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Outlook

Cdiscount is working to improve its market positions as well as reinforce and develop its customer offer and service enhancements

through:

The expansion of CDAV offers (number of available product offerings, promotional events, private sales) and client base

with a targeted growth of high double digit;

Increased product assortment variety and expansion of the home furnishings category;

Continuous, accelerated increase of marketplace vendors’ quality and quantity;

Acceleration of marketplace profitability (take rate through additional services offered to vendors) and fulfillment services;

Growth and development of innovative financial and other services;

Further improvement of customer satisfaction and service levels on Cdiscount’s site and app.

***

NASDAQ Delisting

The Company filed Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on February 21, 2017, to initiate

voluntary delisting of its ordinary shares, par value €0.05 per share (the “ordinary shares”), from the NASDAQ and to terminate the

registration of the ordinary shares under Section 12(b) of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange

Act”). Delisting of the ordinary shares from the NASDAQ is expected to become effective on March 3, 2017. The Company also

intends to file a Form 15 with the SEC on or about March 3, 2017, to suspend its U.S. public reporting obligations under the Exchange

Act.

The Company’s ordinary shares will continue to be listed on the Euronext Paris for the time being.

***

About Cnova N.V.

Cnova N.V., one of the leading e-Commerce companies in France, serves 8.2 million active customers via its state-of-the-art website,

Cdiscount. Cnova N.V.’s product offering of more than 20 million items provides its clients with a wide variety of very competitively

priced goods, several fast and customer-convenient delivery options as well as practical payment solutions. Cnova N.V. is part of

Groupe Casino, a global diversified retailer. Cnova N.V.’s news releases are available at 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.

Forward-Looking Statements

This press release contains forward-looking statements. Such forward-looking statements may generally be identified by words like

“anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,”

“project,” “future,” “will,” “seek” and similar terms or phrases. Examples of forward-looking statements include, but are not

limited to, statements made regarding the possibility, timing and other terms and conditions of the proposed transaction and the

related offer by Cnova’s controlling shareholder Casino for the outstanding shares of Cnova. The forward-looking statements

contained in this press release are based on management’s current expectations, which are subject to uncertainty, risks and changes

in circumstances that are difficult to predict and many of which are outside of Cnova’s control. Important factors that could cause

Cnova’s actual results to differ materially from those indicated in the forward-looking statements include, among others: the effect of

the reorganization between Cnova Brazil, Via Varejo and Cnova on the ability of Cnova to retain and hire key personnel, maintain

relationships with its customers and suppliers, and maintain its operating results and business generally; the outcome of any legal

proceedings that may be instituted against Cnova and others relating to the reorganization between Cnova Brazil, Via Varejo and

Cnova; changes in global, national, regional or local economic, business, competitive, market or regulatory conditions; and other

factors discussed under the heading “Risk Factors” in the U.S. Annual Report on Form 20-F for the year ended December 31, 2015,

filed with the SEC on July 22, 2016, and other documents filed with or furnished to the SEC. Any forward-looking statements made in

this press release speak only as of the date hereof. Factors or events that could cause Cnova’s actual results to differ from the

statements contained herein may emerge from time to time, and it is not possible for Cnova to predict all of them. Except as required

by law, Cnova undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information,

future developments or otherwise.

***

Cnova Investor Relations Contact:

Media Contact:

Cnova N.V.

Head of Investor Relations

Head of Communications

+31 20 795 06 71

+ 31 20 795 06 76

Form 6-K - Report Of Foreign Private Issuer - District Of Columbia Securities And Exchange Commission - 2017 Page 8

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