OPENLANE(KAR) - 2024 Q1 - Quarterly Results

EXHIBIT 99.1 EARNINGS RELEASE For Immediate Release Mike Eliason Laurie Dippold mike.eliason@openlane.com laurie.dippold@openlane.com Analyst Inquiries: Media Inquiries: (317) 249-4559 (317) 468-3900 • Marketplace volumes increased 13% YoY • Gross Merchandise Value (GMV) increased 17% to $7 billion YoY • Income from continuing operations of $19 million • Adjusted EBITDA of $75 million, with Marketplace accelerating to 47% of total • $100 million of cash flow from operating activities Earnings Conference Cal ...