Company: CLX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001552781-25-000311
Chunk: 39

Company: CLOROX CO /DE/
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 39
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 in the Pension Plan. Messrs. Reynolds and Jacobsen participated in the Pension Plan and cash balance 
 restoration provision of the NQDC. Messrs. Bellet and Hyder and Ms. Barton did not participate in either pension plan.        |

| (2) | Years                                                            
 of credited service is rounded down to the nearest whole number. |

| (3) | As                                                                                                                             
 part of the transition of Pension Plan administration to an insurance company specializing in pension fund management begun in 
 FY23, pension plan participants were offered an opportunity to cash out their plan balances as a one-time lump sum             
 during FY24. All NEOs with a pension plan balance elected the cash out option and therefore have no accumulated benefit        
 and no payments during FY25.                                                                                                   |

| (4) | The                                                                                                                                   
 Pension Plan was frozen effective June 30, 2011. Participants kept their accumulated pay credits and received only quarterly interest 
 credits after that date.                                                                                                              |

| (5) | The                                                                                                                                   
 cash balance restoration provision in the NQDC was eliminated effective June 30, 2011, when the Pension Plan was frozen. Participants 
 keep their accumulated pay credits but no contributions were made under this provision after June 30, 2011.                           |

Overview of Pension Benefits Pension benefits may be paid to the NEOs under the cash balance restoration provision of the NQDC, or in the past under the Pension Plan. Effective June 30, 2011, the Pension Plan and the cash balance restoration provision under the NQDC were frozen. In fiscal year 2023, we began to transition administration of the Pension Plan to an insurance company specializing in pension fund management. All benefits earned under the Pension Plan were protected during this change, meaning it did not impact the value of individual plan participants’ benefits. Such transitions are regulated by the IRS through a standard pension plan termination process and ours was completed during the first half of fiscal year 2025. As part of the transition, pension plan participants were offered an opportunity to cash out their plan balances as a one-time lump sum during fiscal year 2024. All NEOs with a pension plan balance elected the cash out option.

| The                                                                 
 Clorox Company 2025 Proxy Statement > Executive Compensation Tables | 68 |

NONQUALIFIED DEFERRED COMPENSATION—FISCAL YEAR 2025 The following table provides information about NEOs’ accounts under the NQDC, Executive Retirement Plan, and LTI program