X0306 4 2022-11-22 0000104169 Walmart Inc. WMT 0001219106 WALTON JIM C P.O. BOX 1860 BENTONVILLE AR 72712 1 Common Stock 2022-11-22 4 J 0 1097000 0 D 276130135 I By Trust Common Stock 10507124 D Common Stock 1000891131 I By Limited Liability Company The transaction is a distribution of 1,097,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to certain beneficiaries of the Trust. The reporting person is a trustee of the Trust, the entity that owns 276,130,135 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by the Trust except to the extent of his pecuniary interest therein. The reporting person is a member of Walton Enterprises, LLC, the entity that owns 1,000,891,131 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein. /s/ Jennifer F. Rudolph, by Power of Attorney 2022-11-23