Walmart Inc.

Plan information

The Plan is a defined contribution employee stock plan sponsored by Walmart Inc. Employees of the Company become eligible to participate in the Plan [COMPLETE: eligibility requirements, including any age and service conditions and entry dates]. Participants may make elective, catch-up and rollover contributions to the Plan, and the Company may make matching, qualified non-elective and profit sharing contributions on their behalf. Adjustments to participant accounts are determined by the investments held in each participant's account, the participant's contributions, and an allocation of the Company's matching contributions to the Plan made on the participant's behalf. The rate of Company matching contributions and any limits on participant elective deferrals are [COMPLETE: matching contribution formula and contribution limits].

Participants are immediately vested in all elective, catch-up, rollover, Company matching and qualified non-elective contributions. A participant's profit sharing contribution account vests based on years of service at a rate of 20% per year from years two through six and may become fully vested upon participant retirement at age 65 or above, total and permanent disability, or death. Forfeitures of non-vested contributions are used or allocated to restore account balances of rehired participants or participants whose distributions were previously unclaimed. Participants may borrow from their fund accounts a minimum of $1,000 up to the lesser of (a) $50,000 or (b) 50% of their vested account balance. The administrative loan origination fee of $50 per general loan and $95 per residential loan is paid by the participant and is deducted from the proceeds of the loan.

To the extent a participant's profit sharing contributions are not invested in Walmart equity securities, the contributions will automatically be distributed in cash, unless directed otherwise by the participant. Participants may also elect to receive a single lump-sum payment of the remainder of their accounts in whole shares of Walmart equity securities, with partial or fractional shares paid in cash, but only to the extent such contributions are invested in Walmart equity securities as of the date distributions are processed. Participants may also elect to rollover their account balance into a different tax-qualified retirement plan or individual retirement account upon separation from the Company and its controlled group members. The Plan permits withdrawals of active participants' elective deferrals and rollover contributions in amounts necessary to satisfy financial hardship as defined by the Commonwealth of Puerto Rico's Department of Treasury, in-service withdrawal of vested balances may be elected by participants who have reached 59 1/2 years of age, and rollovers may be distributed at any time.

The Plan is administered by [COMPLETE: name of plan administrator or administrative committee], and Plan assets are held by [COMPLETE: name of trustee]. Net assets available for benefits totaled $222,006,647 at January 31, 2026, compared with $180,197,331 at January 31, 2025, reflecting total additions of $53,016,821 and total deductions of $11,207,505 for the year, for a net increase in net assets of $41,809,316. At January 31, 2026, the Plan held investments at fair value of $210,285,663 and notes receivable from participants of $10,645,049, and had no liabilities.