Company: L
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011755
Chunk: 6

Company: LOEWS CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 6
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 SAR awards outstanding for each non-management director was: Ann E. Berman, 9,000; Joseph L. Bower, 9,000; Charles D. Davidson, 0; Charles M. Diker, 9,000; Paul J. Fribourg, 9,000; Walter L. Harris, 9,000; Jonathan C. Locker, 0; Susan P. Peters, 0; Andrew H. Tisch, 60,000; and Anthony Welters, 9,000. |

| (3) | Joseph L. Bower retired from the Board as of our 2024 annual meeting of shareholders. Amounts reflect compensation for service prior to the meeting. |

| (4) | Represents director fees earned for service on CNA’s Board of Directors. |

| Loews Corporation2025 Proxy Statement |     | 17 |

TABLE OF CONTENTS Board Governance Information Transactions with Related Persons Our Audit Committee Charter requires our Audit Committee to review and approve all related party transactions required to be disclosed under Securities and Exchange Commission rules. It has been our Audit Committee’s practice, however, to review and approve or ratify any transaction, regardless of the size or amount, involving us or any of our subsidiaries in which any of our directors, director nominees, executive officers, principal shareholders or any of their immediate family members has had or will have a direct or indirect material interest, without the participation of any member who may be involved in the transaction. All such related party transactions are submitted to our General Counsel for review and reported to our Audit Committee for its consideration. In each case, the Audit Committee considers, in light of all of the facts and circumstances it deems relevant, whether the transaction is fair and reasonable to us. Our Audit Committee reviewed and approved or ratified each of the following 2024 related party transactions: Jonathan M. Tisch owns a personal aircraft. From time to time he uses this aircraft for business purposes in connection with his role as Executive Chairman of Loews Hotels and seeks reimbursement from Loews Hotels for the costs associated with the business travel. The amount of such reimbursement is the lesser of (i) his actual costs associated with the flight and (ii) the cost of using Loews Hotels’ fractional aircraft interest for the flight that would have been applicable had he used Loews Hotels’ fractional aircraft interest. Any reimbursement is adjusted for any portion of the trip that is allocable to non-business travel. The reimbursable amount for such business use of his personal aircraft