REWE GROUP INSIGHT DECK Growth markets and strategic initiatives MATTHIAS QUECK August 2013 Research Director

All data correct at time of publishing. Contents Introduction Major Strategic Initiatives Key Markets Conclusions & Implications Further Reading All data correct at time of publishing.

1. Introduction

Corporate Structure Full-Range National* Full-Range International 1. Introduction Corporate Structure Germany-based co-operative Rewe Group is one of the leading multi-channel retailers in Europe, with a focus on grocery retailing but also travel and tourism. With its stronghold in Germany and Austria, its foreign operations - consisting mainly of supermarkets and discounters - are spread across Central & Eastern Europe, but also Italy. A member of Coopernic, Rewe Group focuses on organic growth, as well as smaller-sized acquisitions. Full-Range National* Temma Toom Rewe, Rewe City Nahkauf etc. Full-Range International Billa Merkur ADEG, AGM Bipa Discount National* International Penny XXL Mega Discount Specialist Stores (National*) Travel & Tourism Toom BauMarkt ProMarkt ITS, DER, etc. Note: * National refers to Germany

Rewe Group Corporate Management – Management Board 1. Introduction Rewe Group Corporate Management – Management Board Alain Caparros CEO in charge of: Full-range International, Travel and Tourism, HR/HR Development Combine, Auditing Combine, Executive Development, Strategy/Business Development, Legal Affairs and Governance/Compliance Combine, Controlling Combine, Corporate Communication Manfred Esser Member of the Management Board in charge of: Strategic purchasing, Quality assurance, Production, Discount international, Coopernic, Shopper marketing Jan Kunath MD of Penny National, Member of the Management Board in charge of: Discount National (Penny) Lionel Souque MD of Rewe Markt, Member of the Management Board in charge of: Full-Range National Frank Wiemer COO, Member of the Management Board in charge of: Specialist stores national, Logistics, Corporate security Dr Christian Mielsch CFO, Member of the Management Board in charge of: Finance and Business Administration, IT and Investment Property divisions © Rewe Group Note: ‘National’ refers to Germany; photo source: Rewe Group