Company: L
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011755
Chunk: 51

Company: LOEWS CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 51
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 on restricted stock. The Company will not be entitled to any tax deduction with respect to an ISO if the recipient holds the shares for the ISO holding periods prior to disposition of shares. The Company is generally not entitled to a tax deduction for any award with respect to any amount that represents compensation in excess of $1 million paid to “covered employees” under the Internal Revenue Code. SECTION 409A The terms of the 2025 Plan and each award are intended to comply with Section 409A, which imposes specific restrictions on nonqualified deferred compensation arrangements. All awards under the 2025 Plan that are intended to be exempt from Section 409A will be interpreted, administered and construed to comply with and preserve the exemption, and all awards granted under the 2025 Plan that are intended to be nonqualified deferred compensation subject to Section 409A will be interpreted, administered and construed to comply with Section 409A. If an award is subject to Section 409A, but does not comply with the requirements of Section 409A, the taxable events as described above could apply earlier than described and could result in the imposition of an additional 20% excise tax and interest charge on the award.

| Our Board recommends a voteFORProposal No. 4. |

| 58 |     | Loews Corporation2025 Proxy Statement |

TABLE OF CONTENTS Additional Information

Additional Information Voting As of March 18, 2025, the record date for determination of shareholders entitled to notice of and to vote at the Annual Meeting, there were 210,341,914 shares of our common stock outstanding. Each outstanding share of our common stock is entitled to one vote on all matters that may come before the Annual Meeting. All proxies properly voted in accordance with the instructions below prior to the Annual Meeting and not revoked will be voted at the Annual Meeting. You may revoke your proxy at any time before it is exercised by giving notice in writing to our Corporate Secretary, by granting a proxy bearing a later date or by voting in person at the Annual Meeting. Internet Availability of Proxy Materials. Under Securities and Exchange Commission rules, we have elected to make our proxy materials available to our shareholders over the Internet, rather than mailing paper copies of those materials to each shareholder. We expect to begin mailing an Important Notice Regarding the Availability of Proxy Materials (a “Notice”) on or about April 2, 2025. The Notice contains instructions describing how to access our proxy materials and vote shares by the Internet or by telephone. If you receive a Notice only and