Company: CLX
Filing Date: 2025-06-26
Form Type: 11-K
Source: 0001206774-25-000432
Chunk: 6

Company: CLOROX CO /DE/
Filing Date: 2025-06-26
Form: 11-K
Chunk 6
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,546,000 and $1,544,000, respectively. Subsequent to year end, the Company used $1,750,000 and $1,000,000 of forfeitures to reduce the non-elective employer contribution for the Plan years ended December 31, 2024 and 2023, respectively.

Vesting

Participants are always fully vested in their individual contributions, Company matching contributions, and actual earnings thereon.

The non-elective employer contribution, will vest in varying rates over a period of 5 years as follows:

| Years      
 of Service |     | Vesting    
 Percentage |
| 1          |     | 0%         |
| 2          |     | 20%        |
| 3          |     | 40%        |
| 4          |     | 70%        |
| 5          |     | 100%       |

Participants become immediately vested in the non-elective employer contributions upon reaching age 60 (age 62 for participants not covered by a collective bargaining agreement and who first became a participant on or after July 1, 2011) while employed by the Company, at death, or upon permanent disability. In certain cases, the Committee has the authority to accelerate vesting for specific participants.

Payment of Benefits

The Plan allows for lump-sum and partial distributions of the vested value of a participant’s account at death, upon permanent disability, retirement or upon termination of employment. Hardship and other in-service withdrawals are permitted if certain criteria are met.

8

<div align='center'>The Clorox Company 401(k) Plan

Notes to Financial Statements (continued)</div>

1. Description of the Plan (continued)

Administrative Expenses

The Company pays all administrative expenses except for the quarterly recordkeeping fees, certain investment fees and loan fees, which are deducted from the affected participant’s account.

Plan Termination

Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue or decrease its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of the Plan’s termination, participants will become 100% vested in their accounts.

Plan Amendment

The Plan was amended in February 2024 to be the “qualified replacement plan” as defined in the Code for The Clorox Company Pension Plan (the “Pension Plan”), another plan sponsored by the Company. As a result, $18,500,000 of excess plan assets from the