1. COMPANY SNIPPETS.............. 1

2. MAJOR PRODUCTS AND SERVICES..............2

3. SALES DATA.............. 3 Table 1: Eurocash S.A.’s Sales by Business Segment (2013-2014) in Percentage for Independent Clients, Active Distribution Tradis Group, Integrated Clients and Others 3

4. MARKET OVERVIEW.............. 4 Grocery Retailing.............. 4 Table 2: Grocery Retail Market in Brazil (2014) in US$ Million 4 Table 3: Grocery Retail Market in China (2014) in US$ Million 5 Table 4: Grocery Retail Market by Channel in China (2014) - Percentage Share Breakdown by Value for Modern Channel, and Others.............. 6

Table 5: Small Grocery Retailer Market by Type in China (2014) - Percentage Breakdown by Value Sales for Convenience Stores, Forecourt Retailers, and Independent Small Grocers 7

Table 6: Modern Grocery Retail Market by Channel in China (2015) - Percentage Share Breakdown by Value for Convenience Stores, Hypermarkets, and Supermarkets 8 Table 7: Grocery Retail Market in France (2014) in US$ Million 9 Table 8: Grocery Retail Market in Germany (2014) in US$ Million 10 Table 9: Grocery Retail Market in India (2014) in US$ Million 11 Table 10: Grocery Retail Market in Italy (2014) in US$ Million 12 Table 11: Grocery Retail Market by Type in Italy (2015) - Percentage Share Breakdown by Value for Hyper Markets, Super Markets, and Small Stores and Others 13 Table 12: Grocery Retail Market in Poland (2014) in US$ Million 14 Table 13: Grocery Retail Market in Russia (2014) in US$ Million 15 Table 14: Grocery Retail Market by Type in Spain (2015) - Percentage Share Breakdown by Value for Hyper Markets, Super Markets, and Small Stores and Others 16 Table 15: Grocery Retail Market in Turkey (2014) in US$ Million 17 Table 16: Grocery Retail Market by Type in United Arab Emirates (2015) - Percentage Share Breakdown by Value for Hyper Markets, Super Markets, and Small Stores and Others 18 Table 17: Grocery Retail Market in the UK (2014) in US$ Million 19 Table 18: Grocery Retail Market by Type in the UK (2015) - Percentage Share Breakdown by Value for Hyper Markets, Super Markets, and Small Stores and Others 20 Beverages Retailing.............. 21 Table 19: Liquid Refreshment Beverages (LRBs) Market by Region Worldwide (2014) - Percentage Share Breakdown by Retail Sales for US and Others..............21

Table 20: Non-Alcoholic Beverage Market in Angola (2014) - Percentage Share Breakdown by Retail Value Sales for Carbonated Soft Drink, Dairy Products, Juice, Sports Drink, and Water.............. 22 Table 21: Drinking Milk Products Retail Sales in Indonesia (2014) in Indonesian Rupee Billion 23 Table 22: Alcoholic Beverages Retail Sales by Category in the US (2014) - Percentage Market Share Breakdown by Volume for Beer, Spirits and Wine..............24

Table 23: Children’s Beverages Sales through Channel in the US (2014) - Percentage Share Breakdown by Value Sales for Convenience, Drug, Grocery and Mass Retailers 25

Table 24: Organic Food and Beverages Market by Distribution Channel in the US (2014) - Percentage Share Breakdown by Value Sales for Mass Market Retailers, Natural Retailers and Others.............. 26 Food Retailing.............. 27 Table 25: Food Retail Market by Channel in Russia (2014) - Percentage Share Breakdown by Value Sales for Convenient Stores, Discounters, Hypermarkets, Supermarkets, and Others 27 Table 26: Retail Market by Segment in Russia (2014) - Percentage Share Breakdown by Value for Food, and Others 28 Table 27: Natural Products Food Market by Channel in the US (2015) - Percentage Share Breakdown by Value for Conventional Retailers, MLM, Natural Products Retailers and Others 29

Table 28: Food Retail Sales by Channel in the US (2015) - Percentage Share Breakdown by Value for Club, Convenience, Super Market, and Others..............30

Table 29: Food Retail Market by Channel in the US (2015) - Percentage Share Breakdown by Value for Convenience, Super Market and Others.............. 31 Table 30: Pasta Retail Sales in Indonesia (2014) in Indonesian Rupee Million..............32 Tobacco Retailing.............. 33 Table 31: Global Tobacco Retail Market (2014) in US$ Billion 33 Table 32: Tobacco Market by Region Worldwide (2014) - Percentage Share Breakdown by Retail Sales America, Middle East and Africa, North America, and Western Europe 34 Sauces, Dressings and Condiments Retailing 35 Table 33: Sauces, Dressings and Condiments Retail Sales in Indonesia (2014) in Indonesian Rupee Billion 35 Snacks Retailing.............. 36 Table 34: Sweet and Savory Snacks Retail Sales in Indonesia (2014) in Indonesian Rupee Billion 36

5. COMPETITIVE LANDSCAPE.............. 37 Grocery Retailing.............. 37 Table 35: Grocery and Retail Distribution Market by Company in Germany (2014) - Percentage Share Breakdown by Value for Aldi, Edeka Group, Lidl & Schwarz, Real, Rewe Group, and Others.............. 37

Table 36: Grocery and Retail Distribution Market by Company in China (2014) - Percentage Share Breakdown by Value for Auchan China, Carrefour, Lianhua, Walmart China, Wu Mart, and Others.............. 38

Table 37: Grocery and Retail Distribution Market by Company in the UK (2014) - Percentage Share Breakdown by Value for Asda Stores Limited, Co-operative, J Sainsbury Plc, Morrison Supermarkets Plc, Tesco Plc, and Others 39 Fast Moving Consumer Goods (FMCG) Distributors 40 Table 38: Market Shares of Leading Fast Moving Consumer Goods Distributors in Poland (2015) - Percentage Breakdown by Value for Eurocash S.A.+ Tradis, MAKRO Cash and Carry Polska S.A., Lekkerland Polska S.A. and Others..............40 Retailers and Wholesalers..............41 Table 39: Market Shares of Leading Retailers and Wholesalers in Poland (2015) - Percentage Share Breakdown by Value for Carrefour S.A., Eurocash S.A., Jerónimo Martins SGPS, S.A., Metro Group, Tesco Plc, and Others 41 Chocolate Confectionery Retailers 42 Table 40: Market Shares of Leading Chocolate Confectionery Manufacturers by Retail Sales in Argentina (2014) - Percentage Breakdown for Ferrero S.p.A., Grupo Arcor, Kraft Foods Group, Inc., and Others..............42

Table 41: Market Shares of Leading Chocolate Confectionery Manufacturers by Retail Sales in Australia (2014) - Percentage Breakdown for Ferrero S.p.A., Kraft Foods Group, Inc., Lindt & Sprüngli AG, Mars, Inc., Nestlé SA, Private Label, and Others.............. 43

Table 42: Market Shares of Leading Chocolate Confectionery Manufacturers by Retail Sales in Italy (2014) - Percentage Breakdown for Ferrero S.p.A., Kraft Foods Group, Inc., Lindt & Sprüngli AG, Mars, Inc., Nestlé SA, Private Label, and Others.............. 44

Table 43: Market Shares of Leading Chocolate Confectionery Manufacturers by Retail Sales in Poland (2014) - Percentage Breakdown for Ferrero S.p.A., Kraft Foods Group, Inc., Lindt & Sprüngli AG, Lotte Co., Ltd., Mars, Inc., Nestlé SA, Private Label, and Others..............45

Table 44: Market Shares of Leading Chocolate Confectionery Manufacturers by Retail Sales in the UK (2014) - Percentage Breakdown for Kraft Foods Group, Inc., Mars, Inc., Nestlé SA, Private Label, and Others..............46 Food Retailers.............. 47 Table 45: Market Shares of Leading Food Retailers by Value Sales in Australia (2014) - Percentage Breakdown for ALDI, Australian United Retailers Limited, Coles Supermarkets, Franklins & Family Supermarkets, IGA, SPAR, Woolworths Supermarkets, and Others..............47

Table 46: Market Shares of Leading Food Retailers in Turkey (2015) - Percentage Breakdown by Value for BirlesikMagazalar AS (BIM), Carrefour, METRO Cash & Carry, Migros and Others 48 Yoghurt and Sour Milk Drinks Retailers 49 Table 47: Market Shares of Leading Yoghurt and Sour Milk Drinks Retailers in North America (2015) - Percentage Breakdown by Value for Agro Farma, Inc., Danone Group S.A, Dean Foods, Parmalat SpA, Sodiaal S.A, and Others 49

Table 48: Market Shares of Leading Yoghurt and Sour Milk Drinks Retailers in Western Europe (2015) - Percentage Breakdown by Value for Arla Foods, Danone Group S.A, Molkerei Alois Müller GmbH & Co. KG, Nestlé S.A, Sodiaal S.A, and Others.............. 50

Table 49: Market Shares of Leading Yoghurt and Sour Milk Drinks Retailers in Eastern Europe (2015) - Percentage Breakdown by Value for Danone Group S.A, Wimm-BD, Royal FrieslandCampina N.V, Zott SE & Co. KG, and Others 51

Table 50: Market Shares of Leading Yoghurt and Sour Milk Drinks Retailers in Asia (2015) - Percentage Breakdown by Value for China Mengniu Dairy Company Limited, Danone Group S.A, Meiji Dairies Corporation, Yakult and Others 52

Table 51: Market Shares of Leading Yoghurt and Sour Milk Drinks Retailers in Latin America (2015) - Percentage Breakdown by Value for Alpina Productos Alimenticios S.A, Brasil Foods S.A, Danone Group S.A, Sodiaal S.A, Yakult and Others.............. 53

Table 52: Market Shares of Leading Yoghurt and Sour Milk Drinks Retailers in Africa and Middle East (2015) - Percentage Breakdown by Value for Almarai, Choopan Dairy Co, Danone Group S.A, Pegah Golpayegan Dairy Company, Solico Group and Others.............. 54

6. RECENT INDUSTRY DEVELOPMENT..............55