Jean Coutu Group & Metro Inc. Amalgamation Resolution

Montréal, November 29, 2017 - (TSX: PJC.A) The Jean Coutu Group (PJC) Inc. (the "Jean Coutu Group") today announced that a significant majority of its shareholders (the "Shareholders") have approved the special resolution (the "Amalgamation Resolution") which is set forth in Appendix A of the management information circular of the Jean Coutu Group dated October 26, 2017 and pursuant to which the Jean Coutu Group, an entity to be incorporated which will be a direct wholly-owned subsidiary of METRO Inc. ("Metro") and any Qualifying Holdco (as such term is defined in the combination agreement entered into by the Jean Coutu Group and Metro on October 2, 2017) will amalgamate to become a new whollyowned subsidiary of Metro (the "Transaction").

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Marie-Claude Bacon
Senior Director, Corporate Affairs
METRO INC.
(514) 643-1086
[email protected]


Hélène Bisson
Vice-President, Communications
The Jean Coutu Group (PJC) Inc.
(450) 646-9611, Extension 1165
[email protected]

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