Report of the Management Board

The report presents Eurocash Group's 2014 consolidated sales of PLN 16 963.85m, EBITDA of PLN 412.46m, and net profit of PLN 183.12m. It describes a year-end workforce of more than 11,300 and reports nearly 4,000 employees participating in training. The report also highlights a waste-recycling system at Cash & Carry warehouses and transport-planning efforts intended to reduce vehicle emissions.