Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 47

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 47
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23-25)
PSU and LRPIP goals and awards for the FY23-25 LTI cycle were established by the Committee in March 2022 pursuant to the process described in the Incentive Plan Goal-Setting section set forth above. The Committee determined that the performance goals detailed below were appropriate and effective metrics to motivate, focus, and reward operational performance across the Company over a longer time horizon, and that using goals that are based on aggregate targets for all divisions would promote our team-based approach to achieving our long-term goals. At the beginning of the FY23-25 cycle, the Committee also approved individual PSU awards and LRPIP opportunities based on a variety of factors, including an assessment of overall market competitiveness, mix of compensation elements, contractual obligations, and individual responsibilities at the time of the grant. These goals and awards for the FY23-25 cycle are detailed below.

### FY23-25 PSU Performance Goals and Results
Following the end of the FY23-25 performance period, PSU performance results were approved by the Committee as follows:

| FY23-25 Incentive EPS*    |     |    | Threshold |                        |     | Target |     |     | Maximum |                        |       | Actual |
| Performance goal          |     |    |     $3.32 | $3.90                  
 = 8.8%CAGR over        
 FY22 baseline of $3.03 |     |        |     |     |   $4.57 | $4.27                  
 = 12.1%CAGR over       
 FY22 baseline of $3.03 |       |        |
| Percentage of target      |     | 85 |         % |                        | 100 | %      |     | 117 |       % |                        | 109.5 | %      |
| Payout (as a % of target) |     | 25 |         % |                        | 100 | %      |     | 200 |       % |                        | 155.9 | %      |

* Incentive EPS goals and results for FY23-25 PSUs reflected the definitions and automatic adjustments for the FY23-25 performance period pre-established by the Committee in March 2022. Refer to Appendix A for information about how Incentive EPS was determined based on diluted EPS reported in our Annual Report on Form 10-K for FY25. Percentage of target shown above is based on the target Incentive EPS level that corresponds to the target CAGR goal for FY23-25