Item 5—Other Information
+Added: On December 16, 2023, Costco Wholesale Corporation entered into an executive employment agreement, effective January 1, 2024, with Ron Vachris.
+Added: He will be employed as President and Chief Executive Officer for a one-year term beginning January 1, 2024;
+Added: the Agreement may be renewed for one or more additional one-year terms upon the written agreement of both parties.
+Added: The agreement provides for, among other things, an annual base salary of $1.15 million and upon involuntary termination of employment (other than for cause, death or disability) or resignation for good reason severance of 1.5 times annual base salary and target bonus, and accelerated vesting of certain equity awards.
+Added: This description is qualified in its entirety by reference to the full text of the agreement, which is filed as Exhibit 10.2 to this Form 10-Q.
Item 6—Exhibits
7 unchanged sentences
3.2 Bylaws as amended of Costco Wholesale Corporation
−Removed: 10-Q 5/8/2022 6/2/2022
+Added: 8-K 8/10/2023
+Added: 10.1* Fiscal 2024 Executive Bonus Plan
+Added: 8-K 11/24/2023
+Added: 10.2* Executive Employment Agreement effective January 1, 2024, between Ron Vachris and Costco Wholesale Corporation
31.1 Rule 13(a) – 14(a) Certifications
7 unchanged sentences
104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) x
+Added: _____________________
+Added: * Management contract, compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
C OSTCO W HOLESALE C ORPORATION
−Removed: May 31, 2023 By /s/ W.
+Added: December 20, 2023 By /s/ W.
C RAIG J ELINEK
1 unchanged sentence
Chief Executive Officer and Director
−Removed: May 31, 2023 By /s/ R ICHARD A.
+Added: December 20, 2023 By /s/ R ICHARD A.
Date Richard A.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.