Company: L
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011755
Chunk: 31

Company: LOEWS CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 31
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. Siegel, James S. Tisch and Jonathan M. Tisch; (b) a discount rate of 5.50% for the Benefit Equalization Plan and Supplemental Benefit; and (c) interest credits for 2025 and future years of 4.36% for the Benefit Equalization Plan and Supplemental Benefit. Other interest rate and mortality rate assumptions used are consistent with those used in our financial statements. |

| 42 |     | Loews Corporation2025 Proxy Statement |

TABLE OF CONTENTS Executive Compensation Tables

Nonqualified Deferred Compensation Employees whose cash compensation (base salary and bonus) exceeds the annual IRS compensation limit for 401(k) plans ($345,000 in 2024) are eligible to defer up to 75% of their base salary and 100% of their bonus on a tax-deferred basis under our Deferred Investment Plan. By annual election, a participant chooses the amount to be deferred, the duration of the deferral and whether to receive distributions of deferred amounts in a single payment or in equal annual installments over a period of up to 15 years. In addition, we make annual contributions to the accounts of eligible employees equal to 5% of the participant’s annual cash compensation that exceeds the annual IRS compensation limit for 401(k) plans. Account balances may be allocated by participants among a number of investment funds available under the plan. The Deferred Investment Plan is a nonqualified, unfunded plan under the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA); however, we have established a “rabbi” trust to provide a source of funds (subject to the claims of our creditors), which is administered by an independent financial institution as trustee. In addition to deferrals of cash compensation, employees who receive RSU awards are eligible to defer receipt of up to 100% of the stock underlying such awards, to the extent earned and vested, until the earlier of: (i) a date selected by the employee; (ii) the employee’s separation from service (as defined in Section 409A); and (iii) a change in control (as defined in Section 409A). The following tables show information for 2024 regarding nonqualified deferred compensation for our named executive officers. DEFERRED CASH COMPENSATION

| Name              |     |           Executive 
    Contributions in 
 Last Fiscal Year(1) |     |             Company 
    Contributions in 
 Last Fiscal Year(1) |     |           Aggregate