Companhia Brasileira de Distribuicao is a Brazil-based company engaged in the retail sector. The Firm, directly or through its subsidiaries, is engaged in the distribution of food, clothing, home appliances, electronics and other items through its chain of hypermarkets, supermarkets, specialized stores and department stores. The Company’s activities are divided into three segments: Retail, Exito Group and Other Businesses. The Retail segment focuses on the banners Pao de Acucar, Minuto Pao de Acucar, Extra Hiper, Extra Supermercado and Mini Extra, among others. It also includes the operation of gas stations and drugstores. The Exito Group segment consists of the operation of stores in Colombia, Uruguay and Argentina. The Other Businesses segment includes complementary businesses, such as the real estate, credit card, travel, insurance, mobile and money transfer, royalties, financial services, marketing and other services.