X0306 4 2020-08-13 0001048911 FEDEX CORP FDX 0001718431 Allen Mark R 942 SOUTH SHADY GROVE ROAD MEMPHIS TN 38120 1 EVP GENL COUNSEL/SECTY Common Stock 2020-08-13 4 M 0 6200 89.105 A 41529 D Common Stock 2020-08-13 4 S 0 6200 203.454 D 35329 D Common Stock 379 I Retirement Plan Non-qualified Stock Option (Right to Buy) 89.105 2020-08-13 4 M 0 6200 0 D 2021-06-06 Common Stock 6200 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.40 to $203.53, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. Ownership has been adjusted to reflect 2 shares that were acquired via dividend reinvestment as a result of dividends paid to all stockholders. These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant. /s/ Mark R. Allen 2020-08-13