Fedex (FDX) 10-K Changes Lead 20 July 2026 Filing Roundup

FedEx’s “Schedule II — Valuation and Qualifying Accounts,” together with the report of Ernst & Young LLP dated July 21, 2025 thereon, is presented on pages 126 through 127 of this Annual Report. All other financial statement schedules have been omitted because they are not applicable or the required information is included in FedEx’s consolidated financial statements or the notes thereto. (a)(3) Exhibits Exhibit Number Description of Exhibit Certificate of Incorporation and Bylaws 3.1 Restated Certificate of Incorporation of FedEx. (Filed as Exhibit 3.1 to FedEx’s FY25 Second Qua rter Report on Form 10-Q , and incorporated herein by reference.) 3.2 Amended and Restated Bylaws of FedEx. (Filed as Exhibit 3.1 to FedEx’s Current Report on Form 8-K dated and filed March 11, 2024, and incorporated herein by reference.) Long-Term Debt Instruments *4.1 Description of Capital Stock and Debt Securities.…

FedEx’s “Schedule II — Valuation and Qualifying Accounts,” together with the report of Ernst & Young LLP dated July 20, 2026 thereon, is presented on pages 128 through 129 of this Annual Report. All other financial statement schedules have been omitted because they are not applicable or the required information is included in FedEx’s consolidated financial statements or the notes thereto. (a)(3) Exhibits Exhibit Number Description of Exhibit Plan of Acquisition/Reorganization 2.1 Se paration and Distribution Agreement, effective as of May 28, 2026, by and between the Company and FedEx Freight Holding Company, Inc. (Filed as Exhibit 2.1 to FedEx ’ s Current Report on Form 8-K dated May 28, 2026 and filed June 1, 2026, and in c orporated herein by reference .) Certificate of Incorporation and Bylaws 3.1 Restated Certificate of Incorporation of FedEx. (Filed as Exhibit 3.1 to FedEx’s FY25 Second Qua rter Report on Form 10-Q , and incorporated herein by reference.) 3.2 Amended and Restated Bylaws of FedEx. (Filed as Exhibit 3.1 to FedEx’s Current Report on Form 8-K dated and filed March 11, 2024, and incorporated herein by reference.) Long-Term Debt Instruments *4.1 Description of Capital Stock and Debt Securities. 4.2 Indenture, dated as of August 8, 2006, between FedEx, the Guarantors named therein and The Bank of New York Mellon Trust Company, N.A. (formerly, The Bank of New York Trust Company, N.A.), as trustee. (Filed as Exhibit 4.3 to FedEx’s Registration Statement on Form S-3 filed on September 19, 2012, and incorporated herein by reference.) 4.3 Supplemental Indenture No.

7, dated as of February 26, 2025, among FedEx Corporation, as issuer, the subsidiary guarantors named therein and U.S. Bank Trust Company, National Association, as trustee. (Filed as Exhibit 4.1 to FedEx’s Current Report on Form 8-K dated February 24, 2025 and filed February 26, 2025, and incorporated herein by reference). 4.15 Indenture, dated as of October 23, 2015, between FedEx, the Guarantors named therein and Wells Fargo Bank, National Association, as trustee. (Filed as Exhibit 4.1 to FedEx’s Current Report on Form 8-K dated and filed October 23, 2015, and incorporated herein by reference.) 4.16 Supplemental Indenture No.

Bank National Association. (Filed as Exhibit 4.1 to FedEx’s Current Report on Form 8-K dated December 13, 2021 and filed December 16, 2021, and incorporated herein by reference.) 4.82 Succession Agreement, dated as of December 13, 2021, among FedEx, the guarantors named therein, Computershare Trust Company, N.A., as agent for Wells Fargo Bank, National Association, and U.S. Bank National Association. (Filed as Exhibit 4.2 to FedEx’s Current Report on Form 8-K dated December 13, 2021 and filed December 16, 2021, and incorporated herein by reference.) -120- 4.83 Supplemental Indenture No. 17, dated as of July 30, 2025, among FedEx Corporation, the Guarantors named therein, U.S.

Management’s Discussion and Analysis of Results of Operations and F inancial Condition — Results of Operations and Outlook — Consolidated Results — Retirement Plans MTM Adjustments” and Note 14 of the consolidated financial statements included in “

Management’s Discussion and Analysis of Financ ial Condition and Results of Operations . ” -65- ITEM 8. Our internal control over financial reporting includes, among other things, defined policies and procedures for conducting and governing our business, sophisticated information systems for processing transactions, and a properly staffed, professional internal audit department.

Combined, the Company represents over 100 years of design research and exploration in service of humanity. Within the industries in which the Company operates, Herman Miller and Knoll, along with Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman, Geiger, HAY, Holly Hunt, Maharam, Muuto, NaughtOne, and Spinneybeck|FilzFelt are acknowledged as leading brands that inspire architects and designers to create their best design solutions. This portfolio has enabled MillerKnoll to connect with new audiences, channels, geographies, and product categories.

Combined, the Company represents over 100 years of design research and exploration in service of humanity. Within the industries in which the Company operates, Herman Miller and Knoll, along with Colebrook Bosson Saunders, Design Within Reach, Edelman, FilzFelt, Geiger, HAY, Holly Hunt, Maharam, Muuto, NaughtOne and Spinneybeck are acknowledged as leading brands that inspire architects and designers to create their best design solutions. This portfolio has enabled MillerKnoll to connect with new audiences, channels, geographies, and product categories.

Through contract furniture dealers, direct customer sales, retail stores and studios, eCommerce, wholesalers, and independent retailers, the Company serves contract and residential customers across a range of channels and geographies. As it pertains to its operations, the Company was among the first in the industry to embrace the concepts of lean manufacturing. MKPS provides the foundation for all the Company’s manufacturing operations.

Through contract furniture dealers, direct customer sales, retail stores and studios, eCommerce, wholesalers, and independent retailers, the Company serves contract and residential customers across a range of channels and geographies. As it pertains to its operations, the Company was among the first in the industry to embrace the concept of lean manufacturing. MKPS provides the foundation for all the Company’s manufacturing operations.

8 Changes in spending or budgetary policies of the U.S. Federal Government may materially adversely affect our business. Sales to the U.S. federal government represented approximately 4% of total Company net sales in fiscal year 2025.

There is no assurance that we can identify or otherwise develop these channels of distribution. Our executive leadership transition may adversely affect our ability to execute our strategy and maintain business momentum. In June 2026, we announced the departure of our President and Chief Executive Officer and the appointment of our Chief Operating Officer as Interim Chief Executive Officer while the Board conducts a search for a permanent successor.

The PRC Data Security Law, which was promulgated by the Standing Committee of PRC National People’s Congress, or the SCNPC, on June 10, 2021 and became effective on September 1, 2021, outlines the main system framework of data security protection. The amended Measures of Cybersecurity Review, which was promulgated by the Cyberspace Administration of China (the “CAC”) in December 2021 and came into effect on February 15, 2022, requires cyberspace operators with personal information of more than one million users to file for cybersecurity review with the Cybersecurity Review Office (the “CRO”), in the event such operators plan for an overseas listing. The amended Measures of Cybersecurity Review provide that, among others, an application for cybersecurity review must be made by an issuer that is a “critical information infrastructure operator” or a “data processing operator” as defined therein before such…

The PRC Data Security Law, which was promulgated by the Standing Committee of PRC National People’s Congress, or the SCNPC, on June 10, 2021 and became effective on September 1, 2021, outlines the main system framework of data security protection. The amended Measures of Cybersecurity Review, which was promulgated by the CAC in December 2021 and came into effect on February 15, 2022, requires cyberspace operators with personal information of more than one million users to file for cybersecurity review with the Cybersecurity Review Office (the “CRO”), in the event such operators plan for an overseas listing. The amended Measures of Cybersecurity Review provide that, among others, an application for cybersecurity review must be made by an issuer that is a “critical information infrastructure operator” or a “data processing operator” as defined therein before such issuer’s securities become listed in a foreign country, if the issuer possesses personal information of more than one million users, and that the relevant governmental authorities in the Chinese Mainland may initiate cybersecurity review if such governmental authorities determine an operator’s cyber products or services, data processing or potential listing in a foreign country affect or may affect China’s national security.

8 Financial Information Related to the Consolidated VIEs, Trusts and Partnerships The following table presents the condensed consolidated schedule of financial position, results of operations and cash flow data for our Company, our consolidated VIEs and other subsidiaries as of the dates or for the periods presented. Selected Condensed Consolidating Statements of Operations and Comprehensive Loss For the year ended February 28, 2025 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Net revenues – – – 2,141,654 – – – – 2,141,654 Cost of revenues – – – (2,537,765 ) – – (87 ) – (2,537,852 ) Gross loss (396,111 ) – – (87 ) – (396,198 ) Total other income/ (expenses) (460,220 ) – (38,132 ) (4,587,175 ) – – (4,227 ) – (5,089,754 )…

Financial Information Related to the Consolidated VIEs, Trusts and Partnerships The following table presents the condensed consolidated schedule of financial position, results of operations and cash flow data for our Company, our consolidated VIEs and other subsidiaries as of the dates or for the periods presented. Selected Condensed Consolidating Statements of Operations and Comprehensive Loss For the year ended February 28, 2026 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Net revenues – – – 1,542,867 – – – – 1,542,867 Cost of revenues – – – (1,641,866 ) – – – – (1,641,866 ) Gross loss – – – (98,999 ) – – – – (98,999 ) Total operating expenses (874,044 ) – – (5,587,983 ) – (1,120 ) (7,436 ) – (6,470,583 ) Operating loss (874,044 ) – – (5,686,982 ) – (1,120 ) (7,436 ) – (6,569,582 ) Total other income / (expenses) – – – (124,647 ) – 67 1 – (124,579 ) Loss before taxes from operations (874,044 ) – – (5,811,629 ) – (1,053 ) (7,435 ) – (6,694,161 ) Provision for income taxes (8,000 ) – – ( 3,959 ) – (2 ) – – (11,961 ) Net loss (882,044 ) – – (5,815,588 ) – (1,055 ) (7,435 ) – (6,706,122 ) Net loss attributable to VIE (882,044 ) – – (5,779,801 ) – (1,055 ) (7,435 ) – (6,670,335 ) For the year ended February 28, 2025 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Net revenues – – – 2,141,654 – – – – 2,141,654 Cost of revenues – – – (2,537,765 ) – – (87 ) – (2,537,852 ) Gross loss (396,111 ) – – (87 ) – (396,198 ) Total operating expenses (460,220 ) – (38,132 ) (4,587,175 ) – – (4,227 ) – (5,089,754 ) Operating loss (460,220 ) – (38,132 ) (4,983,286 ) – – (4,314 ) – (5,485,952 ) Total other income / (expenses) 1 – – (523,105 ) – (7 ) 52 – (523,059 ) Loss before taxes from operations (460,219 ) – (38,132 ) (5,506,391 ) – (7 ) (4,262 ) – (6,009,011 ) Provision for income taxes – – – (7,397 ) – – – – (7,397 ) Net loss (460,219 ) – (38,132 ) (5,513,788 ) – (7 ) (4,262 ) – (6,016,408 ) Net loss attributable to VIE (460,219 ) – (38,132 ) (5,490,110 ) – (7 ) （4,262 ) – (5,992,730 ) 10 Selected Condensed Consolidating Balance Sheets Information For the year ended February 28, 2026 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Cash and cash equivalents 25,597 – 42 55,383 – 1,461 1,604 – 84,087 Restricted cash – – – 51,791 – – – – 51,791 Accounts receivable – – – 25,605 – – – – 2 5,605 Inventories – – – 150,078 – – – – 150,078 Amounts due from related parties – 20,000 – – – 726,512 – ( 730,512 ) 16,000 Intercompany receivables – 20,000 104,955 188,497 1,458 291,634 23,485,495 ( 24,092,039 ) – Prepaid expenses and other current assets – – – 1,848,867 – – 36,455 – 1,885,322 Property, plant and equipment, net – – – 3,974,577 – – – – 3,974,577 Intangible assets, net – – – 7,038 – – – – 7,038 Right-of-use assets – – – 76,474 – – – – 76,474 Long -term investments 20,000 120,000 9,263,602 – 282,069 – – (9,685,671 ) – Other non-current assets – – – 65,552 – – – – 65,552 Long-term receivable – – – 1,439,818 – – – – 1,439,818 Total Assets 45,597 160,000 9,36 8,599 7,883,680 283, 527 1,019,607 23,523,554 ( 34,508,222 ) 7,776,342 Short-term Loan – – – 72,909 – – – – 72,909 Accounts payables – – – 484,252 – – – – 484,252 Advances from customers – – – 3,291,785 – – – – 3,291,785 Other current payables 411,385 – 7,293 4,766,990 – – 34 782 5,186,484 Taxes payable – – – 74,968 – – – – 74,968 Amounts due to related parties 1,991,187 – – 1,582,803 – – 3,150 ( 730,512 ) 2,846,628 Intercompany payables 140,883 120,000 40,143 22,756,409 293,092 729,086 – ( 24,079,613 ) – Operating lease liabilities, current – – – 10,789 – – – – 10,789 Operating lease liabilities, non-current – – – 62,936 – – – – 62,936 Long-term bank borrowing – – – 1,385,264 – – – – 1,385,264 Long term payable – – – 2,814,604 – – 22, 827,279 – 25,641,883 Total Liabilities 2,543,455 120,000 47,436 37,303,709 293,092 729,086 22,830,463 ( 24,809,343 ) 39,057,898 Total Stockholders’ (Deficit) Equity ( 2,497,858 ) 40,000 9 ,321,163 (29,420,029 ) ( 9,565 ) 290,521 693,091 ( 9,698,879 ) (31,281,556 ) Total Liabilities and Stockholders’ (Deficit) Equity 45,597 160,000 9 ,368,599 7,883,680 283, 527 1,019,607 23,523,554 ( 34,508,222 ) 7,776,342 For the year ended February 28, 2025 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Cash and cash equivalents 5,272 – 40 96,985 – 1,394 1,574 – 105,265 Restricted cash – – – 9,492 – – – – 9,492 Accounts receivable – – – 122,614 – – – – 122,614 Inventories – – – 119,006 – – – – 119,006 Amounts due from related parties – 20,000 – 54,104 – 685,142 – (689,142 ) 70,104 Intercompany receivables – 20,000 98,831 103,155 1,286 274,620 22,121,347 (22,619,239 ) – Prepaid expenses and other current assets – – – 6,624,750 – – 34,328 – 6,659,078 Property, plant and equipment, net – – – 5,020,365 – – – – 5,020,365 Intangible assets, net – – – 8,911 – – – – 8,911 Right-of-use assets – – – 77,318 – – – – 77,318 Long -term investments 20,000 120,000 9,263,602 – 282,069 – – (9,685,671 ) – Other non-current assets – – – 30,663 – – – – 30,663 Total Assets 25,272 160,000 9,362,473 12,267,363 283,355 961,156 22,157,249 (32,994,052 ) 12,222,816 Short-term Loan – – – 1,373,098 – – – – 1,373,098 Accounts payables – – – 629,535 – – – – 629,535 Advances from customers – – – 3,595,420 – – – – 3,595,420 Other current payables 655 – 6,869 5,740,940 – – 32 782 5,749,278 Taxes payable – – – 67,723 – – – – 67,723 Amounts due to related parties 1,574,573 – – 1,358,591 – – 1,812 (689,142 ) 2,245,834 Intercompany payables 65,858 120,000 37,800 21,434,798 275,906 686,549 – (22,620,911 ) – Operating lease liabilities, current – – – 9,177 – – – – 9,177 Operating lease liabilities, non-current – – – 65,791 – – – – 65,791 Long term payable – – – – – – 21,495,468 – 21,495,468 Total Liabilities 1,641,086 120,000 44,669 34,275,073 275,906 686,549 21,497,312 (23,309,271 ) 35,231,324 Total Stockholders’ (Deficit) Equity (1,615,814 ) 40,000 9,317,804 (22,007,710 ) 7,449 274,607 659,937 (9,684,781 ) (23,008,508 Total Liabilities and Stockholders’ (Deficit) Equity 25,272 160,000 9,362,473 12,267,363 283,355 961,156 22,157,249 (32,994,052 ) 12,222,816 11 Selected Condensed Consolidating Cash Flows Information For the year ended February 28, 2026 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Net cash provided by/(used in) operating activities ( 396,289 ) – – (1,732,585 ) – (1,055 ) ( 7,435 ) 882 (2,136,482 ) Net cash (used in)/ provided by investing activities – – – (171,675 ) – – 6,1 92 (6,192 ) (171,675 ) Net cash provided by financing activities 416,614 – – 1,898,586 – 1,037 1,178 6,192 2,323,607 Effect of exchange rate changes on cash and cash equivalents – – 2 6,371 – 85 95 (882 ) 5,671 Net increase in cash and cash equivalents 20,325 – 2 697 – 67 30 – 21,121 Cash and cash equivalents at the beginning of period 5,272 – 40 106,477 – 1,394 1,574 – 114,757 Cash and cash equivalents at the end of period 25,597 – 42 107,174 – 1,461 1,604 – 135,878 For the year ended February 28, 2025 Parent company Intellegence Parking and its Subsidiaries Huixin WFOE JINGBO VIEs Xinghe and its Subsidiaries Keqiao WFOE Guangzhou Keqiao VIEs Adjustments Combined Net cash provided by/(used in) operating activities (460,369 ) – (38,132 ) (560,006 ) – (7 ) 64,828 (331,504 ) (1,325,190 ) Net cash provided by/(used in) investing activities – – – 270,699 – (691,845 ) (63,240 ) 1,261,380 776,994 Net cash provided by financing activities 463,974 – 38,171 250,287 – 693,259 – (933,574 ) 512,117 Effect of exchange rate changes on cash and cash equivalents – – – (1,340 ) – (13 ) (14 ) 3,698 2,331 Net increase in cash and cash equivalents 3,605 – 39 (40,360 ) – 1,394 1,574 – (33,748 ) Cash and cash equivalents at the beginning of period 1,667 – 1 146,837 – – – – 148,505 Cash and cash equivalents at the end of period 5,272 – 40 106,477 – 1,394 1,574 – 114,757 Service fee and accounts receivable due from VIE to the WFOE is not applicable for any years since the Exclusive Business Corporation Agreement was signed. Based on the Agreement, the service fee is the balance of VIE income after deducting all VIE’s necessary expenses, fee and taxes excluding the consulting fee paid to WFOE, making up for losses in previous years and deducting other legally retained amounts.