X0306 4 2018-04-06 0 0000794367 Macy's, Inc. M 0001457264 Gennette Jeffrey C/O MACY'S, INC. 7 WEST SEVENTH STREET CINCINNATI OH 45202 1 1 0 0 Chairman and CEO Common Stock 3641.0198 I By 401(k) Plan Option to Purchase Common Stock 29.8 2018-04-06 4 A 0 386151 0 A 2028-04-06 Common Stock 386151 386151 D Reflects the reporting person's interest in Macy's stock under the Issuer's 401(k) plan, derived by dividing the value of the undivided interest of the reporting person in the applicable investment fund as of April 6, 2018 by $29.80, the stock price on such date. Grant to reporting person of options to purchase 386,151 shares of common stock under the Issuer's Amended and Restated 2009 Omnibus Incentive Compensation Plan. The options become exercisable in 25% increments on April 6, 2019, April 6, 2020, April 6, 2021, and April 6, 2022. /s/ Ann Munson Steines, as attorney-in-fact for Jeffrey Gennette pursuant to a Power of Attorney 2018-04-10