Investor Presentaiton

Well Positioned for Industry Consolidation Through Disciplined M&A Strategy Significant Consolidation Opportunities Acquisitions are a key part of capital allocation strategy Disciplined approach to evaluating acquisitions Meets internal return requirements Brand fit and diversification Geography Operational opportunities & potential synergies Go Forward Plan Initiatives better position AutoCanada as an industry consolidator Ability to layer initiatives onto future acquisitions to realize incremental value Strong balance sheet provides dry powder • • • Advance and actively assess strategic acquisition opportunities and develop a robust acquisition pipeline Employ a disciplined hurdle-return framework to price transactions Currently engaged with multiple potential targets in connection with potential acquisitions in excess of $150 million in transaction value At varying stages of the acquisition process Consistent with our previously stated intentions and strategy, these deals will add diversity by geography and OEM brands Majority of pipeline is represented by franchise dealerships located in Ontario, Canada Pipeline includes a mix of OEM brands that we currently operate and brands that we do not yet have Anticipate beginning to close on certain deals in Q2 2021, while also continuing to develop our acquisition pipeline as we move forward beyond these initial acquisition opportunities AutoCanada is the Acquirer of Choice AutoCanada 18

View entire presentation