Paycom Software (PAYC) Proxy filing summary

Executive summary

• Achieved $2.05 billion in revenue for 2025, a 9% year-over-year increase, with 10% growth in recurring and other revenue and a net income margin of 22.1%.

• Returned $85 million to shareholders via dividends and repurchased over 1.7 million shares in 2025.

• Launched and saw rapid adoption of IWant™, an AI-powered command-driven engine, and continued investments in automation and AI.

• Client base grew to approximately 39,200, with a record number of clients returning to the platform.

• Board and management focused on long-term growth, operational efficiency, and disciplined capital allocation.

Voting matters and shareholder proposals

• Proposal 1: Elect two Class I directors (Sharen J. Turney and J.C. Watts, Jr.) to serve until 2029.

• Proposal 2: Ratify Grant Thornton LLP as independent registered public accounting firm for 2026.

• Proposal 3: Advisory vote to approve executive compensation.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of six directors, 83% independent, with 40% diversity in leadership roles.

• Classified board structure with three-year staggered terms to promote stability and long-term focus.

• Lead Independent Director presides over executive sessions and facilitates communication among independent directors.

• Annual board and committee self-assessments and robust stockholder engagement practices.

• Directors are subject to stock ownership guidelines and overboarding limits.