Walmart Announces 2020 Formal Business and Annual Shareholders’ Meeting Voting Results

Walmart Inc. (NYSE: WMT) today announced shareholder voting results for its Formal Business and Annual Shareholders’ Meeting, which was conducted by a virtual meeting due to the public health impact from the coronavirus outbreak (COVID-19). Approximately 91.7 percent of all outstanding shares were represented at the meeting.

During the business meeting, Walmart President and CEO Doug McMillon commented, “Despite operating in a difficult and volatile environment, our associates have been amazing. They have performed incredibly well given all the challenges. The killing of George Floyd is tragic, painful and unacceptable. It’s important that we all understand that our problems, as a nation, run much deeper than one horrible event. The pain we’re feeling reminds us of the need to support each other and come together. Until we, as a nation, confront and address these hard realities, we will never achieve the best of what we can be. Walmart is an inclusive company. That is fundamental to our values and culture and we remain committed to those principles. We’re motivated to continue our work related to diversity and inclusion inside our company and to find ways to influence the various systems that exist in our country in a more impactful, positive and inclusive way. In terms of our response to the COVID-19 pandemic, we are grateful to our associates from around the world. They are stepping up to serve our customers, communities and shareholders. Our plan is to continue finding ways to help and serve. We’re thankful to have a strong and well-positioned business from which to do so.”

The company reported that shareholders approved the election of each of Walmart’s 11 director nominees. Each director nominee received affirmative votes from approximately 96.5 percent or more of the shares voted, excluding abstentions and broker non-votes, as follows (all percentages are rounded):

Director Nominee	For
Cesar Conde	99.7
Timothy P. Flynn	99.3
Sarah J. Friar	99.7
Carla A. Harris	99.1
Thomas W. Horton	96.7
Marissa A. Mayer