Tesco Insight Deck By David Gray Retail Analyst June 2012 A Service

2 Contents 1.Introduction 2.Major Strategic Initiatives 3.Key Markets 4.Conclusions 5.Further Reading All data correct at time of publishing.

3 Introduction

4 Corporate Structure Tesco is a UK-based international grocery and general merchandising retail chain with a presence in 15 countries. Although the UK remains the most important in terms of profitability, Tesco is increasingly looking to markets such as China and India to drive future growth. Introduction1 Europe Tesco Kipa Kitle Paza rlama Ticaret ve Gide Sanai A.S¸.(a) Tesco Stores C R a.s. Tesco-Global Stores Privately Held Co. Limited Tesco Polska Sp. Zo.o Tesco Stores S R a.s. USA Fresh & Easy Neighborhood Market Inc UK & Ireland Tesco Ireland Ltd Tesco Stores Ltd Asia Homeplus Co. Ltd Tesco Management (Shanghai) Corporation Ltd Tesco Japan Co. Ltd Tesco Stores (Malaysia) Sdn Bhd Ek-Chai Distribution System Co. Limited Tesco HSC Note: in 2011, Tesco launched a franchised operation in the Middle East.

5 Management Structure Philip Clarke, Tesco’s Group CEO, is also CEO of Tesco’s UK operations for the foreseeable future following the resignation of Richard Brasher. Tesco’s international operations are split into three regions – Asia, USA and Europe (including Turkey). Introduction1 Philip Clarke Group CEO Philip Clarke Group CEO Europe Gordon Fryett CEO USA Tim Mason Deputy CEO and President of Fresh & Easy UK Philip Clarke CEO Asia Trevor Masters CEO Ireland Tony Keohane CEO