• Macy's named Deirdre P. Connelly lead independent director, effective December 12, 2026, succeeding Paul C. Varga.
• Varga notified the company October 23, 2026, of his board resignation, effective December 11, 2026.
• He has served as a director since 2012 and lead independent director since 2021.
• The board will have nine directors effective December 11, 2026.
• The changes reflect regular succession planning; Varga's resignation was not due to disagreements with the company, board or management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Macy's Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000794367-26-000049), on October 23, 2026, and is solely responsible for the information contained therein.