KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services company, announced it has reached a definitive agreement to acquire Belgium-based CarsOnTheWeb (COTW). KAR is a Fortune 750 company with 17,500 employees across the United States, Canada, Mexico and the United Kingdom. KAR’s diverse team helps the world’s largest automotive marketplaces buy, sell and trade used vehicles. Last year KAR facilitated more than 5.5 million transactions valued at over $40 billion through its physical, online, and digital/mobile auction marketplaces. COTW’s highly complementary assets and capabilities will help fuel KAR’s continued growth and allow KAR to deliver more globally integrated solutions to its customers.

#702Fortune 1000 list

$3.5Brevenue

$40Bvalue of

vehicles sold

40M data from

ancillary and related services

annually

~50%vehicles sold

online

5.5Mvehicles sold

annually

75 auction locations

3.2Mvehicles sold

192auction locations

2.4Mvehicles sold(includes HBC)

130branch locations

~1.7Mloan transaction units

120 countries in our customer base

17.5Kemployees

300+ operating locations

across the US, Canada, Mexico & UK

KAR to Extend International Footprint with Agreement to Acquire CarsOnTheWeb

Online Auction Types

KAR Auction Services, Inc.

CarsOnTheWeb

97%cross border

sales

19 languages

170 employees

40K+registereddealers*

Pan- European

logistics

Dynamic auctions

Target auctions

Buy Now auctions

Blind auctions

“x-Time” auctions

Core Businesses

*Figures represent 12 month period. Location data as of November 2018. All other KAR company figures represent end of year 2017 data. | Rev. 11/18

Additional KARBusiness Units

Operating locations

Buyer Distribution Partnerships COTW offices

VATCompliant

processes