Company: TR
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001558370-25-001926
Chunk: 6

Company: TOOTSIE ROLL INDUSTRIES INC
Filing Date: 2025-02-28
Form: 10-K
Item: Item 13
Chunk 6
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ITEM 13.             Certain Relationships and Related Transactions, and Director Independence.

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See the section entitled “Related Person Transactions” of the Proxy Statement, which is incorporated herein by reference.

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The Company’s board of directors has determined that its non-management directors, Mr. Chodos and Ms. Wardynski and Ms. Lewis-Brent, are independent under the New York Stock Exchange listing standards because they have no direct or indirect relationship with the Company other than through their service on the Board of Directors.

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ITEM 14.             Principal Accountant Fees and Services.

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See the section entitled “Independent Auditor Fees and Services” of the Proxy Statement, which is incorporated herein by reference.

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ITEM 15.             Exhibits, Financial Statement Schedules.

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​                             (a) Financial Statements.​​​                             (1) The following financial statements are included in Item 8:​​​                                        Report of Independent Registered Public Accounting Firm​​​                                        Consolidated Statements of Earnings and Retained Earnings for each of the three years ended December 31, 2024, 2023 and 2022​​​                                        Consolidated Statements of Comprehensive Earnings for each of the three years ended December 31, 2024, 2023 and 2022​​​                                        Consolidated Statements of Financial Position at December 31, 2024 and 2023​​​                                        Consolidated Statements of Cash Flows for each of the three years ended in the period December 31, 2024, 2023 and 2022​​​                                        Notes to Consolidated Financial Statements​​​​​​​                             (2) Financial Statement Schedules.​​​The financial statement schedule included in this Form 10-K is Schedule II - Valuation and Qualifying Accounts and Reserves for the Year Ended December 31, 2024, 2023 and 2022 (see Schedule II immediately following ITEM 16 of this Form 10-K).​​​​​​​                             (3) Exhibits required by Item 601 of Regulation S-K:​​​                                   See Index to Exhibits which appears following Financial Schedule II.​

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