Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 35

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 35
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B ASC Topic 718”), disregarding estimates of forfeitures related to service-based vesting conditions. For additional information about the assumptions used in these calculations, see Note 11 to our audited consolidated financial statements for the fiscal year ended June 30, 2025 included in our annual report on Form 10-K for the fiscal year ended June 30, 2025. |

| Automatic Data Processing, Inc. – Proxy Statement   | | 34 |

| Compensation of Non-Employee Directors |

| The grant date fair value for each DSU award granted to directors in fiscal year 2025 (including in respect of elective deferrals of amounts otherwise payable in cash), calculated in accordance with FASB ASC Topic 718, is as follows: |

| Director              | Grant Date |     | Grant Date 
 Fair Value |
| Peter Bisson          | 11/6/2024  |     |   $375,000 |
| David V. Goeckeler    | 11/6/2024  |     |   $360,000 |
| Linnie M. Haynesworth | 11/6/2024  |     |   $230,000 |
| John P. Jones         | 11/6/2024  |     |   $360,000 |
| Francine S. Katsoudas | 11/6/2024  |     |   $360,000 |
| Nazzic S. Keene       | 11/6/2024  |     |   $375,000 |
| Thomas J. Lynch       | 11/6/2024  |     |   $560,000 |
| Scott F. Powers       | 11/6/2024  |     |   $380,000 |
| William J. Ready      | 11/6/2024  |     |   $360,000 |
| Carlos Rodriguez      | 11/6/2024  |     |   $360,000 |
| Sandra S. Wijnberg    | 11/6/2024  |     |   $385,000 |

| The aggregate number of outstanding DSUs held by each director at June 30, 2025 is as follows: Mr. Bisson, 21,248; Mr. Goeckeler, 5,209; Ms. Haynesworth, 5,949; Mr. Jones, 65,101; Ms. K