Company: ORLY
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0000898173-25-000013
Chunk: 18

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 18
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valuation process has contributed to improving the Board’s range of skills and experience, changes in Board committee membership and committee Chairs, increased focus on Board succession planning and Board refreshment, and an increased focus and reporting on the Company’s environmental, sustainability, social, and governance policies and programs, including enhanced shareholder outreach.

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| 2025 PROXY STATEMENT | O’REILLY AUTOMOTIVE, INC.  |  29 |

| INFORMATION CONCERNING THE BOARD OF DIRECTORS | ​ |

Director Candidates The Corporate Governance/Nominating Committee does not have a written policy on the consideration of Director Candidates recommended by shareholders. It is the view of the Board that all candidates, whether recommended by a shareholder or the Corporate Governance/Nominating Committee, shall be evaluated based on the same established criteria for persons to be nominated for election to the Board and its committees. The established criteria for persons to be nominated for election to the Board and its committees, taking into account the composition of the Board as a whole, at a minimum, include the below.

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| CRITERIA FOR DIRECTOR NOMINATION |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                  | ●A candidate’s qualification as “independent” under the federal securities laws and the rules and regulations of the SEC and Nasdaq applicable to the Board and each of its committees.●Depth, breadth, and variety of experience within the Company’s industry and otherwise.●Commitments outside of the Board and the ability to devote adequate time to Board and committee matters.●Special areas of expertise.●Accounting and financial knowledge.●Willingness to apply sound and independent business judgment.●Leadership ability.●Experience in developing and assessing business strategies.●Corporate governance expertise.●Risk management skills.●For incumbent members of the Board, the past performance of the incumbent director.​ |

The Corporate Governance/Nominating Committee is actively engaged with and regularly evaluates and considers director succession for the members of its Board, lead director, and committees and committee chairs to ensure a mix of knowledge, abilities, expertise, and tenure that promotes and supports the Company’s long-term success, while giving consideration to evolving skills, perspective, and experience needed on the Board to perform its corporate governance role. In addition, when the Corporate Governance/Nominating Committee seeks a new candidate for directorship, it seeks qualifications from the individual that satisfy the established criteria for a