ILLINOIS TOOL WORKS INC

General Industrial Machinery & Equipment·GLENVIEW, IL·FY end 12/31·CIK 49826

Named Executive Officers

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Christopher A. O’HerlihyPresident & Chief Executive Officer	$1.3M	$5.2M	$5.2M	$2.7M	$671.4K	$15.2M
Michael M. LarsenSenior Vice President and	$977.9K	$2.1M	$2.1M	$2.0M	$238.7K	$7.4M
Mary K. LawlerSenior Vice President and	$671.7K	$899.8K	$900.0K	$893.4K	$146.9K	$3.5M
Axel R.J. BeckExecutive Vice President	$665.8K	$774.8K	$775.0K	$924.7K	$86.0K	$3.2M
T. Kenneth EscoeExecutive Vice President	$567.6K	$749.8K	$750.0K	$808.7K	$151.7K	$3.0M

Christopher A. O’Herlihy · FY 2025

Stock awards$5.2M35%

Performance bonus$2.7M18%

Salary$1.3M9%

Other$5.9M39%

TSR % vs. CEO comp actually paid · 4 fiscal years · Item 402(v) disclosure

TSR

CEO comp

FY22

+24%

$42M

FY23

+13%

$19M

FY24

+38%

$35M

FY25

+36%

$15M

Need at least two fiscal years of proxy data to draw the trend line. The ingestion worker will populate prior-year proxies as it processes them.