Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 79

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 79
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 Internet Availability includes instructions for accessing the proxy materials on the Internet and for how to vote. You will also find instructions for requesting a full printed set of the proxy materials in the Notice of Internet Availability. We believe the electronic method of delivery under the Notice of Internet availability model will decrease postage and printing expenses, expedite delivery of proxy materials to you, and reduce our environmental impact, and we encourage you to take advantage of the availability of the proxy materials on the Internet. If you received the Notice of Internet Availability but would like to receive a full printed set of the proxy materials in the mail, you may follow the instructions in the Notice of Internet Availability for requesting such materials. Can I access proxy materials on the Internet? The Notice of Internet Availability will provide you with instructions for viewing our proxy materials for the 2025 Annual Meeting at www.proxyvote.comas well as on https://investor.paychex.com. You may elect to receive an e-mailmessage, which will provide a link to these documents on the Internet instead of waiting to receive the Notice of Internet Availability for viewing the materials. What am I voting on? How do you recommend I vote? What vote is required for approval? The table below shows the proposals subject to vote at the Annual Meeting, along with information on what vote is required to approve each of the proposals, assuming the presence of a quorum at the Annual Meeting, and the Board’s recommendations for each proposal. With respect to Proposals 1, 2, and 3, you may vote “FOR,” “AGAINST,” or “ABSTAIN.”

| Proposal                                                                                       |     | Vote Required                                                       |     | Board Recommendation |                           |
| Proposal 1: Election of ten nominees to the Board of Directors for a one-year term             |     | Majority of the votes duly cast                                     |     |                      | FOR all director nominees |
| Proposal 2: Advisory vote to approve the Company’s named executive officer compensation        |     | Majority of the shares present and entitled to vote on the proposal |     |                      | FOR                       |
| Proposal 3: Ratification of the selection of our independent registered public accounting firm |     | Majority of the shares present and entitled to vote on the proposal |     |                      | FOR                       |

Who is entitled to vote at the Annual Meeting? Stockholders of record of our common stock as of the close of business on August 11, 2025 (the “Record Date”), will be eligible to vote at the Annual Meeting. Each share outstanding as of