X0306 4 2022-12-31 0 0000063908 MCDONALDS CORP MCD 0001949718 Daniel Kareem MCDONALD'S CORPORATION 110 NORTH CARPENTER STREET CHICAGO IL 60607 1 0 0 0 Phantom Stock 2022-12-31 4 A 0 191.29 263.53 A Common Stock 191.29 191.29 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 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 Director's retirement date or other termination from the Board. /s/ Christopher Weber, Attorney-in-fact 2023-01-04