Main Shareholders as of December 31, 2018

Shareholder  Common Shares % Stake
Geant International B.V. 187,689,792 41.93%
Geant Fonciere B.V.                47,725,428 10.66%
Fondo de Pensiones Obligatorias Protección 26,675,225 5.96%
Fondo de Pensiones Obligatorias Porvenir Moderado  23,018,409  5.14%
Bergsaar B.V.  12,130,244 2.71%
Fondo Bursatil Ishares COLCAP 9,372,093 2.09%
Fondo de Pensiones Obligatorias Colfondos Moderado 9,020,147 2.02%
Norges Bank   8,244,625 1.84%
Moreno Barbosa Jaime 7,084,808 1.58%
Jara Albarracín Manuel 6,190,679 1.38%
Fondo de Pensiones Obligatorias Skandia S.A. 4,437,929 0.99%
Intel Retirement Plans Collective Investment Trust 4,237,008 0.95%
Fondo Bursatil Horizons Colombia Select de S&P 4,166,945 0.93%
Vanguard Emerging Markets Stock Index Fund 3,513,184 0.78%
Fondo de Pensiones Protección 3,392,850 0.76%
Vanguard Total International Stock Index Fund  2,966,930 0.66%
Fondo de Pensiones Obligatorias Protección Retiro  2,611,151 0.58%
Cape Ann Global Developing Markets Fund 2,384,172 0.53%
Ishares Core MSCI Emerging Markets ETF 1,836,559 0.41%
FP Omnis Porftolio Investments ICVC-FP Omnis Eme 1,791,459 0.40%
Emerging Markets Core Equity Portfolio of DFA Inve 1,750,839 0.39%
Universidad de Medellín 1,669,061 0.37%
The Emerging Markets Small Cap Series of the DFA 1,666,790 0.37%
Dimensional Emerging Markets Value Fund 1,650,403 0.37%
Ontario Teachers´ Pension Plan Board 1,510,966 0.34%

 

Total shareholders as of December 31, 2018: 9.547
 

 

Main Shareholders
Casino Group 55.3%
International Funds 15.4%
Colombian Pensions Funds 17.9%
Other Shareholders 11.3%
ADR Program 0.1%

 

Total shareholders as of December 31, 2018: 9.547br />

 

Ownership structure as of December 31, 2018

Total shareholdersas of December 31, 2018: 9,547
*No governmental Institutions own more than 5% of the total voting rights.