Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 34

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 34
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CUSSION AND ANALYSIS How Executive Pay is Established

“Say on Pay” Advisory Vote The CLD Committee engages with stockholders year-round through outreach, engagement efforts and formal communications on matters relating to executive compensation, corporate governance and sustainability. Stockholders also participate in a non-binding advisory vote on our executive compensation programs. At the 2023 and 2024 Annual Meetin gs , 93.37% and 93.80% of t he shares voted in favor of the “Say on Pay” proposal (excluding abstentions). We remain committed to ongoing dialogue with stockholders regarding our executive compensation philosophy and practices, and we considered stockholder feedback while designing our executive compensation programs for fiscal yea r 2025. 2024 2023 HOW EXECUTIVE PAY IS ESTABLISHED The CLD Committee is exclusively responsible for overseeing all aspects of executive compensation for senior officers, including the NEOs, and is dedicated to its commitment of aligning executive compensation with Sysco’s pay-for-performance philosophy. In formulating Sysco’s pay-for-performance policies, the CLD Committee works closely with its independent compensation consultant, Semler Brossy, and members of the Human Resources ("HR") department to evaluate base salaries and the design of annual and long-term incentive awards. These evaluations are benchmarked against a thoughtfully selected peer group of comparable companies. While the CLD Committee uses median compensation levels within this peer group as a reference point, it does not target a specific market positioning for individual elements of compensation. Instead, the CLD Committee ensures a comprehensive and well-rounded approach by taking into account multiple considerations such as the senior officer’s role, expertise, past performance, and anticipated future contributions to Sysco. By focusing on individual accomplishments while aligning them with broader organizational objectives, the CLD Committee strives to establish a compensation framework that not only recognizes exceptional performance, but also drives Sysco’s long-term growth and value creation for our stockholders. The CLD Committee is committed to periodically assessing and refining the executive compensation programs to ensure alignment with Sysco’s strategic priorities and the collective interests of its stockholders. The CLD Committee's evaluations and decisions are conducted independently in executive sessions ensuring that determinations around executive compensation are derived from impartial analyses and reflect industry best practices.

| IndependentCompensationConsultant | Semler Brossy serves as the independent compensation consultant to the CLD Committee, providing advice andguidance in the evaluation of our executive compensation programs and policies. After a comprehensive review ofSemler Brossy’s independence