Bob Moritz Joins Walmart Board of Directors

Former PwC Chairman Brings Decades of Experience

Walmart Strengthens Leadership with Moritz's Appointment

BENTONVILLE, Ark., June 8, 2023 - Walmart Inc. (NYSE: WMT) today announced the appointment of Bob Moritz, retired Chairman of PricewaterhouseCoopers (PwC), to its Board of Directors, effective June 12, 2023.

Moritz brings over 39 years of experience in various roles at PwC, including US Chairman and Senior Partner. He is widely recognized for his leadership, strategic vision, and expertise in financial and operational matters.

Key Responsibilities:

• Provide guidance and oversight on Walmart's financial and operational strategies
• Contribute to the company's long-term growth and profitability
• Enhance corporate governance and risk management practices

Moritz's Appointment Strengthens Walmart's Leadership:

"We are thrilled to welcome Bob Moritz to Walmart's Board of Directors," said Doug McMillon, Walmart President and CEO. "His deep understanding of business, finance, and operations will be invaluable to our company as we continue to navigate a rapidly changing retail landscape."

Moritz added, "I am honored to join the Board of Directors of such an iconic company. Walmart is at the forefront of innovation and customer service, and I look forward to contributing my experience to the company's continued success."

About Walmart Inc.:

Walmart Inc. is a global retailer with operations in 24 countries. The company serves millions of customers through its physical stores, e-commerce platforms, and mobile apps. With a focus on providing low prices and a wide variety of products, Walmart is a leading destination for consumers worldwide.