Company: L
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011755
Chunk: 16

Company: LOEWS CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 16
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 aggregate amount of targeted compensation for each named executive officer, we do not rely on formula-driven plans, which could result in unreasonably high compensation levels and encourage excessive risk taking. Instead, aggregate target compensation is based on an evaluation of the individual’s performance, skills, leadership and expected future contributions in the context of our financial performance and seeks to achieve the objectives of our compensation philosophy set forth above. Based on these considerations, we determine an overall level of target cash compensation, a portion of which is to be paid as base salary and the balance of which is structured to be performance-based cash compensation, and a level of stock-based awards. We consider the aggregate compensation (earned or potentially available) to each named executive officer in establishing each element of compensation. 2024 TOTAL CASH AND STOCK-BASED COMPENSATION These charts show each of the three principal elements of our compensation program as a percentage of total cash and stock-based compensation for our Chief Executive Officer and other named executive officers in 2024. CEO

| Base Salary 
 14.4%       |     | Cash Incentive Compensation   
 70.7%                         |     | Stock-Based Awards 
 14.8%              |
|             |     | Incentive Compensation: 85.6% |     |                    |

OTHER NAMED EXECUTIVE OFFICERS

| Base Salary   
 15.8% – 24.0% |     | Cash Incentive Compensation           
 54.7% – 71.3%                         |     | Stock-Based Awards 
 13.0% – 22.9%      |
|               |     | Incentive Compensation: 76.0% – 84.2% |     |                    |

| Loews Corporation2025 Proxy Statement |     | 25 |

TABLE OF CONTENTS Executive Compensation

SAY ON PAY VOTE At our 2024 annual meeting of shareholders, 96% of the shares voted approved, on an advisory basis, our executive compensation program. We believe this result represents a strong endorsement of our executive compensation philosophy and practices.

| SAY ON PAY VOTE APPROVAL                                                                                                                                        |
| In the last five years, we received an average approval of approximately 95% in our annual advisory vote of shareholders on our executive compensation program. |

Compensation Governance We are committed to good compensation governance and design and administer our executive compensation program to be consistent with our business goals and in the best interests of our shareholders. In that regard, we:

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