Company: L
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011755
Chunk: 30

Company: LOEWS CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 30
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 22,150 |     |      1,542,748 |     |              17,815 |     |      1,295,671 |
| Kenneth I. Siegel |     |                    0 |     |              0 |     |              14,145 |     |      1,028,762 |
| Richard W. Scott  |     |                    0 |     |              0 |     |              14,145 |     |      1,028,762 |

| (1) | James S. Tisch deferred receipt of 100% of the RSU awards that vested in 2024. His deferral election provided that, to the extent such awards vest, receipt of the shares of common stock underlying those RSUs would occur upon the earlier of: (i) a date selected by him (January 2, 2053); (ii) his separation from service (as defined in Section 409A of the Internal Revenue Code (“Section 409A”); and (iii) a change in control (as defined in Section 409A). James S. Tisch retired on December 31, 2024 and the shares of common stock underlying the RSUs that vested in 2024 will be delivered to him following a six-month delay as required under Section 409A. |

| Loews Corporation2025 Proxy Statement |     | 41 |

TABLE OF CONTENTS Executive Compensation Tables

Pension Plans Prior to 2020, we provided a funded, tax qualified, non-contributory retirement plan for certain employees, including our named executive officers (our “Qualified Retirement Plan”). Benefits under tax qualified plans are subject to limitations under the Internal Revenue Code. Accordingly, we also provided an unfunded, nonqualified, non-contributory retirement plan (our “Benefit Equalization Plan”) which provided for benefits that otherwise were not available due to these limitations. Effective December 31, 2019, these plans were frozen, and participants no longer accrued benefits, other than interest credits on accrued balances at a rate determined annually for all participants. Effective December 31, 2022, the Qualified Retirement Plan was terminated. During 2023, our named executive officers received lump-sum distributions of the entire balance of their accumulated benefit under the Qualified Retirement Plan. The Benefit Equalization Plan was not impacted by the termination of the Qualified Retirement Plan, and participants’ accounts continue to receive interest credits on their accrued balances. We also maintain supplemental retirement accounts for Jonathan M