Company: GPI
Filing Date: 2025-05-14
Form Type: 8-K
Source: 0001031203-25-000033
Chunk: 0

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-05-14
Form: 8-K
Item: Item 5.03
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

As described in Item 5.07 below, on May 13, 2025 at the 2025 Annual Meeting of the Stockholders (the “ Annual Meeting”) of Group 1 Automotive, Inc. (the “ Company”), the Company’s stockholders approved an amendment and restatement to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “ Fourth Amended and Restated Certificate of Incorporation”), as described in the Company’s Proxy Statement dated April 4, 2025, relating to the Annual Meeting (the “ Proxy Statement”). The Fourth Amended and Restated Certificate of Incorporation was filed with the office of the Secretary of State of Delaware on May 13, 2025 and became effective upon filing. The Fourth Amended and Restated Certificate of Incorporation, among other things, eliminates the requirement that at least 80% of the voting power of the then-outstanding capital stock of the Company entitled to vote, voting together as a single class, is required to amend or repeal certain provisions of the Certificate of Incorporation, including Articles FIFTH and SEVENTH of the Certificate of Incorporation. Instead, amendment and repeal of those provisions may be implemented by the affirmative vote of a majority of the stock issued and outstanding and entitled to vote thereon, voting together as a single class. Article FIFTH describes powers related to the removal of directors, amendment of the Company’s Bylaws and the powers of shareholders to act by written consent and call special meetings and Article SEVENTH addresses the supermajority vote of shareholders. The Fourth Amended and Restated Certificate of Incorporation also incorporates ministerial, clarifying and conforming changes.

The foregoing description of the Fourth Amended and Restated Certificate of Incorporation is qualified in its entirety by reference to the full text of the Fourth Amended and Restated Certificate of Incorporation, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders.