Casino Group: Simplification of corporate structure

Paris / FR. (gcfr) French Casino Group envisages to simplify its corporate structure and increase the legibility thereof by regrouping all its food retail entities in France (mainly Franprix, Monoprix, Distribution Casino France, Easydis and AMC) under a single holding company, 100 percent-held by Casino, Guichard-Perrachon. The Group’s financial reporting segments and the management structure would not be modified. The relevant employee representatives’ bodies will be informed and consulted in accordance with applicable legal requirements. Said corporate simplification is expected to complete in 2022.