CarMax (KMX) AGM 2024 summary

Opening remarks and agenda

• The meeting was officially called to order, with a reminder that forward-looking statements are subject to risks and uncertainties.

• Rules of conduct were outlined, and shareholders were invited to submit questions via the virtual portal.

• A quorum was confirmed, and independent auditors from KPMG LLP were present to answer questions.

Board and executive committee updates

• Eleven director nominees were introduced, with details on their tenure and roles.

Shareholder proposals

• Three items were presented: election of directors, ratification of KPMG as auditors, and an advisory vote on executive compensation.

• Shareholders could comment on proposals after all were presented.