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Investor Presentaiton

@@日本黑@口@口@口@T SYSTEMS INTEGRATION IN CENTRAL AMERICA During 2013 we completed the integration of processes and systems in Central America and standardized the formats with those that exist in Mexico. Now we have greater visibility into operations and inventories, thereby producing better commercial results. In the future, the information generated by our systems in Central America will help us better understand the shopping habits of our customers, optimize the value proposition, manage prices with flexibility, and align our formats. Asolo 990 349034an A solo €3490 2490 5890 GLOBAL SHARED SERVICES FOR LATIN AMERICA (GSSLA) With the vision of continued growth and the optimization of our processes, we created the Global Shared Services Center for Latin America -GSSLA- located in San José, Costa Rica. It is here where we centralize administrative processes related to the Company's transactions, such as accounts payable and receivable; asset management, centralized accounting; payroll processing; payment analysis; and supplier claims. The GSSLA strategy, in line with the three strategic pillars of growth, leveraging, and return on investment, will create benefits for the region's countries, organizations, areas, and associates it serves. walmart GSS Latin Amer 2013 Financial and Social Responsibility Report 31
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