Company: CL
Filing Date: 2025-08-01
Form Type: 8-K
Source: 0000021665-25-000040
Chunk: 1

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-08-01
Form: 8-K
Item: Item 2.05
Chunk 1
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Item 2.05. Costs Associated with Exit or Disposal Activities.

On July 31, 2025, the Company’s Board of Directors approved a new three-year productivity program to drive future growth and support the Company’s 2030 strategy (the “ Productivity Program”).

The program includes initiatives to better align the Company’s organizational structure to support its strategic initiatives, optimize the Company’s global supply chain to drive agility and efficiencies and simplify and streamline its organizational structure to reduce overhead costs. The Productivity Program is projected to result in cumulative pre-tax charges, once all initiatives are approved and implemented, totaling between $200 and $300 million over the course of the three-year program. It is expected that substantially all charges resulting from the Productivity Program will be incurred by December 31, 2028.

Charges related to the Productivity Program will be recorded in the Corporate segment as these decisions are predominantly centrally directed and controlled and are not included in internal measures of segment operating performance.

This Current Report on Form 8-K contains forward-looking statements (as that term is defined in the U. S. Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission (“ SEC”) in its rules, regulations and releases) about the Productivity Program. These statements are made on the basis of the Company’s views and assumptions as of this time and the Company undertakes no obligation to update these statements unless required by law. These statements are not guarantees of future performance; they involve risks and uncertainties and actual events or results may differ materially from these statements. Potential risks and uncertainties that could cause actual results to differ from expected results include, among others, whether the Company will be able to implement the Productivity Program as planned and whether the estimated amount of charges and the timing thereof resulting from the Productivity Program will differ materially from the current expectations. Investors should consult the Company’s filings with the SEC (including the information set forth under the caption “ Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent filings with the SEC) for information about certain other factors that could cause such differences. Copies of these filings may be obtained upon request from the Company’s Investor Relations Department or on the Company’s web site at http://www. colgatepalmolive. com.