SYSCO CORPORATION ANNUAL MEETING OF STOCKHOLDERS - RPM INTERNATIONAL INC

Good morning and welcome to Cisco's 2026 Annual Meeting of Stockholders. I would like to turn the call over to your host, Kevin Hurrican, Chair of the Board and Chief Executive Officer. Sir, please go ahead. Thank you, Operator, and good morning, ladies and gentlemen. I'm Kevin Hurracan, Chairman of the board and Chief executive officer of Cisco Corporation. As the chair of the meeting, it is my pleasure to welcome all of you to Cisco 2026 annual meeting of stockholders. After our opening remarks, we will conduct the business portion of our meeting and then host a question and answer session. The time is 8.02 Eastern Time, and the polls are now open. Please remember that you may vote your shares at any time during this meeting. Prior to the closing of the polls, by clicking on the Vote Here button on the web portal and following the instructions provided. I'd like to remind everyone that during today's meeting, we may make forward-looking statements. This is a reminder that actual results can differ materially, and you should refer to our filings with the SEC for factors that could cause actual results to differ from our projections. I would now like to call the meeting to order. We will begin with a few important announcements and acknowledgments. Here with me today are Allison Paul, Lead Independent Director and Chair of the Compensation and Leadership Development Committee, Brandon Sewell, Chief Financial Officer, Jen Schott, Executive Vice President, Chief Legal Officer and Secretary, who will act as Secretary of the meeting and who will assist with the question and answer session, and Natalie Harrison with the American Election Services LLC, who Will act as the Inspector of Election. In addition to Ms. Paul, I would like to recognize our other board members and nominees. Dan Brudeau, Chair of the Sustainability Committee, Francesca DiBiase, Ali Dibaj, Jill Golder, Brad Halverson, Chair of the Audit Committee, John Hinshaw, Chair of the Corporate Governance and Nominating Committee, Roberto Marquez, Jason Murray, Tom Androff, and Sheila Talton, Chair of Artificial Intelligence Transformation and Technology Committee. Additionally, I would like to thank Larry Glasscock for his 16 years of service on Cisco's board, including most recently as our lead independent director. Over the past 16 years, Larry has provided thoughtful leadership, trusted counsel, and a commitment to our stockholders and our company. His guidance helped shape Cisco through a period of significant growth and transformation. On behalf of the board and our leadership team, thank you, Larry, for your lasting contributions and dedicated service. Furthermore, we are thrilled to welcome Jason Murray and Tom Ondraff to our board. Jason brings exceptional experience leading technology-driven supply chain innovation and AI-enabled transformation at scale, while Tom offers deep food service expertise and a distinguished track record of financial leadership. Together, they've strengthened our board as we execute against our long-term growth and profitability objectives. Additionally, I would like to welcome our retired directors and officers and other former employees who are participating today. Ladies and gentlemen, thank you for all you've done for Cisco. We deeply appreciate your past service and continued support. We are also joined today by Darren Houston and Dirk Rasmussen of Ernst & Young LLP, the company's independent registered public accounting firm, who will be available to respond to appropriate questions. Before we turn to the formal business portion of the meeting, I would like to highlight this is a pivotal moment in Cisco's ongoing journey of growth, resilience, and operational excellence. Our leadership team is focused on three major activities this year. Number one, delivering on our core Cisco financial commitments, including the planned step-up on this fiscal year and a profit growth going forward. Number two, improving our operating margins to an AI-empowered business transformation. And three, preparing for the anticipated closure of the Jethro Restaurant Depot transaction by the end of the third quarter of this fiscal years. These three forces working together provide our board, management, and global colleagues confidence in our future. We are strengthening the foundation of the company and building future capabilities that will differentiate Cisco Holdings from the rest of the industry, including tools like AI360 that are truly differentiating the industry. The power is in the data, and we invested for years in the technology foundation, the data infrastructure, and now the AI enablement to bring the insights from that data to life at scale through customer engagement. Our customers and our colleagues will benefit from the actions we are taking, and our shareholders will be the net beneficiaries of the profitable market share we can capture. We are excited for our future together. With that, we will now commence with the business portion of the meeting. Jen, would you please report on the agenda, the rules, and the procedures for this meeting, the mailing of the notice of this meeting and the presence of a quorum? Thank you, Kevin. On the web portal, you will find both an agenda and the rules and procedures for Cisco's annual meeting. We will host a question and answer session after we adjourn the business portion of this meeting. Only validated stockholders may ask questions via the web portal. Out of consideration for others, please limit yourself to one question. Although we may not be able to answer every question, we will endeavor to answer as many appropriate questions as possible in the time allotted. Responses to questions relevant to meeting matters that we are unable to answer today will be posted on our website following the meeting. Also, although this meeting is being recorded, no one participating via the webcast or telephone is permitted to use any audio recording device. Notice of this meeting and other proxy materials were sent on October 1, 2026 to each stockholder of record as of the close of business on September 16, 2026, the record date. A list of stockholders entitled to vote at this meeting has been available at the company's headquarters for the past 10 days for examination by any stockholder wishing to do so. The amended and restated bylaws of the company provide that the holders of 35% of the shares of common stock entitled to vote, present in person or by proxy, shall constitute a quorum for the transaction of business at the meeting. As of the record date for this meeting, there were 491,527,413 shares entitled to boat at the annual meeting. The Inspector of Election has reported to me that approximately 85.6% of the chairs entitled to board were present or represented by proxy at this meeting. Accordingly, a quorum is present and the meeting may proceed. Thank you to all stockholders who returned their proxies in advance of the meeting. Your proxys had authorized Kevin and me to vote for all proposals on your behalf. Stockholders who have sent in proxyes or voted via telephone or internet and do not wish to change their vote do not need to take any further action. Any stockholder who has not yet voted or wishes to change their vote, may do so by clicking on the Vote Here button on the web portal and following the instructions. Now, I will review the proposals for consideration. Proposal number one, to elect 12 nominees named in this year's proxy statement to serve as directors of the company for a one-year term, expiring at the company's 2027 annual meeting of stockholders, or until their successors have been duly elected and qualified. All of the nominees are currently serving as members of the board, the board has recommended that stockholders vote for proposal number one. Proposal number two, to approve by non-binding vote the compensation paid to Cisco's named executive officers as disclosed in Cisco's proxy statement. The board has recommend that stockholder vote for proposal number two. Proposed number three, to ratify the appointment of Ernst & Young LLP as Cisco's independent registered public accounting firm for fiscal year 2027. The board has recommended that stockholders vote for proposal number three. Thank you, Jen. Next on the agenda is the closing of the polls. Any stockholder who has not yet voted or wishes to change their vote should do so now by clicking on the vote here button on the web portal. We will now pause to allow all stockholders to cast their votes. I hereby declare the polls closed The inspector of election will count the votes Jen will now present the preliminary results of the voting The inspector of election Natalie Harrison has presented her preliminary report All 12 nominees proposed by the board have been duly elected as directors of the company and the proposals represented by items 2 and 3 in the proxy statement have each been approved Because there is no further formal business, the 2026 Annual Meeting is hereby adjourned. We will now turn to see if there are any questions. Seeing no questions, Jen, please proceed with closing of the meeting. Yeah. So this concludes the 2027 Annual Meeting of Stockholders. Thank you for participating today and for your continued support of Cisco Corporation. Thank you, everyone. 26th meeting is now adjourned ladies and gentlemen this concludes today's meeting you may now disconnect