Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 38

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 38
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 TJX |     | n |     | FY25 Peer Group Average* |     | n |     | S&P 500 Index |

* See Appendix A of this proxy statement for notes on comparable store sales and reconciliations for adjusted diluted EPS. For more information about our FY25 peer group refer to The Role of Our Peer Group below.

#### 28The TJX Companies, Inc.

### Compensation Discussion and Analysis
FY25 EXECUTIVE COMPENSATION OVERVIEW

#### FY25 TOTAL TARGET COMPENSATION PAY MIX
For FY25, our executive compensation program continued to emphasize long-term performance vehicles, which represented the largest component of total target compensation for our NEOs, and a balanced mix of cash and equity-based awards, as shown in the charts below. Total target compensation includes base salary, annual incentives under our Management Incentive Plan (MIP), long-term equity incentives in the form of performance share units (PSUs) and restricted stock units (RSUs) under our Stock Incentive Plan (SIP), and long-term cash incentives under our Long Range Performance Incentive Plan (LRPIP). The elements of our program are discussed further below.

| FY25 CEO Target Compensation |     | FY25 Other NEO Average Target Compensation |

#### FY25 PERFORMANCE MEASURES
Our incentive plan goals consist of 100% objective financial metrics that are intended to align with our long-term business strategy and provide a mix of financial performance measures that seek to balance growth, profitability, and returns.

|                                   |     | Why It’s Included                                                                                                                                |     | How It’s Used                                                                                                                 |
| Pre-Tax Income                    |     | •Reflects profitability across all divisions, including top-line performance and effective expense management                                    
 •Highly relevant to our business, well understood, and aligned with our broad-based incentive programs and One TJX approach to global incentives |     | •Exclusive metric in our annual MIP program, with a target that is aligned with our annual operating plan                     
 •Multi-year cumulative metric in our LRPIP program that is based on our long-range growth plans                               |
| EPS Growth                        |     | •Maintains focus on profitable growth and reinforces attention to corporate results                                                              
 •Important measure internally and externally                                                                                                     |     | •Primary metric in our PSU program                                                                                            
 •Excludes the impact of certain unplanned items, such as unbudgeted buybacks and unanticipated changes in corporate tax rates |
| Return on Invested Capital (ROIC) |     | •Reinforces attention