Company: CL
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0000021665-25-000034
Chunk: 14

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-06-25
Form: 11-K
Chunk 14
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 in thousands, except as indicated)</div>

The following table presents net investment income (loss) for the Master Trust for the year ended December 31, 2024:

| Master Trust net investment income (loss):         |     | For the Year Ended 
 December 31, 2024  |         |
|:---------------------------------------------------|:----|:-------------------|--------:|
| Interest                                           |     | $                  |   5,734 |
| Dividends                                          |     |                    |  21,582 |
| Appreciation in the fair value of investments, net |     |                    | 326,838 |
| Master Trust net investment income (loss):         |     | $                  | 354,154 |

The Plan’s interest in Colgate-Palmolive Savings & Investment Plans Master Trust's net investment income for the year ended December 31, 2024 was $351,901.

#### 5. Investments and Fair Value Measurements
Fair Value Measurements

The Plan uses available market information and other valuation methodologies in assessing the fair value of financial instruments. Judgment is required in interpreting market data to develop the estimates of fair value and, accordingly, changes in assumptions or the estimation methodologies may affect the fair value estimates.

Assets and liabilities carried at fair value are classified as follows:

| Level 1: |     | Based upon quoted market prices in active markets for identical assets or liabilities. |

| Level 2: |     | Based upon observable market-based inputs or unobservable inputs that are corroborated by market data. |

| Level 3: |     | Based upon unobservable inputs reflecting the reporting entity’s own assumptions. |

The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used maximize the use of observable inputs and minimize the use of unobservable inputs.

The valuation methodologies used for Plan assets are as follows:

Colgate-Palmolive Company Common Stock: Valued at the closing price reported on the active market on which the individual securities are traded.

Mutual funds: Valued at the NAV of units held by the Plan at year end based upon quoted market prices. The investments provide daily redemptions by the Plan with no advance notice requirements, and have redemption prices that are determined by the fund’s NAV per unit as of the redemption date.

Cash reserve funds: Valued at cost, which approximates fair value. The funds have no restrictions from redemption .

Separately managed