Company: CL
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001308179-25-000223
Chunk: 11

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 11
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 whether through managing international business operations or living and working outside        
 the United States; an understanding of the language and culture of non-English speaking countries is also important.                  |     | Since                                                                                                                              
 approximately two-thirds of our net sales are generated outside the United States and we are focused on continuing to drive        
 household penetration in markets with growing populations, having directors with experience managing international operations      
 is essential. Exposure to different cultural perspectives and practices is also important in helping us meet the needs of          
 our global consumers in the over 200 countries and territories worldwide in which we market our products.                          |
| Corporate                                                                                                                             
 Governance—Has sufficient applicable                                                                                                  
 experience to understand and fulfill the legal and other responsibilities of an independent director of a U.S.-based public           
 company.                                                                                                                              |     | Excellence                                                                                                                         
 in corporate governance accompanies and greatly aids our long-term business success, including by promoting transparency,          
 accountability and promotion of stakeholder value. Having directors with experience serving as directors or governance executives  
 of other U.S. public companies helps ensure the Board deeply understands its roles and duties and we remain at the forefront       
 of excellent corporate governance.                                                                                                 |

| 12 |

Governance The NGCR Committee expects each of our directors to have the personal qualities necessary to make a substantial contribution to the Board, including high moral and ethical standards, strong communication and interpersonal skills, a commitment to Colgate’s success and the willingness and ability to devote sufficient time to discharge their duties. Prospective directors should not currently be, or have been within the past three years, an officer or director of a competitor. If proposed as an independent director, prospective directors must also satisfy our director independence standards. In addition, the NGCR Committee has a policy of promoting diverse backgrounds and perspectives on the Board, as it believes the Board should constantly be striving to reflect the communities in which we operate. The NGCR Committee implements this policy through its director recruitment efforts and assesses the effectiveness of the policy regularly through Board and committee self-evaluations. The NGCR Committee will consider director candidates recommended by stockholders and others if such candidates meet our criteria for Board membership, evaluating them in the same manner in which the committee evaluates other candidates. Such recommendations should be made in writing to the NGCR Committee or the Company Secretary and should include a description of the qualifications of the proposed candidate. Any of our stockholders may also nominate a director at a stockholders’ meeting, and eligible stockholders may also nominate directors for inclusion in our proxy statement, in each