Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 44

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 44
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 the Committee evaluated Company performance against the MIP performance goals, as summarized below:

| FY25 MIP Incentive Pre-Tax Income* |     |  Threshold |     |     Target |     |    Maximum |     |     Actual |
| Performance goal                   |     | $5,483,452 |     | $6,580,143 |     | $7,402,661 |     | $7,007,747 |
| Percentage of target               |     |        83% |     |       100% |     |       113% |     |     106.5% |
| Payout (as a % of target)          |     |         0% |     |       100% |     |       200% |     |     152.0% |

* MIP Incentive Pre-Tax Income is shown in thousands. MIP Incentive Pre-Tax Income goals and results for FY25 reflected the definitions and automatic adjustments pre-established by the Committee in March 2024. Refer to Appendix A for information about how MIP Incentive Pre-Tax Income was determined based on total segment profit reported in our Annual Report on Form 10-K for FY25.

After the close of FY25 and its review of the objective financial performance results described above, the Committee approved a payout of 152.0% of the target MIP award opportunities for our NEOs.

#### FY25 MIP Award Opportunities and Payouts
Each NEO has a target award opportunity under the MIP that is expressed as a percentage of the individual’s base salary earned during the fiscal year. The Committee approved these individual award opportunities at the beginning of FY25 based on a variety of factors, including an assessment of overall competitiveness, mix of compensation elements, individual performance and responsibilities, and contractual obligations, as discussed under Our Decision Making Process below. For Mr. Herrman and Ms. Meyrowitz, the FY25 target MIP opportunity as a percentage of base salary did not increase over FY24. For our other NEOs, taking into account the factors described above, target MIP opportunities were increased for FY25 as part of the Committee's regular compensation review process, and, in the case of Mr. Klinger, in connection with his promotion to SEVP, Chief Financial Officer. The FY25 MIP award earned by each NEO was determined by applying the MIP payout percentage of 152.0% to the individual’s target award opportunity, as shown below