Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 55

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 55
---
 to the Summary Compensation Table.

#### Perquisites and Other Benefits
We provide limited perquisites to our NEOs. Perquisites and personal benefits are reviewed by the Committee each year with input from its independent compensation consultant regarding peer and market practices. These perquisites consist generally of automobile allowances; executive health assessments; reimbursement for legal, financial, and tax planning services; data privacy services; reimbursement for home security costs; as well as payment of management life insurance premiums, none of which is grossed up for taxes. Our NEOs are also eligible to receive service recognition awards on the same basis as other Associates. The amounts attributable to these perquisites and benefits are included in the Summary Compensation Table below as All Other Compensation and detailed in footnote 5 to that table.

#### Executive Stock Ownership Guidelines
We have stock ownership guidelines that apply to all of our executive officers. Under these guidelines, our CEO and our Executive Chairman are expected to attain stock ownership with a fair market value equal to at least six times annual base salary. Our Chief Financial Officer and each Senior Executive Vice President are expected to attain stock ownership with a fair market value of at least three times annual base salary. For executives other than the CEO and the Executive Chairman, these ownership guidelines are reduced by fifty percent at age 62. Executives are expected to make steady progress toward the applicable ownership guidelines and to attain them within five years of their hire or promotion date. Executives who have not attained the requisite ownership level are expected to retain at least 50% of the net value of shares of stock received upon or following the vesting of stock awards and/or the exercise of stock options (net of income taxes and, if applicable, exercise price). For purposes of our stock ownership guidelines, shares owned by the executive, outstanding RSUs, and outstanding PSUs at the threshold level (25%) are counted toward the guidelines, but unexercised stock options are not counted. Our stock ownership guidelines, together with our emphasis on long-term equity incentives and other applicable Company policies, are designed to align our executives’ interests with those of our shareholders and to encourage a long-term focus. As of April 15, 2025, each of our executive officers was in compliance with our stock ownership guidelines.

#### Hedging and Pledging Prohibitions
Our policies prohibit our executive officers from engaging in pledging or hedging transactions with respect to TJX stock. See G overnance Policies and Practices above for more information.

#### Employment Agreements
The Committee has reviewed and approved,