Almacenes Exito Adheres to Colombia's Best Corporate Practices Code

Almacenes Exito has submitted a report to its shareholders and the market detailing its implementation of best corporate practices for 2024. The company has adhered to Colombia's Best Corporate Practices Code, focusing on equitable treatment for all shareholders, transparency, and fair communication. By following these practices, Almacenes Exito aims to maintain its industry standing and foster trust among its stakeholders.

Almacenes Exito, Colombia's leading retailer, has solidified its commitment to transparency, fairness, and equitable treatment by submitting its Implementation of Best Corporate Practices Report 2023 to the Financial Superintendence of Colombia [1]. This report, available on the company's website [1], aligns with Colombia's Best Corporate Practices Code and demonstrates Almacenes Exito's dedication to maintaining its industry standing and fostering trust among stakeholders.

The submission of this report marks a significant milestone for Almacenes Exito, as it continues to prioritize corporate governance and transparency. According to a recent announcement, the company also disclosed its periodic report for the third quarter of 2024 to the Financial Superintendence of Colombia [3]. This disclosure, in accordance with Decree 151 of 2021 and external circulars 031 of 2021 and 012 of 2022, ensures that investors and the public have access to timely and accurate financial information.

Almacenes Exito's commitment to best corporate practices extends beyond Colombia. The company has also released its 2023 annual report to Brazil's Securities and Exchange Commission (CVM) [2], making it publicly accessible on the CVM's website. This disclosure is crucial for maintaining the company's listing on the Nasdaq Stock Market and ensuring that investors have access to comprehensive financial information.

In addition to its regulatory disclosures, Almacenes Exito's consolidated financial statements for the third quarter of 2024 demonstrate the company's financial performance [4]. These statements provide investors with a clear understanding of the company's financial position and performance, further enhancing its commitment to transparency.

Overall, Almacenes Exito's submission of its Implementation of Best Corporate Practices Report 2023 and its ongoing commitment to transparency and disclosure demonstrate the company's dedication to maintaining its reputation as a responsible and trustworthy corporate citizen.

[1] Almacenes Éxito S.A. (2024). Implementation of Best Corporate Practices Report 2023. Retrieved from https://www.grupoexito.com.co/es/Country-code-survey-2023.pdf
[2] Nasdaq. (2024). Almacenes Exito SA Sponsored ADR (EXTO) Releases 2023 Annual Report. Retrieved from https://www.nasdaq.com/articles/almacenes-exito-files-2023-annual-report
[3] MarketScreener. (2024). Almacenes Exito S.A. DISCLOSURE OF THE QUARTERLY PERIODIC REPORT Form 6-K. Retrieved from https://www.marketscreener.com/quote/stock/ALMACENES-EXITO-S-A-9059185/news/Almacenes-Exito-S-A-DISCLOSURE-OF-THE-QUARTERLY-PERIODIC-REPORT-Form-6-K-48377722/
[4] MarketScreener. (2024). Almacenes Éxito S.A. Interim consolidated financial statements. Retrieved from https://www.marketscreener.com/quote/stock/ALMACENES-EXITO-S-A-9059185/news/Almacenes-Exito-S-A-Consolidated-Financial-Statements-3Q2024-48343492/