Home › Companies › WALMART INC. › 2023-2024

WALMART INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and WALMART INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

40Reported items
1,556Asset managers
26,884Fund votes
2024-06-05Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore WALMART INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by WALMART INC.

These tallies are WALMART INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

WALMART INC. — official shareholder meeting results, meeting held 2024-06-05
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Cesar Conde	6,663,354,901	29,259,723	7,271,448	--	630,945,292	Majority: yes
Elect Director: Timothy P. Flynn	6,618,260,758	74,656,594	6,968,720	--	630,945,292	Majority: yes
Elect Director: Sarah J. Friar	6,665,365,190	27,840,620	6,680,262	--	630,945,292	Majority: yes
Elect Director: Carla A. Harris	6,481,902,946	211,361,994	6,621,132	--	630,945,292	Majority: yes
Elect Director: Thomas W. Horton	6,302,870,033	387,674,102	9,341,937	--	630,945,292	Majority: yes
Elect Director: Marissa A. Mayer	6,562,440,282	130,712,998	6,732,792	--	630,945,292	Majority: yes
Elect Director: C. Douglas McMillon	6,666,948,433	26,120,040	6,817,599	--	630,945,292	Majority: yes
Elect Director: Brian Niccol	6,680,181,404	12,160,863	7,543,805	--	630,945,292	Majority: yes
Elect Director: Gregory B. Penner	6,599,674,639	93,118,292	7,093,141	--	630,945,292	Majority: yes
Elect Director: Randall L. Stephenson	6,519,772,179	172,900,670	7,213,223	--	630,945,292	Majority: yes
Elect Director: Steuart L. Walton	6,662,209,809	30,956,536	6,719,727	--	630,945,292	Majority: yes
Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in the Company's proxy	6,186,027,386	501,360,064	12,498,622	--	630,945,292	Majority: yes
Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fiscal year ending Jan	7,200,820,178	121,712,575	8,298,611	--	--	Majority: yes
Pursuant to the advance notice requirement of the Company's amended and restated bylaws, the Company's shareholders voted upon and rejected a shareholder proposal concerning limitations on political contributions made by WALPAC.	49,618	6,699,836,148	306	--	630,945,292	Majority: no
The Company's shareholders voted upon and rejected a shareholder proposal requesting the publication of targets for transitioning from gestation crates in pork supply chain.	837,664,219	5,828,630,107	33,591,746	--	630,945,292	Majority: no
Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit.	1,030,165,512	5,643,611,334	26,109,226	--	630,945,292	Majority: no
Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting human rights impact assessments.	773,568,285	5,860,715,147	65,602,640	--	630,945,292	Majority: no
The Company's shareholders then voted upon and rejected a shareholder proposal to set compensation that optimizes portfolio value for Company shareholders.	294,769,269	6,372,320,195	32,796,608	--	630,945,292	Majority: no
Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on respecting workforce civil liberties.	31,377,887	6,642,249,593	26,258,592	--	630,945,292	Majority: no
T he Company's shareholders also voted upon and rejected a shareholder proposal requesting a review of workplace safety and violence.	1,278,547,992	5,397,035,079	24,303,001	--	630,945,292	Majority: no
Finally, the Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on corporate financial sustainability.	25,635,076	6,648,239,511	26,011,485	--	630,945,292	Majority: no

Source: WALMART INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the WALMART INC. 2023-2024 meeting

Each item below shows how the 1,556 asset managers that disclosed a WALMART INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of WALMART INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote to Approve Named Executive Officer Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 32 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 6,186,027,386AGAINST: 501,360,064

WALMART INC.’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in”): 6,186,027,386 for, 501,360,064 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 77% for, 6% against (83% of the company cast a for/against vote).

The 1,481 asset managers below cast 85% of the shares they voted on this item FOR (2,091,221,471 for, 370,373,699 against).

FOR 85%AGAINST 15%

FOR: 2,091,221,471 (84.7%)AGAINST: 370,373,699 (15.0%)ABSTAIN: 1,892,440 (0.1%)UNKNOWN: 4,971,217 (0.2%)NOT VOTED: 311,367 (0.0%)NO VOTE: 4,665 (0.0%)

Largest asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	413,316,541	463,353	0	For
BlackRock	228,258,738	171,903	0	For
Fidelity	157,426,016	0	0	For
State Street	142,123,186	1,523,215	0	For
T. Rowe Price	82,793,058	674,208	0	For
GEODE CAPITAL MANAGEMENT, LLC	83,360,563	0	0	For
Charles Schwab	57,661,528	0	0	For
MBA Advisors LLC	0	47,661,889	0	Against
Invesco	46,891,081	0	0	For
JPMorgan	46,435,467	0	0	For
Northern Trust	40,901,104	447,724	375	For
Putnam	40,742,270	0	0	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	39,249,150	0	0	For
Fisher Asset Management, LLC	38,940,423	0	0	For
Nuveen	31,167,557	0	0	For
John Hancock	26,968,232	76,032	0	For
Columbia Threadneedle	23,866,554	591,032	0	For
TIAA	23,426,606	0	0	For
MELLON INVESTMENTS Corp	21,759,923	0	0	For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	0	20,971,650	0	Against
Legal & General Investment Management Ltd	0	20,969,229	0	Against
AllianceBernstein	20,552,346	0	0	For
Goldman Sachs	17,246,390	0	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	17,217,387	0	Against
Neuberger Berman	49,200	16,720,471	0	Against

Showing the 25 largest of 1,481 asset managers. See all 1,481 in the interactive database.

2. Set Compensation that Optimizes Portfolio Value for Company Shareholders

COMPENSATIONMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 9 wordings of this item as funds reported it.

4% Majority: no · of votes cast

AGAINST 96%

FOR: 294,769,269AGAINST: 6,372,320,195

WALMART INC.’s own tally for this item (“The Company's shareholders then voted upon and rejected a shareholder proposal to set compensation that optimizes portfolio value for Company shareholders.”): 294,769,269 for, 6,372,320,195 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 4% for, 79% against (83% of the company cast a for/against vote).

The 229 asset managers below cast 1% of the shares they voted on this item FOR (11,159,711 for, 850,917,277 against).

AGAINST 98%

FOR: 11,159,711 (1.3%)AGAINST: 850,917,277 (98.4%)ABSTAIN: 2,820,597 (0.3%)NOT VOTED: 13,887 (0.0%)UNKNOWN: 717 (0.0%)

Largest asset managers voting on “Set Compensation that Optimizes Portfolio Value for Company Shareholders” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	396,053,102	Against
Fidelity	0	115,141,913	Against
State Street	11,029	38,077,994	Against
Charles Schwab	0	26,296,493	Against
T. Rowe Price	0	24,255,469	Against
Columbia Threadneedle	0	23,866,554	Against
TIAA	0	22,951,205	Against
Invesco	0	21,855,440	Against
JPMorgan	0	18,152,324	Against
Putnam	0	17,392,462	Against
John Hancock	0	10,833,681	Against
Dimensional	0	10,746,604	Against
FRANKLIN MANAGED TRUST	0	7,729,821	Against
Lincoln Financial	109,149	7,058,150	Against
Jackson National	0	6,364,259	Against
Prudential/PGIM	0	6,342,350	Against
Neuberger Berman	0	6,210,514	Against
First Trust	0	5,188,659	Against
Thrivent	0	4,666,646	Against
CITY NATIONAL ROCHDALE FUNDS	0	4,248,728	Against
Equitable	55,767	4,167,535	Against
FIRST EAGLE FUNDS	0	4,069,390	Against
Lord Abbett	0	3,975,199	Against
ProShares	0	3,902,707	Against
Advisers Investment Trust	7,713	3,531,600	Against

Showing the 25 largest of 229 asset managers. See all 229 in the interactive database.

3. Ratification of Ernst & Young LLP as Independent Accountants

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 7,200,820,178AGAINST: 121,712,575

WALMART INC.’s own tally for this item (“Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fi”): 7,200,820,178 for, 121,712,575 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 90% for, 2% against (91% of the company cast a for/against vote).

The 214 asset managers below cast 99.4% of the shares they voted on this item FOR (963,227,195 for, 5,400,930 against).

FOR 99.3%

FOR: 963,227,195 (99.4%)AGAINST: 5,400,930 (0.6%)ABSTAIN: 873,388 (0.1%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,749 (0.0%)

Largest asset managers voting on “Ratification of Ernst & Young LLP as Independent Accountants” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	395,981,106	71,997	For
Fidelity	115,141,913	0	For
BlackRock	97,621,775	0	For
State Street	38,087,553	1,470	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,173,802	49,500	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 214 asset managers. See all 214 in the interactive database.

4. Publication of Targets for Transitioning from Gestation Crates in Pork Supply Chain

DIRECTOR ELECTIONSDIRECTOR ELECTIONSDIRECTOR ELECTIONSDIRECTOR ELECTIONSMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 9 wordings of this item as funds reported it.

13% Majority: no · of votes cast

13%AGAINST 87%

FOR: 837,664,219AGAINST: 5,828,630,107

WALMART INC.’s own tally for this item (“The Company's shareholders voted upon and rejected a shareholder proposal requesting the publication of targets for transitioning from gestation crates in pork supply chain.”): 837,664,219 for, 5,828,630,107 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 10% for, 72% against (83% of the company cast a for/against vote).

The 212 asset managers below cast 13% of the shares they voted on this item FOR (124,972,754 for, 841,622,722 against).

13%AGAINST 87%

FOR: 124,972,754 (12.9%)AGAINST: 841,622,722 (86.8%)ABSTAIN: 2,841,333 (0.3%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,749 (0.0%)

Largest asset managers voting on “Publication of Targets for Transitioning from Gestation Crates in Pork Supply Chain” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,015,597	395,037,506	Against
Fidelity	36,971,133	78,170,780	Against
BlackRock	66,599	97,555,176	Against
State Street	16,929	38,072,094	Against
Charles Schwab	0	26,296,493	Against
T. Rowe Price	0	24,255,469	Against
Columbia Threadneedle	0	23,866,554	Against
TIAA	22,951,205	0	For
Invesco	0	21,855,440	Against
JPMorgan	0	18,152,324	Against
Putnam	0	17,392,462	Against
John Hancock	10,233,857	599,824	For
Dimensional	740,979	10,005,625	Against
FRANKLIN MANAGED TRUST	0	7,729,821	Against
Lincoln Financial	109,149	7,058,150	Against
MASTER INVESTMENT PORTFOLIO	0	6,846,067	Against
Jackson National	103,683	6,260,576	Against
Prudential/PGIM	0	6,342,350	Against
Neuberger Berman	0	6,210,514	Against
First Trust	694,790	4,493,869	Against
Thrivent	0	4,666,646	Against
CITY NATIONAL ROCHDALE FUNDS	0	4,248,728	Against
Equitable	2,694,302	1,529,000	For
FIRST EAGLE FUNDS	0	4,069,390	Against
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 212 asset managers. See all 212 in the interactive database.

5. Election of Directors: Cesar Conde

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 6,663,354,901AGAINST: 29,259,723

WALMART INC.’s own tally for this item (“Elect Director: Cesar Conde”): 6,663,354,901 for, 29,259,723 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 83% for, 0.4% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.9% of the shares they voted on this item FOR (968,474,850 for, 37,807 against).

FOR 99.8%

FOR: 968,474,850 (99.9%)AGAINST: 37,807 (0.0%)ABSTAIN: 932,789 (0.1%)UNKNOWN: 36,819 (0.0%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Cesar Conde” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,087,167	1,856	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

6. Election of Directors: Timothy P. Flynn

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 6,618,260,758AGAINST: 74,656,594

WALMART INC.’s own tally for this item (“Elect Director: Timothy P. Flynn”): 6,618,260,758 for, 74,656,594 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 82% for, 1.0% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.5% of the shares they voted on this item FOR (963,780,095 for, 4,823,735 against).

FOR 99.4%

FOR: 963,780,095 (99.4%)AGAINST: 4,823,735 (0.5%)ABSTAIN: 873,567 (0.1%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,749 (0.0%)

Largest asset managers voting on “Election of Directors: Timothy P. Flynn” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,085,697	3,326	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

7. Election of Directors: Sarah J. Friar

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 6,665,365,190AGAINST: 27,840,620

WALMART INC.’s own tally for this item (“Elect Director: Sarah J. Friar”): 6,665,365,190 for, 27,840,620 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 83% for, 0.4% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.9% of the shares they voted on this item FOR (968,571,043 for, 37,632 against).

FOR 99.9%

FOR: 968,571,043 (99.9%)AGAINST: 37,632 (0.0%)ABSTAIN: 873,522 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Sarah J. Friar” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,087,167	1,856	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

8. Election of Directors: Carla A. Harris

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 6,481,902,946AGAINST: 211,361,994

WALMART INC.’s own tally for this item (“Elect Director: Carla A. Harris”): 6,481,902,946 for, 211,361,994 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 81% for, 3% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 98% of the shares they voted on this item FOR (952,033,788 for, 16,574,976 against).

FOR 98%

FOR: 952,033,788 (98.2%)AGAINST: 16,574,976 (1.7%)ABSTAIN: 873,518 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Carla A. Harris” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,555,176	66,599	For
State Street	38,084,197	4,826	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,757,649	76,032	For
Dimensional	0	10,746,604	Against
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	6,998,189	169,110	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,261,749	102,510	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,173,802	49,500	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

9. Election of Directors: Thomas W. Horton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 6,302,870,033AGAINST: 387,674,102

WALMART INC.’s own tally for this item (“Elect Director: Thomas W. Horton”): 6,302,870,033 for, 387,674,102 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 78% for, 5% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 95% of the shares they voted on this item FOR (919,049,850 for, 49,558,403 against).

FOR 95%

FOR: 919,049,850 (94.8%)AGAINST: 49,558,403 (5.1%)ABSTAIN: 873,910 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Thomas W. Horton” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	395,981,106	71,997	For
Fidelity	115,141,913	0	For
BlackRock	97,555,176	66,599	For
State Street	20,245	38,068,778	Against
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	6,052,965	1,114,334	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,167,535	55,767	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

10. Election of Directors: Marissa A. Mayer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 6,562,440,282AGAINST: 130,712,998

WALMART INC.’s own tally for this item (“Elect Director: Marissa A. Mayer”): 6,562,440,282 for, 130,712,998 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 82% for, 2% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99% of the shares they voted on this item FOR (954,269,838 for, 14,338,860 against).

FOR 98%

FOR: 954,269,838 (98.4%)AGAINST: 14,338,860 (1.5%)ABSTAIN: 873,533 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Marissa A. Mayer” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,085,697	3,326	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,757,649	76,032	For
Dimensional	0	10,746,604	Against
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	6,998,189	169,110	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,261,749	102,510	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

11. Election of Directors: C. Douglas McMillon

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 6,666,948,433AGAINST: 26,120,040

WALMART INC.’s own tally for this item (“Elect Director: C. Douglas McMillon”): 6,666,948,433 for, 26,120,040 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 83% for, 0.4% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.9% of the shares they voted on this item FOR (968,414,905 for, 193,840 against).

FOR 99.8%

FOR: 968,414,905 (99.9%)AGAINST: 193,840 (0.0%)ABSTAIN: 873,555 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: C. Douglas McMillon” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,086,834	2,189	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

12. Election of Directors: Brian Niccol

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 6 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 6,680,181,404AGAINST: 12,160,863

WALMART INC.’s own tally for this item (“Elect Director: Brian Niccol”): 6,680,181,404 for, 12,160,863 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 83% for, 0.2% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.9% of the shares they voted on this item FOR (968,475,266 for, 74,240 against).

FOR 99.8%

FOR: 968,475,266 (99.9%)AGAINST: 74,240 (0.0%)ABSTAIN: 932,811 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Brian Niccol” at WALMART INC., 2023-2024
Asset manager	For	Vote
Vanguard	396,053,102	For
Fidelity	115,141,913	For
BlackRock	97,621,775	For
State Street	38,089,023	For
Charles Schwab	26,296,493	For
T. Rowe Price	24,255,469	For
Columbia Threadneedle	23,866,554	For
TIAA	22,951,205	For
Invesco	21,855,440	For
JPMorgan	18,152,324	For
Putnam	17,392,462	For
John Hancock	10,833,681	For
Dimensional	10,746,604	For
FRANKLIN MANAGED TRUST	7,729,821	For
Lincoln Financial	7,167,299	For
MASTER INVESTMENT PORTFOLIO	6,846,067	For
Jackson National	6,364,259	For
Prudential/PGIM	6,342,350	For
Neuberger Berman	6,210,514	For
First Trust	5,188,659	For
Thrivent	4,666,646	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	For
Equitable	4,223,302	For
FIRST EAGLE FUNDS	4,069,390	For
Lord Abbett	3,975,199	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

13. Election of Directors: Gregory B. Penner

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 6,599,674,639AGAINST: 93,118,292

WALMART INC.’s own tally for this item (“Elect Director: Gregory B. Penner”): 6,599,674,639 for, 93,118,292 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 82% for, 1% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.9% of the shares they voted on this item FOR (967,758,564 for, 846,070 against).

FOR 99.8%

FOR: 967,758,564 (99.8%)AGAINST: 846,070 (0.1%)ABSTAIN: 873,582 (0.1%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,032 (0.0%)

Largest asset managers voting on “Election of Directors: Gregory B. Penner” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	395,981,106	71,997	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,086,834	2,189	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

14. Election of Directors: Randall L. Stephenson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 6,519,772,179AGAINST: 172,900,670

WALMART INC.’s own tally for this item (“Elect Director: Randall L. Stephenson”): 6,519,772,179 for, 172,900,670 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 81% for, 2% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99% of the shares they voted on this item FOR (954,102,498 for, 14,506,124 against).

FOR 98%

FOR: 954,102,498 (98.4%)AGAINST: 14,506,124 (1.5%)ABSTAIN: 873,593 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Randall L. Stephenson” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	395,981,106	71,997	For
Fidelity	115,141,913	0	For
BlackRock	97,555,176	66,599	For
State Street	38,084,197	4,826	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,757,649	76,032	For
Dimensional	0	10,746,604	Against
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	6,998,189	169,110	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,261,749	102,510	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

15. Election of Directors: Steuart L. Walton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 6,662,209,809AGAINST: 30,956,536

WALMART INC.’s own tally for this item (“Elect Director: Steuart L. Walton”): 6,662,209,809 for, 30,956,536 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 83% for, 0.4% against (83% of the company cast a for/against vote).

The 211 asset managers below cast 99.9% of the shares they voted on this item FOR (968,377,302 for, 194,522 against).

FOR 99.8%

FOR: 968,377,302 (99.9%)AGAINST: 194,522 (0.0%)ABSTAIN: 873,537 (0.1%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Election of Directors: Steuart L. Walton” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	396,053,102	0	For
Fidelity	115,141,913	0	For
BlackRock	97,598,813	22,962	For
State Street	38,086,834	2,189	For
Charles Schwab	26,296,493	0	For
T. Rowe Price	24,255,469	0	For
Columbia Threadneedle	23,866,554	0	For
TIAA	22,951,205	0	For
Invesco	21,855,440	0	For
JPMorgan	18,152,324	0	For
Putnam	17,392,462	0	For
John Hancock	10,833,681	0	For
Dimensional	10,746,604	0	For
FRANKLIN MANAGED TRUST	7,729,821	0	For
Lincoln Financial	7,167,299	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	For
Jackson National	6,364,259	0	For
Prudential/PGIM	6,342,350	0	For
Neuberger Berman	6,210,514	0	For
First Trust	5,188,659	0	For
Thrivent	4,666,646	0	For
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	4,223,302	0	For
FIRST EAGLE FUNDS	4,069,390	0	For
Lord Abbett	3,975,199	0	For

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

16. Human Rights Impact Assessment

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 8 wordings of this item as funds reported it.

12% Majority: no · of votes cast

12%AGAINST 88%

FOR: 773,568,285AGAINST: 5,860,715,147

WALMART INC.’s own tally for this item (“Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting human rights impact assessments.”): 773,568,285 for, 5,860,715,147 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 10% for, 73% against (82% of the company cast a for/against vote).

The 211 asset managers below cast 6% of the shares they voted on this item FOR (53,521,042 for, 802,484,551 against).

AGAINST 93%

FOR: 53,521,042 (6.2%)AGAINST: 802,484,551 (92.9%)ABSTAIN: 8,130,850 (0.9%)NOT VOTED: 13,557 (0.0%)

Largest asset managers voting on “Human Rights Impact Assessment” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	943,600	395,109,502	0	Against
Fidelity	466,400	114,675,513	0	Against
State Street	16,929	38,072,094	0	Against
Charles Schwab	0	26,296,493	0	Against
T. Rowe Price	0	24,255,469	0	Against
Columbia Threadneedle	0	23,866,554	0	Against
TIAA	0	22,951,205	0	Against
Invesco	0	21,855,440	0	Against
JPMorgan	304	18,152,020	0	Against
Putnam	0	17,392,462	0	Against
John Hancock	10,233,857	599,824	0	For
Dimensional	868,575	9,878,029	0	Against
FRANKLIN MANAGED TRUST	0	7,729,821	0	Against
Lincoln Financial	109,149	7,058,150	0	Against
Jackson National	103,683	6,260,576	0	Against
Prudential/PGIM	3,079,587	3,262,763	0	Against
Neuberger Berman	0	6,210,514	0	Against
First Trust	694,790	4,493,869	0	Against
Thrivent	0	4,666,646	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	4,248,728	0	Against
Equitable	55,767	4,167,535	0	Against
FIRST EAGLE FUNDS	4,069,390	0	0	For
Lord Abbett	0	3,975,199	0	Against
ProShares	3,902,707	0	0	For
Advisers Investment Trust	7,713	0	3,531,600	Abstain

Showing the 25 largest of 211 asset managers. See all 211 in the interactive database.

17. Shareholder Proposal Regarding Racial Equity Audit

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 4 wordings of this item as funds reported it.

15% Majority: no · of votes cast

FOR 15%AGAINST 85%

FOR: 1,030,165,512AGAINST: 5,643,611,334

WALMART INC.’s own tally for this item (“Then, the Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit.”): 1,030,165,512 for, 5,643,611,334 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 13% for, 70% against (83% of the company cast a for/against vote).

The 208 asset managers below cast 19% of the shares they voted on this item FOR (160,997,749 for, 700,290,096 against).

FOR 19%AGAINST 81%

FOR: 160,997,749 (18.6%)AGAINST: 700,290,096 (81.0%)ABSTAIN: 2,819,631 (0.3%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,749 (0.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Racial Equity Audit” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,406,953	394,646,150	Against
Fidelity	74,800,587	40,341,326	For
State Street	16,929	38,072,094	Against
Charles Schwab	26,296,493	0	For
T. Rowe Price	0	24,255,469	Against
Columbia Threadneedle	0	23,866,554	Against
TIAA	0	22,951,205	Against
Invesco	82,830	21,772,610	Against
JPMorgan	0	18,152,324	Against
Putnam	0	17,392,462	Against
John Hancock	142,466	10,691,215	Against
Dimensional	0	10,746,604	Against
FRANKLIN MANAGED TRUST	0	7,729,821	Against
Lincoln Financial	109,149	7,058,150	Against
Jackson National	103,683	6,260,576	Against
Prudential/PGIM	5,288,833	1,053,517	For
Neuberger Berman	6,210,514	0	For
First Trust	694,790	4,493,869	Against
Thrivent	0	4,666,646	Against
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	55,767	4,167,535	Against
FIRST EAGLE FUNDS	0	4,069,390	Against
Lord Abbett	0	3,975,199	Against
ProShares	3,902,707	0	For
Advisers Investment Trust	3,539,313	0	For

Showing the 25 largest of 208 asset managers. See all 208 in the interactive database.

18. Corporate Financial Sustainability Report

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 5 wordings of this item as funds reported it.

0.4% Majority: no · of votes cast

AGAINST 99.6%

FOR: 25,635,076AGAINST: 6,648,239,511

WALMART INC.’s own tally for this item (“Finally, the Company's shareholders then voted upon and rejected a shareholder proposal requesting a report on corporate financial sustainability.”): 25,635,076 for, 6,648,239,511 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 0.4% for, 83% against (83% of the company cast a for/against vote).

The 206 asset managers below cast 0.1% of the shares they voted on this item FOR (248,192 for, 860,544,252 against).

AGAINST 99.6%

FOR: 248,192 (0.0%)AGAINST: 860,544,252 (99.6%)ABSTAIN: 2,819,601 (0.3%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 717 (0.0%)

Largest asset managers voting on “Corporate Financial Sustainability Report” at WALMART INC., 2023-2024
Asset manager	Against	Vote
Vanguard	396,053,102	Against
Fidelity	115,141,913	Against
State Street	38,089,023	Against
Charles Schwab	26,296,493	Against
T. Rowe Price	24,255,469	Against
Columbia Threadneedle	23,866,554	Against
TIAA	22,951,205	Against
Invesco	21,855,440	Against
JPMorgan	18,152,324	Against
Putnam	17,392,462	Against
John Hancock	10,833,681	Against
Dimensional	10,746,604	Against
FRANKLIN MANAGED TRUST	7,729,821	Against
Lincoln Financial	7,167,299	Against
Jackson National	6,364,259	Against
Prudential/PGIM	6,342,350	Against
Neuberger Berman	6,210,514	Against
First Trust	5,188,659	Against
Thrivent	4,666,646	Against
CITY NATIONAL ROCHDALE FUNDS	4,248,728	Against
Equitable	4,223,302	Against
FIRST EAGLE FUNDS	4,069,390	Against
Lord Abbett	3,975,199	Against
ProShares	3,902,707	Against
Advisers Investment Trust	3,539,313	Against

Showing the 25 largest of 206 asset managers. See all 206 in the interactive database.

19. Workplace Safety & Violence Review

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 7 wordings of this item as funds reported it.

19% Majority: no · of votes cast

FOR 19%AGAINST 81%

FOR: 1,278,547,992AGAINST: 5,397,035,079

WALMART INC.’s own tally for this item (“T he Company's shareholders also voted upon and rejected a shareholder proposal requesting a review of workplace safety and violence.”): 1,278,547,992 for, 5,397,035,079 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 16% for, 67% against (83% of the company cast a for/against vote).

The 206 asset managers below cast 14% of the shares they voted on this item FOR (117,676,129 for, 743,584,483 against).

14%AGAINST 86%

FOR: 117,676,129 (13.6%)AGAINST: 743,584,483 (86.1%)ABSTAIN: 2,819,396 (0.3%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,749 (0.0%)

Largest asset managers voting on “Workplace Safety & Violence Review” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,406,953	394,646,150	Against
Fidelity	2,437,019	112,704,894	Against
State Street	16,929	38,072,094	Against
Charles Schwab	26,296,493	0	For
T. Rowe Price	0	24,255,469	Against
Columbia Threadneedle	0	23,866,554	Against
TIAA	0	22,951,205	Against
Invesco	82,830	21,772,610	Against
JPMorgan	304	18,152,020	Against
Putnam	0	17,392,462	Against
John Hancock	6,198,951	4,634,730	For
Dimensional	0	10,746,604	Against
FRANKLIN MANAGED TRUST	0	7,729,821	Against
Lincoln Financial	325,548	6,841,751	Against
Jackson National	3,712,592	2,651,667	For
Prudential/PGIM	5,288,833	1,053,517	For
Neuberger Berman	6,210,514	0	For
First Trust	694,790	4,493,869	Against
Thrivent	0	4,666,646	Against
CITY NATIONAL ROCHDALE FUNDS	4,248,728	0	For
Equitable	3,638,082	585,220	For
FIRST EAGLE FUNDS	0	4,069,390	Against
Lord Abbett	3,975,199	0	For
ProShares	3,902,707	0	For
Advisers Investment Trust	3,539,313	0	For

Showing the 25 largest of 206 asset managers. See all 206 in the interactive database.

20. Report on Respecting Workforce Civil Liberties

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 4 wordings of this item as funds reported it.

0.5% Majority: no · of votes cast

AGAINST 99.5%

FOR: 31,377,887AGAINST: 6,642,249,593

WALMART INC.’s own tally for this item (“Next, the Company's shareholders voted upon and rejected a shareholder proposal requesting a report on respecting workforce civil liberties.”): 31,377,887 for, 6,642,249,593 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 0.4% for, 83% against (83% of the company cast a for/against vote).

The 205 asset managers below cast 0.4% of the shares they voted on this item FOR (3,063,064 for, 857,643,117 against).

AGAINST 99.3%

FOR: 3,063,064 (0.4%)AGAINST: 857,643,117 (99.3%)ABSTAIN: 2,878,838 (0.3%)NOT VOTED: 13,557 (0.0%)UNKNOWN: 4,032 (0.0%)

Largest asset managers voting on “Report on Respecting Workforce Civil Liberties” at WALMART INC., 2023-2024
Asset manager	Against	Vote
Vanguard	396,053,102	Against
Fidelity	115,141,913	Against
State Street	38,089,023	Against
Charles Schwab	26,296,493	Against
T. Rowe Price	24,255,469	Against
Columbia Threadneedle	23,866,554	Against
TIAA	22,951,205	Against
Invesco	21,855,440	Against
JPMorgan	18,152,324	Against
Putnam	17,392,462	Against
John Hancock	10,833,681	Against
Dimensional	10,746,604	Against
FRANKLIN MANAGED TRUST	7,729,821	Against
Lincoln Financial	7,167,299	Against
Jackson National	6,364,259	Against
Prudential/PGIM	6,342,350	Against
Neuberger Berman	6,210,514	Against
First Trust	5,188,659	Against
Thrivent	4,666,646	Against
CITY NATIONAL ROCHDALE FUNDS	4,248,728	Against
Equitable	4,223,302	Against
FIRST EAGLE FUNDS	4,069,390	Against
Lord Abbett	3,975,199	Against
ProShares	3,902,707	Against
Advisers Investment Trust	3,539,313	Against

Showing the 25 largest of 205 asset managers. See all 205 in the interactive database.

21. SECTION 14A EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-06-05.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 6,186,027,386AGAINST: 501,360,064

The 26 asset managers below cast 95% of the shares they voted on this item FOR (284,426 for, 13,924 against).

FOR 95%

FOR: 284,426 (95.3%)AGAINST: 13,924 (4.7%)

Largest asset managers voting on “SECTION 14A EXECUTIVE COMPENSATION” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Lido Advisors, LLC	54,485	0	For
PEDDOCK CAPITAL ADVISORS, LLC	52,232	0	For
Penobscot Investment Management Company, Inc.	47,243	0	For
GYL FINANCIAL SYNERGIES, LLC	42,851	0	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	16,360	600	For
GRIMES & COMPANY, INC.	15,209	0	For
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV	11,385	0	For
Waverly Advisors, LLC	9,751	0	For
Baker Avenue Asset Management, LP	0	9,309	Against
BALLAST ADVISORS LLC	6,681	0	For
Ramsay, Stattman, Vela & Price, Inc.	6,330	0	For
Williamson Legacy Group, LLC	6,154	0	For
Sculati Wealth Management, LLC	4,817	0	For
Pinnacle Family Advisors, LLC	4,630	0	For
Palisades Hudson Asset Management, L.P.	3,578	0	For
Campion Asset Management	0	3,415	Against
BOSUN ASSET MANAGEMENT, LLC	1,934	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	600	Against
COWA, LLC	450	0	For
Barnett & Company, Inc.	180	0	For
ASPIRIANT, LLC	78	0	For
Cornerstone Investment Partners, LLC	78	0	For
Moisand Fitzgerald Tamayo, LLC	0	0	--
Port Capital LLC	0	0	--
SCHOLTZ & COMPANY, LLC	0	0	--

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

22. Establish a Company Compensation Policy of Paying a Living Wage

OTHER SOCIAL ISSUES

Meeting held 2024-06-05.

0.6% fund support · no official result

AGAINST 99.4%

The 10 asset managers below cast 0.6% of the shares they voted on this item FOR (580,347 for, 104,803,856 against).

FOR: 580,347 (0.6%)AGAINST: 104,803,856 (99.4%)ABSTAIN: 20,643 (0.0%)

Largest asset managers voting on “Establish a Company Compensation Policy of Paying a Living Wage” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	66,599	97,555,176	0	Against
MASTER INVESTMENT PORTFOLIO	0	6,846,067	0	Against
Empower	511,829	0	0	For
Managed Account Series	0	228,177	0	Against
Brighthouse	0	66,704	0	Against
CIDEL ASSET MANAGEMENT INC	0	41,921	0	Against
Symmetry Panoramic Trust	0	10,434	20,643	Abstain
Douglass Winthrop Advisors, LLC	0	29,646	0	Against
Aspiriant Trust	0	25,731	0	Against
Warren Street Wealth Advisors, LLC	1,919	0	0	For

23. Establish a Board Committee on Corporate Financial Sustainability

ENVIRONMENT OR CLIMATEDIVERSITY, EQUITY, AND INCLUSIONOTHER SOCIAL ISSUESMajority of the votes cast: no

Meeting held 2024-06-05.

0.4% Majority: no · of votes cast

AGAINST 99.6%

FOR: 25,635,076AGAINST: 6,648,239,511

The 9 asset managers below cast 0.1% of the shares they voted on this item FOR (1,919 for, 105,806,458 against).

AGAINST 99.9%

FOR: 1,919 (0.0%)AGAINST: 105,806,458 (100.0%)ABSTAIN: 20,643 (0.0%)

Largest asset managers voting on “Establish a Board Committee on Corporate Financial Sustainability” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	97,621,775	0	Against
MASTER INVESTMENT PORTFOLIO	0	6,846,067	0	Against
Empower	0	511,829	0	Against
GuideStone	0	495,741	0	Against
Managed Account Series	0	228,177	0	Against
Brighthouse	0	66,704	0	Against
Symmetry Panoramic Trust	0	10,434	20,643	Abstain
Aspiriant Trust	0	25,731	0	Against
Warren Street Wealth Advisors, LLC	1,919	0	0	For

24. Report on a Civil Rights and Non-Discrimination Audit

ENVIRONMENT OR CLIMATEDIVERSITY, EQUITY, AND INCLUSIONOTHER SOCIAL ISSUES

Meeting held 2024-06-05.

0.5% fund support · no official result

AGAINST 99.5%

The 9 asset managers below cast 0.5% of the shares they voted on this item FOR (497,660 for, 105,310,717 against).

FOR: 497,660 (0.5%)AGAINST: 105,310,717 (99.5%)ABSTAIN: 20,643 (0.0%)

Largest asset managers voting on “Report on a Civil Rights and Non-Discrimination Audit” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	97,621,775	0	Against
MASTER INVESTMENT PORTFOLIO	0	6,846,067	0	Against
Empower	0	511,829	0	Against
GuideStone	495,741	0	0	For
Managed Account Series	0	228,177	0	Against
Brighthouse	0	66,704	0	Against
Symmetry Panoramic Trust	0	10,434	20,643	Abstain
Aspiriant Trust	0	25,731	0	Against
Warren Street Wealth Advisors, LLC	1,919	0	0	For

25. Commission a Third Party Audit on Workplace Safety and Violence

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2024-06-05.

19% Majority: no · of votes cast

FOR 19%AGAINST 81%

FOR: 1,278,547,992AGAINST: 5,397,035,079

The 8 asset managers below cast 99.8% of the shares they voted on this item FOR (105,167,114 for, 145,522 against).

FOR 99.8%

FOR: 105,167,114 (99.8%)AGAINST: 145,522 (0.1%)ABSTAIN: 20,643 (0.0%)

Largest asset managers voting on “Commission a Third Party Audit on Workplace Safety and Violence” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	97,512,418	109,357	0	For
MASTER INVESTMENT PORTFOLIO	6,846,067	0	0	For
Empower	511,829	0	0	For
Managed Account Series	228,177	0	0	For
Brighthouse	66,704	0	0	For
Symmetry Panoramic Trust	0	10,434	20,643	Abstain
Aspiriant Trust	0	25,731	0	Against
Warren Street Wealth Advisors, LLC	1,919	0	0	For

26. Conduct and Report a Third-Party Racial Equity Audit

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2024-06-05.

15% Majority: no · of votes cast

FOR 15%AGAINST 85%

FOR: 1,030,165,512AGAINST: 5,643,611,334

The 8 asset managers below cast 0.6% of the shares they voted on this item FOR (626,929 for, 104,685,707 against).

AGAINST 99.3%

FOR: 626,929 (0.6%)AGAINST: 104,685,707 (99.4%)ABSTAIN: 20,643 (0.0%)

Largest asset managers voting on “Conduct and Report a Third-Party Racial Equity Audit” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	113,181	97,508,594	0	Against
MASTER INVESTMENT PORTFOLIO	0	6,846,067	0	Against
Empower	511,829	0	0	For
Managed Account Series	0	228,177	0	Against
Brighthouse	0	66,704	0	Against
Symmetry Panoramic Trust	0	10,434	20,643	Abstain
Aspiriant Trust	0	25,731	0	Against
Warren Street Wealth Advisors, LLC	1,919	0	0	For

27. Publish Human Rights Risk Assessment on the Impacts of Walmart's Supply Chain

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2024-06-05.

12% Majority: no · of votes cast

12%AGAINST 88%

FOR: 773,568,285AGAINST: 5,860,715,147

The 8 asset managers below cast 0.6% of the shares they voted on this item FOR (580,347 for, 104,732,289 against).

AGAINST 99.4%

FOR: 580,347 (0.6%)AGAINST: 104,732,289 (99.4%)ABSTAIN: 20,643 (0.0%)

Largest asset managers voting on “Publish Human Rights Risk Assessment on the Impacts of Walmart's Supply Chain” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	66,599	97,555,176	0	Against
MASTER INVESTMENT PORTFOLIO	0	6,846,067	0	Against
Empower	511,829	0	0	For
Managed Account Series	0	228,177	0	Against
Brighthouse	0	66,704	0	Against
Symmetry Panoramic Trust	0	10,434	20,643	Abstain
Aspiriant Trust	0	25,731	0	Against
Warren Street Wealth Advisors, LLC	1,919	0	0	For

28. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-06-05 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 6,338,327,929AGAINST: 319,798,762

WALMART INC.’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in”): 6,338,327,929 for, 319,798,762 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 8,043,543,330 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).

The 7 asset managers below cast 100% of the shares they voted on this item FOR (178,609 for, 0 against).

FOR 100%

FOR: 178,609 (100.0%)

Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION” at WALMART INC., 2023-2024
Asset manager	For	Vote
Foster Victor Wealth Advisors, LLC	130,701	For
Freedom Day Solutions, LLC	36,435	For
MBA Advisors LLC	4,726	For
First County Bank /CT/	3,255	For
Meixler Investment Management, Ltd.	2,440	For
Weil Company, Inc.	902	For
Argyle Capital Management, LLC	150	For

29. Advisory Vote to Approve Named Executive Officer Compensation.

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2024-05-04; no official results on file for that date.

Combines 3 wordings of this item as funds reported it.

26% fund support · no official result

FOR 26%AGAINST 74%

The 4 asset managers below cast 26% of the shares they voted on this item FOR (30,400 for, 87,323 against).

FOR: 30,400 (25.8%)AGAINST: 87,323 (74.2%)

Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation.” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Loomis Sayles	0	87,323	Against
GoalVest Advisory LLC	23,752	0	For
Private Capital Management, LLC	5,832	0	For
Litman Gregory Wealth Management LLC	816	0	For

30. Annual

DIRECTOR ELECTIONS

Meeting held 2024-06-05.

0.6% fund support · no official result

AGAINST 99.4%

The 3 asset managers below cast 0.6% of the shares they voted on this item FOR (8,625 for, 1,567,104 against).

FOR: 8,625 (0.5%)AGAINST: 1,567,104 (99.5%)

Largest asset managers voting on “Annual” at WALMART INC., 2023-2024
Asset manager	For	Against	Vote
Colony Group, LLC	8,625	1,561,016	Against
PERRITT CAPITAL MANAGEMENT INC	0	3,044	Against
PERRITT FUNDS INC	0	3,044	Against

31. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2024-06-05.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at WALMART INC., 2023-2024
Asset manager	For	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	18,381	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	16,960	For
Williamson Legacy Group, LLC	6,154	For

32. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-05.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (224,448 for, 0 against).

FOR: 224,448 (100.0%)

Largest asset managers voting on “Executive Salary” at WALMART INC., 2023-2024
Asset manager	For	Vote
WESPAC Advisors SoCal, LLC	162,864	For
Bell & Brown Wealth Advisors, LLC	55,026	For
Northside Capital Management, LLC	6,558	For

33. S/H Proposal - Corporate Governance

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2024-06-05.

Combines 2 wordings of this item as funds reported it.

0.4% Majority: no · of votes cast

AGAINST 99.6%

FOR: 25,635,076AGAINST: 6,648,239,511

The 3 asset managers below cast 97% of the shares they voted on this item FOR (22,514 for, 600 against).

FOR 68%ABSTAIN 30%

FOR: 22,514 (67.9%)AGAINST: 600 (1.8%)ABSTAIN: 10,026 (30.3%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	16,360	600	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	10,026	Abstain
Williamson Legacy Group, LLC	6,154	0	0	For

34. Advisory Vote to Approve Named Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2024-05-04; no official results on file for that date.

81% fund support · no official result

FOR 81%AGAINST 19%

The 2 asset managers below cast 81% of the shares they voted on this item FOR (73,813 for, 17,048 against).

FOR: 73,813 (81.2%)AGAINST: 17,048 (18.8%)

Largest asset managers voting on “Advisory Vote to Approve Named Executive Compensation” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
NATIONAL BANK TRUST INC.	72,148	0	0	0	For
National Bank Financial Inc.	1,665	17,048	0	0	Against

35. Director Elections

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-05.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (10,928 for, 0 against).

FOR: 10,928 (100.0%)

Largest asset managers voting on “Director Elections” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	10,757	0	0	0	For
William Allan Corp	171	0	0	0	For

36. Compensation

COMPENSATION

Meeting held 2024-06-05.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (32,337 for, 0 against).

FOR: 32,337 (100.0%)

Largest asset managers voting on “Compensation” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Capital Group	21,580	0	0	0	For
Members Trust Co	10,757	0	0	0	For

37. Meeting

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-05.

0% fund support · no official result

AGAINST 43%UNKNOWN 57%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 4,547 against).

AGAINST: 4,547 (42.7%)UNKNOWN: 6,105 (57.3%)

Largest asset managers voting on “Meeting” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Gibson Capital, LLC	0	0	0	0	Unknown
WESPAC Advisors, LLC	0	4,547	0	0	Against

38. Shareholder Proposal Regarding Living Wage Policy

OTHER SOCIAL ISSUES

Meeting held 2024-06-05.

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 23,436 against).

AGAINST: 23,436 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Living Wage Policy” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Northern Lights Fund Trust IV	0	19,356	0	0	Against
Virtus	0	4,080	0	0	Against

39. Shareholder Proposal Regarding Report on Civil Rights and Non-Discrimination

OTHER SOCIAL ISSUESMajority of the votes cast: no

Meeting held 2024-06-05.

0.5% Majority: no · of votes cast

AGAINST 99.5%

FOR: 31,377,887AGAINST: 6,642,249,593

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 23,436 against).

AGAINST 100%

AGAINST: 23,436 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Report on Civil Rights and Non-Discrimination” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Northern Lights Fund Trust IV	0	19,356	0	0	Against
Virtus	0	4,080	0	0	Against

40. Shareholder Proposal Regarding Third-Party Audit of Policies on Workplace Safety and Violence

OTHER SOCIAL ISSUESMajority of the votes cast: no

Meeting held 2024-06-05.

19% Majority: no · of votes cast

FOR 19%AGAINST 81%

FOR: 1,278,547,992AGAINST: 5,397,035,079

The 2 asset managers below cast 100% of the shares they voted on this item FOR (23,436 for, 0 against).

FOR 100%

FOR: 23,436 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Third-Party Audit of Policies on Workplace Safety and Violence” at WALMART INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Northern Lights Fund Trust IV	19,356	0	0	0	For
Virtus	4,080	0	0	0	For

Largest WALMART INC. shareholders voting in 2023-2024

Ranked by the number of WALMART INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 8,043,543,330 shares outstanding at the time of that meeting.

Top WALMART INC. shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	Vanguard	5.14%
2	BlackRock	2.84%
3	Fidelity	1.96%
4	State Street	1.79%
5	T. Rowe Price	1.04%
6	GEODE CAPITAL MANAGEMENT, LLC	1.04%
7	Charles Schwab	0.72%
8	MBA Advisors LLC	0.59%
9	Invesco	0.58%
10	JPMorgan	0.58%

Reported WALMART INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

WALMART INC. beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	5.42%	13F
BlackRock	4.30%	13F
State Street	2.29%	13F
JPMorgan Chase	1.45%	13F
Morgan Stanley	1.06%	13F
Geode Capital	1.04%	13F
T. Rowe Price	0.71%	13F
FMR (Fidelity)	0.52%	13F
Northern Trust	0.50%	13F
Franklin Templeton	0.47%	13F

Percentages above are of 8,043,543,330 shares outstanding, as reported by WALMART INC. on its Form 10-Q dated 2024-06-05 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from WALMART INC.’s 10-Q dated 2024-06-05. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At WALMART INC.'s shareholder meeting held 2024-06-05, in the 2023-2024 proxy season, 1,556 asset managers reported how they voted in their SEC Form N-PX filings, covering 26,884 separate fund positions. Their filings are grouped here into 40 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory vote to Approve Named Executive Officer Compensation — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: WALMART INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

WALMART INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.