Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 100

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 100
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 independence and concluded that those services did not. The audit committee has discussed with the company’s internal auditors and with Deloitte & Touche LLP, with and without management present, their respective evaluations of the company’s internal accounting controls and the overall quality of the company’s financial reporting. The committee also discussed with management, and took into consideration when issuing this report, the Auditor Independence Policy, which prohibits the company or any of its affiliates from entering into most non-audit related consulting arrangements with its independent auditors. The Auditor Independence Policy is discussed in further detail below under “Independent Registered Public Accounting Firm’s Fees.”

| 97 | |  Automatic Data Processing, Inc. – Proxy Statement |

| Audit Committee Report |

In addition, in accordance with SEC and PCAOB rules, independent audit partners are subject to rotation requirements limiting their number of consecutive years of service to no more than five. In connection with the completion of the company’s fiscal year 2025 audit, the lead audit partner from Deloitte & Touche LLP has rotated. The process for selecting the company’s lead audit partner included company management and the committee chair interviewing and vetting the candidates put forth by our independent auditor, with consultation by the full committee in connection with the final selection of the lead audit partner. The audit committee believes there are benefits to having an independent auditor with an extensive history with ADP including higher-quality audit work and accounting advice due to Deloitte & Touche LLP’s institutional knowledge of the company’s business and operations, accounting policies and financial systems, and internal control framework, as well as operational efficiencies and a competitive fee structure because of the firm’s familiarity with ADP’s business. In addition to independence, in determining whether to reappoint Deloitte & Touche LLP as the company’s independent registered public accounting firm, the audit committee took into consideration a number of factors, including:

| ● | the breadth of experience and length of time Deloitte & Touche LLP has been engaged;                                                        |
| ● | historical and recent performance on the company’s audit;                                                                                   |
| ● | familiarity with our global operations and business;                                                                                        |
| ● | the advisability and potential impact of selecting an entirely different and unaffiliated independent registered public accounting firm;    |
| ● | external data relating to audit quality and performance, including PCAOB inspection results on Deloitte & Touche LLP;                       |
| ● | Deloitte & Touche LLP’s internal quality controls;                                                                                          |
| ● | the appropriateness of