X0306 4 2020-02-10 0 0000060086 LOEWS CORP L 0001009879 TISCH ANDREW H 667 MADISON AVENUE NEW YORK NY 10065-8087 1 1 0 0 Co-Ch. of Bd/Off. Pres./Ch. EC Restricted Stock Units 2020-02-10 4 A 0 18795 0 A Common Stock 18795 18795 D Each RSU represents a contingent right to receive one share of the Issuer's common stock. 18,795 RSUs were awarded to the Reporting Person on February 11, 2019 subject to the Issuer achieving a pre-determined PBI Metric for 2019. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2020. 50% of the 2019 RSUs vest on February 11, 2021 and the remaining 50% vest on February 11, 2022. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person. /s/ Thomas H. Watson, by power of attorney for Andrew H. Tisch 2020-02-11