Company: GPI
Filing Date: 2025-03-20
Form Type: PRE 14A
Source: 0001031203-25-000018
Chunk: 2

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-03-20
Form: PRE 14A
Chunk 2
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12.6% increase, respectively, compared to 2023.                                                                                                                                                                   |
|                       |     | Achieved all-time record new and used vehicle units sold, a 16.0% and a 11.7% increase, respectively, compared to 2023.                                                                                                                                                                                                                  |
|                       |     | Diluted earnings per common share from continuing operations of $36.72 and adjusted diluted earnings per common share from continuing operations* of $39.21, a 14.1% and an 11.4% decrease compared to 2023, respectively. The declines are primarily due to the anticipated moderation of new vehicle retail margins during the period. |
|                       |     | Net income from continuing operations of $497.0 million and adjusted net income from continuing operations* of $530.6 million, a 17.4% and a 14.9% decrease compared to 2023, respectively. The declines are primarily due to the anticipated moderation of new vehicle retail margins during the period.                                |
| Capital Allocation    |     |                                                                                                                                                                                                                                                                                                                                          |
|                       |     | Acquired approximately $3.9 billion in annual revenues.                                                                                                                                                                                                                                                                                  |
|                       |     | Issued quarterly dividends totaling $1.88 per share for the full year.                                                                                                                                                                                                                                                                   |
|                       |     | Repurchased $161.6 million in common shares, representing 3.8% of Group 1’s outstanding common shares at the beginning of 2024.                                                                                                                                                                                                          |
|                       |     | Optimized dealership portfolio with strategic dispositions generating $229.7 million in proceeds.                                                                                                                                                                                                                                        |

* Please see Appendix A on page 79for an explanation and reconciliation of these non-generally accepted accounting principles (“non-GAAP”) measures.

#### GROUP 1 AUTOMOTIVE2025 PROXY STATEMENT1

#### PROGRESS ON OUR KEY STRATEGIC PRIORITIES
In 2024, we made significant progress toward our key strategic priorities, including:

#### Consistent Profitability and Strong Cash Flow
• Current year adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was $39.21, an 11.4% decrease compared to $44.27 for the prior year.

• Significant free cash flow generation: adjusted cash flows from operations and adjusted free cash flows* generated in 2023 of $720 million and $581 million, respectively, and in 2024 of $683 million and $504 million, respectively