East

On the strength of its long-standingpartnership

with theMajidAl Futtaimgroup, the store network

expandedwith the opening of 2Carrefour

hypermarkets in theUnitedArabEmirates and

inEgypt, and19Market supermarkets and the first

Carrefour

city

convenience store inDubai.

Growth in the overseas territories

Carrefour continued itsmulti-format expansion in the overseas

territories thanks to franchise agreements withwell-established

local groups. During 2014, theWane group opened its

4

th

Carrefour hypermarket in Papeete, French Polynesia.

Elsewhere, on Réunion island, the Caillé group converted

three stores to the Promocash banner.

13

2014 annual activity and responsible commitment report –