SYY

• On August 14, 2026, Sysco's Board increased its size from 11 to 13 directors and elected Jason Murray and Thomas Ondrof to fill the vacancies, effective September 1, 2026.
• Both new directors will receive customary non-employee director compensation under Sysco's director compensation program.
• The Board determined each new director is independent under NYSE standards and Sysco's Corporate Governance Guidelines.
• Sysco also announced the renaming of its Technology Committee to the Artificial Intelligence Transformation and Technology Committee and reiterated its commitment to AI-driven efficiencies.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• The presentation was furnished under Item 7.01 Regulation FD Disclosure and attached as Exhibit 99.1.
• The presentation includes FY27 guidance: sales growth of 6-7%, adjusted EPS growth at high-end of algorithm, and ~$100 million in cost out from tech and AI initiatives.
• The acquisition is expected to be accretive to adjusted EPS by mid-to-high single digits in year 1 and low-to-mid teens in year 2, with over $2 billion in additional longer-term annual free cash flow.
• The combined company is projected to have pro forma revenue ~20% higher, adjusted EBITDA ~45% higher, and free cash flow ~55% higher than stand-alone Sysco.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Full-year FY2026 sales increased 3.9% to $84.6 billion; GAAP EPS fell 1.9% to $3.66, adjusted EPS rose 3.4% to $4.61.
• Q4 gross profit increased 3.7% to $4.1 billion; operating income increased 10.6% to $983 million; adjusted operating income increased 4.1% to $1.1 billion.
• FY2027 guidance: 6%-7% sales growth and 9%-11% adjusted EPS growth on a 53-week basis, including ~$100 million of AI-driven efficiency improvements.
• FY2026 cash flow from operations was $2.6 billion, up 5.1%; returned $1.2 billion to shareholders via dividends and share repurchases.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• The Form S-4 relates to the merger agreement dated March 30, 2026, among JRD Unico, Inc., Warehouse Realty, LLC, Sysco, New Slider HoldCo, and several merger subsidiaries.
• The registration statement includes a preliminary prospectus for shares of New Slider HoldCo common stock to be issued to Sysco shareholders in the proposed transaction.
• The Form S-4 has not yet been declared effective by the SEC.
• The filing was made under Item 8.01 to disclose the S-4 filing and to direct investors to relevant documents.

8.01 Other Events

• The presentation highlights Restaurant Depot's 2025 revenue of ~$16B, Adjusted EBITDA of ~$2.1B, and ~$1.9B free cash flow.
• Sysco expects the combined company to achieve mid-to-high single digit Year 1 adjusted EPS accretion and low-to-mid teens Year 2 accretion, plus over $2 billion in additional longer-term annual free cash flow.
• The deal is expected to add 125+ new locations over at least the next two decades in the U.S., with pro forma revenue ~20% higher and Adjusted EBITDA margin rising from 5.2% to 6.7% (including $250M annualized net cost synergies).
• The presentation was furnished under Item 7.01 Regulation FD and is not deemed filed for SEC purposes.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Gross profit increased 6.5% to $3.8 billion, with gross margin up 31 basis points to 18.6%.
• Operating income decreased 9.1% to $619 million; adjusted operating income decreased 0.6% to $768 million.
• Net earnings decreased 15.2% to $340 million; adjusted net earnings decreased 3.6% to $452 million.
• Company reaffirms full-year adjusted EPS guidance at high end of $4.50 to $4.60 range.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Sysco also entered into a new $3.0 billion term loan credit agreement, consisting of a $1.25 billion tranche maturing 364 days after closing and a $1.75 billion tranche maturing two years after closing.
• Proceeds from the new term loan will fund part of the Jetro Restaurant Depot merger, refinance JRD's existing debt, and pay related fees and expenses.
• The new credit agreements contain customary covenants, including a consolidated EBITDA-to-interest expense ratio requirement, and events of default.
• The new revolving credit facility will serve as a backstop for Sysco's commercial paper program.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits

• Tom Peck, Executive Vice President, Chief Information and Digital Officer, notified Sysco of his resignation on March 27, 2026.
• His resignation is effective April 10, 2026.
• No disagreements were cited between Peck and Sysco regarding operations, policies, or practices.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements