Company: TJX
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0000109198-25-000024
Chunk: 69

Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 69
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 Plan    |     |            |     | 38 |             |     |    959,689 |     |             | — |
|                    |     | SERP (Primary)     |     |            |     | 20 |             |     | 43,509,484 |     |             | — |
| Douglas Mizzi      |     | Retirement Plan    |     |            |     | 30 |             |     |    782,599 |     |             | — |
|                    |     | SERP (Alternative) |     |            |     | 30 |             |     |  2,463,173 |     |             | — |
| Kenneth Canestrari |     | Retirement Plan    |     |            |     | 31 |             |     |    804,976 |     |             | — |
|                    |     | SERP (Alternative) |     |            |     | 31 |             |     |  2,794,974 |     |             | — |

(1) Participants in our Retirement Plan and our alternative SERP benefit program began to accrue credited service upon participation in the plans, generally after one year of service with TJX. Service credited for purposes of our primary SERP benefit is based on years of service with TJX but with a maximum of 20 years of service.

(2) Under SEC rules, for purposes of calculating the present value of the accumulated pension benefits in the Pension Benefits table we assumed that each NEO commences his or her benefit at age 65 (or current age, if older than 65) and we used the same assumptions used and described in Note I to our audited financial statements filed with our Annual Report on Form 10-K for FY25, including a post-retirement mortality assumption based on the sex distinct PRI-2012 Tables projected generationally with Scale MP-2021 from 2012 for annuity payments and unisex IRS-prescribed mortality and interest assumptions for lump sum payments. For our SERP, consistent with the assumptions used to determine the values in our Annual Report on Form 10-K for FY25, the present value of accumulated benefits assumes payment forms consistent with executive elections and has been converted to the applicable payment forms using IRS-prescribed mortality assumptions and an interest rate of 2.32% for the primary SERP benefit and 4.10% for the alternative SERP benefit. Actual amounts payable to our NEOs under our Retirement Plan and SERP