Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 16

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 16
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 stockholders), who has continuously owned, for a period of three years, at least 3% of the aggregate of our outstanding Common Stock, to nominate a number of director nominees equal to the greater of 20% (rounded down) of the total number of directors constituting our Board or two directors. These nominees will be included in our Proxy Statement for the relevant annual stockholders meeting if the nominating stockholder(s) and the respective nominee(s) comply with all applicable eligibility, procedural and disclosure requirements set forth in our Bylaws. BOARD REFRESHMENT Our Board recognizes the importance of consistent, deliberate Board refreshment and succession planning so that directors collectively have the skills, experience, and qualifications necessary for the Board to successfully establish and oversee management’s execution of the Company’s strategic priorities and to ensure that the long-term interests of stockholders are being served. In order to promote thoughtful Board refreshment, in 2016 our Board adopted a Board refreshment plan, pursuant to which the Board has nominated most of the current independent non-employee directors. The Governance Committee is responsible for developing a succession plan for the Board and on an annual basis, identifying and evaluating director candidates for election at the annual meeting. Five of our current independent directors have joined the Board in the past five years. Regular Evaluation of Board Composition and Tenure In identifying candidates for annual election to the Board, the Governance Committee determines which incumbent directors are willing to be nominated for re-election and will also identify and evaluate new candidates, when appropriate. The Governance Committee reviews with the Board the requisite characteristics, skills and qualifications that nominees should possess individually and in the aggregate in the context of Sysco’s business and structure. The review includes consideration of the criteria set forth below and such other factors as the Governance Committee considers to be relevant at the time.

| SYSCO CORPORATION//2025 Proxy Statement | 21 |

BOARD OF DIRECTORS MATTERS Director Independence The Governance Committee also considers tenure. Our director tenure guidelines provides that no non-employee director may be nominated for re-election if the director served 15 years as of the date of Board election unless the Board, upon recommendation from the Governance Committee, determines that it is in the best interest of the stockholders to extend the directors service for an additional period of time. Since these guidelines were adopted in 2016, the average tenure of independent director nominees declined from nine to six years and we have elected five new directors during such time. In recognition of, among other things, Mr. Glasscock’s (i) valuable ongoing contribution as