CarMax (KMX) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order with a reminder about forward-looking statements and associated risks and uncertainties.

• Rules of conduct and procedures were outlined, and the Inspector of Election was introduced.

• Notice of the meeting and proxy materials were distributed to shareholders of record.

Board and executive committee updates

• Recognition given to two outgoing directors for their years of service.

• Introduction of three new director nominees and listing of all nominees for the coming year.

Shareholder proposals

• Four items of business presented: election of directors, ratification of KPMG as auditors, advisory vote on executive compensation, and approval of amendments to the stock incentive plan.

• Details of the executive compensation program and stock incentive plan amendments referenced as available in the proxy statement.