PENNY Romania is part of the international REWE Group, a market leader in the European commercial and toursim sectors. REWE- ZENTRALFINANZ eG, Cologne (RZF) and REWE – Zentral-Aktiengesellschaft, Cologne (RZAG) are two independent groups that make up the REWE Group. REWE was founded as REWE (Revisions-verband der Westkaufgenossenschaften) in 1927, it has its main headquarters in Cologne and 384 000 employees across Europe. It is present in 21 European countries. The International Retailing business segment comprises the Full-Range Austria, Full-Range CEE and PENNY International divisions. In Full-Range Austria and CEE, supermarkets and hypermarkets are black a total of 2 784 outlets. The PENNY International division operates the PENNY MARKT, PENNY MARKET and PENNY brands in a total of 1 703 locations in Italy, Austria, Romania, Czech Republic and Hungary. Total external turnover from continuing operations increased in 2022 by 10.4% compared to 2021 from 76.76 billion Euros to 84.76 billion Euros Turnover in the PENNY International business segment increased by 16.7% up to 6.6 billion Euros in Italy, Austria, Hungary, Romania and the Czech Republic REWE Group's turnover – excluding non-retail and equity entities – from operations continued to grow by 11.3% from 69.4 billion Euros to 77.2 billion Euros The year 2022 ended successfully for the REWE Group* with a strong growth in turnover, demonstrating once more its performance capability in the difficult post-pandemic environment, considering also the challenges caused by the war in Ukraine. * Company – REWE Group (rewe-group.com) ** Annual Press Conference 2023 – REWE Group (rewe-group.com) Investment increased by 2.8 billion Euros in 2022 despite the crisis. After adjustments were made for exchange rates, PENNY expanded the most in Romania, with an increase of over 27%, followed by Hungary and the Czech Republic.** CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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