Today the Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend of $0.98 per share payable on August 29, 2024 to shareholders of record as of August 8, 2024.

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.

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

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