Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 40

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 40
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5AIP Payout(1) |
| Kevin P. Hourican       | 66.34%                      |               1.00 |                    $1,616,000 |
| Kenny K. Cheung         | 66.34%                      |               1.00 |                       683,000 |
| Greg D. Bertrand        | 66.34%                      |               1.00 |                       855,000 |
| Thomas R. Peck, Jr.     | 66.34%                      |               1.00 |                       504,000 |
| Ronald L. Phillips      | 66.34%                      |               1.00 |                       467,000 |

(1) The Fiscal Year 2025 AIP Payout was based on various pro-rated base salaries as reported in the “Base Salary” table above. Long-term Incentive Plan Sysco provides equity-based, long-term incentive compensation to our NEOs to ensure competitive incentive opportunities aligned with the practices of our executive compensation peer group and our compensation philosophy. In July 2024, the CLD Committee approved the fiscal year 2025 Long-Term Incentive Program awards (the “Fiscal Year 2025 LTIP Awards”). Target LTIP awards for each NEO were set as a percentage of their base salary, determined in consultation with Semler Brossy and based upon factors such as industry benchmarks, internal pay equity and market expectations. The Fiscal Year 2025 LTIP Awards consisted of three equity components, PSUs, RSUs and stock options. This structure reflects our compensation philosophy while motivating NEOs to drive long-term value for our stockholders.

| 42 | SYSCO CORPORATION//2025 Proxy Statement |

COMPENSATION DISCUSSION AND ANALYSIS What We Paid

FISCAL YEAR 2025 LTIP COMPONENTS

| 50%PSUs | 30%RSUs | 20%Stock Options |

| Named Executive Officer | Target LTIP Award |             | Target LTIP Award(% of base salary) |    |
| Kevin P. Hourican       |                   | $12,500,000 | 893%                                | -1 |
| Kenny K. Cheung         |                   |   3,112,500 | 375%                                | -2 |
| Greg D. Bertrand        |                   |   3,452,000 | 400%                                | -3 |
| Thomas R. Peck, Jr.