Consumer Portfolio Services (CPSS) Proxy Filing summary

Executive summary

• Annual meeting scheduled for November 12, 2024, to elect directors, ratify auditors, and hold a say-on-pay vote.

• Nine directors nominated for one-year terms; all are independent except the CEO.

• Crowe LLP proposed as independent auditors for 2024; prior years' audit and non-audit fees disclosed.

• Advisory vote on executive compensation to be held; compensation structure and 2023 outcomes detailed.

• Shareholders of record as of September 25, 2024, are eligible to vote; cumulative voting allowed for directors.

Voting matters and shareholder proposals

• Proposals include election of nine directors, ratification of Crowe LLP as auditors, and approval of executive compensation.

• Board recommends voting FOR all nominees and proposals.

• Shareholder proposals for the 2025 meeting must be submitted by the specified deadlines and comply with SEC rules.

Board of directors and corporate governance

• Board consists of nine members, with only the CEO not considered independent.

• Audit, Compensation, and Nominating Committees are composed solely of independent directors.

• Board held six meetings in 2023; all directors attended at least 75% of meetings.

• No formal diversity policy for director nominations; shareholder recommendations are considered.