Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 89

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 89
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itization of certain technology investments and headcount optimization. |

| (4) | Operating income, net of certain items, is a measure that is provided in addition to the U.S. GAAP measure of operating income for purposes of compensation program performance targets. Refer to “Paychex, Inc. Non-GAAP Financial Measures” in Appendix A of this proxy statement for a discussion of non-GAAP measures. |

Paychex, Inc. 2025 Proxy Statement •B-1

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| Paychex website www.paychex.com |     | Investor Relations https://investor.paychex.com |
| Proxy Voting www.proxyvote.com  |     |                                                 |

ABOUT PAYCHEX Paychex, Inc. (Nasdaq:PAYX) is the digitally driven HR leader that is reimagining how companies address the needs of today’s workforce with the most comprehensive, flexible, and innovative HCM solutions for organizations of all sizes. Offering a full spectrum of HR advisory and employee solutions, Paychex pays one out of every 11 American private sector workers and is raising the bar in HCM for nearly 800,000 customers in the U.S. and Europe. Every member of the Paychex team is committed to fulfilling the Company’s purpose of helping businesses succeed. Visit www.paychex.comto learn more.

| PAYCHEX, INC.  911 PANORAMA TRAIL SOUTH  ROCHESTER, NY 14625 -2396 |     | VOTE BY INTERNET Before The Meeting - Go to www.proxyvote.com or scan the QR Barcode above   Use the Internet to transmit your voting instructions and for electronic delivery of information. Vote by 11:59 p.m. Eastern Time on October 8, 2025 for shares held directly and by 11:59 p.m. Eastern Time on October 6, 2025 for shares held in a Plan. Have your proxy card in hand when you access the website and follow the instructions to obtain your records and to create an electronic voting instruction form.   During The Meeting - Go to www.virtualshareholdermeeting.com/PAYX2025   You may attend the meeting via the Internet and vote during the meeting. Have the information that is printed in the box marked by the arrow available and follow the instructions.   VOTE BY PHONE - 1-800-690-6903 Use any touch-tone