Company: SYY
Filing Date: 2025-10-02
Form Type: DEF 14A
Source: 0000096021-25-000147
Chunk: 71

Company: SYSCO CORP
Filing Date: 2025-10-02
Form: DEF 14A
Chunk 71
---
 the Board of Directors, and is composed of five directors who each satisfy the independence, financial literacy and other requirements of the NYSE listing standards and the U.S. federal securities laws. The Board has determined that Messrs. Dibadj and Halverson and Ms. Golder meeting the SEC criteria of an “audit committee financial expert”. The role of the Audit Committee is to assist the Board in its oversight of: • C ompliance with legal and regulatory requirements; • Corporate accounting; • Reporting practices; • The integrity of the Company’s financial statements; • The qualifications, independence and performance of Ernst & Young LLP, Sysco’s independent registered public accounting firm (“Ernst & Young”); • The performance of Sysco’s internal audit function; and • Risk assessment and risk management. During fiscal year 2025, the Audit Committee held eleven meetings and fulfilled all of its responsibilities as set forth in the committee’s charter, including: • Reviewing with Ernst & Young and the internal auditors the overall scope and plans for their respective audits for the fiscal year; • Approving all audit engagement fees and terms, as well as permissible non-audit engagements with Ernst & Young (please refer to “Fees Paid to Independent Registered Public Accounting Firm” below for a detailed discussion of such fees and related approvals); • Reviewing the experience and qualifications of the senior members of Ernst & Young’s audit team; • Assuring the regular rotation of Ernst & Young’s lead audit partner as required by law, and considering whether there should be rotation of the independent registered public accounting firm itself; • Reviewing and discussing with management the earnings press releases prior to release to the public; • Meeting with Ernst & Young and the internal auditors, with and without management present, to discuss the adequacy and effectiveness of Sysco’s internal control over financial reporting and the overall quality of the Company’s financial reporting; and • Meeting independently with each of Sysco’s CEO, Chief Financial Officer and Chief Accounting Officer. As required by its charter, the Audit Committee has also met and held discussions with management and Ernst & Young regarding Sysco’s audited consolidated financial statements for the fiscal year ended June 28, 2025. Management represented to the Audit Committee that Sysco’s consolidated financial statements were prepared in accordance with generally accepted accounting principles, and the Audit Committee has reviewed and discussed the audited consolidated financial statements with management and Ernst & Young. The Audit Committee also discussed with Ernst & Young the matters required to be discussed by the applicable requirements of the Public Company