Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 42

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 42
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 of the successful execution of our objectives and the delivery of sustainable long-term stockholder value. We also believe that our client satisfaction, transformation, paperless and HCM objectives are important leading indicators of the company’s progress, long-term value, and future success, and reflect our commitment to delivering a more human, simple and sustainable business process for all of those we serve. At our 2024 Annual Meeting of Stockholders, our stockholders approved the compensation of our fiscal year 2024 NEOs by a vote of approximately 90%, reflecting a strong support level generally in line with the 2023 result of 91%. Our committee, with input from the independent compensation consultant, considered the vote results, stockholder feedback (as discussed on page xiv) and other facts and data referenced in this CD&A to retain the basic foundation of our overall compensation program during fiscal year 2025 as the committee believes the program continues to support and drive the right management behavior, retain key talent and align to the interests of our stockholders.

| Automatic Data Processing, Inc. – Proxy Statement   | | 40 |

| Compensation Discussion and Analysis |

Fiscal Year 2025 and Other Organizational Updates In January 2025, Mr. Ayala stepped down from his role as Chief Operating Officer and continued to serve as a corporate officer of the company during a transition period through March 31, 2025. Effective January 1, 2025, Mr. DeSilva was promoted to the role of EVP, North America and Chief of Operations. On June 30, 2025, Mr. McGuire stepped down from his role as Chief Financial Officer and continues to serve as a corporate officer of the company during a transition period through September 30, 2025. Effective July 1, 2025, Peter J. Hadley was promoted to the role of Chief Financial Officer. Fiscal Year 2025 Business Highlights Our Strategic Priorities. With a large and growing addressable market, we are focused on our core growth areas and further enhancing our market position by executing on our three strategic priorities:

| Our strategic priorities |                                            |
|                          | Lead with best-in-classHCM technology      |
|                          | Provide unmatchedExpertise and outsourcing |
|                          | Benefit our clients with ourGlobal scale   |

| 41 | |  Automatic Data Processing, Inc. – Proxy Statement |

| Compensation Discussion and Analysis |

Fiscal year 2025 reflected continued strength, growth and momentum at ADP:

| HIGHLIGHTS