On July 27, 2022, the Board of Directors of Sonic Automotive, Inc. elected David Bruton Smith, the Company's Chief Executive Officer and a member of the Board, to also serve as Chairman of the Board, effective that day. Also on July 27, 2022, the Board of the Company elected B. Scott Smith, Co-Founder of the Company and a greater than 10% beneficial owner of the Company, to the Board to fill the vacancy created by the passing of O. Bruton Smith, effective that day, with a term expiring at the Company's 2023 annual meeting of stockholders. Mr. B. Scott Smith served as President and Chief Executive Officer of the Company from July 2015 until September 2018 and as a director of the Company from its organization in January 1997 until September 2018.

Mr. B. Scott Smith has not been named to any committees of the Board. There are no arrangements or understandings between Mr. B. Scott Smith and any other persons pursuant to which he was selected as a director. For information regarding disclosure required pursuant to Item 404(a) of Regulation S-K with respect to Mr. B. Scott Smith, see the discussion under the heading “Transactions with Affiliates” on pages 24 and 25 of the Company's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on March 18, 2022 (the “Proxy Statement”).

Mr. B. Scott Smith will be entitled to receive compensation in accordance with the Company's Director Compensation Policy for non-employee directors, a copy of which was attached as Exhibit 10.11 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Specifically, in connection with his election as a director, Mr. B. Scott Smith will receive a grant of 3,884 restricted shares of the Company's Class A Common Stock. Subject to Mr. B. Scott Smith's continued service on the Board, the restricted stock will vest in full on the first anniversary of the grant date.