Lithia Motors 2026 Annual Shareholder Meeting Voting Results

Lithia Motors, Inc. filed an 8-K reporting the voting results from its 2026 Annual Meeting of Shareholders held on April 30, 2026. Shareholders voted on four key matters: 1) Election of ten directors, with all nominees receiving substantial support; 2) Advisory vote on executive compensation, approved with 17.3 million votes for and 3.6 million against; 3) Ratification of KPMG LLP as independent auditor for 2026, approved with 21.6 million votes for; and 4) A shareholder proposal requesting changes to board leadership structure, which was rejected with only 4.2 million votes for versus 16.6 million against. The company reported broker non-votes on all proposals except the auditor ratification. All directors were elected with strong majorities, with Bryan B. DeBoer receiving the highest support at 20.9 million votes.