The company said it was informed on March 17, 2025 that President and Chief Executive Officer C. Douglas McMillon entered into a stock trading plan (the Plan) designed to comply with Rule 10b5-1.

1. 01

   The company said it was informed on March 17, 2025 that President and Chief Executive Officer C. Douglas McMillon entered into a stock trading plan (the Plan) designed to comply with Rule 10b5-1.

2. 02

   The company said McMillon is scheduled to sell 19,416 shares each month from June 2025 through April 2026, and 19,424 shares in May 2026. It said the maximum aggregate number of shares to be sold under the Plan is 233,000.

3. 03

   The company said Mr. McMillon has no discretion or control over the timing or execution of transactions under the Plan. The Old Plan, which was entered into on February 24, 2023 under Rule 10b5-1, will expire after the last trade is executed in May 2025.

4. 04

   The company said McMillon continues to be subject to stock ownership guidelines requiring him to hold company stock equal in value to at least 7 times his base salary, and will continue to satisfy them upon the conclusion of each monthly sale under the Plan. It said transactions under the Plan will be disclosed on Form 144 and Form 4 to the extent required by law.

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