Company: KMX
Filing Date: 2025-05-08
Form Type: DEF 14A
Source: 0001170010-25-000073
Chunk: 58

Company: CARMAX INC
Filing Date: 2025-05-08
Form: DEF 14A
Chunk 58
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| Shira D. Goodman     |     |                            |     |  4,619 |
| David W. McCreight   |     |                            |     | 11,736 |
| Mark F. O’Neil       |     |                            |     | 11,121 |
| Pietro Satriano      |     |                            |     | 13,562 |
| Marcella Shinder     |     |                            |     | 12,333 |
| Mitchell D. Steenrod |     |                            |     | 14,543 |

(d) Represents matching charitable gifts made by The CarMax Foundation as part of its matching gifts program and the cost to CarMax for participation in its health, dental and vision plans (both the matching gifts program and the plans are broadly available to all CarMax associates). None of the benefits individually exceeded the greater of $25,000 or 10% of the total amount of these benefits for the non-executive director.

(e) Mr. Satriano’s director fees were paid to JMPS Advisory LLC.

#### 63
| PROPOSAL FOUR: SHAREHOLDER SPECIAL MEETING RIGHT |

In accordance with SEC regulations, the shareholder proposal and supporting statement presented below were submitted by a shareholder and are quoted verbatim. We disclaim all responsibility for the content of the proposal and the supporting statement.

John Chevedden, whose address is 2215 Nelson Avenue, No. 205, Redondo Beach, California 90278, has advised CarMax that he intends to present the following shareholder proposal at the annual shareholders meeting. The proponent owns 30 shares of CarMax common stock.

#### Shareholder Proposal
<div align='center'>Proposal 4 — Special Shareholder Meeting Improvement</div>

Shareholders ask our Board of Directors to take the steps necessary to amend the appropriate company governing documents to give the owners of a combined 10% of our outstanding common stock the power to call a special shareholder meeting or the owners of the lowest percentage of shareholders, as governed by state law, the power to call a special shareholder meeting.

A shareholder right to call for a special shareholder meeting, as called for in this proposal, can help make shareholder engagement meaningful. A shareholder right to call for a special shareholder meeting will help ensure that the CarMax Board and management engages with shareholders in good faith because shareholders will have a viable Plan B by calling for a special shareholder meeting.

Companies like to claim that shareholders have multiple means to communicate with management but in most cases these means