Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 24

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 24
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 see “Compensation Consultant” on page 50 of this proxy statement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 The compensation and management development committee acts under a written charter, which is available online on our corporate website atwww.adp.com. To access this document, click on “Investors,” then “Governance,” and then “Governance Documents.” Each member of the compensation and management development committee is a “Non-Employee Director” as defined in Rule 16b-3 under the Securities Exchange Act of 1934, as amended. The compensation and management development committee may form and delegate authority to subcommittees when appropriate, provided that the subcommittees are composed entirely of directors who satisfy the applicable independence requirements of Nasdaq. |

| Corporate                                                       
 Development and Technology Committee                            |     |                                                                                                                                                 |
| Peter BissonCommittee                                           
 Chair                                                           
 Othercommittee                                                  
 members:David V. GoeckelerLinnie M. HaynesworthWilliam J. Ready 
 ►All members are independent under Nasdaq listing standards     |     | The corporate development and technology committee’s principal functions are to review and evaluate potential acquisitions, strategic           
 investments, divestitures and matters of technology and innovation, including product security and resiliency as well as product and technology 
 talent.                                                                                                                                         
 The corporate development and technology                                                                                                        
 committee acts under a written charter, which is available online on our corporate website atwww.adp.com. To access this document,              
 click on “Investors,” then “Governance,” and then “Governance Documents.”                                                                       |

| Automatic Data Processing, Inc. – Proxy Statement   | | 22 |

| Corporate Governance |

| The Board’s Role in Risk Oversight |

Our board of directors provides oversight with respect to the company’s enterprise risk assessment and risk management activities, which are designed to identify, prioritize, assess, monitor and mitigate the various risks confronting the company, including risks that are related to the achievement of the company’s operational and financial strategy. As set forth in more detail below, the board of directors performs this oversight function periodically as part of its meetings and also through its audit, compensation and management development, corporate development and technology and nominating/corporate governance committees, each of which examines various components of risk as part of its assigned responsibilities. Our nominating/corporate governance committee oversees enterprise risk management and is responsible for recommending to our board an allocation of risk oversight responsibilities among the board and its committees. Our committees report back on risk oversight matters directly to the board of directors on