Walmart shareholders elect 12 directors, ratify EY, approve say-on-pay and 2025 Stock Incentive Plan

Walmart Inc.

All 12 director nominees elected; each received >6.4B votes for. Cesar Conde had 6.62B for, 47.2M against.
Advisory say-on-pay approved: 6.34B for, 319.8M against, 9.9M abstain.
Walmart Inc. Stock Incentive Plan of 2025 adopted: 6.54B for, 112.8M against.
Ratification of Ernst & Young as independent auditor for FY26 passed: 7.14B for, 164.3M against.
All six shareholder proposals rejected; highest support was health and safety governance review with 463.7M for (6.2% of votes cast).

item 5.07

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