RAIA DROGASIL S.A. CNPJ/MF: 61.585.865/0001-51 NIRE: 35.300.035.

844 Minutes of the Board of Directors Meeting held on July 1st, 2013

Date, time, and place: Held on the 1st day of July, 2013, at 10:30 a.m., at the head office of Raia Drogasil S.A. (Company), located in the City of So Paulo, State of So Paulo, at Avenida Corifeu de Azevedo Marques, No. 3,097, Butant, Zip Code 05339900. Attendance: All of the members of the Board of Directors of the Company. Chair: President: Antonio Carlos Pipponzi; Secretary: Renato Pires Oliveira Dias. Agenda: Resolve upon: (i) the resignation presented by the Executive Director of the Company from his post as CEO and as member of the the Companys Expansion, Strategic, Personnel and Finance committees; and (ii) the appointment of the new Executive Director of the Company and member of the committees indicated in item i above. Resolutions: After the agenda of the meeting was reviewed, the members of the Board of Directors of the Company, by unanimous vote: (i) accepted the resignation of Mr. Cludio Roberto Ely from his post of Executive Director of the Company, to which he was appointed by means of the Ordinary and Extraordinary Shareholders Meeting, held on April 29th, 2013, and to his post as member of the Companys Expansion, Strategic, Personnel and Finance committees, to which he was appointed by means of the Board of Directors Meeting of the Company held on the same date; and (ii) appoint, pursuant to the terms of Article 8, item i, of the By-Laws of the Company, Mr. Marclio DAmico Pousada, Brazilian, married, business administrator, bearer of the Identity Card RG No. 15,139,490 SSP/SP and enrolled with the CPF/MF under No. 066,548,318-02, with office in the City of So Paulo, State of So Paulo, at Avenida Corifeu de Azevedo Marques, No. 3,097, to the post of Executive Director of the Company and member of the committees of the Companys Expansion, Strategic, Personnel and Finance, all with a term of office until the first Board of Directors Meeting of the Company held after the General Shareholders Meeting to be held in the

fiscal year of 2015, along with the termination of the term of office of the other members of the Board of Directors and of the referred committees. The Director appointed hereby shall assume his office by means of the execution of the instrument of investiture, declaring, under the penalties of law, that he acknowledges the terms of article 147 of Law No. 6,404/76, and that he is not prevented by a special law, nor has been sentenced or is under the effects of a judgment to a penalty that prevents him from, permanently or temporarily, occupying public offices, or due to bankruptcy, malfeasance, bribery or payoff, graft or embezzlement crimes; or due to crime against the welfare, the national financial system, public faith or property. As a condition to the his investiture, the Director shall sign the Instrument of Consent of Directors, pursuant to the terms of the Regulation of the Novo Mercado of BM&F BOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros (the So Paulo Stock Exchange). Conclusion: As there was nothing further to be discussed, the meeting was closed and these minutes were drafted, read and signed by all those in attendance: (a) Antonio Carlos Pipponzi President; Renato Pires Oliveira Dias Secretary; (b) Antonio Carlos Pipponzi; Carlos Pires Oliveira Dias; Renato Pires Oliveira Dias; Cristiana Almeida Pipponzi; Jairo Eduardo Loureiro, Paulo Srgio Coutinho Galvo Filho, Hector Nunez, Andr Rizzi de Oliveira and Jos Paschoal Rossetti. This is a free translation of the original minutes drawn up in the Companys records.