Company: CLX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001552781-25-000311
Chunk: 21

Company: CLOROX CO /DE/
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 21
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 compensation recommendations to the MDCC for all executive officers other than herself. In making these recommendations, 
 our CEO evaluates the performance of the executive officers and considers their responsibilities as well as the compensation       
 analysis provided by the independent compensation consultant.                                                                      |
|                                                        | Other                                  
 Members of Management                  | Senior                                                                                                                             
 human resources management provides analyses regarding competitive practices and pay ranges, compensation programs, stock          
 awards, and benefit plans (including perquisites). Senior human resources, legal, and finance executives attend non-executive      
 sessions of the MDCC meetings to provide additional perspective and expertise, as appropriate based on the topics discussed        
 at any given meeting.                                                                                                              |

| The                                                                        
 Clorox Company 2025 Proxy Statement > Compensation Discussion and Analysis | 49 |

Say-on-Pay Vote and Shareholder Engagement

At our 2024 Annual Meeting of Shareholders, we asked our shareholders to approve, on an advisory basis, the fiscal year 2024 compensation granted to our NEOs, commonly referred to as a “say-on-pay” vote. Our shareholders overwhelmingly approved the compensation to our NEOs, with approximately 93% of votes cast in favor of our proposal, signaling their support of our compensation program. We continued our general approach to compensation for fiscal year 2025, specifically our pay-for-performance philosophy and our efforts to attract, retain, and motivate our NEOs. We value the opinions of our shareholdersand will continue to consider the results from advisory votes on executive compensation, as well as feedback received from our shareholders throughout the year, when making compensation decisions for our NEOs.

Use of Market Data

The MDCC uses a peer group of consumer products companies (the compensation peer group) to help determine competitive compensation rates for our executive officers, including the NEOs. The compensation peer group was selected by the MDCC, with input from FW Cook, and is used to evaluate levels of executive compensation and compensation practices within the consumer products industry.

At the time of our compensation peer group review in May 2025, Clorox was at the 48th percentile for market capitalization and 23rd percentile for revenue compared with the compensation peer group in effect for compensation analyses occurring in fiscal year 2025. The MDCC intends to review the compensation peer group again next year, taking into consideration changes in our position versus the overall group based on market capitalization, revenue, and other factors.

| The                                                                        
 Clorox Company 2025 Proxy Statement > Compensation Discussion and Analysis | 50 |

Management engaged