Carrefour Insight Deck By Gildas Aitamer & Natalie Berg Associate Analyst & Global Research Director August 2012 A Service Contents 1. Introduction 2. Major Strategic Initiatives 3. Key Markets 4. Conclusions & Implications 5. Further Reading 2 All data correct at time of publishing. Introduction 3 1 Introduction Corporate Structure Georges Plassat Chairman, CEO Franchises Europe France Asia Executive Director: Thomas Hübner Executive Director: Noel Prioux Executive Director (China & Taiwan): Thierry Garnier Belgium 4 Turkey Latin America Romania Executive Director: Luiz Fazzio Taiwan Indonesia India Poland Argentina Malaysia Spain Brazil China Italy Colombia Note: Carrefour withdrew from Greece but the management of the franchised operation Carrefour Marinopoulos remains unchanged Singapore Majid Al Futtaim Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Pakistan, Qatar, Saudi Arabia, Syria, UAE Marinopoulos Albania, Bulgaria, Cyprus, Greece Others Dominican Republic, French Guyana, French Polynesia, Martinique, Guadeloupe, New Caledonia, Reunion 1 Introduction Carrefour has a vast network of stores across the world, although it relies heavily on its Western European operations. 5 * Carrefour’s brief operation in Russia is not represented on this map ** Seed operations are the market entries considered by Franchisee Majid-Al-Futtaim Active Sold, closed or withdrawn Seed operation**