Cnova N.V. : Board and Management Changes

CNOVA N.V.
Board and Management Changes

AMSTERDAM, November 22, 2018, 18:15 CET - Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) ("Cnova" or the "Company") announces the appointment today of Mr. Jean-Yves Haagen as Chairman of the Board of Directors (the "Board") as well as the appointment of Mr. Franck-Philippe Georgin as replacement Non-Executive Board member, effective immediately. This follows the resignation of Mr. Antoine Giscard d'Estaing from his position as non-executive director and Chairman on November 22, 2018.

In addition, effective today, the Board has appointed Mr. Gautier Bailly as Chief Financial Officer of the Company, who was also appointed CFO of Cdiscount, replacing Mrs. Amandine Lezy, who becomes Casino Group Deputy CFO.

Biographical information of Mr. Georgin, Mr. Haagen and Mr. Bailly is available at www.cnova.com/en/investor-relations/board-of-directors/; and http://www.cnova.com/en/about-cnova/managing-team/ respectively.

The Company and the Board thank Mr. Giscard d'Estaing and Mrs. Lezy for their contributions to the Company and congratulate Mr. Haagen, Mr. Georgin and Mr. Bailly on their appointments.  

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About Cnova N.V.

Cnova N.V., one of the leading e-Commerce companies in France, serves 8.8 million active customers via its state-of-the-art website, Cdiscount. Cnova N.V.'s product offering provides its clients with a wide variety of very competitively priced goods, fast and customer-convenient delivery options as well as practical and innovative payment solutions. Cnova N.V. is part of Groupe Casino, a global diversified retailer. Cnova N.V.'s news releases are available at www.cnova.com. Information available on, or accessible through, the sites referenced above is not part of this press release.

This press release contains regulated information (gereglementeerde informatie) within the meaning of the Dutch Financial Supervision Act (Wet op het financieel toezicht) which must be made publicly available pursuant to Dutch and French law. This press release is intended for information purposes only.

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