Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 6

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 6
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G Committee regularly evaluates Board composition, and as a Company, we are dedicated to ongoing Board refreshment so that the Board’s collective skills and viewpoints remain aligned with the evolving demands of our business landscape. Our director nominees are accomplished professionals, with diverse areas of expertise, who are well-equipped to oversee the success of the business and effectively represent the interests of stockholders. Our director nominees:

| • |     | are seasoned leaders who possess high personal and professional ethics and share the values of the Company; |

| • |     | are highly accomplished in their fields and have served as directors and officers in a diverse range of companies, including technology, financial services, and payment companies, among others; |

| • |     | strengthen our Board’s oversight capabilities by having varied lengths of tenure that provide historical and new perspectives about our Company; and |

| • |     | bring extensive and varied experience in strategic planning, business development, international business, mergers and acquisitions, and go-to-market strategies, among others. |

The Board has identified qualifications, attributes, skills, and experience that are important to be represented on the Board as a whole, in light of the multi-faceted nature of the business environment in which the Company operates. The Board believes that the varied and complementary qualifications, attributes, skills, and experience of the director nominees collectively contribute to a well-functioning and effective Board. Below is a summary to highlight some but not all the important skills our director nominees bring to the Board.

| Skills                   |     |   |     |   |     |   |     |   |     |   |     |   |     |   |     |   |     |   |     |   |
| Capital Markets Literacy |     |   |     | 🌑 |     |   |     |   |     | 🌑 |     |   |     |   |     | 🌑 |     | 🌑 |     | 🌑 |
| Industry Knowledge       |     | 🌑 |     | 🌑 |     | 🌑 |     | 🌑 |     | 🌑 |     |   |     |   |     | 🌑 |     | 🌑 |     | 🌑 |
| Financial Literacy       |     | 🌑 |     | 🌑 |     | 🌑 |     |   |     | 🌑 |     |   |     | 🌑 |     |   |     | �