Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 103

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 103
---
25 PSUs reflected the definitions and automatic adjustments pre-established by the Compensation Committee in March 2022. For purposes of the Incentive EPS growth goals for FY23-25, the baseline Incentive EPS for FY22 of $3.03 was determined based on FY22 diluted EPS reported in our Annual Report on Form 10-K for FY22 of $2.70, adjusted to exclude certain temporary items related to the COVID-19 pandemic, debt extinguishment charge, mark-to-market impact of inventory derivatives, and excess tax benefits from stock-based compensation. Actual Incentive EPS for FY25 of $4.27 was determined based on FY25 diluted EPS reported in our Annual Report on Form 10-K for FY25 of $4.26, adjusted under the terms pre-established by the Compensation Committee to reflect pre-established currency exchange rates, planned corporate tax rates, and planned share counts and to exclude the impact of mark-to-market impact of inventory derivatives, equity investments in Brands for Less and Multibrand Outlet Stores, and excess tax benefits from stock-based compensation. Because FY23-25 Incentive EPS was determined based on planned share counts pre-established by the Compensation Committee, the Incentive EPS goals and results exclude the impact of unbudgeted buybacks.

#### 68The TJX Companies, Inc.

#### Appendix A

### INCENTIVE ROIC
Incentive ROIC goals and results for F23-25 reflected the definitions and automatic adjustments pre-established by the Compensation Committee in March 2022. Incentive ROIC for FY23, FY24, and FY25 was calculated as follows:*

|                                                     |     | FY23            
 ($ in millions) |     |         |   | FY24            
 ($ in millions) |     |         |   | FY25            
 ($ in millions) |     |         |   |
| Numerator                                           |     |                 |     |         |   |                 |     |         |   |                 |     |         |   |
| Pre-tax income                                      |     |                 |     |  $4,636 |   |                 |     |  $5,967 |   |                 |     |  $6,483 |   |
| Pre-tax income for Incentive ROIC(1)                |     |                 |     |  $4,877 |   |                 |     |  $5,867 |   |                 |     |  $6,468 |   |
| Add interest (income)