Company: KMX
Filing Date: 2025-05-08
Form Type: DEF 14A
Source: 0001170010-25-000073
Chunk: 2

Company: CARMAX INC
Filing Date: 2025-05-08
Form: DEF 14A
Chunk 2
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 23 |
| 4.          |     | Shareholder Proposal regarding a Shareholder Special Meeting Right |     | AGAINST                   |     |                      64 |

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#### Virtual Annual Meeting Attendance
This year our annual shareholders meeting will again be held virtually; there will be no in-person meeting location. We are committed to ensuring, to the extent possible, that shareholders will be afforded the ability to participate at the virtual meeting similarly to how they would participate at an in-person meeting. Shareholders will be able to attend and participate in the virtual meeting, including voting their shares and asking questions.

To attend and participate in our annual meeting:

• Visit www.virtualshareholdermeeting.com/KMX2025

• Enter the 16-digit control number listed on your Notice of Internet Availability of Proxy Materials, proxy card, or voting instruction form.

Our annual meeting will begin promptly at 1:00 p.m., Eastern Time, on June 24, 2025. We encourage you to access the virtual platform prior to the start time to familiarize yourself with the virtual platform and ensure you can hear the streaming audio. You may begin to log into the virtual platform beginning at 12:45 p.m., Eastern Time, on June 24, 2025. Additional instructions and information on how to participate can be found on page 69.

#### Next Year’s Annual Shareholders Meeting

#### 3
| PROPOSAL ONE: ELECTION OF DIRECTORS |

We are asking you to vote for the election of the ten director nominees listed on the following pages. Our Board has nominated these individuals at the recommendation of our independent Nominating and Governance Committee. The Committee based its recommendation on, among other things, the results of an annual Board and peer evaluation process, as well as the integrity, experience, and skills of each nominee. All of the nominees are current directors who were elected by shareholders at our 2024 annual meeting.

Ronald E. Blaylock, a director since 2007, has decided not to stand for reelection at this year’s annual meeting. The Board of Directors thanks Mr. Blaylock for his many contributions over the years and his valuable insight to the Board.

Our Board is declassified and elected on an annual basis. Accordingly, each director nominee is standing for election to hold office until our 2026 annual meeting of shareholders. CarMax uses a majority vote standard for the election of directors. This means that to be elected in uncontested elections, each nominee must be approved by