Uniquely Walmart

1 Uniquely Walmart2021 Annual ReportKey Highlights for FY 2021 Launched Express Delivery$ Billion in operating cash Walmart comp salesRevenue grew $35 Billion YOYPaid $ Billion for associate special cash bonuses$ Billion in returns to shareholdersLaunched Walmart +Launched Walmart ConnectLaunched curbside pickup at all Sam s Clubs$ Billion in revenueAnnualized PhonePe Total Payment Value of ~$300 BillioneCommerce marketplace grew triple-digits Announced wage increases for 590K associates+$ * )* * )) +( * ) $ . $ %## )) %$-1C89>7D?> 0000000000000000000000000000000000000000 000 %(# !

2 0000000000000000000000000000000000000000 000 >>E1< B5@?BD @EBCE1>D D? C53D9?> ?B 4 ?6 D85 )53EB9D95C H381>75 3D ?6 !DG I=: ;>H86A N:6G :C9:9 %6CJ6GN DG *B1>C9D9?> B5@?BD @EBCE1>D D? C53D9?> ?B 4 ?6 D85 )53EB9D95C H381>75 3D ?6 DBB>HH>DC ;>A: CJB7:G 0000000000000000000000000000000000000000 000 - "# (* $ H13D >1=5 ?6 B579 CDB1>D 1C C@5396954 9> 9DC 381BD5B 0000000000000000000000000000000000000000 000 .I6I: DG DI=:G ?JG>H9>8I>DC D;>C8 DGEDG6I>DC DG DG<6C>O6I>DC $-. BEADN:G $9:CI>;>86I>DC )D ) - D8 )DB55D 5>D?>F9<<5 ( 99G:HH D; EG>C8>E6A :M:8JI>K: D;;>8:H 5>E D9: (579 CDB1>D C D5<5@8?

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

5 :: I=: 9:;>C>I>DCH D; A6G<: 688:A:G6I:9 ;>A:G 688:A:G6I:9 ;>A:G HB6AA:G G:EDGI>C< 8 DBE6CN 6C9 :B:G<>C< <GDLI= 8 DBE6CN >C -JA: 7 D; I=: M8=6C<: 8I '6G<: 88:A:G6I:9 !>A:G 88:A:G6I:9 !>A:G )DC 88:A:G6I:9 !>A:G .B6AA:G -:EDGI>C< DBE6CN B:G<>C< "GDLI= DBE6CN $; 6C :B:G<>C< <GDLI= 8 DBE6CN >C9>86I: 7N 8=:8@ B6G@ >; I=: G:<>HIG6CI =6H :A:8I:9 CDI ID JH: I=: :MI:C9:9 IG6CH>I>DC E:G>D9 ;DG 8 DBEAN>C< L>I= 6CN C:L DG G:K>H:9 ;>C6C8>6A 688 DJCI>C< HI6C96G9H EGDK>9:9 EJGHJ6CI ID .:8I>DC 6 D; I=: M8=6C<: 8I $C9>86I: 7N 8=:8@ B6G@ L=:I=:G I=: G:<>HIG6CI =6H ;>A:9 6 G:EDGI DC 6C9 6II:HI6I>DC ID >IH B6C6<:B:CIXH 6HH:HHB:CI D; I=: :;;:8I>K:C:HH D; >IH >CI:GC6A 8 DCIGDA DK:G ;>C6C8>6A G:EDGI>C< JC9:G.

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

9 %( * ) " / ( $ $+ (/ AA G:;:G:C8:H >C I=>H CCJ6A -:EDGI DC !DGB DGB6I>DC >C8 DGEDG6I:9 >CID I=>H CCJ6A -:EDGI DC !DGB :G:C8: ID >C;DGB6I>DC >C I=: +GDMN .I6I:B:CI D; 26AB6GI $C8 ;DG >IH CCJ6A .=6G:=DA9:GH (::I>C< ID 7: =:A9 DC %JC: 6C9 >C I=: :M=>7>IH ID I=>H CCJ6A -:EDGI DC !DGB & ID 26AB6GI $C8 26AB6GI I=: DBE6CN DJG DBE6CN L: JH 6C9 DJG 6G: ID I=: :A6L6G: 8 DGEDG6I>DC C6B:9 26AB6GI $C8 6C9 :M8:EI L=:G: :MEG:HHAN CDI:9 DI=:GL>H: DG I=: 8 DCI:MI DI=:GL>H: G:FJ>G:H I=6I 8 DGEDG6I>DC H 8 DCHDA>96I:9 HJ7H>9>6G>:H & (* 1ED9?>1BI )D1D5=5>D (571B49>7 ?BG1B4 "??;9>7 )D1D5=5>DC/=>H CCJ6A -:EDGI DC !)))

10 DGB & 6C9 DI=:G G:EDGIH HI6I:B:CIH 6C9 >C;DGB6I>DC I=6I 26AB6GI $C8 L=>8= >C9>K>9J6 AAN DG ID<:I=:G L>I= >IH HJ7H>9>6G>:H 6H I=: 8 DCI:MI DI=:GL>H: G:FJ>G:H >H G:;:GG:9 ID 6H L: 26AB6GI DG I=: DBE6CN =6H ;>A:9 L>I= DG ;JGC>H=:9 ID I=: .:8JG>I>:H 6C9 M8=6C<: DBB>HH>DC . DG B6N ;>A: L>I= DG ;JGC>H= ID I=: . >C I=: ;JIJG: 6C9 EG>DG DG ;JIJG: EJ7A>8 6 CCDJC8:B:CIH 6C9 EG:H:CI6I>DCH I=6I L: DG DJG B6C6<:B:CI =6K: B69: DG B6N B6@: >C8AJ9: DG B6N >C8AJ9: DG >C8 DGEDG6I: DG B6N >C8 DGEDG6I: 7N G:;:G:C8: HI6I:B:CIH I=6I B6N 7: 9::B:9 ID 7: ;DGL6G9 ADD@>C< HI6I:B:CIH L>I=>C I=: B:6C>C< D.