Company: CL
Filing Date: 2025-11-05
Form Type: 424B2
Source: 0001104659-25-106990
Chunk: 20

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-11-05
Form: 424B2
Chunk 20
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 basis (ACTUAL/ACTUAL (ICMA)) of the Comparable Government
Bond, assuming a price for the Comparable Government Bond (expressed as a percentage of its principal amount) equal to the Comparable
Government Bond Price for such date of redemption.

“Calculation Agent” means an independent
investment banking or commercial banking institution of international standing appointed by us.

“Comparable Government Bond” means
the Federal Republic of Germany government security or securities selected by one of the Reference Government Bond Dealers appointed by
us as having an actual or interpolated maturity comparable with the remaining term of the Notes (assuming the Notes matured on the Par
Call Date) that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues
of euro-denominated corporate debt securities of a maturity comparable to the remaining term of the Notes assuming the Notes matured on
the Par Call Date.

“Comparable Government Bond Price”
means, with respect to any redemption date, (A) the arithmetic average of the Reference Government Bond Dealer Quotations for such
redemption date, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (B) if the Calculation
Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations.

“Reference Government Bond Dealer”
means each of four banks selected by us, which are (A) primary European government securities dealers, and their respective successors,
or (B) market makers in pricing corporate bond issues.

“Reference Government Bond Dealer Quotations”
means, with respect to each Reference Government Bond Dealer and any redemption date, the arithmetic average, as determined by the Calculation
Agent, of the bid and offered prices for the Comparable Government Bond (expressed in each case as a percentage of its principal amount)
at 11:00 a.m., Central European Time (CET), on the third Business Day preceding such date for redemption quoted in writing to the Calculation
Agent by such Reference Government Bond Dealer.

Notice of redemption will be given at least 10
but not more than 60 days before the redemption date to each holder of record of the Notes to be redeemed at its registered address, provided
that while the Notes are represented by one or more global Notes, notice of redemption may, at our option, instead be given to holders
of Notes (and beneficial interests therein) in accordance with the applicable rules and regulations of Euroclear and Clearstream.
The notice of redemption for the Notes will state, among other