X0508 4 2025-12-31 0000063908 MCDONALDS CORP MCD 0001197616 WALSH PAUL S MCDONALD'S CORPORATION 110 NORTH CARPENTER STREET CHICAGO IL 60607 true false Phantom Stock 2025-12-31 4 A 0 670.75 305.63 A Common Stock 670.75 6227.53 D Each share of phantom stock is the economic equivalent of one share of McDonald's Corporation common stock and shall be settled in cash, pursuant to the Board of Directors' Deferred Compensation Plan (the "Plan"). Acquisition of phantom stock pursuant to the Plan in a transaction exempt under Rule 16b-3(d)(1). Amount represents deferred compensation. Payment of phantom stock will occur following the Directors' retirement date or other termination from the Board. Includes shares acquired through dividend reinvestment. /s/ Jeffrey J. Pochowicz, Attorney-in-fact 2026-01-05