THE CLOROX COMPANY
COMPANY ORDER
Pursuant to the authorization of the Board of Directors of The Clorox Company (the “Company”) in resolutions duly adopted by the Board of Directors of the Company by unanimous written consent on April 29, 2026 (the “Resolutions”), the undersigned, being duly authorized, hereby approves the issuance of each of the series of Notes (as defined herein) of the Company, with the terms and provisions as described below, pursuant to and further subject to an Indenture (the “Indenture”), dated as of May 11, 2022, between the Company and U.S. Bank Trust Company, National Association (the “Trustee”).
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TITLE OF SERIES: |
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4.700% Notes due 2031 (the “2031 Notes”) |
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4.950% Notes due 2033 (the “2033 Notes”) |
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5.250% Notes due 2036 (the “2036 Notes” and, together with the 2031 Notes and the 2033, the “Notes”) |
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PRINCIPAL AMOUNT: |
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$550,000,000 of the 2031 Notes |
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$400,000,000 of the 2033 Notes |
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$550,000,000 of the 2036 Notes |
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INTEREST RATE: |
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4.700% per annum on the 2031 Notes |
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4.950% per annum on the 2033 Notes |
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5.250% per annum on the 2036 Notes |
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in each case payable semiannually on May 15 and November 15 of each year, commencing on November 15, 2026 to the holders of record at the close of business on April 30 and October 31 next preceding such interest payment dates. |
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MATURITY DATE: |
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May 15, 2031 for the 2031 Notes, May 15, 2033 for the 2033 Notes and May 15, 2036 for the 2036 Notes.
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PUBLIC OFFERING PRICE: |
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2031 Notes: 99.995% of the principal amount plus accrued interest, if any, from May 11, 2026 to the date of closing. |
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2033 Notes: 99.847% of the principal amount plus accrued interest, if any, from May 11, 2026 to the date of closing. |
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2036 Notes: 99.999% of the principal amount plus accrued interest, if any, from May 11, 2026 to the date of closing. |
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PLAN OF DISTRIBUTION: |
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A public offering underwritten by Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; Wells Fargo Securities, LLC; Goldman Sachs & Co. LLC; Morgan Stanley & Co. LLC; RBC Capital Markets, LLC; Scotia Capital (USA) Inc.; U.S. Bancorp Investments, Inc.; BMO Capital Markets Corp.; Loop Capital Markets LLC; and Goodbody Stockbrokers UC. |
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UNDERWRITING DISCOUNT: |
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0.600% of the principal amount for the 2031 Notes 0.625% of the principal amount for the 2033 Notes 0.650% of the principal amount for the 2036 Notes |
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OPTIONAL REDEMPTION: |
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Make-whole call as set forth in the Notes and solely with respect to the 2031 Notes, par call within one month of the maturity date, as set forth in the terms of the Notes, solely with respect to the 2033 Notes, par call within two months of the maturity date, and solely with respect to the 2036 Notes, par call within three months of the maturity date, as set forth in the terms of the Notes. |