Dividend

At the Annual General Meeting held today, Carrefour's shareholders approved the proposed €0.70 per share dividend for the 2016 financial year and decided to offer shareholders an option to receive the dividend payment in shares.

The issue price of the new shares to be issued in consideration for the dividend has been set at €20.15. This issue price represents 90% of the average opening prices quoted on the regulated market of Euronext Paris during the 20 trading days preceding the date of the Annual General Meeting, less the amount of the dividend, and rounded upward to the nearest euro cent.

The dividend ex-date is set on June 21, 2017. The shareholders may opt for the dividend payment in cash or in new shares from June 21, 2017 to July 4, 2017 included, by sending their request to their financial intermediaries. For the shareholders who have not exercised their dividend payment option by July 4, 2017, the dividend shall only be paid in cash.

Payout of 51% of adjusted net income, Group share.