Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 40

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 40
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 Compensation Discussion and Analysis

### SHAREHOLDER FEEDBACK AND SUPPORT
| The Committee values feedback from our shareholders on executive compensation. Shareholder feedback over several years has informed our approach to topics such as performance metrics, incentive plan goals, and other compensation-related matters, and the Committee considers shareholder perspectives throughout the year as part of its oversight of executive compensation. Our approach to executive compensation for FY25 continued the longstanding key features of our program, and we received positive feedback from shareholders about the overall structure and design of our program as part of the extensive shareholder outreach initiative led by our Committee in FY23. We received 94% and 91% support in our say-on-pay votes in 2023 and 2024, respectively, which we believe represents strong shareholder support for our compensation program. |     | support for our 2024 
 say-on-pay vote      |

### OUR COMPENSATION POLICIES AND PRACTICES
The Committee follows a thoughtful and deliberate approach in overseeing executive compensation and making compensation decisions throughout the year, as discussed below and on the following pages.

| What We Do                                                                                                              |     | What We Don't Do                                                                             |
| Pay for performance, with incentive payouts based on the achievement of objective financial performance results         
 Stock ownership guidelines for our executive officers and non-employee directors                                        
 Clawback policy and other recoupment provisions and, as applicable, post-employment non-competition and other covenants 
 Regular engagement with shareholders on a range of topics                                                               
 Robust and deliberate decision-making process                                                                           
 Independent compensation consultant                                                                                     |     | No change of control excise tax gross-ups                                                    
 No single-trigger severance benefits upon a change of control                                
 No automatic full acceleration of equity awards upon a change of control                     
 No hedging or pledging of Company stock by our executive officers and non-employee directors 
 No payout of dividends on unearned stock awards                                              |

#### 2025 Proxy Statement31

### Compensation Discussion and Analysis

#### FY25 EXECUTIVE COMPENSATION PROGRAM
Our FY25 executive compensation program consisted of base salary and annual and long-term incentives as summarized below.

|                                   |     | Salary                                                                      |     | •Provide a base level of compensation to reflect individual roles, responsibilities, and experience, individual performance evaluations, and value in the marketplace |
|                                   |     | Management Incentive Plan (MIP)                                             |     | •Incentivize performance based on our annual financial goals                                                                                                          
 •Encourage engagement, teamwork, and collaboration as One TJX