Group 1 Automotive Shareholders Approve Governance Reforms and Dividend at 2025 Annual Meeting

Group 1 Automotive, Inc. shareholders approved key corporate governance changes during the company’s 2025 Annual Meeting. A significant outcome was the approval of amendments to the company’s Certificate of Incorporation, eliminating the supermajority voting requirement. The revised structure allows future amendments to certain governance provisions—such as director removal and shareholder meeting rules—by a simple majority vote rather than an 80% supermajority.

Additionally, all nine director nominees were re-elected to serve until the 2026 Annual Meeting, and shareholders approved, on an advisory basis, the compensation of the company’s named executive officers. The selection of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2025, was also ratified.

A separate shareholder proposal seeking to implement a simple majority vote standard in all company matters was not approved.

Group 1’s Board of Directors also declared a quarterly cash dividend of $0.50 per share, payable on June 16, 2025, to shareholders of record as of June 2, 2025.