Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 26

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 26
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 Finance, Legal, Human Resources, Marketing, and Operations, is responsible for providing strategic management oversight, guidance, and support related to corporate responsibility priorities in alignment with our business priorities. The scope of the executive steering committee's work extends across business functions and geographies, and the executive steering committee also is responsible for providing periodic updates to the Board.

#### 2025 Proxy Statement19

#### Corporate Governance
Senior leaders from Corporate Finance, Environmental Sustainability, and Human Resources form a corporate responsibility leadership committee. The leadership committee's responsibilities include supporting efforts around our global corporate responsibility strategies, including those related to regulatory reporting; overseeing progress against our environmental sustainability goals; considering adoption of additional goals and opportunities aligned with our corporate responsibility priorities; providing periodic updates to the executive steering committee; and sponsoring and tracking the progress of functional teams. Functional teams throughout our global organization are responsible for the collaboration, strategy, and execution against our corporate responsibility initiatives, regulatory reports and voluntary disclosures, and progress against our environmental goals.

The Board's oversight role is supported by these cross functional committees and teams. For example, the Board has received updates on the development of our global environmental sustainability goals, the leadership committee's support of the functional teams responsible for executing on them, and progress toward meeting the goals.

#### Compensation Risk Assessment
In addition to our regular enterprise risk assessment process, we review the risks associated with our compensation plans and arrangements. In FY25, the Compensation Committee conducted a compensation risk assessment that covered overall compensation policies and practices for TJX’s Associates and determined that they do not give rise to risks that are reasonably likely to have a material adverse effect on TJX. The assessment was led by our Chief Risk and Compliance Officer, whose responsibilities include leadership of our enterprise risk management process, in coordination with our internal legal team, and included consultation with and input from senior executives, the Compensation Committee’s independent compensation consultant, and external legal counsel. The assessment considered, among other things, the balance of potential risks and rewards related to our compensation programs and the role of those programs in implementing our corporate strategy. The assessment also considered factors intended to monitor, mitigate and manage compensation-related risk at TJX including Board and Committee oversight; the Compensation Committee’s use of an independent compensation consultant; compensation mix, caps on payouts, and emphasis on performance-based pay; market checks; our talent strategies including broad-based pay and benefits initiatives; Associate communications and training; and clawback and other recoupment policies, hedging and pledging prohibitions, and other company policies, internal controls, and risk management initiatives