Cnova N.V. announced the appointment on December 21, 2021 of Mr. Steven Geers as replacement executive board member of the company, following the resignation of Mr. Arnaud Strasser as non-executive board member on the same date. Mr. Geers was appointed with a term lasting until the company’s next general meeting of shareholders and will continue to act as the Company’s general counsel. Following these changes, the company’s board of directors will comprise 2 executive and 7 non-executive board members. Steven Geers was appointed as the company’s General Counsel in March 2016, after having joined the Company in March 2015. Mr. Jean-Yves Haagen, the company’s chairman of the board of directors will take over from Mr. Strasser as a member of the company’s nomination and remuneration committee.