Carrefour - 2017 Registration Document

3 CORPORATE GOVERNANCE Composition, conditions of preparation and organisation of the Board of Directors' work CARREFOUR | 2017 REGISTRATION DOCUMENT 121 Charles Edelstenne Independent Director Member of the Compensation Committee Born on January 9, 1938. French. Number of Company shares owned : 1,157 Date of appointment to the Board of Directors : July 28, 2008 Date of last renewal : May 17, 2016 Term of office expires : Shareholders’ Meeting called to approve the financial statements for the year ending December 31, 2018 Experience and expertise A qualified chartered accountant (IFEC graduate), Charles Edelstenne joined Dassault Aviation in 1960 as Head of the Financial Analysis Unit. He went on to hold posts such as Deputy Secretary General, Secretary General and Executive Deputy Chairman, Economic and Financial Affairs, before being appointed to the Board in 1989. He was elected as Chairman and Chief Executive Officer in 2000, a combined role he held until January 8, 2013. Founder, Chief Executive Officer and current Chairman of the Board of Directors of Dassault Systèmes SE. Charles Edelstenne brings to the Board of Directors the benefit of his experience as an executive and director of multinationals and listed companies as well as his expertise in finance and his knowledge of digital transformation and innovation. Other positions held as of December 31, 2017 In France: Director and Honorary President of Dassault Aviation SA* ● Chairman of the Board of Directors of Dassault ● Systèmes SE* Honorary President of GIFAS (Groupement des Industries ● Françaises Aéronautiques et Spatiales) Chief Executive Officer and member of the Supervisory Board ● of GIMD SAS (Groupe Industriel Marcel Dassault SAS) Director of Sogitec Industries SA ● Director of Thales SA* ● Director of Dassault Médias SA ● Director of Groupe Figaro Benchmark SASU ● Manager of ARIE civil partnership ● Manager of ARIE 2 civil partnership ● Manager of NILI civil partnership ● Manager of NILI 2 civil partnership ● Director of Monceau Dumas ● Abroad: Director of SABCA* (Société Anonyme Belge de ● Constructions Aéronautiques) (Belgium) Director of Dassault Falcon Jet Corporation (United States) ● Director of Banque Lepercq de Neuflize & Co., Inc. (United ● States) Positions held in the last five years that expired In France: Chairman and Chief Executive Officer of Dassault ● Aviation SA* (Expiry of term: 2013) Abroad: Chairman of Dassault Falcon Jet Corporation ● (United States) (Expiry of term: 2013) Chairman of Dassault International Inc. (United States) ● (Expiry of term: 2013) * Listed company. Thierry Faraut Director representing employees Born on May 15, 1970. French. Date of designation by the Group Committee: November 23, 2017 Date of integration to the Board of Directors : January 17, 2018 Term of office expires: Shareholders’ Meeting called to approve the Financial Statements for the year ending December 31, 2019 Experience and expertise Thierry Faraut joined the Carrefour group in 1996. After two years as an intern, he became a butchery department manager, first in Lyon, then in Marseille. In 2003, he was named central trade union delegate for Continent France and later for Carrefour Hypermarkets in 2006. In 2010, he oversaw the French national trade union of Carrefour managers (Syndicat National de l’Encadrement Carrefour – SNEC) and became trade union delegate for Carrefour group. He was elected Vice-Chairman of the Distribution Division of the French federation of management trade unions (Fédération CFE-CGC) for the food industry in 2011. With SNEC, he participated in partnerships with Carrefour and humanitarian organisations working on behalf of underprivileged children in Senegal and Benin. In addition, he was a member of the Group Committee (Comité de Groupe français Carrefour). Thierry Faraut brings to the Board of Directors the benefit of his experience working directly with customers, his precise knowledge of the Group’s store formats and markets and his overall understanding of the mass retail industry. His vision, which takes into account both economic and labour issues, has been shaped by his experience working with trade unions. Other positions held as of December 31, 2017 None ● Positions held in the last five years that expired In France: Group delegate for SNEC CFE-CGC ● (Expiry of term: November 2017) Trade union representative for SNEC CFE-CGC on the ● Group Committee (Expiry of term: November 2017)