Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 45

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 45
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 of shares ultimately to be earned depends on the achievement of the specific performance measures, with payouts ranging from 0% to 200% of the target. Additionally, the total number of shares earned is subject to adjustment based on Sysco’s TSR relative to S&P 500 companies over the performance period. The TSR adjustment may decrease the shares earned by 25% or increase the shares earned by 25% . If achieved, dividend equivalents will accrue during the performance period and are paid in cash or shares, at the discretion of the CLD Committee, following certification of the Company’s performance. RSUs. Each RSU provides the NEO with the right to receive one share of Common Stock, vesting in three equal, annual installments. Stock Options. The stock options have a 10-year expiration period and vest in three equal, annual in stallments. STOCK-RELATED POLICIES Policies and Practices for Granting Certain Equity Awards The CLD Committee approves all equity award grants to our NEOs on or before the grant date, and the CLD Committee or the Board has delegated to management the authority to grant such awards to certain non-NEO employees. The CLD Committee’s general practice is to complete its annual executive compensation review and determine performance goals and target compensation for our NEOs. Accordingly, annual equity awards are typically determined, reviewed and approved at the first CLD Committee meeting of the fiscal year. These grants are then made effective shortly thereafter during a scheduled open trading window. On occasion, the CLD Committee may grant equity awards outside of our annual grant cycle for new hires, promotions, recognition, retention or other purposes. While the CLD Committee has discretionary authority to grant equity awards to our NEOs outside of the cycle described above, the CLD Committee does not take into account material non-public information when determining the timing or terms of equity awards, nor do we time disclosure of material non-public information for the purpose of affecting the value of executive compensation . During fiscal year 2025, the Company did not grant stock options (or similar awards) to any NEO during any period beginning four business days before and ending one business day after the filing of any Company periodic report on Form 10-Q or Form 10-K, or the filing or furnishing of any Company Form 8-K that disclosed any material non- public information.

| SYSCO CORPORATION//2025 Proxy Statement | 45 |

COMPENSATION DISCUSSION AND ANALYSIS Stock-Related Policies

Ownership Guidelines The Board has implemented stock ownership guidelines to align