Walmart Inc. announced that the company has commenced a cash tender offer for up to $8,000,000,000 aggregate principal amount of the securities. The Maximum Principal Amount is exclusive of premium, Early Participation Amount, and accrued and unpaid interest on the applicable series of Securities from, and including, the most recent interest payment date for such series of Securities prior to the applicable Payment Date to, but not including, the applicable Payment Date (Accrued Interest). The Tender Offer is made upon the terms and subject to the conditions set forth in the Offer to Purchase dated September 8, 2021. Capitalized terms used in this announcement but not defined have the meanings given to them in the Offer to Purchase.