Company: CLX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001552781-25-000311
Chunk: 11

Company: CLOROX CO /DE/
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 11
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 the nature of the risks and leverages the judgment and experiences of its directors in evaluating these risks. See the Director Skills & Experiencesection of this proxy statement for more information on our director nominees’ skill attributes. Risk Oversight by Board Committees The Board carries out its risk oversight function at both the full Board level and through its committees. Each committee has been charged with overseeing risks within their areas of responsibility as detailed below and regularly reports to the full Board to facilitate comprehensive and coordinated oversight by the full Board. See Board Committeesfor additional information on the risk oversight and management responsibilities of each committee.

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 Clorox Company 2025 Proxy Statement > Corporate Governance and Board Matters | 30 |

Enterprise Risk Management

The Board has overall responsibility for risk oversight and ensuring that the Company designs policies and procedures to properly identify, assess and manage risk. The Company’s Enterprise Risk Management (ERM) Steering Committee consists of a cross-functional team of key executives and senior leaders that oversees the Enterprise Risk Assessment (ERA) key risk identification process, which occurs at least annually.

In fiscal year 2025, we continued to enhance our ERA assessment to facilitate a broader set of inputs into the ERA process from across the Company and to continue to operationalize ERM through strategic risk assessments and cross-functional coordination. We also continued to assess risks and mitigation plans on an ongoing basis.

The enhanced ERA process results in our enterprise risk prioritization, which sets out the top risk areas faced by the Company, linked with clear action plans, and separate tracking for external risk drivers that may impact the Company.

The Board is highly engaged with management on the annual refresh of the enterprise risk prioritization. This is supplemented by quarterly Board updates on top enterprise risks and mitigation strategies, as well as regular deep dive risk reviews on key subject areas for the Company, such as product quality, cybersecurity and technology implementation.

Reporting Protocol and Crisis Management

The Company has formal governance structure and reporting channel policies that require management to notify the Board of certain matters (among others):

•significant threatened or actual litigation,

•significant governmental or regulatory inquiry or proceeding,

•any incidents that could materially impact the Company’s reputation, including cybersecurity-related issues that could involve the significant misappropriation of personal data or sensitive or valuable Company data, or

•any incidents that may have significant operational, financial, or legal impacts.

This reporting protocol is a key component of the Board’s oversight of the Company’s crisis management program.

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 Clorox Company 2025 Proxy Statement > Corporate Governance and