Carrefour - 2017 Registration Document

CORPORATE GOVERNANCE Composition, conditions of preparation and organisation of the Board of Directors' work 2017 REGISTRATION DOCUMENT | CARREFOUR 3. 118 Bernard Arnault Director Born on March 5, 1949. French. Number of Company shares owned: 1,000 Date of appointment to the Board of Directors: July 28, 2008 Date of last renewal: June 15, 2017 Term of office expires: Shareholders’ Meeting called to approve the Financial Statements for the year ending December 31, 2019 Experience and expertise Bernard Arnault began his career as an engineer at Ferret-Savinel. In 1974, he became the company’s Head of Construction, and then Chief Executive Officer in 1977 and finally Chairman and Chief Executive Officer in 1978. He remained there until 1984, when he became Chairman and Chief Executive Officer of Financière Agache and Christian Dior. He embarked on the restructuring of the Financière Agache group as part of a development strategy based on prestige brands, making Christian Dior the cornerstone of the organisation. In 1989, he became the majority shareholder of LVMH Moët Hennessy-Louis Vuitton, thus creating the first global luxury group. He became its Chairman in January 1989. Bernard Arnault brings to the Board of Directors the benefit of his experience as an executive and director of international and listed companies and his knowledge of digital transformation and innovation. Other positions held as of December 31, 2017 In France: Chairman and Chief Executive Officer of LVMH Moët ● Hennessy-Louis Vuitton (SE)* Chairman of the Management Board of Groupe Arnault SEDCS ● Chairman of the Board of Directors of Christian Dior (SE)* ● Chairman of the Board of Directors of Fondation Louis ● Vuitton (corporate foundation) Director of Christian Dior Couture (SA) ● Chairman of the Board of Directors of Château Cheval ● Blanc (SC) Member of the Supervisory Committee of Financière ● Jean Goujon (SAS) Abroad: Director of LVMH Moët Hennessy-Louis Vuitton Inc. ● (United States) Director of LVMH Moët Hennessy-Louis Vuitton Japan KK ● (Japan) Director of LVMH Services Limited (United Kingdom) ● Positions held in the last five years that expired In France: Chief Executive Officer of Christian Dior SE* ● (Expiry of term: 2015) Chairman of Groupe Arnault SAS (Expiry of term: 2015) ● Abroad: Director of LVMH International SA (Belgium) (Expiry of term: 2015) ● * Listed company. Nicolas Bazire Director Member of the Appointments Committee, Accounts Committee and Strategic Committee Born on July 13, 1957. French. Number of Company shares owned: 1,000 Date of appointment to the Board of Directors: July 28, 2008 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 Nicolas Bazire became Chief of Staff to French Prime Minister Édouard Balladur in 1993. He served as Managing Partner at Rothschild & Cie Banque from 1995 to 1999. Since 1999 he has served as Chief Executive Officer of Groupe Arnault SEDCS. Nicolas Bazire brings to the Board of Directors the benefit of his experience as a director of major multinationals and executive of listed companies, in addition to his expertise in the banking and financial sectors. Other positions held as of December 31, 2017 In France: Chief Executive Officer of Groupe Arnault SEDCS ● Director of LVMH Moët Hennessy-Louis Vuitton (SE)* ● Director, member of the Performance Audit Committee ● and member of the Nominations and Compensation Committee of Christian Dior (SE)* Director and Chairman of the Appointments and ● Compensation Committee of Atos SE* Director and member of the Audit and Accounts ● Committee, the Appointments Committee, the Governance Committee and the Strategic Committee of Suez SA* Director and member of the Compensation Committee of ● LV group (SA) Director of Agache Développement SA ● Director of Europatweb SA ● Deputy Chief Executive Officer and permanent ● representative of Groupe Arnault, Director of Financière Agache SA Director and member of the Compensation Committee of ● Groupe Les Échos SA Vice-Chairman of the Supervisory Board and member of ● the Appointments Committee of Les Échos SAS Member of the Supervisory Committee of Montaigne ● Finance SAS Deputy Chief Executive Officer (Non-Director) ● and permanent representative of Groupe Arnault, Director of Semyrhamis SA Director of Fondation Louis Vuitton (corporate foundation) ● Permanent representative of UFIPAR, Director of Louis ● Vuitton Malletier (SA) Permanent representative of Montaigne Finance, Director ● of GA Placements SA Abroad: Permanent representative of UFIPAR, Director and ● Rapporteur (external examiner) for the Finance and Audit Committee of Société des Bains de Mer de Monaco SA* (Monaco) Positions held in the last five years that expired In France: Director of Financière Agache Private Equity SA ● (Expiry of term: 2015) * Listed company.