Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 70

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 70
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2025, the last business day of our 2025 fiscal year, plus the difference between the exercise prices of unvested accelerated options and the closing price of Common Stock on June 27, 2025 multiplied by the number of such options outstanding. See “Outstanding Equity Awards at Fiscal Year-End” for disclosure of the events causing an acceleration of outstanding unvested options and RSUs. (4) The amounts shown include payments we will make in connection with additional life insurance coverage, long-term disability coverage and long-term care insurance. In the event of death, a lump sum Basic Life Insurance benefit is payable in an amount equal to $150,000 . An additional benefit is paid in an amount equal to two times the executive’s base salary at the beginning of the year in which the death occurred, subject to a maximum of $1,050,000 . The value of the benefits payable is doubled in the event of an accidental death. In the event of disability, a maximum monthly Long-Term Disability benefit of $30,000 would be payable to age 65, following a 180-day elimination period. The amounts for Mr. Hourican associated with either (i) “Involuntary Termination w/o Cause, or Resignation for Good Reason” and (ii) “Termination w/o Cause following a Change in Control” represent the value of the continuation of Mr. Hourican’s health benefits under the Company’s group health plans for a period of two years and three years, respectively, following his separation of employment with Sysco. (5) Includes retiree medical benefits, the payment of accrued but unused vacation and outplacement services for all NEOs. Messrs. Cheung, Bertrand, Peck, and Phillips are eligible to receive outplacement services for involuntary termination w/o cause or resignation for good reason or termination w/o cause following a change in control. (6) Indicates that the NEO did not qualify for retirement with respect to the applicable compensation component as of June 28, 2025. (7) Per the agreement, the amounts shown for Messrs. Cheung, Peck and Phillips would be eligible for a 280G best-net cutback in the case of termination without cause following change in control of $1,543,833, $165,307 and $159,323 , respectively.

| 66 | SYSCO CORPORATION//2025 Proxy Statement |

REPORT OF THE AUDIT COMMITTEE Sysco’s Audit Committee reports to, and acts on behalf of,