SEC (SECURITIES AND EXCHANGE COMMISSION): U.S. institution responsible for protecting investors and maintaining the integrity of the securities markets. It regulates stock exchanges, financial market brokers and dealers, investment consultants, mutual funds and companies whose securities are publicly traded.


SENDAS: GPA supermarkets.


SENDAS DISTRIBUIDORA: Sendas Distribuidora S.A., a joint venture between Sendas S.A.and GPA, the latter indirectly through Sé.


SENDAS S.A: A company with an interest in Sendas Distribuidora.


SPC: Credit Protection Service, a national entity for credit control.


SAME-STORE SALES: Considers only those stores with at least 12 months of operations.


STOCKOUTS: Lack of products on store shelves as a result of failure in the Group’s supply chain processes.