Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 46

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 46
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 of 117%, 111%, and 132% (as a result of adjusted net income growth and revenue ex-ZMPT growth) for the three-year performance period comprised of fiscal years 2023, 2024 and 2025, respectively, and application of the three-year rTSR modifier achievement of +114.5%.

| 45 | |  Automatic Data Processing, Inc. – Proxy Statement |

| Compensation Discussion and Analysis |

The following is a summary of fiscal year 2025 total target direct compensation for our NEOs:

| Named Executive Officer (NEO) |     | Base Salary |     |       Target 
 Annual Bonus |     |      Target 
     PSUs(3) |     |    RSUs(3) |     |       Total |
| Ms. Black                     |     |  $1,224,000 |     |   $2,448,000 |     | $12,771,000 |     | $4,257,000 |     | $20,700,000 |
| Mr. McGuire                   |     |    $710,200 |     |   $1,065,300 |     |  $4,275,000 |     | $1,425,000 |     |  $7,475,500 |
| Mr. Bonarti                   |     |    $655,600 |     |     $655,600 |     |  $3,165,000 |     | $1,055,000 |     |  $5,531,200 |
| Mr. DeSilva(1)                |     |    $631,000 |     |     $812,500 |     |  $3,207,000 |     | $1,069,000 |     |  $5,719,500 |
| Mr. Kutam                     |     |    $577,800 |     |     $577,800 |     |  $2,883,300 |     |   $961,100 |     |  $5,000,000 |
| Mr. Ayala(2)                  |     |    $573,600 |     |     $860,400 |     |  $3,472,500 |     | $1,157,500 |     |  $6,064,000 |

| Automatic Data Processing, Inc. – Proxy Statement   | | 46 |

| Compensation Discussion and Analysis |

Good Governance and Best Practices We are committed to ensuring