Schwarz Group Insight Deck

By Matthias QueckResearch Director

July 2012

A Service

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Contents

1. Introduction

2. Major Strategic Initiatives

3. Key Markets

4. Conclusions & Implications

5. Further Reading

All data correct at time of publishing.

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1Introduction

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Corporate Structure

Private German grocery retailer Schwarz Group is one of the fastest growing retailers with a presence in 26 European markets. It focuses on two formats operated as completely separate entities: Lidl hard discount stores and Kaufland price-focused hypermarkets & superstores. While Lidl is present in virtually all Western and most Central European markets, Kaufland’s expansion path clearly lies in Central Europe.

Introduction

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Source: Schwarz Group, Planet Retail

Schwarz Beteiligungs GmbHOwned by Dieter Schwarz Non-Profit Foundation (99.9%) and

Schwarz Unternehmenstreuhand – SUT (0.1%, all voting rights)

Kaufland Foundation

Germany

BulgariaCroatiaCzech RepublicPolandRomaniaSlovakia

Lidl Foundation

Germany

AustriaBelgiumBulgariaCroatiaCyprusCzech RepublicDenmark

FinlandFranceGreeceHungaryIrelandItalyLuxembourgMaltaNetherlands

PolandPortugalRomaniaSlovakiaSloveniaSpainSwedenSwitzerlandUnited Kingdom

Organisationally and operationally independent

competitors

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Management Structure

Introduction

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Schwarz Unternehmenstreuhand (SUT)

Kaufland

Board of Directors

Heinz Andrejewski, Chairman & CEOFrank Lehmann, Deputy ChairmanDaniel Kunzi, AdministrationRichard Lohmiller Jr., Member of the BoardRupert Schädler, Member of the BoardArmin Gärtner, Head of International Buying

Lidl

Board of Directors

Karl-Heinz Holland, Chairman & CEOHolger Albrecht, Deputy ChairmanChristoph Templin, Lidl InternationalPatrick Kaudewitz, Lidl InternationalGerd Chrzanowski, Central Services Robin Goudsblom, Head of Buying

Klaus GehrigChairman, CEO

Dieter Schwarz

Extraordinary Member

Source: Schwarz Group, Planet Retail