Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 24

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 24
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 broad range of risks to the business. The process analyzes global operational feedback annually in an effort to identify, understand, and mitigate key risks based on their probability and severity. The Board is kept informed of ongoing management and mitigation efforts related to key risks. In addition to the annual evaluation of our enterprise risk management program, the Board and its Committees receive at least quarterly updates from our Chief Risk and Compliance Officer. |

#### 18The TJX Companies, Inc.

#### Corporate Governance

### SELECT AREAS OF BOARD OVERSIGHT
The Board oversees and guides the Company's strategic direction by regularly discussing business strategy with management, receiving updates on ongoing operations, specific topics in key function areas, significant strategic initiatives, and certain corporate responsibility matters and generally using this information to monitor and manage risks associated with the business, directly and through its Committee structure. Throughout the year, the Board and Committees discuss operations across our reporting segments and consider the effectiveness of our ongoing corporate strategy as well as our core business priorities. Through these meetings, the Board and Committees also consider drivers of our business execution and relevant challenges and risks to help support the long-term success of the business. The following highlights selected areas of oversight.

#### Culture and Human Capital Management
Our Board oversees risks and opportunities related to management of our large, global workforce, including through oversight of our management succession planning; consideration of our total rewards strategy and of the cultural factors and leadership competencies we use to express our organizational values; regular review of financial plans and expenditures; and oversight of our enterprise risk management program. Our Board also, directly and through its Committees, receives periodic updates on key topics such as strategies for attracting and retaining talent, our merchant training program, Associate relations, our inclusion and diversity initiatives, wage and benefit strategies, and our compliance programs. Under its charter, the Compensation Committee helps supports the Board’s oversight of broad-based compensation and benefits matters as well as executive compensation. Board members also visit our stores, distribution centers, and other facilities to gain a real-time view of our operations, customer service, and culture.

### Management Succession Planning and Leadership Development
The Board oversees our management succession planning, including CEO succession planning. In addition to regularly scheduled sessions focused on leadership assessment and organizational planning, the Board meets with senior leadership in other formal and informal settings that provide visibility into our talent pipeline and broader exposure to the management of the Company. Board members regularly meet with divisional leadership, heads of key operational functions, and other members of Company management during Board meetings, separately requested meetings with management, and formal