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KAR Auction Services Raises More than $240,000 for United Way of Central Indiana

December 19, 2016

FOR IMMEDIATE RELEASE

Media Inquiries:
Tobin Richer
(317) 249-4521
tobin.richer@karauctionservices.com

Analyst Inquiries:
Mike Eliason
(317) 249-4559
mike.eliason@karauctionservices.com

KAR Auction Services Raises More Than $240,000 for United Way of Central Indiana
Company Delivers 450 Support Kits to the Salvation Army as Part of Annual United Way Giving Campaign

CARMEL, Ind. – December 19, 2016 – KAR Auction Services, Inc. (NYSE: KAR) announced it raised $242,884 for the United Way of Central Indiana through the company’s annual fundraising campaign. More than 330 Indiana-based KAR employees made personal contributions that were then matched by the company. The final donation represents a 63% increase over 2015 and is the largest single charitable gift in KAR’s history.

“As one of Indiana’s largest publicly traded companies, we are committed to supporting the communities where we live and work,” said Jim Hallett, chairman and CEO of KAR. “The United Way of Central Indiana helps our friends, neighbors and coworkers build a brighter future for themselves and their families. We are proud to be part of that important mission.”

The donated funds will support the United Way’s programs and services in the six-county region of Boone, Hamilton, Hancock, Hendricks, Marion and Morgan. The UWCI’s goal is to help all Central Indiana residents achieve and maintain self-sufficiency by focusing on key areas of community impact – education, financial stability, health and basic needs.

“We are extremely grateful for the generosity of KAR Auction Services and their employees,” said Ann D. Murtlow, president and CEO of the United Way of Central Indiana. “KAR’s contributions will help us make a meaningful and lasting impact on the life and health of individuals in our community.”

As part of this year’s campaign, KAR employees also assembled 450 United Way 2-1-1 kits. These immediate support packages are available free of charge to anyone in need. They include food, basic personal items such as tissues and hand wipes, and a handwritten note from volunteers. KAR employees delivered the 2-1-1 kits to the Salvation Army and the Salvation Army’s Women & Children’s Shelter for distribution.

KAR’s United Way fundraising campaign is part of the company’s yearlong corporate giving campaign, which serves a variety of local and national nonprofit organizations.

About KAR Auction Services
KAR Auction Services, Inc. (NYSE: KAR), a FORTUNE® 1000 company, operates worldwide vehicle auction services and provides related services. Based in Carmel, Indiana, the KAR group of companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAA), Automotive Finance Corporation (AFC), and additional business units, with over 17,500 employees and 310 locations. Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry. For more information, visit karauctionservices.com.