Casino SA - announces progress of project to adapt and strengthen Casino Group's financial structure

Casino SA has announced a status update on its ongoing project to adapt and strengthen the financial structure of the Casino Group. The initiative, aimed at supporting the execution of its strategic plan, involves addressing the maturity of the Group’s debt and aligning its capital structure with long-term operational goals. As of February 10, 2026, the Group emphasized that no final agreement has yet been reached with creditors or key stakeholders, including FRH (France Retail Holdings), but discussions remain ongoing.

The Group has received consents from creditors to avoid triggering actions under financing documentation during the ongoing restructuring discussions. These consents, initially valid until January 31, 2026, have been extended automatically until February 21, 2026, with the exception of Quatrim-related consents remain valid until February 28, 2026. Casino has indicated its intention to request further extensions to continue negotiations without disruption.

Casino reiterated its commitment to completing the financial restructuring by the end of Q2 2026, as previously outlined in its strategic plan. The Group has published a presentation detailing the key terms of the proposed financial structure adaptation, noting that significant dilution for existing shareholders. All relevant information has been disclosed publicly to ensure transparency with stakeholders.

The Group continues to work closely with creditors and other stakeholders to finalize a sustainable financial structure that supports its long-term strategic objectives.