Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 48

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 48
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EDCP”), or the Management Savings Plan (“MSP”). The Incentive Payment Clawback Policy does not limit Sysco’s rights to pursue other remedies against an NEO, including termination of employment or the initiation of disciplinary actions. The CLD Committee has also adopted the Dodd-Frank Clawback Provisions in accordance with applicable NYSE listing requirements and SEC rules under Section 954 of the Dodd-Frank Act. Accordingly, erroneously awarded incentive compensation, including LTIP awards granted under the 2018 Omnibus Incentive Plan, may be clawed back if Sysco is required to prepare an accounting restatement due to material noncompliance with any securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the curre nt period. Protective Covenants Equity-based awards granted to NEOs are contingent upon their entering into a Protective Covenants Agreement, which safeguards Sysco’s interests and confidential information by imposing restrictions during and after their employment. The Protective Covenants Agreement encompasses several critical provisions, including, but not limited to: • Prohibit engaging in unfair competitive activities that could harm Sysco’s business interests after their employment ends; • Restrict improper solicitation of Sysco employees or customers for a defined period of time following their termination; and • Maintain the confidentiality of Sysco’s sensitive information. In the event that an NEO violates any of the covenants, the NEO would forfeit the benefits and proceeds associated with their equity awards. Additionally, the terms of the MSP, the SERP, and the EDCP specify that certain payments may be forfeited in the event of prohibited conduct following an NEO’s termination of employm ent. EXECUTIVE COMPENSATION GOVERNANCE AND OTHER INFORMATION Employment and Severance Agreements Each of our NEOs is entitled to receive specific compensation under certain circumstances following the termination of their employment. While a significant portion of their compensation is performance based, the CLD Committee has determined that offering severance and change in control benefits is essential to: (i) attract and retain executive talent in a competitive market;

| SYSCO CORPORATION//2025 Proxy Statement | 47 |

COMPENSATION DISCUSSION AND ANALYSIS Executive Compensation Governance and Other Information (ii) avoid lengthy and contentious negotiations or disputes; and (iii) ensure, in the event of an actual or threatened change