TJX Companies (TJX) Proxy Filing summary

Executive summary

• Achieved over $56 billion in annual sales for FY25, with 4% comparable store sales growth and strong performance across apparel and home categories.

• Opened 131 net new stores, remodeled nearly 500, and reached the milestone of 5,000 stores globally.

• Returned $4.1 billion to shareholders and ended the year with $5.3 billion in cash.

• Maintained a global workforce of approximately 364,000 employees, emphasizing inclusion, development, and retention.

Voting matters and shareholder proposals

• Shareholders will vote on the election of 10 directors, ratification of PricewaterhouseCoopers as auditor for fiscal 2026, and an advisory say-on-pay vote on executive compensation.

• No shareholder proposals were included for this meeting.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of 10 nominees, 8 of whom are independent, with diverse backgrounds in gender, ethnicity, and experience.

• Board leadership is separated between CEO and Executive Chairman, with an independent Lead Director.

• Committees include Audit and Finance, Compensation, Corporate Governance, and Executive, all with independent leadership except the Executive Committee.

• Annual board, committee, and individual director evaluations are conducted.

• Majority voting standard and proxy access provisions are in place for director elections.