LKQ Corporation announced that Joseph M. Holsten informed his intention to retire from his position as a member of the Board and to not stand for re-election at the Company?s 2024 annual meeting of stockholders, which is expected to take place on May 7, 2024 (the ?Annual Meeting?). Mr. Holsten will continue to serve as a member of the Board and on the Board?s Regulatory Advisory Committee until the Annual Meeting. In recognition of Mr. Holsten?s service to the Company and in order to continue to benefit from his counsel, the Board has designated Mr. Holsten as a Board observer, effective immediately following his retirement.

As a Board observer, Mr. Holsten will not be a voting member of the Board and will not have fiduciary responsibilities associated with being a member of the Board; however, Mr. Holsten may attend Board and committee meetings in an advisory capacity. The decision of Mr. Holsten to retire and to not stand for re-election was not due to any disagreement with the Company regarding any matter related to its operations, policies or practices.