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N O TI Engagement in public policy C U D O We aim to support public policy that is in the interest of our business, customers, associates NTR I and other stakeholders. Issues of focus include climate change, corporate tax policy, Y healthcare, individual data privacy, marketplace trust and transparency, racial equity, trade T I N and U.S. manufacturing. We believe transparency builds trust with our stakeholders and aids TU R O P in making the public case on our priority issues. P O Y Governance. Walmart’s Government Relations Policy Trade associations. Walmart is a member of trade associations T I (updated and republished in 2022) sets forth our policies and and coalitions that the company believes can assist us in IL B procedures relating to interactions with public officials, political achieving our long-term strategic objectives. Some of these A IN contributions, trade association memberships and reviews, trade associations engage in lobbying and policy advocacy. A ST Board and Board committee oversight of public policy activities Walmart has disclosed its major trade association memberships U S In 2021, we advocated for the and transparency. (those to which Walmart contributed $25,000 or more in 2021), Y Infrastructure Investment Advocacy activity. Walmart makes state and federal lobbying explained how we engage trade associations and evaluate IT and Jobs Act, which includes information available on our Investor Relations website. Our our memberships and funding and provided examples of how N U investments to support climate Walmart has engaged trade associations on public policy M resilience; for an expansion Engagement in public policy brief provides examples of direct matters. Walmart also has disclosed other organizations and OM engagements with policymakers, engagements with trade C of the role of pharmacists coalitions it supports that are active in shaping policy on ESG in vaccination, testing and associations and public-facing advocacy on priority issues priority issues. Y other areas as a way to help including those related to climate change and racial equity. T I Read more: Engagement in public policy R reduce health disparities; Political contributions. The Walmart Inc. Political Action { G E and in support of a national Committee for Responsible Government (WALPAC) NT I privacy law to give consumers allows eligible Walmart associates help to elect lawmakers & S C greater control over their data (regardless of political party affiliation) at the federal level I TH and companies reasonable and in certain states. All contributions at the federal level are E compliance standards. publicly disclosed. 44

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