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Retail developments in the Czech Republic since entry to EU a decade ago

JESPER LAURIDSEN CEO, Ahold Czech Republic March 18, 2014. Retail developments in the Czech Republic since entry to EU a decade ago. A lbert hold in the Czech R epublic at a glance. A lbert ´s 3 promises to associates. One of the largest employers. Cooperation with local suppliers.

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Retail developments in the Czech Republic since entry to EU a decade ago

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  1. JESPER LAURIDSEN • CEO, Ahold Czech Republic • March 18, 2014 Retail developments in the Czech Republic since entry to EU a decade ago

  2. Albert hold in the Czech Republic at a glance Albert´s 3 promises to associates • One of the largest employers • Cooperation with local suppliers • Albert as a better place for a purchase • Albert, the Czech grocery operation of Ahold, employs around 13 000 associates • Albert operates 284 stores • Meets the needs of customers in all regions of the Czech Republic • Last week, we announced the acquisition of the 50 stores of Spar in the Czech Republic • Products of Czech regional suppliers form the main part of our assortment • In total more than 2500 Czech & internationalsuppliers andpartners • The Albert chain, in line with its strategy, pays strong attention to the quality and freshness of food • Two formats • Supermarkets (1 000 sq.) • Compact stores (3 000 sq.) + big number of locations • Focus on wide choice of products of high quality standards • Friendly and communicative staff

  3. Modern Retail in Central Europe • Retail first privatized sector of the Czecheconomy (beginningof90s). These days Czech retail sector one of the most developed and most modern of Europe • Retail pioneer for movement of goods, services & people across the borders • The retail has been helpful to: • Cross country trade • Cultural understanding • Wider assortment and choice for customers • EuropeanQuality & Standards • Etc.

  4. Important & Integral part of retail society todayHighlights of the Czech Retail Up to 16% of household consumption expenditure goes to retail The second biggest employer (16% with more then 0,5 millionemployees) 11,1% contribution to the GDP The investmentsince the 90s has reached22 billion EUR International business one of the firstand most significantinvestors in CR Annual turnoverforretailsales reachedalmost 52 billion EUR Top in the European league in number of stores Social responsibility programs, modern technologies Support of regional suppliers and domestic producers Sources: INCOMA Gfk, EuroCommerce material „Shopping for Growth, CCCT CR

  5. Albert proud to be part of Czech retail Significant progress made in the retail sector. Important to keep the positive momentum. Act on Significant Market Power AmendmentoftheLaw on Food Others

  6. THANK YOU!

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