Mr. L. Hakim Aouani

L. Hakim Aouani

0001354817 Aouani Hakim 600 CITADEL DRIVE COMMERCE CA 90040 1 0 0 0

At this same meeting, the Corporate Governance Committee reviewed the biography of Mr. L. Hakim Aouani and interviewed Mr. Aouani for appointment to the Board to fulfill the remainder of Mr. Announ's term.
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Upon the recommendation of the Corporate Governance Committee, the Board appointed Mr. Aouani to serve as a director for the remainder of Mr. Announ's term and to replace Mr. Announ as a member of the Corporate Governance Committee.
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Mr. Aouani is also an employee of Groupe Casino.
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As discussed above, Mr. Aouani was appointed to serve on the Board and the Corporate Governance Committee at the Board meeting in February 2006; this is the first time he will be standing for election to our Board.
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L. Hakim Aouani

Mr. Aouani is currently the Senior Vice President of Corporate Development and Holdings for Groupe Casino.Mr. Aouani joined Groupe Casino in early 1998 as head of the Merger and Acquisitions department.From 1994 through 1998, Mr. Aouani was the vice president of mergers and acquisitions for C.C.F. (currently HSBC France), responsible for relationships with French and international corporations.From 1990 through 1994, Mr. Aouani handled leveraged buy-outs, senior debt financings and capital development projects at Banque Worms (currently Deutsche Bank).Mr. Aouani currently serves as a director for two other publicly traded companies in which Groupe Casino is a major shareholder.Companhia Brasileira de Distribuição ("CBD"), is a Brazilian company traded on the São Paulo Stock Exchange and also on the New York Stock Exchange (NYSE) through the ADR Program, under the symbol CBD.Mr. Aouani is a member of CBD's board of directors and also serves on CBD's financial committee.Mr. Aouani is also a member of the board of directors of Exito, a Columbian company traded on the Bolsa de Valores de Colombia.
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Aouani, Bourgeron, Ornstein, Roeder and Snollaerts do not meet the aforementioned independence standards.
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Aouani and Bourgeron do not meet the independence standards because they are employees of Groupe Casino.