Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 66

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 66
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| Benefits(7)                       |     |              |   |           |     |                                    |   | — |     |            |   |          — |     |            |   |         — |     |             |   |     59,839 |
| Total                             |     |              | $ | 2,626,879 |     |                                    | $ | — |     |            | $ |  6,072,828 |     |            | $ | 3,719,167 |     |             | $ |  7,547,270 |

Paychex, Inc. 2025 Proxy Statement •57

| NEO Compensation |

| Michael E. Gioja                  |     | Annual       
 Compensation 
 per the      
 Summary      
 Compensation 
 Table(1)     |   |           |     | Potential Payments Upon Separation 
 Voluntary                          
 Resignation/                       
 Termination                        |   |   |     | Death or   
 Disability |   |           |     | Retirement |   |           |     | Termination 
 Other Than  
 For Cause/  
 Resignation 
 For         
 Good Reason 
 within      
 One Year of 
 Change of   
 Control     |   |           |
|:----------------------------------|:----|:-------------|:--|----------:|:----|:-----------------------------------|:--|:--|:----|:-----------|:--|----------:|:----|:-----------|:--|----------:|:----|:------------|:--|----------:|
| Base Salary(2)                    |     |              |   |           |     |                                    | $ | — |     |            | $ |         — |     |            | $ |         — |     |             | $ |   825,000 |
| Annual Incentive(3)               |     |              |   |           |     |                                    |   | — |     |            |   |   393,250 |     |            |   |   393,250 |     |             |   |   825,000 |
| Stock Options(4)                  |     |              |   |           |     |                                    |   | — |     |            |   | 1,543,683 |     |            |   |   785,902 |     |             |   | 1,543,683 |
| Time-Based Stock Awards(5)        |     |              |   |           |