Company: MCW
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052554
Chunk: 67

Company: Mister Car Wash, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 67
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 mail. Stockholders that receive the Notice and Access Card can access our 2024 Annual Report, including our Annual Report on Form 10-K for 2024, at www.proxydocs.com/MCW. Our 2024 Annual Report on Form 10-K, has also been filed with the SEC. It is available free of charge at the SEC’s website at www.sec.gov. Upon written request by a stockholder, we will mail without charge a copy of our Annual Report on Form 10-K, including the financial statements and financial statement schedules, but excluding exhibits. Exhibits to the 2024 Annual Report on Form 10-K are available upon payment of a reasonable fee, which is limited to our expenses in furnishing the requested exhibit. All requests should be directed to the Corporate Secretary, Mister Car Wash, Inc., 222 E. 5th Street, Tucson, Arizona 85705. Your vote is important. Please promptly vote your shares by following the instructions for voting on the Notice and Access Card or, if you received a paper or electronic copy of our proxy materials, by completing, signing, dating, and returning your proxy card or by Internet or telephone voting as described on your proxy card.

| By Order of the Board of Directors              |
| John Lai                                        |
| Chairman, President and Chief Executive Officer |

Tucson, Arizona April 9, 2025

| 2025 Proxy Statement |     | 51 |

App endix A: Definitions and Reconciliations of Non-GAAP Financial Measures Reconciliation of “Net Income” to “Adjusted EBITDAR”

| In thousands (unaudited)              | Year Ended December 31, 2024 |         |   |
|:--------------------------------------|:-----------------------------|--------:|:--|
| Net income                            | $                            |  70,239 |   |
| Interest expense, net                 |                              |  79,488 |   |
| Income tax provision                  |                              |  32,428 |   |
| Depreciation and amortization expense |                              |  81,366 |   |
| Loss on sale of assets, net           |                              |  12,435 |   |
| Stock-based compensation expense      |                              |  27,259 |   |
| Acquisition expenses                  |                              |   3,357 |   |
| Non-cash rent expense                 |                              |   6,405 |   |
| Debt refinancing costs                |