Walmart Inc. — fact timeline

Walmart Inc.: Approved an amendment to the certificate of incorporation to limit officer liability to fullest extent permitted under Delaware law, reflecting updated Delaware officer exculpation provisions (effective 2026-06-04).

“On June 4, 2026, Walmart Inc. (the "Company") held its Annual Shareholders' Meeting (the "Meeting"). At the Meeting, the Company's shareholders approved an amendment (the "Charter Amendment") to the Company's Restated Certificate of Incorporation, as amended from time to time (the "Certificate of Incorporation"), to limit the liability of certain officers of the Company to the fullest extent permitted under Delaware law.”

Walmart Inc. shareholders rejected Shareholder proposal requesting a report on the workforce impact of AI and automation at the 2026-06-05 meeting.

“Finally, the Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on the workforce impact of AI and automation. The votes on this proposal were as follows: For Against Abstain Broker Non-Votes 323,453,709 6,138,362,361 68,759,366 633,971,647”

Walmart Inc. shareholders rejected Shareholder proposal requesting a report on immigration policy and enforcement at the 2026-06-05 meeting.

“The Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on immigration policy and enforcement. The votes on this proposal were as follows: For Against Abstain Broker Non-Votes 278,449,353 6,174,725,696 77,400,387 633,971,647”

Walmart Inc. shareholders rejected Shareholder proposal requesting a report on workplace health and safety governance at the 2026-06-05 meeting.

“Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on workplace health and safety governance. The votes on this proposal were as follows: For Against Abstain Broker Non-Votes 433,230,655 6,013,774,452 83,570,329 633,971,647”

Walmart Inc. shareholders rejected Shareholder proposal requesting cumulative voting for board elections at the 2026-06-05 meeting.

“The Company's shareholders voted upon and rejected a shareholder proposal requesting cumulative voting for board elections. The votes on this proposal were as follows: For Against Abstain Broker Non-Votes 122,306,285 6,390,550,159 17,718,992 633,971,647”

Walmart Inc. shareholders approved Approval of an Amendment to the Certificate of Incorporation at the 2026-06-05 meeting.

“Approval of an Amendment to the Certificate of Incorporation. The Company's shareholders voted upon and approved the Charter Amendment . The votes on this proposal were as follows: For Against Abstain Broker Non-Votes 6,153,086,052 370,166,105 7,323,279 633,971,647”

Walmart Inc. shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2026-06-05 meeting.

“Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in the Proxy Statement. The votes on this proposal were as follows: For Against Abstain Broker Non-Votes 6,263,129,484 256,160,712 11,285,240 633,971,647”

Walmart Inc. shareholders approved Ratification of Independent Accountants at the 2026-06-05 meeting.

“Company Proposals Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2027. The votes on this proposal were as follows: For Against Abstain 6,985,709,983 172,769,575 6,067,525 There were no broker non-votes with respect to this proposal.”

Walmart Inc. shareholders approved Election of Directors at the 2026-06-05 meeting.

“Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Proxy Statement. The following table sets forth the vote of the shareholders at the Meeting with respect to the election of directors: Nominee For Against Abstain Broker Non-Votes Cesar Conde 6,475,579,143 50,164,479 4,831,814 633,971,647 Sarah J. Friar 6,514,321,598 11,700,270 4,553,568 633,971,647 John R. Furner 6,485,530,053 40,316,465 4,728,918 633,971,647 Carla A. Harris 6,352,545,569 173,494,253 4,535,614 633,971,647 Thomas W. Horton 6,413,736,523 111,888,677 4,950,236 633,971,647 Marissa A. Mayer 6,466,604,047 59,398,938 4,572,451 633,971,647 Shishir Mehrotra 6,492,644,977 32,899,188 5,031,271 633,971,647 Robert E. Moritz, Jr. 6,465,496,802 60,064,343 5,014,291 633,971,647 Gregory B. Penner 6,348,541,000 177,035,049 4,999,387 633,971,647 Randall L. Stephenson 6,274,541,334 247,546,757 8,487,345 633,971,647 Steuart L. Walton 6,484,”

Walmart Inc. reported the three months ended April 30, 2026 results: revenue $177.8 billion, EPS $0.67. Guidance reaffirmed.

“almart reports first quarter results • Revenue growth of 7.3%, up 5.9% in constant currency (cc) 1 • Operating income growth of 5.0%, up 5.1% adjusted (cc) 1 • eCommerce sales up 26% globally • GAAP EPS of $0.67; Adjusted EPS 1 of $0.66 • Company issues guidance for Q2; reiterates outlook for FY27 “ BENTONVILLE, Ark., May 21, 2026 – Walmart Inc.”

Robert E. Moritz, Jr. was appointed as director at Walmart Inc..

“Effective as of August 15, 2024, the Board of Directors (the "Board") of Walmart Inc. ("Walmart") appointed Robert E. Moritz, Jr. as a member of the Board.”

Walmart Inc. updated its the three months ended April 30, 2024 guidance (raised).

“Walmart Inc., a Delaware corporation (the "Company"), is furnishing to the SEC a press release that the Company will issue on May 16, 2024 (the "Press Release") and a financial presentation that will be first posted by the Company on the Company’s website at http://stock.walmart.com on May 16, 2024 (the "Financial Presentation"). The Press Release and the Financial Presentation will disclose information regarding the Company's results of operations and cash flows for the three months ended April 30, 2024, and the Company's financial condition as of April 30, 2024.”

Walmart Inc.: The company filed a Certificate of Amendment to effect a 3-for-1 forward stock split and proportionally increase authorized shares from 11,000,000,000 to 33,000,000,000 (effective 2024-02-23).

“The Company filed the Certificate of Amendment after the close of trading on February 23, 2024, and it became effective upon acceptance of the filing by the Secretary of State of the State of Delaware (the “Effective Time”). The Certificate of Amendment effected the Stock Split and also proportionately increased the number of shares of authorized Common Stock from 11,000,000,000 to 33,000,000,000.”

Walmart Inc. updated its the three months and fiscal year ended January 31, 2024 guidance (initiated).

“The Press Release and the Financial Presentation will disclose information regarding the Company's results of operations and cash flows for the three months and fiscal year ended January 31, 2024, and the Company's financial condition as of January 31, 2024.”

Walmart Inc. updated its three and nine months ended October 31, 2023 guidance (raised).

“The Press Release and the Financial Presentation will disclose information regarding the Company's results of operations and cash flows for the three and nine months ended October 31, 2023, and the Company's financial condition as of October 31, 2023.”

Walmart Inc. reported financial results for the three and six months ended July 31, 2023.

“Walmart Inc., a Delaware corporation (the "Company"), is furnishing to the SEC a press release that the Company will issue on August 17, 2023 (the "Press Release") and a financial presentation that will be first posted by the Company on the Company's website at http://stock.walmart.com on August 17, 2023 (the "Financial Presentation"). The Press Release and the Financial Presentation will disclose information regarding the Company's results of operations and cash flows for the three and six months ended July 31, 2023, and the Company's financial condition as of July 31, 2023.”

Kathryn McLay was appointed as Executive Vice President, President and Chief Executive Officer, Walmart International at Walmart Inc..

“On August 14, 2023, Kathryn McLay, age 49, was appointed Executive Vice President, President and Chief Executive Officer, Walmart International, effective September 11, 2023.”

Judith McKenna departed as Executive Vice President, President and Chief Executive Officer, Walmart International at Walmart Inc..

“On August 14, 2023, Judith McKenna, age 57, the Company’s Executive Vice President, President and Chief Executive Officer, Walmart International, notified Walmart Inc. (the “Company”) of her intent to retire from the Company, effective as of the close of business January 31, 2024 (the “Retirement Date”).”

Walmart Inc. shareholders rejected Shareholder proposal request to require shareholder approval of certain future bylaw amendments at the 2023-05-31 meeting.

“The Company's shareholders voted upon and rejected a shareholder proposal request to require shareholder approval of certain future bylaw amendments.”

Walmart Inc. shareholders rejected Shareholder proposal requesting a racial equity audit at the 2023-05-31 meeting.

“The Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit.”

Walmart Inc. shareholders rejected Shareholder proposal requesting a report on human rights due diligence at the 2023-05-31 meeting.

“The Company's shareholders voted upon and rejected a shareholder proposal requesting a report on human rights due diligence.”

Walmart Inc. shareholders rejected Shareholder proposal requesting a policy regarding worker pay in executive compensation at the 2023-05-31 meeting.

“The Company's shareholders voted upon and rejected a shareholder proposal requesting a policy regarding worker pay in executive compensation.”

Walmart Inc. shareholders approved Ratification of Independent Accountants at the 2023-05-31 meeting.

“Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fiscal year ending January 31, 2024.”

Walmart Inc. shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2023-05-31 meeting.

“Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in the Company's proxy statement dated April 20, 2023.”

Walmart Inc. shareholders approved Advisory Vote on the Frequency of Future Say-on-Pay Votes at the 2023-05-31 meeting.

“Advisory Vote on the Frequency of Future Say-on-Pay Votes. The Company's shareholders voted upon a nonbinding, advisory proposal regarding the frequency of future say-on-pay votes, as described in the Company's proxy statement dated April 20, 2023.”

Walmart Inc. shareholders approved Election of Directors at the 2023-05-31 meeting.

“Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 20, 2023.”

Walmart Inc. reported the three months ended April 30, 2023 results: revenue $152.3 billion, EPS GAAP EPS of $0.62; Adjusted EPS of $1.47. Guidance raised.

“operating income growing faster at 17.3% • eCommerce up 26% globally • GAAP EPS of $0.62; Adjusted EPS of $1.47 1 • Guides Q2 and raises FY24 outlook BENTONVILLE, Ark., May 18, 2023 – Walmart Inc.”

Walmart Inc.: Amended and restated bylaws to enhance shareholder nomination procedures, reflect DGCL changes, and make other updates (effective 2022-11-10).

“On November 10, 2022, in connection with the new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law and a periodic review of the bylaws of Walmart Inc. (the “Company”), the Board of Directors (the “Board”) of the Company adopted and approved amended and restated bylaws (the “Amended and Restated Bylaws”), effective immediately.”

Walmart Inc. updated its full-year outlook guidance (raised).

“Company raises full-year outlook on strong results for Q3”

Walmart Inc. reported Q3 FY23 results: EPS GAAP EPS of ($0.66); Adjusted EPS 2 of $1.50.

“Q3 FY23 GAAP EPS of ($0.66); Adjusted EPS 2 of $1.50”

Walmart Inc. reported three and nine months ended October 31, 2022 results: revenue $152.8 billion.

“Total revenue was $152.8 billion, up 8.7%, or 9.8% in constant currency 2 .”

John David Rainey was appointed as Executive Vice President and Chief Financial Officer at Walmart Inc..

“On April 7, 2022, John David Rainey, age 51, was appointed Executive Vice President and Chief Financial Officer of Walmart Inc. (the “Company”), effective June 6, 2022.”

M. Brett Biggs departed as Executive Vice President and Chief Financial Officer at Walmart Inc..

“On November 26, 2021, M. Brett Biggs, age 53, the Company’s Executive Vice President and Chief Financial Officer, notified Walmart Inc. (the “Company”) of his intent to retire as the Company’s Executive Vice President and Chief Financial Officer”