Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 18

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 18
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 Board nominee, other than Mr. Hourican, has a material relationship with Sysco and that all nominees, other than Mr. Hourican, are independent under the NYSE standards and the categorical standards set forth in our Guidelines. The Board has also determined that each member of the Audit Committee, CLD Committee and Governance Committee is independent. The Board has determined that no non-employee director received any compensation from Sysco at any time since the beginning of fiscal year 2025, other than in his or her capacity as a non-employee director, committee member, committee chair or Lead Independent Director.

| 22 | SYSCO CORPORATION//2025 Proxy Statement |

CORPORATE GOVERNANCE BOARD LEADERSHIP STRUCTURE Our Guidelines provide the Board with flexibility to determine the leadership structure that best serves the interests of Sysco and our stockholders based on evolving needs. The Board regularly evaluates whether the roles of CEO and Chair of the Board should be combined or separated. We currently have a combined Chair of the Board and CEO leadership structure. The selection of Mr. Hourican as Chair of the Board was a result of the Board’s implementation of a thoughtful succession plan and represents the Board’s determination that having Mr. Hourican, our Company’s CEO, serve as Chair of the Board is in the best interest of our stockholders at this time. When the Chair of the Board and CEO roles are combined, our Guidelines require that the Board elect a Lead Independent Director position to serve as the principal liaison between the independent directors and the CEO. Concurrent with the Board's selection of Mr. Hourican as Chair of the Board the Board elected Mr. Glasscock to serve as the Lead Independent Director. The Board views the current leadership structure as having the following advantages: Strong Linkage Between Strategy and Company Performance. Mr. Hourican’s familiarity with Sysco’s business and his role in the day-to-day operations of the Company’s business position him to facilitate effective Board oversight of Sysco’s strategy, including enhancement of stockholder value and growth and expansion of the Company’s business. Enhancement of Board Efficiency and Effectiveness. Mr. Hourican’s day‑to‑day role in managing our business and implementing strategy provides him with access to the people, information, and resources that allow him to efficiently identify and timely communicate significant business developments and sensitive matters to our independent directors. Independent Governance Oversight. The Board believes that having a Lead Independent Director provides the Board with independent leadership and facilitates the independence of the Board from management. Our Lead Independent Director, Mr. Glass