Walmart Announces 2020 Formal Business and Annual Shareholders’ Meeting Voting Results - Seite 2

99.3

C. Douglas McMillon

99.3

Gregory B. Penner

96.5

Steven S Reinemund

98.3

S. Robson Walton

97.0

Steuart L. Walton

97.1

Shareholders voted to approve, on a non-binding, advisory basis, the compensation of Walmart’s named executive officers described in Walmart’s 2020 proxy statement, with approximately 94.3 percent of the participating shares voting in favor of this proposal. The Board of Directors had recommended a vote for this proposal.

Shareholders also ratified the appointment of Ernst & Young LLP as Walmart’s independent accountants, with affirmative votes from approximately 98.5 percent of the participating and entitled shares. The Board of Directors had recommended a vote for this proposal.

Shareholders also voted to approve an Amendment to the ASDA Sharesave Plan, making available an additional 10 million Shares to be available for issuance under the plan, with approximately 98.1 percent of the participating shares voting in favor of this proposal. The Board of Directors had recommended a vote for this proposal.

The Board of Directors had recommended a vote against each of the four shareholder proposals, and each proposal failed to receive affirmative votes from a majority of the total participating and entitled shares that were represented at the meeting and, accordingly, did not pass.

• Request to report on impacts of single-use plastic bags: Approximately 17.0 percent of the participating shares that were entitled to vote.

• Request to report on supplier antibiotics use standards: Approximately 3.8 percent of the participating shares that were entitled to vote.

• Request to include hourly associates as director candidates: Approximately 1.9 percent of the participating shares that were entitled to vote.

• Request to report on strengthening prevention of workplace sexual harassment: Approximately 13.2 percent of the participating shares that were entitled to vote.

The official voting results for each item voted on by shareholders will be disclosed in a report to be filed Friday with the Securities and Exchange Commission.