Purpose

The Executive Committee is appointed by the Board of Directors (the “Board”) of Walmart Inc. (the “Company”) to exercise the powers and duties of the Board between Board meetings and while the Board is not in session, and implement the policy decisions of the Board.

Committee Membership

The Executive Committee should consist of no fewer than three members, as determined annually by the Board on the recommendation of the Nominating and Governance Committee; provided, however, that the Committee may operate with fewer than three members as long as such composition complies with applicable laws, rules, regulations, and securities exchange listing standards. The Chief Executive Officer shall be and, if a different person, the Chairman or Chairwoman of the Board shall be, a member of the Executive Committee. The members of the Executive Committee shall be appointed annually by a majority vote of the Board on the recommendation of the Nominating and Governance Committee. Executive Committee members may be replaced by the Board at any time. The Board shall designate the Chairman or Chairwoman (“Chairperson”) of the Executive Committee. The Executive Committee may form and delegate authority to subcommittees of one or more members when appropriate.

Meetings

The Executive Committee shall meet as often as it determines to be necessary or appropriate. The Chairperson shall preside at each meeting and, in the absence of the Chairperson, one of the other members of the Executive Committee shall be designated as the acting chair of the meeting. The Chairperson (or acting chair) may direct appropriate members of management and staff to prepare draft agendas and related background information for each Executive Committee meeting. The draft agenda shall be reviewed and approved by the Executive Committee Chairperson (or acting chair) in advance of distribution to the other Executive Committee members. Any background materials, together with the agenda, should be distributed to the Executive Committee members in advance of the meeting. All meetings of the Executive Committee shall be held pursuant to the Amended and Restated Bylaws of the Company with regard to notice and waiver thereof, and written minutes of each meeting, in the form approved by the Executive Committee, shall be duly filed in the Company records. At the request of the Board or as the Chairperson determines necessary, reports of meetings of the Executive Committee shall be made to the Board at its next regularly scheduled meeting following the Executive Committee meeting accompanied by any recommendations to the Board approved by the Executive Committee.

Committee Authority and Responsibilities

The basic responsibility of the members of the Executive Committee is to exercise their business judgment to act in what they reasonably believe to be in the best interests of the Company and its shareholders. In discharging that obligation, members should be entitled to rely on the honesty and integrity of the Company’s management and its outside advisors and auditors, to the fullest extent permitted by law.

The Executive Committee shall have the authority to exercise all powers and authority of the Board, including without limitation the powers and authority enumerated in the Amended and Restated Bylaws of the Company, excepting:

• the review and approval or disapproval of transactions covered by the Company’s Transaction Review Policy; and

• matters, which, under the Delaware General Corporation Law, the rules and regulations of any securities exchange on which the Company’s securities are traded, the Company’s Restated Certificate of Incorporation, or the Company’s Amended and Restated Bylaws, cannot be delegated by the Board to a committee of the Board or must be delegated to another committee of the Board.

The Executive Committee shall review and reassess the adequacy of this Charter annually and recommend any proposed changes to the Board for approval. The Executive Committee shall annually review its own performance.

History of Amendments

This charter was last amended effective as of April 13, 2022.