Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 8

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 8
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 Audit Committee Chair, June 2003 to June 2013   Key Experience and Qualifications: The Board has concluded that Mr. Bonadio is qualified to serve as a director of the Company due to his strong background in finance and business, his entrepreneurial experience, and his knowledge of the Certified Public Accountant community. Mr. Bonadio is a successful entrepreneur whose experience building his own business is representative of many clients Paychex serves today. He also brings a high degree of financial literacy obtained from his years in the financial services industry, and his ability to assess financial performance of other companies through the review and understanding of financial statements. This financial expertise is a great benefit to the Board and its committees. |

Paychex, Inc. 2025 Proxy Statement •7

| Election of Directors |

| Joseph G. Doody INDEPENDENT   Director since 2010   Age: 73   Board Committees: •  Compensation & Leadership (Chair) •  Investment •  Nominating and Governance |     | Career Highlights: •  Staples, Inc., (an office products company) •  Vice Chairman February 2014 until his retirement in September 2017 •  President, North American Delivery, from March 2002 to February 2014. •  Various positions, November 1998 to March 2002   Other Current Public Company Directorships: •  Casella Waste Systems, Inc. (a waste management company), since 2004   Former Public Company Directorships: •  Virtusa Corporation (a global technology company), February 2017 – February 2021   Other Professional Experience and Community Involvement: •  Foundation Board at The College at Brockport •  Chair 2013 – 2017, Emeritus since 2019   Key Experience and Qualifications: The Board has concluded that Mr. Doody is qualified to serve as a director of the Company due to his significant leadership and international experience. His long tenure in management of a large division of a multinational company enables him to provide our Board with important operational expertise. In addition, his deep knowledge of small- to medium-sized businesses brings a thorough understanding of the risks and opportunities affecting the Company’s clients and potential clients. Mr. Doody also has extensive experience in strategic planning and business development, which allows him to provide valuable input