Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 0

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 0
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 returned approximately $2.3 billion to shareholders through share repurchases and dividends , underscoring our commitment to shareholder value. Operationally, we strengthened the performance of our supply chain, increasing the service levels we provide to our customers. Our merchandising teams navigated product cost inflation with a focus on how Sysco saves customers money. Our International division delivered their seventh consecutive quarter of double-digit operating income growth , and our U.S. business closed the year with solid momentum. Building on a strong year, Sysco is well-positioned to accelerate profitable growth in fiscal year 2026. We remain committed to our long-standing capital allocation priorities: investing in growth, maintaining an investment-grade balance sheet, and returning capital to shareholders. We expect to deliver a 6-cent per share dividend increase in the full year dividend for fiscal year 2026, marking our 5 6th year of dividend growth and reinforcing our standing as a Dividend Aristocrat. Driving Momentum with Sysco-Specific Initiatives Sysco is entering fiscal year 2026 with confidence, driven by solid results from 2025 and a focused set of Sysco-specific initiatives. Our continued growth is powered by five key strategic enablers: Perks 2.0, AI360, Price Agility, Sysco Your Way , and Total Team Selling . Each initiative is designed to deepen customer engagement, enhance sales consultant effectiveness, and drive profitable growth across all segments. Our International and Specialty businesses remain robust growth drivers, and we are seeing continued momentum in our Local business as we enter 2026 as a result of improved sales colleague retention. The performance of our Local business will progress further due to our focused initiatives. Sysco has grown our market share in the $370 billion Food Away from Home industry for four consecutive years, and we expect our ability to continue gaining share profitably to accelerate in the years ahead.

| SYSCO CORPORATION//2025 Proxy Statement | 3 |

LETTER FROM OUR CHAIR OF THE BOARD & CEO AND LEAD INDEPENDENT DIRECTOR

Strong Governance Drives Long-Term Value Sysco’s Board of Directors continues to ensure sound governance, strategic clarity, and lasting value creation. The Board collectively brings a broad and complementary set of skills, including executive leadership, financial expertise, global operations, digital technology and cybersecurity, and deep industry knowledge in consumer goods and foodservice. In addition, the Board benefits from strong capabilities in human capital management, sustainability, legal and regulatory compliance, strategy development, and risk oversight. Their experience spans public company