AutoNation : Code of Business Ethics (2026 AutoNation Code of Business Ethics FINAL 53ff08)

Rules of the Road

CODE OF BUSINESS ETHICS

2026

Code of Business Ethics

‌TABLE OF CONTENTS

Letter from the CEO 3

Our Vision, Mission and Values 4

Introduction and Overview 5

Maintaining our Commitment to

High Standards of Business Conduct 6

Our Business Ethics Program 6

To Whom Does the Code Apply? 6

Making Ethical Decisions 7

Seeking Guidance, Reporting Concerns

and Raising Ethical Issues 8

Accounting and Auditing Issues 9

The Alertline 9

We Do Not Retaliate for

Making Good Faith Reports 11

How We Enforce our

Standards of Conduct 11

Associate Responsibilities

Under the Code 11

A Word on Managers’ Additional Responsibilities Under the Code 12

Maintaining a Safe and

Ethical Workplace 13

Equal Employment Opportunity 14

Harassment 15

Wage and Hour Laws 15

Workplace Health and Safety 16

Protecting the Environment 16

Preventing Workplace Violence 17

Drugs and Alcohol 17

Ethical Practices in the Marketplace 18

Selling, Marketing and Advertising 19

Customer Financial Services 20

After-Sales 20

Information Belonging to Customers 21

Non-Discrimination 21

Competing Fairly 22

Properly Obtaining Competitive

Information 22

Anti-Money Laundering /

Economic Sanctions 23

Protecting the Property and

Information of Others 24

Protecting the Company’s Interests 25

Accurate Books and Records 26

Record Maintenance Requirements 28

Contact with the Media &

Members of the Financial Community 29

Social Media 30

Insider Trading 31

Conflicts of Interest and

Corporate Opportunities 32

Gifts and Entertainment 33

Procurement 34

Protection of Company Property

and Confidential Information 35

Protecting Information Technology 37

Ethical Matters Concerning

Government and the Community 38

Government Contracts 39

Dealing with Government

Officials and Employees 39

Investigations and Audits 40

Legally Protected Communications 41

Political Contributions and

Community Service 41

Conclusion 42

The Code Is Not Comprehensive 43

Administration of our Code 44

No Contract or Other Rights Created 45

Click heading to navigate directly to each topic.

Waivers of the Code 45

CODE OF BUSINESS ETHICS

‌Letter from the CEO

Thank you for making AutoNation America’s most admired automotive retailer. We take pride in operating our business with high standards of business conduct and in compliance with the law. These standards are critical to our continued success and our reputation for integrity when dealing with our fellow Associates, valued Customers, business partners and others.

AutoNation’s Code of Business Ethics and related policies support our commitment to lawful and ethical business conduct. The Code describes our standards of business conduct and helps us navigate legal and ethical dilemmas we may face. Our guiding principles are to be honest, fair, respectful and responsible in all workplace interactions and business dealings.

Every Associate is expected to read, understand, and follow our Code of Business Ethics and Business Ethics Policies.

In addition, each of us has a responsibility to report known or suspected violations of law or Company policy using the resources described in the Code. Remember, AutoNation has zero tolerance for retaliation, so we can have confidence when we raise issues or concerns.

Identifying and timely addressing potential issues prevents them from growing and is essential for us to maintain the high standard of ethical conduct to which we hold ourselves accountable. Please use the resources referenced in the Code to address any questions you may have about the law, ethics or Company policy.

I know each of us will do our part to ensure AutoNation maintains high standards of business conduct. Together we can protect the Company’s reputation, continue to deliver a wonderful Customer experience, and achieve even greater success.

Thank you for your contributions to AutoNation and your support of our Business Ethics Program. Sincerely,

Mike Manley

Chief Executive Officer

CODE OF BUSINESS ETHICS

‌OUR VISION, MISSION AND VALUES

AutoNation Vision

At AutoNation, our vision is to be “America’s best place to buy and service cars and trucks.” We strive to be the best in all facets of automotive retail through our shared ethical values and common

practices. Our vision is based on an uncompromising focus on the Customer. This vision shapes us as a Company that’s continuously improving and setting industry standards in all that we do.

AutoNation Mission

Our mission is simple. It is to deliver a “peerless Customer experience.” This means that our goal is to be the very best in the industry. We must provide a Customer experience better than everyone else.

Behaviors

D R I V E

Deliver Results

Respect Others

Ignite Performance

Value Accountability

Elevate the Business

Embrace and cherish competition

Deliver as a way of life

Drive to impress customers

Coach, empower, and develop others

Drive collaboration through respect and openness

Demonstrate humility

Be proactive

Have the courage to make tough calls

Develop plans and execute

Reach for discontinuity

Set incredibly high standards

Act with integrity and honesty

Hold yourself and others accountable

Benchmark the best and beat them

Know the marketplace

Make data-driven decisions

CODE OF BUSINESS ETHICS

Values

We are We are

driven to one

be great. AutoNation.

Every moment is an opportunity to make today better than yesterday

Leadership is Greatness earned every day. can be

We are a meritocracy.

measured.

‌Introduction and Overview

CODE OF BUSINESS ETHICS