DDS · Dillard's, Inc. · Insider Trading

Form of Beneficial Ownership adjusted to reflect 60 shares of Dillard's, Inc (the "Issuer") Class A Common Stock that were transferred from the reporting person's retirement plan to a brokerage account on 08/04/26,

Form of Beneficial Ownership adjusted to reflect 59 shares of Dillard's, Inc (the "Issuer") Class A Common Stock that were transferred from the reporting person's retirement plan to a brokerage account on 06/17/26, adjusted for one share from 60 shares to reflect rounding.

Form of Beneficial Ownership adjusted to reflect 59 shares of Dillard's, Inc (the "Issuer") Class A Common Stock that were transferred from the reporting person's retirement plan to a brokerage account on 06/17/26, adjusted for one share from 60 shares to reflect rounding.

Form of Beneficial Ownership adjusted to reflect 60 shares of Dillard's, Inc (the "Issuer") Class A Common Stock that were transferred from the reporting person's retirement plan to a brokerage account on 06/17/26.

On June 4, 2026, pursuant to the Agreement and Plan of Merger, dated as of March 20, 2026 (as amended, the "Merger Agreement"), by and among Dillard's, Inc. (the "Issuer"), W.D. Company, Inc., an Arkansas corporation ("WDC"), and Alex Dillard, solely in his capacity as the shareholder representative, WDC was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger. The amount reported represents shares of Issuer Class A Common Stock acquired by a trust for the benefit of the reporting person upon consummation of the Merger, in such trust's capacity as a shareholder of WDC.

Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement).

The amount reported represents shares of Issuer Class A Common Stock held by a trust for the benefit of the reporting person, for which the reporting person serves as trustee.

On June 4, 2026, pursuant to the Agreement and Plan of Merger, dated as of March 20, 2026 (as amended, the "Merger Agreement"), by and among Dillard's, Inc. (the "Issuer"), W.D. Company, Inc., an Arkansas corporation ("WDC"), and Alex Dillard, solely in his capacity as the shareholder representative, WDC was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger. The amount reported represents shares of Issuer Class A Common Stock disposed of by WDC upon consummation of the Merger.

Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up to 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement).