PAG · Penske Automotive Group, Inc.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

The transaction was executed in multiple trade prices ranging from $171.43 to $172.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2026.

Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2026.

Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2026.

Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2026.

Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2026.

The transaction was executed in multiple trade prices ranging from $160.02 to $160.29. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

Fifteen percent of these shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.

Price is not relevant to this transaction.

Fifteen percent of these shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.

Price is not relevant to this transaction.

Fifteen percent of these shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.

Price is not relevant to this transaction.

Fifteen percent of these shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.

Price is not relevant to this transaction.

Fifteen percent of these shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.

Price is not relevant to this transaction.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service to the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service to the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service to the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service to the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service to the Company's Board of Directors.

Not applicable.

The transaction was executed in multiple trade prices ranging from $160.02 to $160.30. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

One for one.

Price is not relevant to this transaction.

These units are exercisable beginning on the reporting person's separation from service from the Company's Board of Directors.

Not applicable.

The transaction was executed in multiple trade prices ranging from $187.00 to $187.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

These shares held were previously held directly.

The transaction was executed in multiple trade prices ranging from $180.735 to $180.77. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

1,529 of the shares indirectly held were previously held directly.