Company: ORLY
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0000898173-25-000013
Chunk: 22

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 22
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 management has taken to monitor and control those exposures, including the Company’s risk assessment and risk management policies.

|                                         | ●●●●●●●​                                                                                                                                                                                                 |
| SPECIFIC RISK ASSESSMENT AREAS REVIEWED |                                                                                                                                                                                                          |
|                                         | ●The Company’s Annual Corporate Risk Assessment.                                                                                                                                                         
 ●The Company’s Code of Conduct and Ethics program compliance.                                                                                                                                            
 ●Related party transactions.                                                                                                                                                                             
 ●Insider trading policy compliance.                                                                                                                                                                      
 ●The Company’s TIPS Hotline activity.                                                                                                                                                                    
 ●Appropriate interpretation and application of new accounting standards.                                                                                                                                 
 ●Internal auditor’s comprehensive audit plan.                                                                                                                                                            
 ●External auditor’s independence and audit effectiveness.                                                                                                                                                
 ●Significant cybersecurity risks, including cybersecurity incidents, the impact on the Company of any significant cybersecurity incident, and any disclosure obligations arising from any such incident. |

The Company’s Annual Corporate Risk Assessment uses the ISO 31000 framework, quarterly high-risk scenario updates, quarterly information security and cybersecurity risk updates, and a Management Status Report, which identifies the material strategic and operational Company business risks and the controls that respond to and mitigate those risks. The Audit Committee reviews, with management, the Company’s financial performance and financing arrangements and meets with the Company’s internal and external auditors to review the Company’s compliance with all applicable financial reporting and Sarbanes-Oxley requirements. The Audit Committee also reviews, with management, the status of the Company’s information security and cybersecurity programs and initiatives, business continuity planning, and PCI compliance.

| ​                    | ​                                |
| 2025 PROXY STATEMENT | O’REILLY AUTOMOTIVE, INC.  |  33 |

| INFORMATION CONCERNING THE BOARD OF DIRECTORS | ​ |

Human Capital and Compensation Committee Risk Oversight The Human Capital and Compensation Committee provides risk management oversight for areas including compensation, retention, and human capital management risks.

|                                         | ●●​                                                                      |
| SPECIFIC RISK ASSESSMENT AREAS REVIEWED |                                                                          |
|                                         | ●Executive officer succession planning.                                  
 ●Senior management development plans and approval of hiring.             
 ●Promotions and total compensation for executives and senior management. |

The Human Capital and Compensation Committee reviews total compensation for base salary, incentive compensation, benefits, and perquisites to ensure they are market competitive and consistent with the Company’s compensation philosophy and ensures that these compensation plans and arrangements do not create inappropriate risks. In addition, the Human Capital and Compensation Committee assesses risks for non-executive