Wal-Mart Stores, Inc. (NYSE: WMT)

18th Annual Meeting for the Investment Community

Eduardo Castro-Wright

Walmart Global eCommerce

Vice Chairman, Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc. (NYSE: WMT) 1

Global eCommerce leadership team in place

SVP, Chief Financial Officer SVP, People SVP, General Counsel

Fred Paulenich

Andreas Schulmeyer

SVP, Chief Technology Officer

Jeremy King

SVP, Business Development and Strategy

Brian Roberts

Gibu Thomas

SVP, @WalmartLabs and Social Commerce

SVP, Mobile and Digital

Venky Harinarayan

Anand Rajaraman

SVP, @WalmartLabs and Social Commerce

Jamie Chung

Gibu Thomas

Wal-Mart Stores, Inc. (NYSE: WMT) 2

We have leveraged our strengths to

establish a strong foundation of talent

@WalmartLabs

• Scale

• Purpose

• Resources

• Global

• Commitment

…leveraged in talent and capability acquisition Our strengths…

• Strong technical leadership

• Culture of innovation

• @WalmartLabs as a platform for talent and

capability acquisition

Wal-Mart Stores, Inc. (NYSE: WMT) 3

We are executing strategic initiatives across

the key online shopping drivers

Access

Price Assortment

Customer Experience

Wal-Mart Stores, Inc. (NYSE: WMT) 4

Projects under way @WalmartLabs

Accelerating

eCommerce

Improve search

Enhance pricing tools

Optimize online marketing

Social is now

‘default’

Social

Experience

Commerce Store

Wal-Mart Stores, Inc. (NYSE: WMT) 5

Drive

relevancy

Mobile allows us to connect online and

offline customer experience

Empower

customer

Tie online and

offline channels

TV SET

Five Stars

Aisle/Item location

Extended shelf

Local

assortment

Shop My

Store

Wal-Mart Stores, Inc. (NYSE: WMT) 6

Walmart iPad demo

Wal-Mart Stores, Inc. (NYSE: WMT) 7

Smart mobile shopping demo

1 2 3 4

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Access Experience

Developed markets update

Assortment

• Increased customer choice

• Leverage asset infrastructure

• Focus on EDLC

• Expand assortment

• Develop optimization tools

• New search engine

• Next generation platform

• Social commerce

Wal-Mart Stores, Inc. (NYSE: WMT) 9

China update

Source: McKinsey & Co. analysis

Our investment in Yihaodian

enables a quick entry into the

China eCommerce market

Local team in place to

capitalize on the opportunity

eCommerce market estimated

to be US$230B by 2015

$60

$230

$-

$50

$100

$150

$200

$250

2010 2015E

31%

US

$ B

illio

ns

Wal-Mart Stores, Inc. (NYSE: WMT) 10

Brazil update

eCommerce market estimated

to be US$55B by 2015

2010 2015E

45%

Continues to outgrow market by

>2x over last two years

Voted by customers as the best

eCommerce site in 2010 and 2011

(Blue Diamond Award)

Developing infrastructure to

accelerate growth

Sources: McKinsey & Co. analysis, Walmart Brazil team analysis

US

$ B

illio

ns

Wal-Mart Stores, Inc. (NYSE: WMT) 11

Global eCommerce key takeaways • Leadership team in place and will continue to increase talent density

• Established quick wins in customer experience and access with

continued efforts towards improving assortment and price

• Focus on large, fast growing markets where Walmart has significant

assets to leverage: North America, UK, China, and Latin America

• Building a global, differentiated next generation eCommerce platform with

social and mobile at its core

• Business development activities will play a central role in achieving our

“go-to-market” strategy

Wal-Mart Stores, Inc. (NYSE: WMT) 12

Wal-Mart Stores, Inc. (NYSE: WMT)

18th Annual Meeting for the Investment Community

Wal-Mart Stores, Inc. (NYSE: WMT) 13