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Notice to the Market

São Paulo, November, 26th 2018 - Via Varejo, a company controlled by the GPA and which operates the Casas Bahia, Pontofrio and Bartira brands, concluded today the migration of its shares to the B3 Novo Mercado. Companies listed in this segment, which represents the highest level of corporate governance, can only have their capital stock composed of voting shares, so-called common shares (ON).

Launched in 2000, the Novo Mercado has established a highly differentiated corporate governance standard since its inception. From its first listing in 2002 it became the standard of transparency and governance required by investors for new stock listings and is recommended for companies wishing to make large offers targeting any type of investor. Complete information on the characteristics of the Novo Mercado is available on the B3 website (click here).

The arrival of Via Varejo to the New Market takes place just a year after the revision of the regulation of this segment, an extensive work that involved B3, market participants and listed companies. In January 2018, the changes that made the Novo Mercado even more robust came into effect. Via Varejo joins other migrations that have occurred over the last two years, reinforcing this segment, which has consolidated itself as the main showcase of the Brazilian capital market.

"This move puts us on another level from the point of view of corporate governance and level of transparency," said Flavio Dias, CEO of Via Varejo. According to Dias, the new governance standard adopted allows for greater attractiveness for investment. "We hope to reach a new investor base that only invests in companies with the highest level of governance, that is, that are part of the Novo Mercado," concludes the CEO.

About Via Varejo

Via Varejo (VVAR3) is one of the largest electronics retailers in Brazil and in the world, responsible for the administration of the physical stores and e-commerce brands Casas Bahia and Pontofrio, as well as and Founded in 2010 as Globex Utilidades S / A and officially registered with Via Varejo SA in 2012, the company is present in more than 400 Brazilian cities, 20 states and the Federal District, with about 1 thousand physical stores, 26 centers approximately 50,000 employees throughout the country. In 2017, net revenue reached the mark of R $ 25, 6 billion, in addition to a net profit of R $ 195 million in the same period. The company has been listed on B3 since 2013.

About B3

B3 S.A. (B3SA3) is one of the world‘s leading financial market infrastructure companies and one of the largest in market value among the global leaders in the stock market. It connects, develops and enables the financial and capital market and, together with customers and society, boosts Brazil‘s growth. It operates in the stock exchange and over-the-counter environments, as well as offering products and services to the financing chain. With headquarters in São Paulo and offices in London and Shanghai, it plays important roles in the market by promoting best practices in corporate governance, risk management and sustainability.

B3. With the market, for the future.

To access the Notice to the Market in PDF format, click here.

Last Update on November 26, 2018

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