Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 40

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 40
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38 |

| Proposal 2                              
 Advisory Vote on Executive Compensation |

We are asking stockholders to approve the following advisory resolution at the Annual Meeting: RESOLVED, that the stockholders approve, on an advisory basis, the compensation of the company’s named executive officers as disclosed in the Compensation Discussion and Analysis, the accompanying compensation tables and the related narrative disclosure in the company’s proxy statement for the 2025 Annual Meeting of Stockholders. The board of directors recommends a vote FOR this resolution because it believes that the policies and practices described in the Compensation Discussion and Analysis are effective in achieving the company’s goals of linking pay to executive performance and levels of responsibility, encouraging our executive officers to remain focused on both short-term and long-term financial, client satisfaction, transformation, paperless and HCM goals of the company, and aligning the interests of our executive officers with the interests of our stockholders by linking executive performance to stockholder value. We urge stockholders to read the Compensation Discussion and Analysis section appearing on pages 40 through 62 of this proxy statement, as well as the “Summary Compensation Table For Fiscal Year 2025” and related compensation tables and narrative appearing on pages 64 through 91 of this proxy statement, which provide detailed information on the company’s compensation policies and practices and the compensation of our named executive officers.

| Stockholder Approval Required |

The affirmative vote of the holders of a majority of the shares represented in person or by proxy and entitled to vote thereon is required to approve the advisory resolution on executive compensation. Properly executed proxies will be voted as marked. Executed but unmarked proxies will be voted in favor of the advisory resolution on executive compensation. Because the vote on this proposal is advisory in nature, it will not affect any compensation already paid or awarded to any named executive officer and will not be binding on or overrule any decisions by the compensation and management development committee or the board of directors.

Because we value our stockholders’ views, however, the compensation and management development committee and the board of directors will consider carefully the results of this advisory vote when formulating future executive compensation policy.

| THE BOARD OF DIRECTORS RECOMMENDS THAT THE STOCKHOLDERS VOTE FOR THE APPROVAL OF THE ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION. |

| 39 | |  Automatic Data Processing, Inc. – Proxy Statement |

Compensation Discussion and Analysis The following Compensation Discussion and Analysis, or “CD&A,” section of this proxy statement discusses the material elements of our fiscal year