Credit Acceptance (CACC) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 4, 2025, with shareholders voting on director elections, executive compensation, and auditor ratification.

• Shareholders of record as of April 8, 2025, are eligible to vote; 11,747,851 shares outstanding.

• Proxy materials are primarily distributed electronically, with options for paper copies upon request.

Voting matters and shareholder proposals

• Proposals include election of six directors, advisory vote on executive compensation, and ratification of Grant Thornton LLP as independent auditor for 2025.

• Shareholder proposals for the 2026 annual meeting must be submitted by December 25, 2025.

• Universal proxy rules and advance notice procedures apply for director nominations and other proposals.

Board of directors and corporate governance

• Board consists of six directors, all current nominees, with diverse backgrounds in finance, operations, and technology.

• Board leadership structure separates Chair and CEO roles; independent Chair leads oversight.

• Three standing committees: Audit, Compensation, and Nominating, all with independent directors.

• Board and committee attendance was high in 2024, with minor absences.

• Codes of conduct, clawback, hedging, and insider trading policies are in place.