The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on February 27, 2025 to shareholders of record as of February 7, 2025.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves over 745,000 customers in the U.S. and Europe and pays one out of every 12 American private sector employees. The more than 16,000 people at Paychex are committed to helping businesses succeed and building thriving communities where they work and live. To learn more, visit www.paychex.com.

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Investor Relations

Jason Harbes, CFA

Paychex, Inc.

Director, Investor Relations

585-336-7502

investors@paychex.com

Phil Nicosia, CFA

Paychex, Inc.

Manager, Investor Relations

585-626-3174

investors@paychex.com

Media

Tracy Volkmann

Paychex, Inc.

Manager, Public Relations

585-387-6705

tvolkmann@paychex.com

Paychex Declares Quarterly Dividend