Slide 1: Carrefour Q1 2026
Carrefour Q1 2026 April 22nd, 2026 April 22, 2026 1
Slide 2: Q1 2026 sales - Key highlights
Q1 2026 sales - Key highlights Dynamic Q1 2026 sales Carrefour 2030 operational launch • +2.2% LFL sales in Q1 vs +1.7% in • Improved price competitiveness in Q4 2025 France • Business acceleration in France and • Satisfactory results of first Spain negotiations by Concordis • Brazil resilient in a
Slide 3: Q1 2026 sales
Q1 2026 sales +0.5% +2.2% +0.8% +0.4% €20,979m €21,078m (0.8)% (2.1)% Q1 2025 LFL Expansion & Petrol Calendar Forex Q1 2026 Gross sales M&A Gross sales Q1 2026 April 22, 2026 3
Slide 4: France: sequential acceleration in a solid market
France: sequential acceleration in a solid market LFL ex. petrol o/w legacy o/w ex-Cora YOY % Q1 2026 sales ex. calendar stores & Match Hypermarkets €5,473m +0.8% +0.4% +2.3% -0.1% €11,139m Total sales incl. VAT Supermarkets €3,675m +1.1% +0.9% +3.4% +1.8% Other formats €1,991m +3.4% +3.4% n.a. +8.3
Slide 5: Spain: ongoing solid momentum
Spain: ongoing solid momentum Q1 2026 sales Solid commercial performance, within a €2,806m dynamic market Total sales incl. VAT LFL sales up +3.1%, in sequential acceleration vs Q4 2025 (+2.0% LFL) Food sales up +2.8% LFL, driven by an Like-for-like outstanding performance in fresh products; n
Slide 6: Brazil: resilience in a still challenging environment
Brazil: resilience in a still challenging environment LFL ex. petrol YOY % Q1 2026 sales ex. calendar Atacadão €3,380m -1.0% +0.6% €4,666m Carrefour €994m -2.2% -4.8% Total sales incl. VAT Retail Sam's Club €291m +5.7% +7.0% Like-for-like Still-unfavorable macroeconomic environment, characterized
Slide 7: Other countries: +9.3% LFL
Other countries: +9.3% LFL LFL ex. petrol YOY % Q1 2026 sales ex. calendar Belgium €1,050m +0.8% -0.8% €2,468m Poland €548m -2.9% -2.8% Total sales incl. VAT Argentina €870m +23.6% -16.3% Like-for-like +9.3% Ex-petrol, ex-calendar Belgium: sequential improvement in LFL sales growth (+0.8% in Q1 20
Slide 8: Key takeaways
Key takeaways 1 Sequential topline improvement in France and Spain 2 Resilient business trend in Brazil in a still challenging environment 3 Rapid implementation of Carrefour 2030 initiatives 4 FY 2026 financial targets confirmed Q1 2026 April 22, 2026 8
Slide 9: Appendix
Appendix Q1 2026 April 22, 2026 9
Slide 10: CSR – Q1 achievements
CSR – Q1 achievements Climate / energy policy BRL1bn solar Power Purchase Agreement with Casa dos Ventos (~240 MW of the plant's total capacity will be allocated to Carrefour Brazil, covering 25% of the company's energy needs in the country) Ratings & awards Diversity & inclusion • Score of 77/100 i
Slide 11: Q1 2026 gross sales
Q1 2026 gross sales Change at Change at LFL Organic growth Gross sales current constant ex. petrol ex. petrol (in €m) exch. rates inc. exch. rates inc. ex. calendar ex. calendar petrol petrol France 11,139 +1.4% +0.1% +1.9% +1.9% Hypermarkets 5,473 +0.8% -0.9% -0.1% -0.1% Supermarkets 3,675 +1.1% +0
Slide 12: Q1 2026 technical effects
Q1 2026 technical effects Calendar Petrol Forex France +0.1% +1.7% - Hypermarkets +0.3% +0.6% - Supermarkets -0.0% +1.7% - Others, inc. convenience +0.0% +5.2% - Spain +0.4% -0.3% - Brazil +0.9% +0.2% -0.0% Other countries +0.4% -0.1% -16.2% Belgium +0.4% - - Poland +1.9% +0.4% -0.8% Argentina -0.4%
Slide 13: Stores under banners at end Q1 2026
Stores under banners at end Q1 2026 Cash & Soft (#) Hypermarkets Supermarkets Convenience Sam’s Club Total Carry discount France 321 1,171 5,112 157 32 - 6,793 Spain 204 161 1,183 - 71 - 1,619 Brazil 108 26 142 386 - 58 720 Other countries 213 563 1,305 37 6 - 2,124 Belgium 40 345 311 - - - 696 Pola
Slide 14: DISCLAIMER
DISCLAIMER This presentation contains both historical and forward- looking statements. These forward-looking statements are based on Carrefour management's current views and assumptions. Such statements are not guarantees of future performance of the Group. Actual results or performances may differ