2017 Annual Meeting of Shareholders

When is the Annual Shareholders’ Meeting held?

Friday, June 2, 2017 starting at 8:00 am CDT. The meeting traditionally ends around 11:00 am.

Where is the Annual Meeting held?

In Bud Walton Arena at the University of Arkansas in Fayetteville, AR. A map directing shareholders to the arena can be found on the back of your proxy statement. The proxy statement is also online at http://stock.walmart.com/annual-reports.

What documents do I need to bring to gain admittance to the meeting?

In addition to a photo id (such as a valid driver’s license or passport), please bring one of the following items to prove your stock ownership in Walmart as of April 7, 2017(the meeting record date):

a. the proxy statement or proxy card you received in the mail;
b. the notice of internet availability you received in the mail;
c. the e-mail you received with a link to our proxy materials; or
d. Other proof of share ownership, such as a valid legal proxy from your bank, broker, or other nominee who holds your shares, a voting instruction form that you received from your bank, broker, or other nominee, or a recent bank, brokerage or other statement demonstrating that you own shares as of April 7, 2017.

Please reference page 102 of the proxy statement for more information regarding admission requirements.

What items are not allowed into the Annual Shareholders’ Meeting?

a. Cameras, camcorders, videotaping equipment or other recording devices are not allowed inside the meeting.
b. Attendees may not bring into the arena large packages or other material that could pose a safety or disruption hazard (e.g., fireworks, noisemakers, horns, confetti, etc.)
c. Security precautions will be taken prior to permitting entry to the meeting (including the inspection of all bags, purses, briefcases, etc.).

Will the annual meeting be webcast?

Yes. A live webcast of the meeting can be viewed on the company’s website at http://stock.walmart.com

What is the record date of share ownership for attending the 2017 Annual Shareholders’ Meeting?

April 7, 2017

I have a question for Walmart’s management that I’d like to ask at the meeting. Will I be allowed to ask my question?

Following the annual meeting, there will be an informal 30-minute question and answer session with key management subject matter experts located on the mezzanine level of the arena. (Look for applicable signage within the arena identifying the specific location of the Q&A session.)

Do I have to vote my shares at the Annual Meeting?

No. As outlined on page 103 of the proxy statement, although you may vote at the meeting by requesting a ballot, there are 4 options for voting prior to the annual meeting:

    a. VOTE BY INTERNET - www.proxyvote.com - when you access this website, use your unique control number (listed on your proxy card, voting instruction form, etc.) to obtain your records and transmit your vote.
  • b. Scan the QR code on our proxy card or notice of availability with your mobile device.
  • c. VOTE BY PHONE - 1-800-690-6903 - use any touch-tone telephone to transmit your vote. Have your proxy card in hand when you call and then follow the instructions. Toll charges may apply to calls made from outside the United States.
  • d. VOTE BY MAIL - complete, sign and date your proxy card and return it in the postage-paid envelope we have provided to you.

(Note: If you hold your shares in the name of a broker, bank, or other nominee, you should receive separate instructions from the holder of your shares regarding how to vote those shares prior to the meeting.)

What is the cutoff date for voting my shares prior to the Annual Meeting?

a. Vote via internet or by phone up until 11:59 P.M. Eastern Time on June 1, 2017. 
b. If you are an associate participating in the Walmart 401(k) Plan or the Wal-Mart Puerto Rico 401(k) Plan, you must provide instructions on how you wish to vote your shares held through these plans no later than 11:59 P.M. Eastern Time on May 30, 2017.
c. If you received a proxy card in the mail and wish to vote by completing and returning the proxy card by mail, your completed proxy card must be received no later than the time the polls close for voting at the meeting.

SEC rules allow shareholders to obtain the names, addresses, and shareholdings (to our knowledge) of any shareholder proponent that has a proposal included in the proxy statement (in accordance with the provisions of the “Shareholder Proposals” section on page 95 of the 2016 proxy statement). I am a shareholder. How can I obtain this information?

Proponent information will be provided upon oral or written request to: 

Wal-Mart Stores, Inc.
c/o Gordon Y. Allison, Vice President and General Counsel, Corporate Division
702 Southwest 8th Street 
Bentonville, AR  72716-0215 
479-273-4000  

How do I obtain tickets to the concerts that are typically held during Shareholders’ Week?

These concerts are generally for the benefit of our associate shareholders who travel from around the world to attend the Annual Shareholders’ Meeting. As the company has grown, less availability of concert tickets for the general public has resulted.  The process for associates to obtain tickets to the 2017 concerts will be announced in the future.

I am a Walmart shareholder. Can I bring a guest with me to the Shareholders’ Meeting

Shareholders are allowed to bring 2 guests with them to the Shareholders’ Meeting.

I don’t have my proxy material and hold shares through Walmart’s Transfer Agent, Computershare. How can I get a copy of my statement?

If you own shares through Computershare and do not have items i-iii above you can obtain proof of ownership as of April 7, 2017 by logging into your account online at www.computershare.com/walmart

Associate Stock Purchase Plan (ASPP) holders: Select “Login” within the ASPP box and enter the login details on the next page to access your account. After you’ve successfully logged in, select “Tax Forms and Documents” to view, download and/or print your most recent statement.

Equity Awards Holders: Select “Login” within the Equity box and enter the login details on the next page to access your account. After you’ve successfully logged in, select “Tax Forms and Documents” to view, download and/or print your most recent statement.

Direct Stock Purchase Plan (DSPP) holders: Select “Login” within the DSPP box and follow the instructions to log in as an existing or new user. Once successfully logged in, select “Export Balance Letter”, then follow the steps on the next page to get a .pdf on Computershare letterhead showing your balance as of the date you’ve requested.

Stock Information

Who is Walmart's transfer agent?

Walmart’s transfer agent is Computershare and can be contacted globally at 1-800-438-6278.

Is there a direct stock purchase plan for Walmart stock?

Yes, you can purchase Walmart stock through Computershare. To receive information about Computershare's direct stock purchase plan, which is not sponsored by Walmart, you can contact Computershare globally at 1-800-438-6278 or visit www.computershare.com/walmart.

How do I sell or transfer my stock, change the address on my stock account or replace a lost stock certificate?

When you want to sell or transfer shares, update your mailing address or replace a lost stock certificate contact Computershare at 800-438-6278 or log in to your account at www.computershare.com/walmart.

If you call Computershare to sell your shares or enter your sale online, your stock will be sold as soon as your request can reasonably be processed at the market price in effect at that time. If the market is closed, your order will be submitted beginning at the start of the next day the stock market is open.

Only sale requests received in writing will be processed as batch order sales. Please note any shares held in certificate form must be returned to Computershare in order to sell them. Batch order trades are grouped together and receive the average price of all Walmart shares sold by Computershare in the plan that day. Sale requests received in writing will generally be processed no later than five business days after the date it is received.

As a shareholder, why is it important that I keep my company stock account information (including address) current?

It is important that you keep your account address up to date and vote your proxy. Certain states will consider your account as “abandoned” if you fail to have communication with Walmart (via our transfer agent; Computershare). Abandoned accounts may result in your shares and/or un-cashed dividends being remitted to your state of residence as unclaimed property under the escheatment guidelines of each state. Once remitted to the state, reclaiming your escheated stock and/or un-cashed dividends can be a cumbersome and lengthy process. So, we encourage you to keep your account information current. If you have questions regarding your account, please contact Computershare by calling (800) 438-6278 or visit www.computershare.com/walmart.

I am a current (or former) Walmart associate. How can I check the status of my stock or profit sharing?

Current and former associates with inquiries about share holdings or profit sharing should call 1-888-968-4015 to reach the Walmart Participant Service Center. This is an automated system, though representatives are available weekdays from 9 a.m. to 7 p.m. Eastern Time.

General Stock Information

When is Walmart's Annual Shareholders Meeting?

The Shareholders Meeting has historically been held the first Friday in June each year. In 2015, the meeting was on June 5. Watch the webcast here.

When was Walmart's initial public offering? What was the price?

In 1970, Walmart offered 300,000 shares of its common stock to the public at a price of $16.50 per share. Walmart shares began trading on the New York Stock Exchange on Aug. 25, 1972 under the symbol WMT.

How is Walmart's stock traded?

Walmart's common stock is traded on the New York Stock Exchange (NYSE) under the symbol WMT.

How do I invest in Walmart de Mexico (Walmex)?

Walmart de Mexico is a major retailer in Mexico. Its stock has been listed in the Mexican Stock Exchange since 1977, listed under the ticker symbol WALMEX. For information on Wal-Mart de Mexico, please visit www.walmartmexico.com.mx or email Mariana Rodriquez (Investor Relations) at m.rodriguez@wal-mart.com.

When will I receive the tax forms associated with my Walmart stock?

All tax documents will be issued by Computershare by February 15th of each calendar year. As a reminder, if you signed up to receive your tax documents electronically, you will receive an email notification when your forms become available on or before February 15th. Follow the instructions based on the plan you participate in to access your documents securely through the Computershare Member website at www.computershare.com/walmart.

Operations

What is Walmart's fiscal year?

Walmart's fiscal year begins February 1 and ends January 31 each year.

Who are Walmart's independent auditors?

Ernst and Young LLP

When is Walmart's annual report distributed?

Walmart begins mailing its annual report to shareholders approximately 40 to 45 days prior to the annual Shareholders’ Meeting – generally around the middle of April. See all annual reports.

Where can I find Walmart's filing with the Securities and Exchange Commission?

See all of Walmart's SEC filings. They can also be obtained directly from the SEC under Filings and Forms (EDGAR)/ Search for Company Filings/Companies and Other Filers and enter Walmart’s ticker symbol WMT.

In which countries does Walmart operate?

Wal-Mart Stores, Inc. operates in all 50 states and internationally, including Puerto Rico. We operate in 27 countries including, but not limited to, Argentina, Brazil, Canada, Chile, China, Costa Rica, El Salvador, Guatemala, Honduras, India, Japan, Mexico, Nicaragua, South Africa and the United Kingdom.

Is Walmart considering expansion into any other countries?

While we would not rule out operations in additional countries, we have not announced entry into any additional countries at this time.

What is Walmart's mission statement?

We save people money so they can live better.

Where is Walmart's corporate headquarters?

The Walmart Home Office is located at 702 SW 8th Street in Bentonville, Arkansas, USA, and resides in the Central Time Zone.

How can I contact Walmart about a particular U.S. store?

Questions or comments about a Walmart store can be directed to customer service at 1-800-WALMART (925-6278).

When and where was Walmart incorporated?

Wal-Mart Stores, Inc. was incorporated in Delaware on Oct. 31, 1969.

How many associates does Walmart employ?

At the end of fiscal year 2013, Walmart and its subsidiaries employed approximately 2.2 million associates worldwide, with approximately 1.3 million associates in the United States.

How many stores does Walmart have?

See Unit Counts & Square Footage, which is updated monthly. Get more stats and data on our stores around the world in Our Locations.

How many customers shop at Walmart in a week?

Walmart serves more than 245 million customers and members weekly worldwide.

How large are Walmart's stores in the United States?

Supercenters average approximately 182,000 square feet.

Discount stores average approximately 106,000 square feet.

Neighborhood Markets average approximately 38,000 square feet.

Sam's Clubs average nearly 134,000 square feet.

How We Calculate Comparable Store Sales?

Comparable store sales is also referred to as "same-store" sales by others within the retail industry. The method of calculating comparable store sales may vary across the industry. As a result, our calculation of comparable store sales (including the manner in which we treat fuel sales, relocations and expansions) is not necessarily comparable to similarly titled measures reported by other companies.

In fiscal year 2008, Walmart reviewed its definition of comparable store sales for consistency with other retailers. For fiscal year 2009, beginning Feb. 1, 2008, Walmart has revised its definition of comparable store sales to include sales from stores and clubs open for the previous 12 months, including remodels, relocations and expansions. Changes in format continue to be excluded from comparable store sales when the conversion is accompanied by a relocation or expansion that results in a change in square footage of more than five percent. Since the impact of this revision is inconsequential, the company will not restate comparable store sales results for previously reported years. This definition applies to all segments, including Walmart International.

For fiscal years 2007 and 2008, comparable store sales included all stores and clubs that were open for at least the previous 12 months. Additionally, stores and clubs that were relocated, converted or expanded were excluded from comparable store sales for the first 12 months following the relocation, conversion or expansion. For fiscal 2006 and prior years, we considered comparable store sales to be sales at stores that were open as of February 1 of the prior fiscal year and that had not been converted, expanded or relocated since that date.

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