Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 74

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 74
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 They will also be available to respond to appropriate questions. REQUIRED VOTE The votes cast for this proposal must exceed the votes cast against it in order for it to be approved. Accordingly, abstentions and broker non-votes will not be relevant to the outcome.

| SYSCO CORPORATION//2025 Proxy Statement | 69 |

| Item4 |     | Stockholder Proposal                             |
|       |     | The Board recommends a voteAGAINSTthis proposal. |

The Accountability Board, Inc. of 401 Edgewater Place STE 600, Wakefield, Massachusetts 01880, owner of at least $15,000 in market value of Sysco Common Stock, has notified us that it intends to present the following proposal at the Annual Meeting. The proposal and supporting statement, for which Sysco accepts no responsibility, are set forth below exactly as they were submitted by the proponent. RESOLVED: Shareholders ask the Board to adopt a policy, and amend its governance documents as necessary, requiring that the Board Chair and CEO roles be separate positions held by different people. DEAR FELLOW SHAREHOLDERS: We believe stable board leadership is fundamental to strong governance—and that distinct board chair and CEO roles enhance a company’s prospects for success by enabling the CEO to focus on developing and implementing strategic plans and managing the company’s daily business while the chair leads the board in its oversight and advisory roles. Sysco, however, has had six Chairs with eight different titles since 2009, including three who’ve concurrently served as CEO. • Richard Schnieders was Chair/CEO. • Manuel Fernandez was then appointed Non-Executive Chair and, later, Executive Chair. • Jackie Ward then became Non-Executive Chair. • Tom Bené then became Chair/CEO. • Ed Shirley was then made Interim Executive Chair and later, Non-Executive Chair. • Kevin Hourican then became Chair/CEO. Meanwhile, a solid majority (60%) of the S&P 500 now has separate Board Chairs and CEOs. (i) Further, we note that Sysco’s own Governance Guidelines task the Board with management oversight and CEO evaluation. But the Board’s ability to effectively execute those critical roles is seriously hindered, we believe, by having the same CEO it’s tasked with overseeing also serve as Chair. Finally, consider that a 2019 shareholder proposal at Sysco seeking an independent Chair policy received over 30% of the vote. That’s a substantial result for any proposal, though was especially significant in our view considering Sysco’s strong performance