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CAPARBEL

Belgium

CAPARBEL SA was formed in 12-01-2007 and is now one of the leading distributors in Belgium. CAPARBEL SA and as a holding company within the Carrefour Group, owns 3.3 18.025 of the company Carrefour Belgium SA, 1, 424, 000 shares of the company Carrefour Trading Asia Ltd, 5, 633, 000 shares of South Med Investments Limited S4, 22, 166, 788 shares of Carrefour Finance SA. We use a very efficient market penetration strategy for new company through our consumers.

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1 Company