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

On June 1, 2022, Walmart Inc. (the "Company") held its Annual Shareholders' Meeting (the "Meeting"). As of the close of business on April 8, 2022, the record date for the Meeting, there were 2,752,781,875 shares of the Company's common stock outstanding, with each share entitled to one vote. The holders of 2,449,959,751 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 eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 21, 2022. 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               2,231,719,011    8,220,318    2,354,447      207,665,975
Timothy P. Flynn          2,221,925,931    17,872,973   2,494,872      207,665,975
Sarah J. Friar            2,153,154,606    86,736,533   2,402,637      207,665,975
Carla A. Harris           2,181,377,132    58,689,161   2,227,483      207,665,975
Thomas W. Horton          2,179,242,348    60,665,177   2,386,251      207,665,975
Marissa A. Mayer          2,205,938,793    34,157,596   2,197,387      207,665,975
C. Douglas McMillon       2,216,568,647    23,426,868   2,298,261      207,665,975
Gregory B. Penner         2,165,578,381    74,337,184   2,378,211      207,665,975
Randall L. Stephenson     2,190,319,172    49,558,867   2,415,737      207,665,975
S. Robson Walton          2,205,639,837    34,539,080   2,114,859      207,665,975
Steuart L. Walton         2,207,924,874    32,192,450   2,176,452      207,665,975


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 21, 2022. The votes on this proposal were as follows:


                                                        Broker
       For              Against         Abstain        Non-Votes
  2,040,550,348       196,914,972      4,828,456      207,665,975

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, 2023. The votes on this proposal were as follows:


       For             Against         Abstain

2,405,439,776 42,016,928 2,503,047

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 animal welfare practices. The votes on this proposal were
as follows:
                                                       Broker
     For              Against          Abstain        Non-Votes
 367,472,465       1,865,936,590      8,884,721      207,665,975

Next, the Company's shareholders 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
 281,035,925       1,919,243,110      42,014,741      207,665,975

Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on the impacts to the Company of reproductive healthcare legislation. The votes on this proposal were as follows:


                                                        Broker
     For              Against          Abstain         Non-Votes
 286,649,229       1,931,160,185      24,484,362      207,665,975

The Company's shareholders then 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
 295,823,596       1,905,285,172      41,185,008      207,665,975

Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting to conduct a civil rights and non-discrimination audit. The votes on this proposal were as follows:


                                                       Broker
     For              Against          Abstain        Non-Votes
  12,566,817       2,221,006,254      8,720,705      207,665,975

The Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on charitable donation disclosures. The votes on this proposal were as follows:


                                                       Broker
     For              Against          Abstain        Non-Votes
  21,982,806       2,212,440,709      7,870,261      207,665,975




Finally, 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
 322,914,850       1,914,044,836      5,334,090      207,665,975






                                       1

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses