Company: CLX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001552781-25-000311
Chunk: 114

Company: CLOROX CO /DE/
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 114
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ox Company 2025 Proxy Statement > Appendix A | A-53 |

Plan Assets The weighted average target allocation and asset allocations by asset category as of June 30, 2025, are as follows:

|            | %          
 Target     
 Allocation | %       
 of Plan 
 Asset   |
| Equity     
 Investment | 56%        | 63%     |
| Fixed      
 income     | 31%        | 23%     |
| Other      | 13%        | 14%     |
| Total      | 100%       | 100%    |

The target asset allocation are determined based on the optimal balance between risk and return and, at times, are adjusted to achieve the respective plan’s overall investment objective to generate sufficient resources to pay current and projected plan obligations over the life of the plans. The following table sets forth the retirement income plans’ assets carried at fair value as of June 30:

| 2025                                                      |       |   2024 |
| Cash equivalents — Level 1                                |  $  — |   $  — |
| Total assets in the fair value hierarchy                  |     — |      — |
| Common collective trusts measured at net asset value      |       |        |
| Bond funds                                                | $   6 | $    6 |
| International equity funds                                |    17 |     16 |
| Real estate fund                                          |     2 |      2 |
| Other                                                     |     2 |      1 |
| Total common collective trust measured at net asset value |  $ 27 |  $  25 |
| Total assets at fair value                                |  $ 27 |  $  25 |

Common collective trust funds are not publicly traded and were valued at a net asset value unit price determined by the portfolio’s sponsor based on the fair value of underlying assets held by the common collective trust fund on June 30, 2025 and 2024. The common collective trusts are invested in various trusts that attempt to achieve their investment objectives by investing primarily in other collective investment funds that have characteristics consistent with each trust’s overall investment objective and strategy. Defined Contribution Plans The Company has various defined contribution plans for eligible domestic and international employees. The aggregate cost of the domestic defined contribution plans was $57, $63 and $64 in fiscal years 2025, 2024 and 2023, respectively. The aggregate cost of the international defined contribution plans was $4, $5 and $6 for the fiscal years ended