Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 39

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 39
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2) Operating income (calculated on an adjusted basis) represents a non-GAAP measure; see reconciliation in Annex I - Non-GAAP Reconciliations.

| SYSCO CORPORATION//2025 Proxy Statement | 41 |

COMPENSATION DISCUSSION AND ANALYSIS What We Paid

Strategic Business Objectives The CLD Committee recognizes the importance of incorporating both financial and non-financial measures into the design of the AIP to ensure a comprehensive evaluation of performance. This balanced approach not only focuses on financial results, but also aligns with the broader, long-term objectives outlined in our Algorithm for Growth strategic plan. As part of this effort, the CLD Committee reviewed three strategic initiatives, each accounting for 10% of the total AIP target incentive opportunity. The performance measures detailed below include the threshold, target and maximum levels established for each Strategic Business Objective (“ SBO”) , along with the actual results achieved. For each SBO measure, achievement of the threshold, target and maximum amounts would correspond to payouts of 50%, 100% and 200% , respectively.

| SBO Measures           | Weight | Threshold     | Target | Maximum      | Results | Percentageof Target |
| Local Case Growth      |        | 0.50%         | 4.00%  | 6.00%        | 0.60%   | 51.40%              |
| USBL Cost Per Piece    |        | 103% ofTarget | 100%   | 97% ofTarget | 102%    | 70.00%              |
| Engagement Improvement |        | -1%           | 1%     | 3%           | 2%      | 150.00%             |

Summary of Fiscal Year 2025 AIP Results The fiscal year 2025 AIP payments for each performance measure were calculated based on the respective achievements relative to the established performance targets. These payments were determined and paid independently of one another, ensuring that the evaluation of one performance area did not influence the outcomes of the others. Additionally, the total payments awarded to each NEO were subject to an “Individual Performance Modifier,” designed to reflect each NEO’s success in meeting specifically defined personal performance objectives during fiscal year 2025. For fiscal year 2025, the CLD Committee determined that each of the NEOs met their individual performance objectives resulting in a 1.00 modifier.

| Named Executive Officer | Fiscal Year 2025Achievement | IndividualModifier | Fiscal Year 202