Company: MGRC
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056711
Chunk: 77

Company: MCGRATH RENTCORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 77
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 to be the Company’s independent auditors for the Company’s fiscal year ending December 31, 2025. Under the Sarbanes-Oxley Act of 2002 and the rules of the SEC promulgated thereunder, the Audit Committee is solely responsible for the appointment, compensation, and oversight of the work of our independent auditors and shareholders are not required to ratify the selection of Grant Thornton LLP. However, we are submitting the selection of Grant Thornton LLP as our independent auditors to our shareholders for ratification as a matter of good corporate practice. In the event that ratification of this selection of independent auditors is not approved by a majority of the shares of Common Stock entitled to vote at the Annual Meeting via online presence or by proxy, the Audit Committee will review our future selection of independent auditors. Even if the appointment of Grant Thornton LLP is ratified by our shareholders, the Audit Committee, in its discretion, may direct the appointment of a different independent auditor at any time during the year if the Audit Committee determines that such a change is in the best interests of the Company and our shareholders. A representative of Grant Thornton LLP is expected to be present at the Annual Meeting via online presence. The representative will have an opportunity to make a statement and will be available to respond to appropriate questions. PRINCIPAL ACCOUNTANT FEES AND SERVICES Audit Fees Grant Thornton LLP performed services for the Company in fiscal years 2024 and 2023 related to financial statement audit work, quarterly reviews, and quarterly earnings release reviews. Fees related to services rendered by Grant Thornton LLP for fiscal years 2024 and 2023 were as follows:

|                       |     |   |      2024 |     |   |      2023 |
|:----------------------|:----|:--|----------:|:----|:--|----------:|
| Audit Fees(1)         |     | $ | 2,305,826 |     | $ | 2,139,669 |
| Audit-Related Fees(2) |     | $ |    81,855 |     | $ |    47,883 |
| Tax Fees              |     | $ |         — |     | $ |         — |
| All Other Fees        |     | $ |         — |     | $ |         — |
| Total                 |     | $ | 2,387,681 |     | $ | 2,187,552 |

(1) Audit fees represent fees for the audit of