0000794367 3 2025-02-02 2026-01-31 0000794367 2 2025-02-02 2026-01-31 0000794367 1 2025-02-02 2026-01-31 0000794367 2024-02-04 2025-02-01 0000794367 2023-01-29 2024-02-03 0000794367 2022-01-30 2023-01-28 0000794367 2021-01-31 2022-01-29 0000794367 2025-05-16 2024-02-04 2025-02-01 0000794367 m:StockAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 m:StockAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 m:OptionAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 m:OptionAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-02-02 2026-01-31 0000794367 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-02-02 2026-01-31 0000794367 2025-02-02 2026-01-31 iso4217:USD 0000794367 false DEF 14A Macy’s, Inc. true The CMD Committee typically approves annual equity-based awards at its annual March meeting. The March meeting occurs after annual financial results are available — at least three weeks after we release our fiscal year-end earnings. The CMD Committee may approve equity-based grants on other dates for purposes such as newly hired executives, executives promoted into positions eligible for such grants, or to retain executives important to the Company. The Company determines a specific calendar of trading blackout dates each year, and equity-based awards are generally not granted on any of the designated trading blackout dates or at other times when there is undisclosed material nonpublic information. The Company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. The CMD Committee typically approves annual equity-based awards at its annual March meeting. The March meeting occurs after annual financial results are available — at least three weeks after we release our fiscal year-end earnings. The CMD Committee may approve equity-based grants on other dates for purposes such as newly hired executives, executives promoted into positions eligible for such grants, or to retain executives important to the Company.The Company determines a specific calendar of trading blackout dates each year, and equity-based awards are generally not granted on any of the designated trading blackout dates or at other times when there is undisclosed material nonpublic information. The Company determines a specific calendar of trading blackout dates each year, and equity-based awards are generally not granted on any of the designated trading blackout dates or at other times when there is undisclosed material nonpublic information. The Company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. true false false As required by SEC rules, we are providing the following information about the relationship between executive “compensation actually paid” (calculated in accordance with such rules) and certain performance of the Company. The following table sets forth information regarding compensation for our Principal Executive Officer (PEO) and average compensation for our other NEOs (the Non-PEO Named Executive Officers) versus our Company performance for the past five years. <table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">AVERAGE</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">AVERAGE</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:nowrap;width:20.52%;margin:0pt;padding:0pt;">VALUE OF INITIAL FIXED $100</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">SUMMARY</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">COMPENSATION</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:nowrap;width:20.52%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">INVESTMENT BASED ON:</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">COMPENSATION</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">ACTUALLY</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;margin:0pt;padding:0pt;">PEER</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">TABLE TOTAL</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">PAID TO</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:9.47%;margin:0pt;padding:0pt;">GROUP</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">SUMMARY</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">COMPENSATION</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"> FOR NON-PEO</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">NON-PEO</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;margin:0pt;padding:0pt;">TOTAL </td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:9.47%;margin:0pt;padding:0pt;">TOTAL</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;">NET </td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;">ADJUSTED</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">COMPENSATION</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">ACTUALLY</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">NAMED</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">NAMED</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:9.72%;margin:0pt;padding:0pt;">SHARE-</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:9.47%;margin:0pt;padding:0pt;">SHARE-</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;">INCOME</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;">EBITDA (4)</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">TABLE TOTAL</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;"> PAID TO PEO</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">EXECUTIVE</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;margin:0pt;padding:0pt;">EXECUTIVE </td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:9.72%;margin:0pt;padding:0pt;">HOLDER</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:9.47%;margin:0pt;padding:0pt;">HOLDER</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:7.1%;margin:0pt;padding:0pt;">($ IS IN</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;margin:0pt;padding:0pt;"></td><td style="vertical-align:middle;white-space:nowrap;width:7.49%;margin:0pt;padding:0pt;">($ IS IN</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">YEAR</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> FOR PEO</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">(1)</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">OFFICERS (2)</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:11.34%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">OFFICERS(2)</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:9.72%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">RETURN</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:9.47%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">RETURN (3)</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:7.1%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">MILLIONS)</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"> </td><td style="vertical-align:middle;white-space:nowrap;width:7.49%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;">MILLIONS)</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;border-bottom:1.5pt solid #221f20;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;">2025</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 14,104,067</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 20,520,165</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 4,872,290</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 6,811,096</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 156.83</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 220.77</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 642</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 1,842</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;">2024</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 16,452,108</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 12,081,365</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 3,560,945</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 2,521,885</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 116.33</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 203.27</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 582</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 1,977</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;">2023</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;">(5)</td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 11,563,739</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 5,299,241</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 4,005,741</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 2,684,364</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 133.73</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 175.69</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 45</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 2,236</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;">2022</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 11,055,991</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 6,582,240</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 2,906,394</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 1,397,507</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 158.85</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 168.26</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 1,146</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 2,607</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td></tr><tr style=""><td style="vertical-align:bottom;white-space:nowrap;width:10.11%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;">2021</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 12,290,931</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 34,457,910</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 3,480,607</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:11.34%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 7,504,335</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.72%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 169.84</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:9.47%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 188.51</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.1%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 1,419</td><td style="vertical-align:bottom;white-space:nowrap;width:1.32%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:7.49%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"> 3,305</td><td style="vertical-align:bottom;white-space:nowrap;width:0.05%;border-bottom:1px solid #bfbfbf;margin:0pt;padding:0pt;"></td></tr></table><table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(1)</td><td style="padding:0pt;">Mr. Spring (2024-2025 PEO) and Mr. Gennette (2021-2023 PEO) were the only executive officers included as a PEO for each fiscal year covered in the table.</td></tr></table>Amounts deducted from the Summary Compensation Table Total for PEO to calculate Compensation Actually Paid to PEO for 2025 include $311,392 reflecting aggregate change in actuarial present value of benefit under defined benefit and actuarial pension plans, $9,007,868 for value of stock awards and $0 for value of option awards.Amounts added to (or subtracted from) Summary Compensation Table Compensation Total for PEO to calculate Compensation Actually Paid to PEO include $15,492,503 for year-end fair value of RSU, PRSU and option awards granted in the year that remain outstanding and unvested at end of year, ($283,645) for change in fair value (from prior year-end to year-end) for RSU, PRSU and option awards granted in prior years that were outstanding and unvested at end of year, $305,878 for change in fair value (from prior year-end to vesting date) of RSU, PRSU and option awards that vested during the year, $0 for fair value of PRSU awards that failed to meet vesting conditions in the year and $220,623 for dividend equivalents.<table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:9pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#777777;font-family:'Arial','Helvetica','sans-serif';font-size:7pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(2)</td><td style="padding:0pt;">The Named Executive Officers included in the calculation of Average Summary Compensation Table Total for Non-PEO Named Executive Officers were for 2025 – Messrs. Bron, Edwards and Mitchell and Mses. Kirgan and Preston.</td></tr></table><div style="margin-top:3pt;"></div>Amounts (as averages) deducted from the Summary Compensation Table Total for Non-PEO Named Executive Officers to calculate Compensation Actually Paid to Non-PEO Named Executive Officers for 2025 include $0 reflecting aggregate change in actuarial present value of benefit under defined benefit and actuarial pension plans, $1,962,077 for value of stock awards and $0 for value of option awards.Amounts added to (or subtracted from) Average Summary Compensation Table Compensation Total for Non-PEO Named Executive Officers to calculate Average Compensation Actually Paid to Non-PEO Named Executive Officers for 2025 include $3,490,372 for year-end fair value of RSU, PRSU and option awards granted in the year that remain outstanding and unvested at end of year, $337,188 for change in fair value (from prior year-end to year-end) for RSU, PRSU and option awards granted in prior years that were outstanding and unvested at end of year, $13,286 for change in fair value (from prior year-end to vesting date) of RSU, PRSU and option awards that vested during the year, $0 for fair value of PRSU awards that failed to meet vesting conditions in the year and $60,037 for dividend equivalents.Fair value at the relevant times of PRSU awards subject to achievement of performance conditions is based on the Company’s estimate of the probable outcome of units being earned. Assumptions used to estimate fair value of stock and option awards are the same as those disclosed as of the date of grant of the award. <table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(3)</td><td style="padding:0pt;">The peer group is the S&P Retail Select Industry Index.</td></tr></table><table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(4)</td><td style="padding:0pt;">We chose Adjusted EBITDA as our Company selected measure for evaluating Pay versus Performance because it is a key metric in our Annual Incentive Plan and Long-term Incentive Plan. See “Non-GAAP Metrics” in “Compensation Discussion and Analysis” for definition of Adjusted EBITDA. </td></tr></table><table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(5)</td><td style="padding:0pt;">The amounts for the PEO and impacted NEOs for 2023 reflect repayment of erroneously awarded compensation under the Company’s Compensation Clawback Policy as a result of revisions to correct an error to previously issued financial statements. See “Recovery of Erroneously Awarded Compensation.” </td></tr></table> 14104067 20520165 4872290 6811096 156.83 220.77

642000000

1842000000 16452108 12081365 3560945 2521885 116.33 203.27

582000000

1977000000 11563739 5299241 4005741 2684364 133.73 175.69

45000000

2236000000 11055991 6582240 2906394 1397507 158.85 168.26

1146000000

2607000000 12290931 34457910 3480607 7504335 169.84 188.51

1419000000

3305000000 <table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(1)</td><td style="padding:0pt;">Mr. Spring (2024-2025 PEO) and Mr. Gennette (2021-2023 PEO) were the only executive officers included as a PEO for each fiscal year covered in the table.</td></tr></table><table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:9pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#777777;font-family:'Arial','Helvetica','sans-serif';font-size:7pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(2)</td><td style="padding:0pt;">The Named Executive Officers included in the calculation of Average Summary Compensation Table Total for Non-PEO Named Executive Officers were for 2025 – Messrs. Bron, Edwards and Mitchell and Mses. Kirgan and Preston.</td></tr></table><div style="margin-top:3pt;"></div> Mr. Spring Amounts deducted from the Summary Compensation Table Total for PEO to calculate Compensation Actually Paid to PEO for 2025 include $311,392 reflecting aggregate change in actuarial present value of benefit under defined benefit and actuarial pension plans, $9,007,868 for value of stock awards and $0 for value of option awards.Amounts added to (or subtracted from) Summary Compensation Table Compensation Total for PEO to calculate Compensation Actually Paid to PEO include $15,492,503 for year-end fair value of RSU, PRSU and option awards granted in the year that remain outstanding and unvested at end of year, ($283,645) for change in fair value (from prior year-end to year-end) for RSU, PRSU and option awards granted in prior years that were outstanding and unvested at end of year, $305,878 for change in fair value (from prior year-end to vesting date) of RSU, PRSU and option awards that vested during the year, $0 for fair value of PRSU awards that failed to meet vesting conditions in the year and $220,623 for dividend equivalents. -311392 -9007868 0 15492503 -283645 305878 0 220623 Amounts (as averages) deducted from the Summary Compensation Table Total for Non-PEO Named Executive Officers to calculate Compensation Actually Paid to Non-PEO Named Executive Officers for 2025 include $0 reflecting aggregate change in actuarial present value of benefit under defined benefit and actuarial pension plans, $1,962,077 for value of stock awards and $0 for value of option awards.Amounts added to (or subtracted from) Average Summary Compensation Table Compensation Total for Non-PEO Named Executive Officers to calculate Average Compensation Actually Paid to Non-PEO Named Executive Officers for 2025 include $3,490,372 for year-end fair value of RSU, PRSU and option awards granted in the year that remain outstanding and unvested at end of year, $337,188 for change in fair value (from prior year-end to year-end) for RSU, PRSU and option awards granted in prior years that were outstanding and unvested at end of year, $13,286 for change in fair value (from prior year-end to vesting date) of RSU, PRSU and option awards that vested during the year, $0 for fair value of PRSU awards that failed to meet vesting conditions in the year and $60,037 for dividend equivalents.Fair value at the relevant times of PRSU awards subject to achievement of performance conditions is based on the Company’s estimate of the probable outcome of units being earned. Assumptions used to estimate fair value of stock and option awards are the same as those disclosed as of the date of grant of the award. 0 -1962077 0 3490372 337188 13286 0 60037 <table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(3)</td><td style="padding:0pt;">The peer group is the S&P Retail Select Industry Index.</td></tr></table> <table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(4)</td><td style="padding:0pt;">We chose Adjusted EBITDA as our Company selected measure for evaluating Pay versus Performance because it is a key metric in our Annual Incentive Plan and Long-term Incentive Plan. See “Non-GAAP Metrics” in “Compensation Discussion and Analysis” for definition of Adjusted EBITDA. </td></tr></table> Adjusted EBITDA <img alt="Graphic" src="m-20260515xdef14a_a130.jpg" style="display:inline-block;height:122.95pt;left:0%;padding-bottom:0.05pt;position:relative;top:0pt;width:216pt;"/> <img alt="Graphic" src="m-20260515xdef14a_a130.jpg" style="display:inline-block;height:122.95pt;left:0%;padding-bottom:0.05pt;position:relative;top:0pt;width:216pt;"/> <img alt="Graphic" src="m-20260515xdef14a_a131.jpg" style="display:inline-block;height:113.48pt;left:0%;padding-bottom:0.55pt;position:relative;top:0pt;width:216pt;"/> <img alt="Graphic" src="m-20260515xdef14a_a132.jpg" style="display:inline-block;height:112.05pt;left:0%;padding-bottom:0.45pt;position:relative;top:0pt;width:216pt;"/> Performance MeasuresThe most important financial performance measures used to link compensation actually paid to the Company’s NEOs with the Company’s performance for 2025 are as follows:<table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:9pt;margin-bottom:3pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:54pt;"></td><td style="color:#221f20;font-family:'Times New Roman','Times','serif';font-size:9pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;">Adjusted EBITDA</td></tr></table><table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:9pt;margin-bottom:3pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:54pt;"></td><td style="color:#221f20;font-family:'Times New Roman','Times','serif';font-size:9pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;">Total revenue</td></tr></table><table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:9pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:54pt;"></td><td style="color:#221f20;font-family:'Times New Roman','Times','serif';font-size:9pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;">Relative total shareholder return </td></tr></table> Adjusted EBITDA Total revenue Relative total shareholder return As previously reported, we corrected errors to previously issued financial statements in our Form 10-Q for the quarterly period ended November 2, 2024. The error corrections were restatements that required a recovery analysis of incentive-based compensation received by our executive officers during the relevant recovery period pursuant to Rule 10D-1(b) and the Company’s Compensation Clawback Policy. The recovery analysis indicated that, as a result of the error corrections, a total of $609,613 in erroneously awarded compensation had been paid to covered officers. The analysis is described in the Company’s proxy statement for the annual meeting of shareholders held May 16, 2025.The erroneously awarded compensation to covered officers was recovered in full during fiscal 2025 and no amounts subject to recovery remained outstanding at January 31, 2026. 2025-05-16