Walmart Releases 2024 Annual Report and Proxy Statement - Seite 2

“As our business continues to evolve to serve our customers, it is imperative that our Board evolves as well […] Brian is a dynamic leader with a passion for excellence. I am confident that his experience in retail, marketing and brand management, and engaging with associates and customers will be a strategic asset to your Board.”

- Tom Horton, Lead Independent Director, Walmart Board of Directors

2024 Annual Report Highlights

In his annual letter to shareholders and associates, Walmart President and Chief Executive Officer, Doug McMillon, expressed his appreciation for our associates who drove this year’s strong performance, and he highlighted the investments the company has made to support associates and help them thrive.

“We’ve made important investments in our associates that include, and go beyond, wage increases […] We continue to invest in healthcare and other benefits, including educational opportunities […] We’ve committed to invest $1 billion in career-driven training and development by 2026. And to help us move quickly on our goals, we’ve more than doubled the number of skills certificates paid for through our Live Better U education benefit. We want to do more than create jobs. We want to enable careers and help build wealth.”

McMillon went on to note the resources Walmart is putting towards its associates and culture to be a people-led, tech-powered omnichannel retailer, with a focus on utilizing today’s technologies to fuel its progress.

2024 Annual Shareholders’ Meeting and Proposal Voting

The company’s 2024 Annual Shareholders’ Meeting will be held in a virtual meeting format only. Shareholders of record as of April 12, 2024, can attend the meeting online. The live audio webcast of the meeting will begin on June 5, 2024, at 10:30 a.m. CDT.

Shareholders who held shares as of the close of business on the record date of April 12, 2024, will be able to vote their shares before the meeting in the following ways:

• Online at www.proxyvote.com;
• Calling 1-800-690-6903;
• Mailing a completed proxy card or voting instruction form; or
• On their mobile device by scanning the QR code on the proxy card, notice of internet availability, or voting instruction form.

Shareholders may also vote while logged in and participating in the 2024 Annual Shareholders’ Meeting at www.virtualshareholdermeeting.com/WMT2024.