Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 21, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased Cnova N.V. (“Cnova” or the “Company”) (Nasdaq: CNV) securities pursuant and/or traceable to the Company’s Initial Public Offering on or about November 19, 2014 (the “IPO”) and/or between November 19, 2014 and December 18, 2015, inclusive (the “Class Period”). Cnova investors are encouraged to contact Lesley Portnoy, Esquire, to discuss their legal claims in this matter.

The complaint charges Cnova and certain of its officers, directors, and underwriters of the Company’s IPO with violations of the federal securities laws. Specifically, the complaint alleges that, within the Company’s IPO registration statement, and/or throughout the Class Period, defendants failed to disclose: (1) that the Company overstated net sales; (2) that the Company failed to properly write-off the value of certain returned items; (3) that there was a material discrepancy in accounts receivable related to the damaged/returned items; (4) that, as such, the Company’s EBIT was overstated; (5) that the company lacked adequate internal controls; and (6) that, as a result of the foregoing, the Company’s financial statements and Defendants’ statements about Cnova’s business, operations, and prospects, were materially false and misleading at all relevant times.

If you purchased shares of Cnova during the Class Period, or if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by e-mail please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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