Company: CLX
Filing Date: 2025-06-26
Form Type: 11-K
Source: 0001206774-25-000433
Chunk: 6

Company: CLOROX CO /DE/
Filing Date: 2025-06-26
Form: 11-K
Chunk 6
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 contribution, are automatically enrolled in the Plan at
a 6% contribution rate.

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Employees receive a dollar for dollar employer
matching contribution up to a maximum of 4% of eligible compensation. Participants need to have completed one year of service to receive
the match. Matching contributions are funded each pay period.

Eligible participants also receive a non-elective
employer contribution. Participants must have completed one year of service and be an active employee at the end of the Plan year
to be able to receive the non-elective employer contribution. The non-elective employer contribution is equal to 6% of eligible compensation
during the plan year. The non-elective employer contribution is funded during the quarter subsequent to the Plan year end. See “Vesting”
section for more information.

Participants may also rollover amounts representing
distributions from other qualified defined benefit or defined contribution plans.

Investment Options

Participants direct investment of their contributions
and the Companies’ contributions into the various investment options offered by the Plan. The Plan offers investments in The Clorox
Company’s common stock, mutual funds, common collective trust funds and a money market fund.

Participant Accounts

Each participant’s account is credited with
the participant’s contribution and an allocation of: (a) Company contributions and (b) Plan earnings. Allocations are based on participant’s
eligible compensation for the employer match and employer non-elective contributions and investment balance for investment earnings. At
the discretion of the Committee, forfeited balances of terminated participants’ non-vested accounts may be used to pay Plan expenses,
to reduce the Companies’ contributions to the Plan, or to restore forfeited accounts of previously terminated participants who subsequently
resumed employment with the Companies.

7

Vesting

Participants are always fully vested in their
individual contributions, the Companies’ matching contributions, and actual earnings thereon.

The non-elective employer contributions account
will vest in accordance with the following schedule:

| Years of Service |     | Percentage |     |   |
| 1                |     |            |   0 | % |
| 2                |     |            |  20 | % |
| 3                |     |            |  40 | % |
| 4                |     |            |  66 | % |
| 5                |     |            | 100 | % |

Participants become immediately vested in the
non-elective employer contribution upon reaching age 60 while employed by the Companies, at death, or upon termination