Company: CL
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001308179-25-000223
Chunk: 42

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 42
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 — |    |     |         — |     |              — |     |              — |
|                       |     | Benefits              |     |                                   497,930 | -8 |     |                           40,145 | -9 |     |         — |     |              — |     |              — |

NOTES TO THE POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL TABLE

| (1) | Since                                                                                         
 the Named Officers are retirement-eligible, their outstanding equity would receive retirement 
 treatment upon an involuntary termination without cause.                                      |

| (2) | Represents                                                                                   
 the sum of base salary plus the average of the last three years’ annual bonus awards         
 for each Named Officer, multiplied by the applicable severance period, reduced if applicable 
 due to the “golden parachute” tax as described on page 53.                                   |

| (3) | Represents                                                                             
 the actual annual cash bonus each Named Officer earned for full year 2024 performance. |

| (4) | The                                                                                        
 Named Officers would be entitled to receive previously granted stock options in accordance 
 with their original vesting schedule upon retirement or an involuntary termination without 
 cause (because they are retirement eligible), but the vesting would be accelerated upon    
 a Qualified Termination, death or disability.                                              |

| 2025 Proxy Statement | 55 |

Executive Compensation

| (5) | The                                                                                      
 Named Officers would be entitled to receive previously granted RSUs in accordance with   
 their original vesting schedule upon any of the above triggering events except Qualified 
 Termination, where the vesting would be accelerated.                                     |

| (6) | Upon                                                                                            
 any of the above triggering events except Qualified Termination (discussed in note 7            
 below), the earned PBRSUs for the Growth Performance Plan three-year performance cycle          
 ended December 31, 2024 would continue to vest in accordance with their original vesting        
 schedule. The Named Officers would also be entitled to vest at the conclusion of each           
 in-progress Growth Performance Plan three-year performance cycle in a prorated amount           
 of the PBRSUs earned reflecting the proportion of the performance period for which they         
 were employed. No amounts are shown for those PBRSUs because they remain subject to performance 
 requirements even after the triggering event.                                                   |

| (7) | Represents                                                                              
 the value of earned PBRSUs for the Growth Performance Plan three-year performance cycle 
 ended December 31, 2024, plus the estimated value of previously granted un