Document:

Second Supplemental Indenture

 Exhibit 4.1 
 DELHAIZE GROUP SA/NV, 
 as Issuer 

and 
 THE BANK OF
NEW YORK MELLON, 
 as Trustee 
  

 

            SECOND SUPPLEMENTAL INDENTURE 

Dated as of April 10, 2012 
 to 
 Indenture 

Dated as of February 2, 2009 
  

 
  

 
  

 SECOND SUPPLEMENTAL INDENTURE, dated as of April 10, 2012 (the “Second
Supplemental Indenture”), between Delhaize Group SA/NV, a limited liability company duly organized and existing under the laws of the Kingdom of Belgium (the “Issuer”), and The Bank of New York Mellon, a banking corporation
duly organized and existing under the laws of the State of New York, not in its individual capacity but solely as trustee (the “Trustee”). 
 Capitalized terms used herein and not otherwise defined herein have the meanings assigned to those terms in the Indenture (hereinafter defined) unless otherwise indicated. 

R E C I T A L S 

WHEREAS, the Issuer executed and delivered an indenture dated as of February 2, 2009, as supplemented or amended from time to time
prior to the date hereof (the “Indenture”), between the Issuer and the Trustee; 
 WHEREAS, Section 9.01
of the Indenture provides, among other things, that the Issuer and the Trustee may enter into one or more indentures supplemental to the Indenture, without the consent of any Holders, to (i) add covenants of the Issuer to the benefit of the
Holders of all or any series of Securities or (ii) establish the terms of any series of Securities; 
 WHEREAS, the Issuer
desires to create one additional series of Securities, the 4.125% Senior Notes Due 2019 (the “Notes”), and all action on the part of the Issuer necessary to authorize the issuance of up to $300,000,000 aggregate principal amount of
such Notes has been duly taken; and 
 WHEREAS, all acts and things necessary to make this Second Supplemental Indenture a
valid, binding and enforceable instrument in accordance with its terms have been done and performed, and the execution and delivery of this Second Supplemental Indenture has been duly authorized in all respects. 

NOW, THEREFORE, in consideration of the covenants and agreements set forth herein, the parties hereto hereby agree as follows:

 ARTICLE I 
 TERMS AND CONDITIONS 

Section 1.1. Terms and Conditions. The terms and characteristics of the Notes shall be as follows (the lettered clauses set
forth below corresponding to the lettered subsections of Section 2.01 of the Indenture, with terms used and not defined herein having the meanings specified in the Indenture): 

 

	 	(a)	the title of the Notes shall be “4.125% Senior Notes due 2019” and the ISIN for the Notes is US24668PAF45; 

 

	 	(b)	the aggregate principal amount of the Notes which may be authenticated and delivered under the Indenture shall be limited to $300,000,000; provided, however, that such
authorized aggregate principal amount may from time to time be increased above such amount by a resolution of the Board of Directors to such effect; 

  
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	 	(c)	not applicable; 

  

	 	(d)	the date on which the principal of the Notes shall be payable shall be April 10, 2019; 

 

	 	(e)	the Notes shall bear interest at the rate of 4.125% per annum and interest shall accrue commencing on April 10, 2012. The interest payment dates on which such
interest will be payable (each, an “Interest Payment Date”) shall be April 10 and October 10 of each year, or the first Business Day thereafter if April 10 or October 10 is not a Business Day, without any
interest or other payment in respect of any such delay, commencing on October 10, 2012. The regular record date for the determination of Holders to whom interest is payable on any such Interest Payment Date shall be April 1 and
October 1, as the case may be (in each case, whether or not a Business Day), immediately preceding the related Interest Payment Date; 

  

	 	(f)	not applicable; 

  

	 	(g)	The Notes may be redeemed in whole or in part, at the Issuer’s option, at any time and from time to time, at a Redemption Price equal to the greater of
(i) 100% of the principal amount of the Notes being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest and liquidated damages, if any, on the Notes being redeemed (exclusive of
interest accrued and unpaid to the Redemption Date) discounted to the Redemption Date, on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 40 basis points as determined by the Reference
Treasury Dealer, plus, in each case, accrued and unpaid interest on the Notes being redeemed at the Redemption Date. 

 “Comparable Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the
remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of dollar denominated corporate debt securities of a comparable maturity to the
remaining term of such Notes; 
 “Comparable Treasury Price” means, with respect to any Redemption Date, (a) the
average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (b) if the Issuer obtains fewer than four such Reference Treasury Dealer
Quotations, the average of all such quotations. 
 “Independent Investment Banker” means one of the Reference Treasury
Dealers appointed by the Trustee after consultation with the Issuer. 

  
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 “Reference Treasury Dealer” means at any time (1) each of J.P. Morgan
Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated or their affiliates which are primary U.S. Government securities dealers, and their respective successors; provided, however, that if any of the foregoing or their
affiliates shall cease to be a primary U.S. Government securities dealer in New York City (a “Primary Treasury Dealer”), the Issuer shall substitute therefor another Primary Treasury Dealer and (2) any other two Primary Treasury
Dealers selected by the Issuer. 
 “Reference Treasury Dealer Quotations” means, with respect to each Reference
Treasury Dealer and any Redemption Date, the average, as determined by the Issuer, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by such
Reference Treasury Dealer at 3:30 p.m. New York time on the third Business Day preceding such Redemption Date. 
 “Treasury
Rate” means, with respect to any Redemption Date, (1) the yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published statistical release designated
“H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity under the
caption “Treasury Constant Maturities”, for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the Remaining Life, yields for the two published maturities most closely
corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month) or (2) if such release (or any successor
release) is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield-to-maturity of the Comparable Treasury Issue, calculated using a price for the
Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date. The Treasury Rate will be calculated on the third Business Day preceding the Redemption Date. 

 

	 	(h)	not applicable; 

  

	 	(i)	not applicable; 

  

	 	(j)	not applicable; 

  

	 	(k)	not applicable; 

  

	 	(l)	not applicable; 

  

	 	(m)	With respect to the Notes of this series exclusively, the following covenants shall be added: 

  
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 (i) Change of Control Offer 

If a Change of Control Triggering Event occurs, unless the Issuer has exercised its rights to redeem the Notes as described in
Section 1.1(g) above, Holders of the Notes will have the right to require the Issuer to repurchase all or any part (in minimum denominations of $2,000 and any integral multiple of $1,000 in excess of $2,000) of their Notes pursuant to the offer
described below (the “Change of Control Offer”) on the terms set forth herein. In the Change of Control Offer, the Issuer shall offer payment in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued
and unpaid interest, if any, on the Notes repurchased, to the date of purchase (the “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event, the Issuer shall mail a notice to Holders of Notes
describing the transaction or transactions that constitute the Change of Control Triggering Event and shall offer to repurchase the Notes on the date specified in the notice, which date will be no earlier than 30 days and no later than 60 days from
the date such notice is mailed (the “Change of Control Payment Date”), pursuant to the procedures required by the Notes and described in such notice. The Issuer shall comply with the requirements of Rule 14e-1 under the Exchange Act
and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of
any securities laws or regulations conflict with the Change of Control provisions in respect of the Notes, the Issuer shall comply with the applicable securities laws and regulations and will not be deemed to have breached the Issuer’s
obligations under the Change of Control provisions in respect of the Notes by virtue of such conflicts. 
 On the Change of
Control Payment Date, the Issuer shall to the extent lawful: 
 (A) accept for payment all Notes or portions of Notes properly
tendered pursuant to the Change of Control Offer; 
 (B) deposit with the Paying Agent an amount equal to the Change of Control
Payment in respect of all Notes or portions of Notes properly tendered; and 
 (C) deliver or cause to be delivered to the
Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased. 
 In each case at the Issuer’s expense, the Paying Agent will promptly mail to each Holder of Notes properly tendered the Change of Control Payment for such Notes (or, if all of the Notes are then in
global form, make such payment through the facilities of Euroclear, the CDI Depositary and DTC), and the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to each Holder a new Note of the same series equal in
principal amount to any unpurchased portion of the Notes surrendered, if any; provided that each such new Note will be in minimum denomination of $2,000 and any integral multiple of $1,000 in excess of $2,000. Any Note so accepted for payment will
cease to accrue interest on and after the Change of Control Payment Date unless the Issuer defaults in making the Change of Control Payment. 

  
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 (ii) Negative Pledge 

So long as any Notes remains outstanding, the Issuer: 
 (A) will not create or permit to subsist any Lien upon the whole or any part of its assets or revenues present or future to secure any Relevant Debt or any guarantee of or indemnity in respect of any
Relevant Debt (save under the Cross Guarantee Agreement); 
 (B) will procure that no Material Subsidiary (determined at the
time of incurrence) creates or permits to subsist any Lien upon the whole or any part of its assets or revenues present or future to secure any Relevant Debt of the Issuer or any guarantee or indemnity in respect of any such Relevant Debt (save
under the Cross Guarantee Agreement or as set forth in clause (C) immediately below); and 
 (C) will procure that no
Material Subsidiary (determined at the time of incurrence) gives any guarantee of, or indemnity in respect of, any of the Relevant Debt of the Issuer, unless, at the same time or prior thereto, the Issuer’s obligations under the Notes and the
Indenture (1) are secured equally and ratably therewith or benefit from a guarantee or indemnity in substantially identical terms thereto, as the case may be, or (2) have the benefit of such other Lien, guarantee, indemnity or other
arrangement not materially less beneficial to the Holders of the Notes. 
 (ii) Definitions 

For purposes of this Section 1.1(m): 
 “Change of Control” means the occurrence of any of the following: (1) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or
consolidation), in one or a series of related transactions, of all or substantially all of the properties or assets of the Issuer and its Subsidiaries taken as a whole to any Person other than the Issuer or one of its Subsidiaries; (2) the
consummation of any transaction (including, without limitation, any merger or consolidation) in a single transaction or in a related series of transactions the result of which is that any Person or group (within the meaning of Section 13(d)(3)
or Section 14(d)(2) of the Exchange Act, or any successor provision), including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under the Exchange Act) becomes the
beneficial owner (within the meaning of Rule 13d-3 under the Exchange Act, or any successor provision), directly or indirectly, of more than 50% of the then outstanding number of voting rights in the Issuer’s capital stock;

  
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or (3) the first day on which a majority of the members of the Issuer’s Board of Directors are not Continuing Directors. Notwithstanding the foregoing, a transaction will not be deemed
to involve a change of control if (i) the Issuer becomes a wholly owned subsidiary of a holding company; and (ii) the holders of the voting stock of such holding company immediately following that transaction are substantially the same as
the holders of the Issuer’s voting stock immediately prior to that transaction. For the purposes of this definition of “Change of Control”, the term “Person” shall include a “person” as that term is used in
Section 13(d)(3) of the Exchange Act. 
 “Change of Control Triggering Event” means the
occurrence of both a Change of Control and a Rating Event. 
 “Continuing Directors” means, as
of any date of determination, any member of the Board of Directors who (A) was a member of such Board of Directors on the date the Notes were issued or (B) was proposed for election or elected to such Board of Directors with the approval
of a majority of the Continuing Directors who were members of such Board of Directors at the time of such proposal or election. 
 “Moody’s” means Moody’s Investors Service, Inc., and its successors. 
 “Rating Agencies” means (A) each of Moody’s and S&P; and (B) if either of Moody’s or S&P ceases to rate the Notes or fails to make a rating of the Notes
publicly available for reasons outside of the Issuer’s control, a “nationally recognized statistical rating organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act, selected by the Issuer (as certified by a
resolution of the Board of Directors) as a replacement agency for Moody’s or S&P, or both of them, as the case may be. 
 “Rating Event” means the Notes are rated at or below Ba1 by Moody’s and at or below BB+ by S&P on any date from the date of the public announcement by the Issuer of an
arrangement that could result in a Change of Control until the end of the 60-day period following public announcement by the Issuer of the occurrence of the Change of Control (which 60-day period shall be extended so long as the rating of the Notes
is under publicly announced consideration for possible downgrade by any of the Rating Agencies); provided that a Rating Event otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a
particular Change of Control (and thus shall not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do
not announce or publicly confirm or inform the Trustee in writing at the Issuer’s request that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the
applicable Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the Rating Event). 

  
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 “Relevant Debt” means any present or future indebtedness in
the form of, or represented by, bonds, notes, debentures or other securities which are for the time being, or are capable of being, quoted, listed or ordinarily dealt in on any stock exchange, over-the-counter or other securities exchange.

 “S&P” means Standard & Poor’s Rating Services, a division of The
McGraw-Hill Companies, Inc., and its successors. 
  

	 	(n)	the provisions relating to the Notes set out in Appendix A to the Indenture are hereby replaced with Appendix A hereto; 

 

	 	(o)	not applicable; 

  

	 	(p)	not applicable; and 

  

	 	(q)	not applicable. 

 ARTICLE II

 MISCELLANEOUS 
 Section 2.1. Effect of Second Supplemental Indenture. Upon the execution and delivery of this Second Supplemental Indenture by the Issuer and the Trustee, the Indenture shall be modified and
supplemented in accordance herewith, and this Second Supplemental Indenture shall form a part of the Indenture for all purposes; and every Holder of Securities heretofore or hereafter authenticated and delivered under the Indenture shall be bound
thereby. 
 Section 2.2. Indenture Remains in Full Force and Effect. Except as supplemented and amended hereby, all
provisions in the Indenture shall remain in full force and effect. 
 Section 2.3. Indenture and Second Supplemental
Indenture Construed Together. This Second Supplemental Indenture is an indenture supplemental to and in implementation of the Indenture, and the Indenture and this Second Supplemental Indenture shall henceforth be read and construed together.

 Section 2.4. Confirmation of Indenture. The Indenture, as supplemented and amended by this Second Supplemental
Indenture, is in all respects confirmed and ratified. 
 Section 2.5. Conflict with Trust Indenture Act. If any
provision of this Second Supplemental Indenture limits, qualifies or conflicts with another provision hereof which is required to be included in this Second Supplemental Indenture by any of the provisions of the Trust Indenture Act, such required
provision shall control. 
 Section 2.6. Separability. In case any one or more of the provisions contained in this
Second Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

  
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 Section 2.7. Successors and Assigns. All agreements in this Second Supplemental
Indenture shall be binding upon and inure to the benefit of the respective successors and assigns of the Issuer and the Trustee. 
 Section 2.8. Certain Duties and Responsibilities of the Trustee. In entering into this Second Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the
Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee, whether or not elsewhere herein so provided. The Trustee, for itself and its successor or successors, accepts the terms of the Indenture as
amended and supplemented by this Second Supplemental Indenture, and agrees to perform the same, but only upon the terms and provisions defining and limiting the liabilities and responsibilities of the Trustee, which terms and provisions shall in
like manner define and limit its liabilities and responsibilities in the performance of the trust created by the Indenture. The Trustee makes no representations as to the validity or sufficiency of this Second Supplemental Indenture other than as to
the validity of its execution and delivery by the Trustee. 
 Section 2.9. Governing Law. This Second Supplemental
Indenture shall be governed by, and construed in accordance with, the laws of the State of New York but without giving effect to applicable principles of conflicts of law to the extent that the application of the laws of another jurisdiction would
be required thereby. 
 Section 2.10. Counterparts. This Second Supplemental Indenture may be executed in any number
of counterparts by the parties hereto on separate counterparts, each of which, when so executed and delivered, shall be deemed an original, but all such counterparts shall together constitute one and the same instrument. 

[Signature pages follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be
duly executed, as of the day and year first written above. 
  

							
		 		 	DELHAIZE GROUP SA/NV, as Issuer
				
		 		 	By:	 	/s/ A.M. Silva Gonzalez
		 		 		 	Name: A.M. Silva Gonzalez
		 		 		 	Title: Vice President

 Signature page to the Second Supplemental Indenture 

							
		 		 	THE BANK OF NEW YORK MELLON, as Trustee
				
		 		 	By:	 	 /s/ Trevor Blewer
		 		 		 	Name:  Trevor Blewer
		 		 		 	Title:    Vice President

 Signature page to the Second Supplemental Indenture 

 APPENDIX A  
 PROVISIONS RELATING TO THE SECURITIES 
  

	 	1	Definitions and Interpretation 

  

	 	1.1	Definitions 

 For the
purposes of this Appendix A the following terms shall have the meanings indicated below: 
 “Applicable Procedures”
means the rules and procedures of the X/N System, Euroclear, Clearstream and DTC, in each case to the extent applicable to a transaction and as in effect from time to time; 
 “CDI Depositary” means The Bank of New York Mellon until a successor replaces it and, thereafter, means the successor; 
 “Clearstream” means Clearstream Banking, société anonyme, or any successor securities clearing agency; 
 “Definitive Registered Certificate” means a certificate in the form of Exhibit B that evidences the registration of a Definitive Registered Security in the name of a Holder in the Register;

 “Definitive Registered Security” means a Security outstanding in definitive registered form, title to which is
shown by an entry in the Register; 
 “Domiciliary Agent” means ING Belgium SA/NV or its successor, as domiciliary
agent under the Agency Agreement; 
 “DTC” means The Depository Trust Company, its nominees and their respective
successors; 
 “Euroclear” means the clearing and settlement system operated by Euroclear Bank SA/NV, or any successor
securities clearing and settlement agency; 
 “Global Securities Legend” means the legend referred to as such in
Section 2.3.(i) herein; 
 “NBB” means the National Bank of Belgium; 

“Register” means the register held by the Registrar, if any, in accordance with Section 2.4 hereof, which will show the
aggregate principal amount, serial numbers and dates of issuance of Definitive Registered Securities and Definitive Registered Certificates, the names and address of the Holders and the dates of all transfers to, and the names and addresses of, all
subsequent Holders, all cancellations of Definitive Registered Securities and corresponding Definitive Registered Certificates and all replacements of Definitive Registered Certificates; and 

  
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 “Transfer Agent” means The Bank of New York (Luxembourg), S.A. 

1.2 Other Definitions 
  

					
	 Term:
	  	Defined in Section:	 
	 “Global Security”
	  	 	2.1	(a) 

 1.2 Rules of Interpretation 

If any conflict or inconsistency exists between this Appendix A and the rest of the Indenture, the Indenture shall govern. 

2 The Securities 
 2.1 Form and Dating 
 (a) Global Securities. Securities of any
series shall be issued initially in the form of one or more permanent global Securities in bearer form (collectively, the “Global Securities”) without interest coupons and bearing the Global Securities Legend which shall be duly
executed by the Issuer, authenticated by the Trustee as provided in the Indenture and deposited in the X/N System. The aggregate principal amount at maturity of the Global Securities of any series may from time to time be increased or decreased by
adjustments made on the records of the Domiciliary Agent, Trustee and/or the NBB, as applicable, and on the schedules thereto as hereinafter provided. 
 (b) Definitive Registered Securities. Except as provided in Section 2.3, owners of Book-Entry Interests in Global Securities of any series will not be entitled to receive interests in
Definitive Registered Securities in exchange for such Book-Entry Interests or physical delivery of Definitive Registered Certificates in respect of Definitive Registered Securities. 

2.2 Authentication. At any time and from time to time after the execution and delivery of this Indenture, the Trustee shall
authenticate and make available for delivery upon a written order of the Issuer signed by two members of the Board of Directors of the Issuer Securities of any series. Such order shall specify the amount of the Securities to be authenticated and the
date on which the original issue of Securities is to be authenticated. 

  
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 2.3 Transfer and Exchange. 

(a) Transfer and Exchange of Global Securities. Holders of Book-Entry Interests in Global Securities of any series will not be
entitled to receive physical delivery of such Global Securities or of any individual bearer note representing a portion thereof. Any transfer of a Book-Entry Interest in a Global Security or payment of the principal, interest or premium, if any, on
such interests in the Global Securities of such series other than through the X/N System or its Participants and/or Indirect Participants, shall not be enforceable against the Issuer. Global Securities of any series may be replaced, as provided in
Section 2.08 of the Indenture. Every Security authenticated and delivered in exchange for, or in lieu of, a Global Security pursuant to this Section 2.3 shall be authenticated and delivered in the form of, and shall be, a Global Security,
except in connection with the issuance of Definitive Registered Securities as provided in Sections 2.3(e) and 2.3(f). A Global Security may not be exchanged for another Security other than as provided in the Global Securities Legend. However,
Book-Entry Interests in a Global Security may be transferred and exchanged as provided in this Section 2.3. 
 All Global
Securities of any series will be exchanged by the Issuer in whole, but not in part, for Definitive Registered Securities of the same series, in respect of which Definitive Registered Certificates will be issued, in the event that: 

(1)    (A) the NBB ceases to operate the X/N System and no successor has been appointed within 15 days
after the date on which NBB gives notice of such fact to the Issuer and the Domiciliary Agent; 
 (B) both
Euroclear and Clearstream notify the Issuer that they are unwilling or unable to continue to act as, or ceases to be, a clearing agency in respect of the Securities of such series and no successor clearing agency has been appointed within 15 days
after the date on which notice of such fact is given to the Issuer; 
 (C) DTC notifies the Issuer that it is
unwilling or unable to continue to act as depositary or ceases to be a clearing agency registered under the Exchange Act and, in either case, a successor depositary is not appointed by the CDI Depositary at the Issuer’s request within 15 days
of such notification; or 
 (D) if the CDI Depositary is at any time unwilling or unable to continue as CDI
Depositary and a successor CDI depositary is not appointed by the Issuer within 15 days of such notification; or 

(2) if, as a result of any change in, or amendment to, the laws or treaties (or any regulations, protocols or rulings
promulgated thereunder) of Belgium or any other Relevant Taxing Jurisdiction affecting taxation, or any change in position regarding the application, administration or interpretation of such laws, treaties, regulations or rulings (including a
holding, judgment or order by a court of competent jurisdiction), that becomes effective on or after the Issue Date of such series, the Issuer determines that continuing to settle the Securities of

  
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any series through the X/N System would require it on the occasion of the next payment due in respect of the Securities of such series to make a deduction or withholding from any payment in
respect of such Securities, which deduction or withholding would not then be required in respect of Definitive Registered Securities. 
 In the event that Global Securities of any series become exchangeable pursuant to clause (1)(A) above: 
 (i) the Issuer shall (a) issue Definitive Registered Securities of such series in an aggregate principal amount equal to the principal amount of the Global Securities of such series and
(b) instruct the Domiciliary Agent to request the NBB to cancel the Global Securities of such series within five Business Days after such request; and 
 (ii) the Registrar shall: (a) arrange for the Definitive Registered Securities of such series to be issued in the amount of and in the name of the holders of book-entry interests in the certificated
depositary interests representing interests in the Global Securities of such series (for the latter, based on instructions received by it from the CDI Depositary, in turn based on instructions from DTC); and (b) upon cancelation of the Global
Securities of such series by the NBB, arrange for the entry of the Definitive Registered Securities of such series in the register kept by the Issuer and any other Register and the delivery of certificates evidencing the entry of the Definitive
Registered Securities of such series in such register in the name of the relevant holders of book entry interests. 
 In the
event that Global Securities of any series become exchangeable pursuant to clause 1(B) or (2) above: 
 (i)
the Registrar shall deliver to the Issuer a request for the issue of Definitive Registered Securities of such series in an aggregate principal amount equal to the principal amount of the Global Securities of such series; 

(ii) the Issuer shall (a) issue Definitive Registered Securities of such series in an aggregate principal amount
equal to the principal amount of the Global Securities of such series and (b) instruct the Domiciliary Agent to request the NBB to cancel the Global Securities of such series within five business days after such request; and 

(iii) the Registrar shall: (a) arrange for Definitive Registered Securities of such series to be issued in the amount
of and in the name of the holders of book-entry interests in the certificated depositary interests representing interests in the Global Securities of such series (for the latter, based on instructions received by it from the CDI Depositary, in turn
based on instructions from DTC); and (b) arrange for the entry of the 

  
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Definitive Registered Securities of such series in the register kept by the Issuer and any other Register and the delivery of certificates evidencing the entry of the Definitive Registered
Securities of such series in such register in the name of the relevant holders of book-entry interests. 
 At the time of the
exchange of the Definitive Registered Securities of any series, the entries made of the Definitive Registered Securities of such series in the Register shall correspond with the last entries in the accounts of the X/N System and/or its Participants
(or as directed by them). 
 In the event that Global Securities of any series become exchangeable pursuant to clause
(1)(C) or (D) above: 
 (i) the Issuer shall (a) issue Definitive Registered Securities of such
series in an aggregate principal amount equal to the principal amount of the Global Securities of such series and (b) instruct the Domiciliary Agent to request the NBB to cancel the Global Securities of such series within five business days
after such request; and 
 (ii) the Registrar shall: (a) arrange for Definitive Registered Securities of
such series to be issued in the amount of and in the name of the holders of book-entry interests in the certificated depositary interests representing interests in the Global Securities of such series (based on instructions received by it from the
CDI Depositary, in turn based on instructions from DTC); and (b) arrange for the entry of the Definitive Registered Securities of such series in the register kept by the Issuer and any other Register and the delivery of certificates evidencing
the entry of the Definitive Registered Securities of such series in such register in the name of the relevant holders of certificated depositary interests. 
 (b) General Provisions Applicable to Transfers and Exchanges of the Securities. Transfers of Book-Entry Interests in the Global Securities of any series (other than transfers of Book-Entry
Interests in connection with which the transferor takes delivery thereof in the form of a Book-Entry Interest in the same Global Security) shall require compliance with this Section 2.3(b), as well as one or more of the other paragraphs of this
Section 2.3, as applicable. 
 In connection with all transfers and exchanges of Book-Entry Interests (other than transfers
of Book-Entry Interests in connection with which the transferor takes delivery thereof in the form of a Book-Entry Interest in the same Global Securities), the Domiciliary Agent must receive: (i) a written order from a Participant or an
Indirect Participant given in accordance with the Applicable Procedures directing the Domiciliary Agent to debit, or cause to be debited, from the transferor or person exchanging a Book-Entry Interest in an amount equal to the Book-Entry Interest to
be transferred or exchanged; (ii) a written order from a Participant or an Indirect Participant given in accordance with the Applicable Procedures directing the Domiciliary Agent to, credit or cause to be credited, a Book-Entry Interest in
another Global Security of the same series in an amount equal to the Book-Entry Interest to be transferred or exchanged; and (iii) instructions given in accordance with the Applicable Procedures containing information regarding the account of
the Participant to be credited with such increase. 

  
 A-5

 In connection with a transfer or exchange of a Book-Entry Interest for a Definitive
Registered Security of the same series, the Domiciliary Agent must receive: (i) a written order from a Participant or an Indirect Participant given in accordance with the Applicable Procedures directing the Domiciliary Agent to debit, or cause
to be debited, from the transferor a Book-Entry Interest in an amount equal to the Book-Entry Interest to be transferred or exchanged; (ii) a written order from a Participant directing the Domiciliary Agent to direct the Transfer Agent to cause
the Issuer to issue, and the to arrange for the entry in the Register of, a Definitive Registered Security of the same series in an amount equal to the Book-Entry Interest to be transferred or exchanged and the Issuer to issue, and the Trustee to
authenticate, Definitive Registered Certificates in respect of Definitive Registered Securities of such series; and (iii) instructions containing information regarding the Person in whose name such Definitive Registered Security shall be
registered to effect such transfer or exchange. 
 In connection with any transfer or exchange of Definitive Registered
Securities of any series, the Holder of such Securities shall present or surrender to the Transfer Agent the corresponding Definitive Registered Certificate(s) duly endorsed or accompanied by a written instruction of transfer in form satisfactory to
the Registrar and Transfer Agent duly executed by such Holder or by its attorney, duly authorized in writing. 
 Upon
satisfaction of all of the requirements for transfer or exchange of Book-Entry Interests in Global Securities of any series contained in the Indenture, the Domiciliary Agent shall issue to the NBB a new “Schedule of Increases or Decreases in
Global Note” to be attached to the relevant Global Securities of such series reflecting the increase or decrease, as applicable, in the principal amount at maturity of such Global Securities and shall at the same time provide the Trustee with a
copy of such schedule. 
 (c) Transfer of Book-Entry Interests in Global Securities to Definitive Registered Securities.
A Holder of a Book-Entry Interest in a Global Security of any series may transfer such Book-Entry Interest to a Person who takes delivery thereof in the form of a Definitive Registered Security of the same series within 60 days following notice
given by the Issuer or the Trustee of an Event of Default specified in Clause (a), (b), (f), (g) or (h) of Section 6.01 of the Indenture with respect to the Securities of such series only if such transfer complies with the
requirements of Sections 2.3(b) and (to the extent applicable by its terms) 2.3(h). 
 Upon receipt of the orders and
instructions required by Section 2.3(b), the Domiciliary Agent shall (i) deliver, or cause to be delivered to the NBB a new “Schedule of Increases or Decreases in Global Note” reflecting the decrease in the amount of the relevant
Global Security of such series by the principal amount at maturity of such transfer (and shall at the same time provide the Trustee with a copy of such schedule), (ii) thereafter, debit, or cause to be debited, the accounts of the relevant
Participant in 

  
 A-6

 
connection with such transfer and (iii) shall give notice to the Transfer Agent, which shall cause the Issuer to exchange the Book-Entry Interests so transferred against Definitive
Registered Securities of such series in an aggregate principal amount at maturity equal to the aggregate principal amount at maturity of such Book-Entry Interests and in the names set forth in the instructions received by the Domiciliary Agent and
cause the Trustee, upon receipt of an Authentication Order from the Issuer in accordance with Section 2.3 of the Indenture, to authenticate one or more Definitive Registered Certificates in respect of such Definitive Registered Securities of
such series. The Transfer Agent shall instruct the Registrar to record such transfer in the Register. 
 (d) Exchanges of
Book-Entry Interests in Global Securities for a Definitive Registered Security. A Holder of a Book-Entry Interest in a Global Security of any series may exchange such Book-Entry Interest for Definitive Registered Security of the same series
within 60 days following notice given by the Issuer or the Trustee of an Event of Default specified in clause (a), (b), (f), (g) or (h) of Section 6.01 the Indenture with respect to the Securities of such series if the exchange
complies with the requirements of Sections 2.3(h) and (to the extent applicable by its terms) 2.3(b). 
 Upon receipt of the
orders and instructions required by Section 2.3.2, the Domiciliary Agent shall (i) debit, or cause to be debited, the accounts of the relevant Participants, (ii) deliver, or cause to be delivered, to the NBB a new “Schedule of
Increases or Decreases in Global Note” reflecting the decrease in amount of the relevant Global Security of such series by the principal amount at maturity of such exchange (and shall at the same time provide the Trustee with a copy of such
schedule) and (iii) give notice to the Transfer Agent which shall cause the Issuer to exchange the Book-Entry Interests so transferred against Definitive Registered Securities of such series in an aggregate principal amount at maturity equal to
the aggregate principal amount at maturity of such Book-Entry Interests and in the names set forth in the instructions received by the Domiciliary Agent, and cause the Trustee, upon receipt of an Authentication Order from the Issuer in accordance
with Section 2.3 of the Indenture, to authenticate one or more Definitive Registered Certificates in respect of such Definitive Registered Securities. The Transfer Agent shall instruct the Registrar to record such exchange in the Register. The
Trustee will deliver (at the Issuer’s expense) the Definitive Registered Certificates in respect of the relevant Definitive Registered Securities of such series to the Holders entitled thereto. 

(g) Transfer of Definitive Registered Securities for Definitive Registered Securities. Any Holder of a Definitive Registered
Security may transfer such Security to a Person who receives such security in the form of a Definitive Registered Security of the same series if the transfer complies with Section 2.3(b) and (to the extent applicable by its terms) 2.3(h).

 Upon the receipt of any Definitive Registered Certificates of any series, the Transfer Agent shall cancel such Definitive
Registered Certificates pursuant to Section 2.11 of the Indenture and complete and deliver to the Issuer a new Definitive Registered Certificate in respect of the transferred Definitive Registered Security. The Issuer shall execute and the
Trustee shall authenticate and deliver such new Definitive Registered Certificate to such Person(s) as the Holder of the Definitive Registered Security of such series being transferred shall designate. In addition, the Transfer Agent shall instruct
the Registrar to record such transfer in the Register. 

  
 A-7

 (h) Restrictions on Transfers 

The Issuer will not be required to register the transfer or any of the Definitive Registered Securities of any series selected for
redemption or due to be redeemed: 
 (1) for a period of 5 days before the date for redemption; or 

(2) for a period of 5 days before an interest payment date. 
 (i) Legend 
 Each Global Security of any series (and all Global Securities
of such series issued in exchange therefor or in substitution thereof) shall bear the Global Securities Legend in substantially the form set out below (each defined term in the legend being defined as such for purposes of the legend only):

 Global Securities Legend: 
 ANY UNITED STATES PERSON WHO HOLDS THIS SECURITY WILL BE SUBJECT TO LIMITATIONS UNDER THE UNITED STATES INCOME TAX LAWS INCLUDING THE LIMITATIONS PROVIDED IN SECTIONS 165(j) AND 1287(a) OF THE UNITED
STATES INTERNAL REVENUE CODE. 
 THIS GLOBAL NOTE IS ACCEPTED FOR CLEARANCE THROUGH THE X/N SYSTEM OPERATED BY THE NBB (AS
DEFINED IN THE INDENTURE GOVERNING THIS NOTE) AND IS HELD BY THE NBB FOR THE ACCOUNT OF THE PARTICIPANTS OF THE X/N SYSTEM, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (1) THE DOMICILIARY AGENT MAY AMEND THE
“SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE” AS MAY BE REQUIRED PURSUANT TO SUCH INDENTURE, (2) THIS GLOBAL NOTE MAY BE EXCHANGED, IN WHOLE OR IN PART, PURSUANT TO SUCH INDENTURE, (3) THIS GLOBAL NOTE MAY BE DELIVERED TO
THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11 OF SUCH INDENTURE AND (4) THE NBB MAY ENTRUST THIS GLOBAL NOTE TO A SUBDEPOSITARY THAT WILL ACT AS AGENT AND FOR THE ACCOUNT OF THE NBB. THE AGREEMENT BETWEEN THE NBB AND THE SUBDEPOSITARY
MAY NOT DEVIATE FROM THE PROVISIONS OF THE CLEARING AGREEMENT (AS DEFINED IN THE INDENTURE GOVERNING THIS GLOBAL NOTE) IN RESPECT OF THIS GLOBAL NOTE. 

  
 A-8

 (j) Cancellation and/or Adjustment of Global Securities. Within 10 Business Days
following the repayment of the Securities of any series, the Issuer shall withdraw, against receipt, from the NBB the Global Securities of such series and the withdrawn Global Securities shall be voided by perforation of such Global Securities. At
any time prior to such cancellation, if any Book-Entry Interest in a Global Security of such series is exchanged for, or transferred to, a Person who will take delivery thereof in the form of a Book-Entry Interest in another Global Security of such
series or as a Definitive Registered Security of such series, the principal amount at maturity of Securities of such series represented by such Global Security will be reduced accordingly and the Domiciliary Agent shall provide a new “Schedule
of Increases or Decreases in Global Note” to the NBB to reflect such reduction (and shall at the same provide the Trustee with a copy of such schedule); and if the Book-Entry Interest is being exchanged for or transferred to a Person who will
take delivery thereof in the form of a Book-Entry Interest in another Global Security of such series, such other Global Security will be increased accordingly and the Domiciliary Agent shall provide a new “Schedule of Amendments of the
Principal” to the NBB to reflect such increase (and shall at the same provide the Trustee with a copy of such schedule). 

(k) Obligations with Respect to Transfers and Exchanges of Securities 

(i) To permit registrations of transfers and exchanges, the Issuer shall execute, and the Trustee shall authenticate,
Definitive Registered Certificates and Global Securities at the Transfer Agent’s request. 
 (ii) No service
charge shall be made for any registration of transfer or exchange, but the Issuer may require payment of a sum sufficient to cover any taxes, assessments, or other governmental charges payable in connection therewith (other than any such taxes,
assessments or other governmental charges payable upon exchanges pursuant to Sections 2.10 and 9.05 of the Indenture and any mandatory offer to purchase Securities in a supplemental indenture). 

(iii) Prior to the due presentation for registration of transfer of any Security of any series, the Issuer, the Trustee,
each Paying Agent or the Registrar may deem and treat (in the case of a Global Security issued in bearer form) the Holder of such Security as determined as provided in Section 2.14 of the Indenture or (in any other case) the person in whose
name a Security is registered in the Register as the absolute owner of such Security for the purpose of receiving payment of principal of and interest on such Security and for all other purposes whatsoever, whether or not such Security is overdue,
and none of the Issuer, the Trustee, each Paying Agent or the Registrar shall be affected by notice to the contrary. 
 (iv) All Securities of any series exchanged pursuant to the terms of the Indenture shall evidence the same debt and shall be entitled to the same benefits under the Indenture as the exchanged Securities
of such series surrendered upon such transfer or exchange. 

  
 A-9

 (l) No Obligation of the Trustee 

(i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security of any series, a
member of, or a Participant or any other Person with respect to the accuracy of the records of the X/N System, the NBB or its nominee or of any Participant or Indirect Participant, with respect to any ownership interest in the Securities of any
series or with respect to the delivery to any participant, member, beneficial owner or other Person (other than the NBB) of any notice (including any notice of redemption or repurchase) or the payment of any amount, under or with respect to such
Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities of any series shall be given or made only to such Holders (which shall be the NBB or its nominee in the case of a
Global Security). The rights of beneficial owners in any Global Security of any series shall be exercised only through the X/N System and its Participants and Indirect Participants, subject to the Applicable Procedures. The Trustee may rely and
shall be fully protected in relying upon information furnished by the X/N System with respect to its members, Participants and any beneficial owners. 
 (ii) The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under the Indenture or under applicable law with respect to
any transfer of any interest in any Security (including any transfers between or among Participants, Indirect Participants, members or beneficial owners in any Global Security) other than to require delivery of such certificates and other
documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms of the Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof.

 2.4 Certain Provisions Relating to the Register 

(a) Access to the Register 
 Holders may, upon reasonable advance notice to the Registrar and during normal business hours, inspect the Register at the office of the Registrar. 

(b) Registration of Transfers in the Register 
 The Registrar shall receive requests for the exchange or Transfer of Definitive Registered Securities of any series in accordance with the Indenture and shall make the necessary entries in the Register.

  
 A-10Form of Global Security

 Exhibit 4.2 
 ISIN: BE6236131015 
 Common Code: 077213040 

No.: 1 

DELHAIZE GROUP SA/NV 
 4.125% SENIOR NOTE DUE 2019 
 DELHAIZE GROUP SA/NV, a company organized under the laws of
the Kingdom of Belgium (the “Issuer,” which term includes any successor entity), for value received promises to pay to the bearer upon presentation and surrender of this Global Security, the principal sum of three hundred million
U.S. Dollars ($300,000,000), on April 10, 2019. 
 Interest Payment Dates: April 10 and October 10 in each year

 Record Dates: April 1 and October 1 
 Reference is made to the further provisions of this Global Security contained herein, which shall for all purposes have the same effect as if set forth at this place. 

Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof (or an authentication agent) by manual
signature, this Security shall not be entitled to any benefits under the Indenture referred to on the reverse hereof or be valid or obligatory for any purpose. 
 IN WITNESS WHEREOF, the Issuer has caused this Global Security to be signed manually or by facsimile on its behalf. 
 DELHAIZE GROUP SA/NV 
  

											
		 	  
	 		 		 	  
	 	
	By:	 		 		 	By:	 		 	
	Name:	 		 		 	Name:	 		 	
	Title: Director	 		 	Title: Director	 	

 Dated:
                     

CERTIFICATE OF AUTHENTICATION 

This is one of the Securities issued and to be issued in one or more series under the Indenture referred to below. 

 

			
	 THE BANK OF NEW YORK MELLON,

	as Trustee
		
	By:	 	  

	Authorized Signatory

 4.125% Senior Security due 2019 

THIS GLOBAL NOTE IS ACCEPTED FOR CLEARANCE THROUGH THE X/N SYSTEM OPERATED BY THE NBB (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY) AND IS HELD
BY THE NBB FOR THE ACCOUNT OF THE PARTICIPANTS OF THE X/N SYSTEM, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (1) THE DOMICILIARY AGENT MAY AMEND THE “SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE” AS
MAY BE REQUIRED PURSUANT TO SUCH INDENTURE, (2) THIS GLOBAL NOTE MAY BE EXCHANGED, IN WHOLE OR IN PART, PURSUANT TO SUCH INDENTURE, (3) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11 OF SUCH
INDENTURE AND (4) THE NBB MAY ENTRUST THIS GLOBAL NOTE TO A SUBDEPOSITARY THAT WILL ACT AS AGENT AND FOR THE ACCOUNT OF THE NBB. THE AGREEMENT BETWEEN THE NBB AND THE SUBDEPOSITARY MAY NOT DEVIATE FROM THE PROVISIONS OF THE CLEARING AGREEMENT
(AS DEFINED IN THE INDENTURE GOVERNING THIS GLOBAL NOTE) IN RESPECT OF THIS GLOBAL NOTE. 
 ANY UNITED STATES PERSON WHO HOLDS THIS SECURITY
WILL BE SUBJECT TO LIMITATIONS UNDER THE UNITED STATES INCOME TAX LAWS INCLUDING THE LIMITATIONS PROVIDED IN SECTIONS 165(j) AND 1287(a) OF THE UNITED STATES INTERNAL REVENUE CODE. 
 This Global Security represents $300,000,000 in aggregate principal amount of notes (the Securities), in minimum denominations of $2,000 principal amount and any
integral multiple of $1,000 in excess of $2,000 issued by Delhaize Group SA/NV (the Issuer). The Securities are subject to the provisions of an indenture, dated as of February 2, 2009, between the Issuer and The Bank
of New York Mellon (as Trustee), as amended and supplemented from time to time (the Indenture).  
 This Global Security bears interest at the rate of 4.125% per annum on such principal sum payable semi-annually in arrears on April 10 and October 10 in each year beginning April 10,
2012 in accordance with the provisions of the Indenture. 
 The Securities will be redeemed at their principal amount on April 10, 2019,
unless redeemed prior to that date in accordance with the provisions of the Indenture, all as more particularly described in the Indenture. 

The Issuer was incorporated in 1867 and transformed into a public limited liability company (société anonyme/naamloze vennootschap)
by a notarial deed received on February 22, 1962 published in the Annexes to the Belgian Official Gazette (Moniteur belge/Belgisch Staatsblad) of March 3, 1962. The Issuer has an unlimited term. 

* * * 
 Cette Obligation
Collective représente des obligations d’un montant global de $300,000,000 (les Obligations), chacune d’une dénomination minimale de $2.000 et d’un multiple de $1.000 pour ce qui excède $2.000,
émises par Delhaize Group SA/NV (l’Emetteur). Les Obligations sont soumises aux conditions exposées dans un « indenture » conclu en date du 2 février 2009 entre
l’Emetteur et The Bank of New York Mellon (le Trustee), tel qu’ultérieurement modifié et complété (l’Indenture). 

Cette Obligation Collective porte intérêt au taux de 4.125% par an sur le montant principal payable semi-annuellement à
échéance chaque 10 avril et 10 octobre, et pour la première fois à compter du 10 avril 2012, conformément aux dispositions de l’Indenture. 
 Le montant en capital des Obligations sera remboursé le 10 avril 2019, ou à une date antérieure à laquelle le montant principal mentionné ci-dessous peut être
remboursé conformément aux dispositions de l’Indenture. 

  
 2 

 L’Emetteur a été constitué en 1867 et converti en société anonyme
soumise au droit belge par acte notarié du 22 février 1962, publié aux annexes du Moniteur Belge du 3 mars 1962. L’Emetteur a été constitué pour une durée illimitée. 

* * * 
 Dit
Totaalcertificaat vertegenwoordigt door een totale hoofdsom van $300,000,000 in obligaties (de Obligaties), in minimum coupures van $2.000 en integrale veelvouden van $1.000 voor het overschot uitgegeven door Delhaize Group
SA/NV (de Uitgever). De Obligaties zijn ondergeschikt aan de voorwaarden van een “indenture” van 2 februari 2009 tussen de Uitgever en The Bank of New York Mellon (als Trustee), zoals
eventueel later gewijzigd en aangevuld (de Indenture). 
 Dit Totaalcertificaat heeft een rentevoet van
4.125% per jaar op de hoofdsom betaalbaar op 10 april en 10 oktober van elk jaar beginnende op 10 april 2012 volgens de voorwaarden van de Indenture. 
 De Obligaties zullen teruggekocht worden voor hun hoofdsom op 10 april 2019, tenzij ze teruggekocht zijn vóór deze datum volgens de voorwaarden van de Indenture, zoals verder
gedetailleerd in de Indenture. 
 De Uitgever werd opgericht in 1867 en omgezet in een naamloze vennootschap door een notariële akte
van 22 februari 1962 gepubliceerd in de Bijlagen van het Belgisch Staatsblad van 3 maart 1962. De Uitgever is opgericht voor een onbepaalde duur. 
  

	1	Interest 

 DELHAIZE GROUP
SA/NV, a company organized under the laws of the Kingdom of Belgium (the “Issuer”), promises to pay interest on the principal amount of this Security at the rate per annum shown above. Interest on this Security will accrue from the
most recent date to which interest has been paid or, if no interest has been paid, from April 10, 2012. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, commencing October 10, 2012. Interest will be
computed on the basis of a 360-day year of twelve 30-day months. 
 The Issuer shall pay interest on overdue principal and on
overdue installments of interest from time to time on demand at the rate borne by the Securities (without regard to any applicable grace periods) to the extent lawful. 
  

	2	Method of Payment 

 The
Issuer shall pay interest on Securities (except defaulted interest) to the Persons who are Holders at the close of business on the April 1 or October 1 immediately preceding the Interest Payment Date even if Securities are canceled after
the record date and on or before the Interest Payment Date. The Issuer shall pay principal, premium, if any, and interest in U.S. dollars. Payments in respect of the Securities represented by a Global Security (including principal, premium, if any,
and interest) shall be made by wire transfer of immediately available funds to the accounts specified by the NBB or any successor operator of the X/N System. The Issuer will make all payments in respect of a Global Security deposited with the X/N
System (including principal, premium, if any, and interest), in accordance with the terms of the Clearing Agreement. If an Interest Payment Date is a date other than a Business Day, payment shall be made on the next succeeding day that is a Business
Day (without any interest or other payment in respect of such delay) with the same force and effect as if made on such interest payment date. 

  
 3 

	3	Paying Agent 

 The Issuer
may appoint and change any paying agent without notice. 
  

	4	Indenture 

 The Issuer
issued the Securities under an Indenture, dated as of February 2, 2009, between the Issuer and the Trustee, as amended and supplemented from time to time (the “Indenture”). Capitalized terms herein are used as defined in the
Indenture unless otherwise defined herein. This Security is one of a duly authorized issue of a series of Securities of the Issuer designated as its 4.125% Senior Securities due 2019 (the “Securities”). The terms of the Securities
include those terms and provisions stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (the “TIA”), as in effect on the date of the Indenture. Notwithstanding anything to the
contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and the TIA for a statement of such terms. To the extent any provision of the Securities conflicts with the express provisions of
the Indenture, the provisions of the Indenture shall govern and be controlling. Each Holder, by accepting a Security, agrees to be bound by all of the terms and provisions of the Indenture, as the same may be amended and supplemented from time to
time. 
  

	5	Optional Redemption 

 All
or a portion of the Securities may be redeemed at the Issuer’s option, at any time or from time to time in whole or in part at a redemption price equal to the greater of (i) 100% of the principal amount of the Securities being redeemed and
(ii) the sum of the present values of the remaining scheduled payments of principal and interest and liquidated damages, if any, on the Securities being redeemed (exclusive of interest accrued and unpaid to the redemption date) discounted to
the redemption date, on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 40 basis points as determined by the Reference Treasury Dealer, plus, in each case, accrued and unpaid interest on the
Securities being redeemed at the redemption date. 
 For purposes of this Section 5: 

“Treasury Rate” means, with respect to any redemption date, (1) the yield, under the heading which represents the
average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System
and which establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities”, for the maturity corresponding to the Comparable Treasury Issue (if no maturity is
within three months before or after the Remaining Life, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such
yields on a straight line basis, rounding to the nearest month) or (2) if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield-to-maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption
date. The Treasury Rate will be calculated on the third Business Day preceding the redemption date. 
 “Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining

  
 4 

 
term of the Securities to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of dollar denominated corporate
debt securities of a comparable maturity to the remaining term of such Securities; 
 “Comparable Treasury
Price” means, with respect to any redemption date, (a) the average of the Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or
(b) if the Issuer obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations; 

“Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Trustee after consultation
with the Issuer; 
 “Reference Treasury Dealer” means at any time (1) each of J.P. Morgan Securities LLC
and Merrill Lynch, Pierce, Fenner & Smith Incorporated or their affiliates which are primary U.S. Government securities dealers, and their respective successors; provided, however, that if any of the foregoing or their affiliates shall
cease to be a primary U.S. Government securities dealer in New York City (a “Primary Treasury Dealer”), the Issuer shall substitute therefor another Primary Treasury Dealer and (2) any other two Primary Treasury Dealers selected by
the Issuer; 
 “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and
any redemption date, the average, as determined by the Issuer, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by such Reference Treasury
Dealer at 3:30 p.m. New York time on the third Business Day preceding such redemption date. 
  

	6	Redemption for Taxation Reasons 

 The Issuer may, at its option, redeem the Securities in whole but not in part, at any time, upon giving not less than 30 nor more than 60 days’ notice to the Holders of the Securities (which notice
shall be irrevocable), at a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon, if any, to the redemption date (a “Tax Redemption Date”) and all Additional Amounts, if any, that
will become due on the Tax Redemption Date as a result of such redemption or otherwise (subject to the right of Holders of the Securities of record on the relevant record date to receive interest due on the relevant interest payment date), if the
Issuer determines that (1) on the occasion of the next payment due in respect of the Securities, it would be required to pay Additional Amounts and (2) the payment obligation cannot be avoided by the Issuer taking reasonable measures
available to it (including making payment through a paying agent located in another jurisdiction), as a result of: 
  

	 	(i)	any change in, or amendment to, the laws or treaties (or any regulations, protocols or rulings promulgated thereunder) of Belgium or any other Relevant Taxing
Jurisdiction affecting taxation, which change or amendment becomes effective on or after the Issue Date, 

  

	 	(ii)	any change in position regarding the application, administration or interpretation of such laws, treaties, regulations or rulings (including a holding, judgment or
order by a court of competent jurisdiction), which change, amendment, application or interpretation becomes effective on or after the Issue Date, or 

  
 5 

	 	(iii)	the issuance of Definitive Registered Securities due to: 

  

	 	(a)	the NBB ceasing to operate the X/N System and a successor is not able to be appointed by the Issuer within 15 days of the notification, 

 

	 	(b)	the notification by each of Euroclear and Clearstream that it is unwilling or unable to continue to act as, or ceases to be, a clearing agency in respect of the
Securities and a successor is not able to be appointed by the Issuer within 15 days of such notification, 

  

	 	(c)	DTC notifies the Issuer that it is unwilling or unable to continue to act as depositary or ceases to be a clearing agency registered under the Exchange Act and, in
either case, a successor depositary is not appointed by the book-entry depositary at the Issuer’s request within 15 days of such notification, or 

  

	 	(d)	if the book-entry depositary is at any time unwilling or unable to continue as book-entry depositary and a successor book-entry depositary is not appointed by the
Issuer within 120 days of such notification. 

 The notice of redemption may not be given earlier than 120 days
prior to the earliest date on which the Issuer would be obligated to make a payment or withholding if a payment in respect of the Securities were then due. Prior to the publication or, where relevant, mailing of any notice of redemption of the
Securities pursuant to the foregoing, the Issuer will deliver to the Trustee an Officers’ Certificate and an Opinion of Counsel to the effect that the circumstances referred to above exist. The Trustee shall accept, and shall be entitled to
rely upon, the Officers’ Certificate and opinion as sufficient evidence of the satisfaction of the conditions precedent described above, in which event it shall be conclusive and binding on the Holders of the Securities. 

 

	7	Additional Amounts 

 All
payments made under or with respect to the Securities shall be made free and clear of, and without withholding or deduction for or on account of, any present or future tax, duty, levy, impost, assessment or other governmental charge (including
related penalties, interest and other liabilities) (“Taxes”) imposed or levied by or on behalf of the government of the Kingdom of Belgium or any political subdivision or any authority or agency therein or thereof having power to
tax, or any other jurisdiction in which the Issuer is organized or is otherwise resident for tax purposes, or any jurisdiction from or through which payment is made (each, a “Relevant Taxing Jurisdiction”), unless the Issuer is
required to withhold or deduct Taxes by law or by the official interpretation or administration thereof. 
 If the Issuer is so
required to withhold or deduct any amount for or on account of Taxes imposed by a Relevant Taxing Jurisdiction from any payment made under or with respect to the Securities, the Issuer shall pay such additional amounts (“Additional
Amounts”) as may be necessary so that the net amount received by the Holders and beneficial owners of the Securities (including Additional Amounts) after such withholding or deduction will not be less than the amount the Holders and
beneficial owners of the Securities would have received if such Taxes had not been withheld or deducted; provided, however, that the foregoing obligation to pay Additional Amounts does not apply to: 

(1) any Taxes that would not have been imposed but for (a) the existence of any present or former connection between the relevant
Holder or beneficial owner of the Securities (or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such Holder or beneficial owner of the Securities, if such Holder or beneficial owner of the
Securities is an estate, trust, partnership, limited liability company or corporation) and the Relevant Taxing Jurisdiction 

  
 6 

 
(including, without limitation, such Holder (or such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or being or having been
present or engaged in trade or business therein or having had a permanent establishment therein) or (b) the presentation of a note (where presentation is required) for payment on a date more than 30 days after (x) the date on which such
payment became due and payable or (y) the date on which payment thereof is duly provided for, whichever occurs later; 
 (2)
any estate, inheritance, gift, sales, excise, transfer, personal property tax or similar tax, assessment or other governmental charge; 
 (3) any Taxes which are payable otherwise than by withholding from payments of (or in respect of) principal of, or any interest on, the Securities; 

(4) any Taxes that are imposed or withheld by reason of the failure to comply by the Holder or the beneficial owner of a Security with a
request by the Issuer addressed to the Holder or such beneficial owner (A) to provide information concerning the nationality, residence or identity of the Holder or such beneficial owner or (B) to make any declaration or other similar
claim or satisfy any information or reporting requirement, which, in the case of (A) or (B), is required or imposed by a statute, treaty, regulation or administrative practice of the Relevant Taxing Jurisdiction as a precondition to exemption
from all or part of such Tax; 
 (5) any Taxes that are required to be withheld or deducted on a payment to an individual
pursuant to European Union Council Directive 2003/48/EC regarding the taxation of savings income or any law implementing or complying with, or introduced in order to conform to, such Directive; 

(6) any Taxes that are required to be withheld or deducted on a payment to or on behalf of a Holder, who, at the time of such payment or
withholding, was not an Eligible Investor for reasons within such Holder’s control. An Eligible Investor for the purposes of this section means any investor which is referred to in Article 4 of the Royal Decree of May 26, 1994 on the
deduction of withholding tax and which holds the Securities in an exempt securities account in the X/N System; or 
 (7) any
combination of items (1), (2), (3), (4), (5) and (6) above. 
 The Issuer also will not be required to pay Additional
Amounts: 
 (a) if the payment could have been made without deduction or withholding if the beneficiary of the payment had
presented the Security for payment within 30 days after the date on which such payment or such Security became due and payable or the date on which payment thereof is duly provided for, whichever is later (except to the extent that such beneficiary
would have been entitled to Additional Amounts had such Security been presented on the last day of the 30-day period); 
 (b)
with respect to any payment of principal of (or premium, if any, on) or interest on such Security to any Holder official owner who is a fiduciary or partnership or any Person other than the sole beneficial owner of such payment, to the extent that a
beneficiary or settlor with respect to such fiduciary, a member of such a partnership or the beneficial owner of such payment would not have been entitled to the Additional Amounts had such beneficiary, settlor, member or beneficial owner been the
actual holder of such Security; or 
 (c) if such Security is presented for payments by or on behalf of a Holder or beneficial
owner who would be able to avoid a withholding or deduction by presenting the relevant Security to another paying agent in a Member State. 

  
 7 

 If the Issuer is obligated to pay Additional Amounts with respect to any payment under or
with respect to the Securities, the Issuer will deliver to the Trustee at least 30 days prior to the date of that payment (unless the obligation to pay Additional Amounts arises after the 30th day prior to that payment date, in which case the Issuer
shall notify the Trustee promptly thereafter) an Officers’ Certificate stating the fact that Additional Amounts will be payable and the amount so payable. The Officers’ Certificate must also set forth any other information necessary to
enable the paying agent to pay Additional Amounts to Holders and beneficial owners of the Securities on the relevant payment date. 
 Upon request, the Issuer will provide the Trustee with official receipts or other documentation satisfactory to the Trustee evidencing the payment of the Taxes with respect to which Additional Amounts are
paid. 
 Whenever in this Global Security there is mentioned, in any context, the payment of principal; purchase prices in
connection with a purchase of Securities; interest; or any other amount payable on or with respect to any of the Securities, that reference shall be deemed to include payment of Additional Amounts provided for in this section to the extent that, in
such context, Additional Amounts are, were or would be payable in respect thereof. 
 The Issuer will pay any present or future
stamp, court or documentary taxes or any other excise or property taxes, charges or similar levies that arise in any jurisdiction from the execution, delivery, enforcement or registration of the Securities, the Indenture or any other related
document or instrument, or the receipt of any payments with respect to the Securities, excluding taxes, charges or similar levies imposed by any jurisdiction outside of Belgium, the jurisdiction of incorporation of any successor of the Issuer or any
jurisdiction in which a paying agent is located, and the Issuer will agree to indemnify the Holders or the Trustee for any such taxes paid by the Holders or the Trustee. 
 The preceding provisions shall apply mutatis mutandis to any jurisdiction in which any successor to the Issuer is organized or any political subdivision or taxing authority or agency thereof or
therein. 
  

	8	Notice of Redemption 

Notice of redemption will be made in accordance with the Indenture. If money sufficient to pay the redemption price of and accrued and
unpaid interest on all Securities (or portions thereof) to be redeemed on the redemption date is deposited with the relevant paying agent on or before the redemption date, on and after such date interest ceases to accrue on such Securities (or
portions thereof) called for redemption. 
  

	9	Change of Control 

Section 1.1(m) of the Second Supplemental Indenture to the Indenture provides that, upon a Change of Control, each Holder of
Securities of this series will have the right, subject to certain conditions set forth in the Indenture, to require the Issuer to repurchase all or any part of such Holder’s Securities at a price equal to 101% of the aggregate principal amount
of the Securities repurchased plus accrued and unpaid interest, if any, to the date of repurchase. 
  

	10	Denominations: Transfer; Exchange 

 This Global Security is in bearer form, without coupons, in minimum denominations of U.S.$2,000 and integral multiples of U.S.$1,000 in excess of U.S.$2,000 with the minimum transferable principal amount
being U.S.$2,000. 

  
 8 

	11	Persons Deemed Owners 

The Person deemed to be the owner of this Global Security shall be determined in accordance with the Indenture. 

 

	12	Unclaimed Money 

 If money
for the payment of principal or interest remains unclaimed for two years, the Trustee and the relevant paying agent will pay the money back to the Issuer at its written request unless an abandoned property law designates another person. After any
such payment, Holders entitled to the money must look to the Issuer for payment as general creditors, and all liability of the Trustee and such paying agent with respect to such money shall cease. 

 

	13	Legal Defeasance and Covenant Defeasance 

 The Issuer may be discharged from its obligations under the Indenture and the Securities except for certain provisions thereof (“Legal Defeasance”) and may be discharged from its obligations to
comply with certain covenants contained in the Indenture (“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture. 

 

	14	Amendment: Supplement: Waiver 

 Subject to certain exceptions, the Indenture or the Securities may be amended, supplemented or otherwise modified pursuant to a supplemental indenture, and any past default or compliance with certain
provisions of the Indentures or the Securities may be waived, in each case only with the consent of Holders of more than 50% in aggregate principal amount of the outstanding Securities affected by such supplemental indenture or such waiver, which
consent may be obtained by voting (either in person or by proxy) at a duly convened meeting of the Holders. 
 Without the
consent of any Holder, the Issuer and the Trustee acting jointly may execute a supplemental indenture to take any of the following actions: 
  

	 	(i)	establish the form and terms of any series of Securities; 

  

	 	(ii)	cure any ambiguity, omission, defect or inconsistency; provided that such amendment does not, in the opinion of the Trustee, adversely affect the rights of any Holder
in any material respect; 

  

	 	(iii)	provide for the assumption by a successor corporation of the obligations of the Issuer under either Indenture; 

 

	 	(iv)	provide for uncertificated Securities in addition to or in place of certificated Securities (provided, however, that the uncertificated Securities are issued in
registered form for purposes of Section 163(f) of the Code, or in a manner such that the uncertificated Securities are described in Section 163(f)(2)(B) of the Code); 

 

	 	(v)	add to the covenants of the Issuer for the benefit of the Holders of the Securities or to surrender any right or power conferred upon the Issuer or any of its
Subsidiaries; 

  

	 	(vi)	make any change that does not in the opinion of the Trustee adversely affect the rights of any Holder, subject to the provisions of the Indentures;

  
 9 

	 	(vii)	provide for the issuance of Additional Securities; or 

  

	 	(viii)	comply with any requirement of the SEC in connection with the qualification of the Indenture under the TIA. 

 

	15	Successors 

 When a
successor assumes, in accordance with the Indenture, all the obligations of its predecessor under the Securities and the Indenture, the predecessor will be released from those obligations. 

 

	16	Defaults and Remedies 

 If
an Event of Default occurs (other than as a result of the bankruptcy provisions or the winding up provisions) and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding by notice to the
Issuer may declare principal or and accrued but unpaid interest on all the Securities to be due and payable in the manner, at the time and with the effect provided in the Indenture. If an Event of Default relating to certain events of the bankruptcy
provisions or the winding up provisions, the unpaid principal of and interest on all the Securities shall become immediately due and payable without any declaration or other act on the part of the Trustee or any Holders. Under certain circumstances,
the Holders of a majority in principal amount of the Securities then outstanding may rescind any such acceleration with respect to the Securities and its consequences. 
 Subject to the provisions of each Indenture relating to the duties of the Trustee, in case an Event of Default occurs and is continuing, the Trustee shall be under no obligation to exercise any of the
rights or powers under such Indenture at the request or direction of any of the Holders of the Securities unless the Trustee has been offered an indemnity or security satisfactory to the Trustee against any loss, liability or expense. Except to
enforce the right to receive payment of principal, premium (if any) or interest when due, no Holder may pursue any remedy with respect to the Securities or the Indenture unless: 

 

	 	(i)	such Holder has previously given the Trustee notice that an Event of Default is continuing, 

 

	 	(ii)	the Holders of at least 25% in aggregate principal amount of the then outstanding Securities have requested the Trustee in writing to pursue the remedy,

  

	 	(iii)	the Trustee has been offered security or indemnity satisfactory to the Trustee against any loss, liability or expense, 

 

	 	(iv)	the Trustee has not complied with such request within 60 days after the receipt of the request and the offer of security or indemnity satisfactory to the Trustee, and

  

	 	(v)	the Holders of a majority in aggregate principal amount of the then outstanding Securities have not given the Trustee a direction inconsistent with such request within
such 60-day period. 

 Subject to certain restrictions, the Holders of a majority in aggregate principal amount of
the then outstanding Securities shall be given the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. The Trustee, however,
may refuse to follow any direction that the Trustee determines (after consultation with counsel) conflicts with law or the Indenture or that the Trustee determines is unduly prejudicial to the rights of any other Holder or that may involve the
Trustee in personal liability. Prior to taking any action under the Indenture, the Trustee shall be entitled to indemnification satisfactory to it in its sole discretion against all losses and expenses caused by taking or not taking such action.

  
 10 

	17	Trustee Dealings with Issuer 

 Subject to certain limitations imposed by the TIA, the Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal with the
Issuer, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
  

	18	No Recourse Against Others 

A director, officer, employee or shareholder, as such, of the Issuer shall not have any liability for any obligations of the Issuer under
the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security, each Holder waives and releases all such liability. The waiver and release are part of the
consideration for the issue of the Securities. 
  

	19	Authentication 

 This
Security shall not be valid until the Trustee (or an authentication agent) manually signs the certificate of authentication on this Security. 
  

	20	Governing Law 

 THE
INDENTURE AND THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER
JURISDICTION WOULD BE REQUIRED THEREBY. 
  

	21	Abbreviations and Defined Terms 

 Customary abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right
of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 
  

	22	Common Codes and ISIN Numbers 

 The Issuer has caused the common codes and ISIN numbers to be printed on the Securities and has directed the Trustee to use common codes and ISIN numbers in notices of redemption as a convenience to the
Holders of the Securities. No representation is made as to the accuracy of such numbers as printed on the Securities or as contained in any notice of redemption and reliance may be placed only on the other identification numbers printed hereon.

  

	23	Indenture 

 Each Holder,
by accepting a Security, agrees to be bound by all of the terms and provisions of the Indenture, as the same may be amended or supplemented from time to time. 
 The Issuer will furnish to any Holder of a Security upon written request and without charge a copy of the Indenture, which has the text of this Security in larger type. Requests may be made to: Delhaize
Group 

  
 11 

 
Investor Relations Department, Square Marie Curie 40 at B-1070 Brussels, Belgium (+32 2 412 21 51, investor@delhaizegroup.com) or Delhaize Group U.S. Investor Relations Department P.O. Box 1330,
2110 Executive Drive Salisbury NC 28145-1330, United States (+1 704 633 82 50 (ext. 2529), investor@delhaizegroup.com). 
 * * *

 The Securities will benefit from the cross guarantee agreement dated as of May 21, 2007, among the Issuer, Delhaize America and
substantially all of Delhaize America’s subsidiaries, as supplemented by the Joinder Agreement, dated December 18, 2009 by Delhaize US Holding, Inc. (the Cross Guarantee Agreement). 

Under the Cross Guarantee Agreement each company party to the agreement guarantees fully and unconditionally, jointly and severally Delhaize Group
existing financial indebtedness, Delhaize America existing financial indebtedness, specific financial indebtedness of two European subsidiaries of Delhaize Group and all future unsubordinated financial indebtedness of the parties to the agreement.

 If any sum owed to a creditor by a guarantor pursuant to its guarantee under the Cross Guarantee Agreement is not recoverable from such
guarantor for any reason whatsoever, then such guarantor is obligated, forthwith upon demand by such creditor, to pay such sum by way of a full indemnity. 
 On the date of this Global Security the parties to the Cross Guarantee Agreement are Delhaize Group, Delhaize US Holding, Inc., Delhaize America, LLC, Food Lion, LLC, Hannaford Bros. Co., Kash N’
Karry Food Stores, Inc., FL Food Lion, Inc., Risk Management Services, Inc., Hannbro Company, Martin’s Foods of South Burlington, Inc., Boney Wilson & Sons, Inc., J.H. Harvey Co., LLC, Hannaford Licensing Corp., and Victory
Distributors, Inc. 
 As of the date of this Global Security, the outstanding amount of notes previously issued by the Issuer is shown in the
table below: 
  

															
	 Currency
	  	Maturity	  	Coupon	 	 	Amount issued	 	  	Outstanding amount	 
					
	 EUR
	  	27 June 2014	  	 	5,625	% 	 	€	500,000,000	  	  	€	308,933,000	  
					
	 USD
	  	1 February 2014	  	 	5,875	% 	 	$	300,000,000	  	  	$	300,000,000	  
					
	 USD
	  	15 June 2017	  	 	6,500	% 	 	$	450,000,000	  	  	$	450,000,000	  
					
	 USD
	  	1 October 2040	  	 	5,700	% 	 	$	827,163,000	  	  	$	826,888,000	  
					
	 EUR
	  	19 October 2018	  	 	4,250	% 	 	€	400,000,000	  	  	€	400,000,000	  

 All the above-mentioned notes benefit from the Cross Guarantee Agreement. 

  
 12 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Security purchased by the Issuer pursuant to Section 1.1(m) of the Second Supplemental Indenture to the Indenture,
check the box: 
  ̈ If you want to elect to have only part of this Security
purchased by the Issuer pursuant to Section 1.1(m) of the Second Supplemental Indenture to the Indenture, state the amount you elect to have purchased: 
 U.S.$ 
 Dated:
                     
 NOTICE: The
signature on this option must correspond with the name as it appears upon the face of this Security in every particular without alteration or enlargement or any change whatsoever and be guaranteed by the endorser’s bank or broker. 

Signature Guarantee: 

  
 13 

 SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE 

The following increases or decreases in this Global Security have been made: 

 

									
	 Date of exchange
	  	Amount of
decrease in
Principal Amount
of this Global
Security	  	Amount of
increase in
Principal Amount
of this Global
Security	  	Principal Amount
of this Global
Security following
such decrease or
increase	  	Signature of
authorized
signatory of
Trustee or
custodian
		  		  		  		  	

  
 14

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