The Board of Directors of Carrefour, during its meeting on January 15, 2014, co-opted as Director Thomas J. Barrack Jr., Chairman, Chief Executive Officer and founder of Colony Capital. He will replace Sébastien Bazin for the remainder of his term until the end of the General Assembly called to approve the accounts for the year ending December 31, 2015. This appointment will be subject to shareholder ratification at Carrefour's next General Assembly.