Company: CL
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001308179-25-000223
Chunk: 17

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 17
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. Newman—1,834; Ms. Norrington—20,143; and Mr. Sadove—13,787.

| (4) | The                                                                                                                                
 amounts shown consist of (i) the value of Company-paid life insurance premiums and (ii) matching charitable donations contributed  
 by Colgate in the director’s name pursuant to the Charitable Matching Gifts Program, which is available to all directors           
 and to U.S. employees who are actively employed on a full-time basis. Under the Charitable Matching Gifts Program, we match an     
 individual’s contributions of up to $8,000 per year that are made to eligible institutions on a 1:1 basis. We do not match         
 certain gifts, such as contributions to organizations that are not tax-exempt, dues to alumni or similar groups, tuition payments, 
 contributions to school funds or associations that are not used exclusively to support educational purposes of the institution     
 and any gift for which the donor receives a substantial benefit.                                                                   |

| (5) | Messrs.                                                                                                                            
 Bilbrey and Newman and Ms. Norrington each elected to defer the cash retainer they earned in 2024 and Ms. Edwards elected to defer 
 50% of the cash retainer she earned in 2024. Mr. Bilbrey, Dr. Harris and Mses. Hund-Mejean, Nelson and Norrington each elected     
 to defer the share grant they earned in 2024 pursuant to the procedure described above.                                            |

| (6) | Mr.                                                                                                                               
 Newman became a director effective March 15, 2024. Therefore, his annual retainer, annual share grant and stock option grant were 
 prorated to reflect his service during 2024.                                                                                      |

| (7) | Mr.                                                                                                                             
 Sadove retired from the Board effective May 10, 2024. Therefore, his annual retainer was prorated to reflect his service during 
 2024.                                                                                                                           |

| 2025            
 Proxy Statement | 27 |

Executive Compensation Compensation Discussion and Analysis Introduction This CD&A describes our executive compensation philosophy and program, the compensation decisions made under this program and the specific factors we considered in making those decisions. This CD&A focuses on the compensation of the executive officers listed in the Summary Compensation Table of this Proxy Statement (the “Named Officers”), who are:

| Noel Wallace            | Stanley J. Sutula III | Jennifer M. Daniels | Prabha Parameswaran |