On November 30, 2023, the Board of Directors of America's Car-Mart, Inc. elected Jonathan Z. Buba as a new, independent director, effective immediately. Mr. Buba will serve until the Company?s 2024 Annual Meeting of Stockholders, and until such time as his successor is duly elected and qualified, or until his earlier resignation or removal. This appointment fills the vacancy on the Board of Directors left by William H. Henderson, who recently passed away.

Mr. Buba has not been named to any committees at this time. Jonathan Z. Buba, age 45, is a Partner at Nantahala Capital Management, LLC (?Nantahala?), a small-cap focused investment firm based in New Canaan, Connecticut. At Nantahala, Mr. Buba has extensive experience within specialty finance, including subprime installment lending, pawn lending, and lease-to-own retail.

Prior to joining Nantahala in 2011, Mr. Buba worked as an Analyst at Och-Ziff Capital Management (now d/b/a Sculptor Capital Management) (?Och-Ziff?) where he focused on special situations in emerging markets from the firm's New York and London offices. Previously, Mr. Buba was an Associate at Spinnaker Ventures, a San Francisco, California-based venture capital firm. He graduated from Johns Hopkins University in 2000 with a B.S. in Mechanical Engineering and received an M.B.A. in Finance and Accounting from The Wharton School of the University of Pennsylvania in 2007.