Item 5. Other Information

During the quarter ended November 30, 2024, no director or officer of FedEx adopted, modified, or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as such terms are defined in Item 408(a) of Regulation S-K.

As previously disclosed, Mark R. Allen stepped down as Executive Vice President, General Counsel and Secretary of FedEx on September 23, 2024, and has served as Executive Vice President and Senior Advisor since September 24, 2024. On December 18, 2024, the FedEx Board of Directors approved the extension of Mr. Allen’s retirement date from December 31, 2024, to May 31, 2025, and Mr. Allen will remain employed by FedEx as Executive Vice President and Senior Advisor through his new retirement date. As previously disclosed, FedEx will provide Mr. Allen with security services, computer and communications support, and digital protection services through December 31, 2025. There were no changes to Mr. Allen’s compensation made as a result of the change in his retirement date.

Disclosure Pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 and Section 13(r) of the Exchange Act. As part of its intellectual property (“IP”) protection efforts, FedEx has obtained and maintains patents and trademarks in Iran. Periodically, FedEx pays renewal fees, through IP service providers located in Lebanon, to the Iran Intellectual Property

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Office (“IIPO”) for these patents and trademarks and has sought to prosecute and defend such trademarks. On August 18, 2023, OFAC granted FedEx a specific license to make payments to IIPO at its account in Bank Melli, which was designated on November 5, 2018 by OFAC under its counterterrorism authority pursuant to Executive Order 13224. As authorized by OFAC’s specific license, in the quarter ended November 30, 2024, FedEx paid $160 to IIPO as part of its intellectual property protection efforts in Iran. FedEx plans to continue maintenance and payment of renewal fees to the IIPO, or any successor entity, pursuant to applicable OFAC licenses.

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