Item 5.07. Submission of Matters to a Vote of Security Holders

On June 2, 2021, Walmart Inc. (the "Company") held its Annual Shareholders' Meeting (the "Meeting"). As of the close of business on April 9, 2021, the record date for the Meeting, there were 2,813,481,605 shares of the Company's common stock outstanding, with each share entitled to one vote. The holders of 2,542,345,108 shares of the Company's common stock were present in person or represented by proxy during the Meeting. During the Meeting, the Company's shareholders voted on the matters set forth below.

Election of Directors The Company's shareholders elected for one-year terms all twelve persons nominated for election as directors as set forth in the Company's proxy statement dated April 22, 2021. The following table sets forth the vote of the shareholders at the meeting with respect to the election of directors:




        Nominee                For          Against      Abstain     Broker Non-Votes
Cesar Conde               2,303,173,843    12,104,071   1,901,669      225,165,525
Timothy P. Flynn          2,300,727,687    14,537,757   1,914,139      225,165,525
Sarah J. Friar            2,256,500,022    58,963,087   1,716,474      225,165,525
Carla A. Harris           2,283,181,585    32,269,573   1,728,425      225,165,525
Thomas W. Horton          2,283,935,224    31,200,582   2,043,777      225,165,525
Marissa A. Mayer          2,295,316,308    20,086,876   1,776,399      225,165,525
C. Douglas McMillon       2,304,852,555    10,458,896   1,868,132      225,165,525
Gregory B. Penner         2,274,729,588    40,524,303   1,925,692      225,165,525
Steven S Reinemund        2,265,568,690    49,507,505   2,103,388      225,165,525
Randall L. Stephenson     2,291,903,866    23,320,217   1,955,500      225,165,525
S. Robson Walton          2,296,661,946    18,825,889   1,691,748      225,165,525
Steuart L. Walton         2,302,679,120    12,742,289   1,758,174      225,165,525

Company Proposals Advisory Vote on Executive Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in the Company's proxy statement dated April 22, 2021. The votes on this proposal were as follows:


                                                           Broker
          For              Against         Abstain        Non-Votes
     2,200,696,825       112,339,088      4,143,670      225,165,525

Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fiscal year ending January 31, 2022. The votes on this proposal were as follows:


          For             Against         Abstain

2,502,748,328 37,231,141 2,365,639

There were no broker non-votes with respect to this proposal.

Shareholder Proposals The Company's shareholders voted upon and rejected a shareholder proposal requesting a report on refrigerants released from Company operations. The votes on this proposal were as follows:


                                                          Broker
        For              Against          Abstain        Non-Votes
    127,596,140       2,181,045,148      8,538,295      225,165,525



Next, the Company's shareholders voted upon and rejected a shareholder proposal
requesting a report on lobbying disclosures. The votes on this proposal were as
follows:
                                                          Broker
        For              Against          Abstain        Non-Votes
    512,097,393       1,795,639,120      9,443,070      225,165,525

Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on whether and how the Company's racial justice goals align with the starting pay for all classifications of Company associates. The votes on this proposal were as follows:


                                                           Broker
        For              Against          Abstain         Non-Votes
    288,637,154       1,978,808,006      49,734,423      225,165,525

The Company's shareholders next voted upon and rejected a shareholder proposal requesting to create a pandemic workforce advisory council. The votes on this proposal were as follows:


                                                           Broker
        For              Against          Abstain         Non-Votes
    261,281,157       2,004,631,319      51,267,107      225,165,525

Finally, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report based on a review of the Business Roundtable's Statement on the Purpose of a Corporation and the Company's governance and management systems. The votes on this proposal were as follows:


                                                          Broker
        For              Against          Abstain        Non-Votes
     53,666,255       2,254,666,030      8,847,298      225,165,525


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