Almacenes Éxito S.A. has announced the termination of its American Depositary Shares $(ADS.AU)$ program. On May 1, 2025, JPMorgan Chase Bank, N.A. declared the sale of securities underlying the ADSs of Éxito. As a result, each ADS now represents only the right to a holder's share in the net proceeds of $3.334110 per ADS. Shareholders must surrender their ADSs for cancellation to receive the termination proceeds, which will be available from May 8, 2025. For those whose positions are held through a broker or securities intermediary participating in The Depository Trust Company, the process will occur automatically on May 8, 2025.
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