Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 37

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 37
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 our Paychex Flex ®and Paycor platforms designed to improve the client and client employee experiences from hiring and onboarding through employee retention. Paychex Flex has continued to earn awards in fiscal 2025 including an HR Tech Award from Lighthouse Research & Advisory for Best Small Business-focused Solution in the Core HR/Workforce category; a 2024 BIG (Business Intelligence Group) Innovation Award for our digital employee onboarding, and a Leader in Next Generation HCM Technology by NelsonHall. Paycor’s HCM platform continued to earn numerous awards in fiscal 2025, including multiple G2 Summer 2025 awards such as ‘Grid Leader’ for Enterprise Performance Management and ‘Best ROI’ for Enterprise Compensation Management; three ‘2025 Top Rated Awards’ from TrustRadius; a Leader in the 2025 HCM Value Matrix by Nucleus Research for organizations with up to 2,500 employees; and multiple Top 5 rankings in the mid-marketsegment of the 2024-2025 Sapient HR Systems Report. In addition, we believe that we are well positioned to capture the artificial intelligence (“AI”) opportunity with our large and growing data sets, predictive analytics, and AI models, and we have increased our AI investments to improve efficiency, enhance the customer experience, and unlock new growth opportunities. In fiscal 2025, we successfully implemented several additional innovative AI models that offer improved functionality for Paychex and our clients and also added new benchmarking and people analytics for Paychex Flex users. Pursuing strategic acquisitions .We utilize acquisitions, when appropriate, as a means to expand our portfolio, enter new markets, or increase our scale. In fiscal 2025, we acquired Paycor, a leading provider of HCM HCM, payroll and talent software. This acquisition enables the Company to expand its capabilities upmarket and serve larger businesses with more complex needs. Paychex, Inc. 2025 Proxy Statement •31

| CD&A |

Stockholder Distributions:The value we return to our stockholders is very important to us. During fiscal 2025, we distributed $1.6 billion to our stockholders through dividends and repurchases of outstanding shares of our common stock.

| We have distributed  $6.4 billion to stockholders over the  past 5 years. |

Dividend Payments :We continue to pay substantial dividends to our stockholders. The most recent increases in the quarterly dividend to stockholders were as follows:

|          |     | Increase in Quarterly 
 Dividend