The board of directors of Macy's, Inc. (NYSE: M) today declared a regular quarterly dividend of 18.24 cents per share on Macy's, Inc.’s common stock, an increase of 5%, payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025.

About Macy’s, Inc.

Macy’s, Inc. (NYSE: M) is a trusted source for quality brands through our iconic nameplates – Macy’s, Bloomingdale’s and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit macysinc.com.

Media – Chris Grams communications@macys.com Investors – Pamela Quintiliano investors@macys.com

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