Walmart Board of Directors Adds Cesar Conde, Chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises

BENTONVILLE, Ark.–(BUSINESS WIRE)–Walmart Inc. (NYSE: WMT) today announced that its board of directors has
appointed Cesar Conde, chairman of NBCUniversal International Group and
NBCUniversal Telemundo Enterprises, as a new independent director to the
company’s board, effective immediately. Conde, 45, becomes the twelfth
member of the board and he will become a member of the company’s Audit
Committee and Technology and eCommerce Committee.

“Cesar brings strong skills as a global executive and expertise in brand
management, finance, digital and media that will complement our board of
directors’ experiences,” said Walmart Chairman of the Board Greg Penner.
“We look forward to his strategic insights as we continue to drive the
transformation of Walmart to better serve customers and win in an
omni-channel world.”

“Today’s consumer landscape is changing, and I believe Walmart’s unique
assets position the company to meet the changing demographics around the
world,” Conde said. “I look forward to working with the board and
management team to help drive the company’s strategic plans and
continued growth.”

Conde also serves on the Executive Committee of NBCUniversal. As
Chairman of NBCUniversal International Group, he is responsible for the
operations and international expansion of NBCUniversal businesses
outside of North America. As Chairman of Telemundo Enterprises, he
oversees the leading media properties serving Hispanics across
broadcast, cable and digital platforms.

Conde joined NBCUniversal in October 2013 as Executive Vice President of
NBCUniversal to oversee NBCU International and NBCU Digital Enterprises
and assumed his current role in 2015. Prior to NBCUniversal, he was the
President of Univision Networks and for 10 years served in a variety of
senior executive capacities.

Prior to Univision, Conde served as the White House Fellow for Secretary
of State Colin L. Powell from 2002–2003. He has also worked at StarMedia
Network, the first internet company focused on Spanish- and
Portuguese-speaking audiences globally, and in the Mergers &
Acquisitions Group at Salomon Smith Barney.

Conde serves on the board of directors of PepsiCo. He is a Trustee of
the Aspen Institute and the Paley Center for Media, and Full Member at
the Council on Foreign Relations and a Young Global Leader for the World
Economic Forum.

Conde holds a B.A. with honors from Harvard University and an M.B.A.
from the Wharton School at the University of Pennsylvania.

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and
live better – anytime and anywhere – in retail stores, online, and
through their mobile devices. Each week, nearly 265 million customers
and members visit our more than 11,200 stores under 55 banners in 27
countries and eCommerce websites. With fiscal year 2018 revenue of
$500.3 billion, Walmart employs over 2.2 million associates worldwide.
Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting,
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