Company: CPSS
Filing Date: 2025-10-28
Form Type: DEF 14A
Source: 0001683168-25-007815
Chunk: 3

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-10-28
Form: DEF 14A
Chunk 3
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’s independent
auditors for the fiscal year ending December 31, 2025; (iii) approving an advisory resolution on named executive officer compensation;
(iv) approving the Company’s 2025 Equity Incentive Plan; and (v) voting on an advisory resolution as to the frequency of future
advisory votes on named executive officer compensation, in each case, as more fully described in this proxy statement. Shareholders may
also transact such other business as may properly come before the Annual Meeting. You have been sent this proxy statement and the enclosed
proxy card because our Board is soliciting your proxy to vote at the Annual Meeting called for the purpose of voting on the foregoing
matters.

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Q: WHAT INFORMATION IS CONTAINED IN THIS PROXY STATEMENT?

A: The information included in this proxy statement relates to
the proposals to be voted on at the Annual Meeting, the voting process, compensation of our directors and most highly paid executive officers,
and certain other required information.

Q: WHO IS ENTITLED TO VOTE AT THE ANNUAL MEETING, AND WHAT VOTE
IS REQUIRED TO APPROVE THE PROPOSALS?

A: The Board has fixed the close of business on October 23, 2025,
as the Record Date for determining the holders of outstanding shares of CPS Common Stock entitled to notice of, and to vote at the Annual
Meeting. On that date, there were 22,071,046 shares of CPS Common Stock issued and outstanding. Each such share of CPS Common Stock is
entitled to one vote on all matters to be voted upon at the Annual Meeting, except that holders of CPS Common Stock have the right to
cumulative voting in the election of directors, as described in this proxy statement under the heading “Voting of Shares.”
In order to approve each proposal, a quorum (a majority of outstanding shares of CPS Common Stock) must be present and (other than with
respect to election of directors and the frequency of future advisory votes on named executive officer compensation) a majority of all
of the votes cast on the proposal at the Annual Meeting must be cast in favor of the proposal, which favorable votes cast must exceed
25% of the outstanding shares. Directors are elected by plurality vote. For the frequency of future advisory votes on executive compensation,
the option that receives the highest number of votes cast will be considered the advisory vote by the shareholders. Abstentions and broker
non-votes will not be counted as “votes cast