Cars Commerce Announces Inducement Awards Under NYSE Listing Rule 303A.08

Group 1 - Cars.com Inc. granted performance-based stock unit awards (PSUs) covering 155,885 shares and restricted stock units (RSUs) covering 233,827 shares to Tobias Hartmann as part of his hiring as Chief Executive Officer-Designate [1] - The RSUs will vest ratably over three years, while the PSUs will vest over a three-year performance period based on specified stock price targets [1] - The awards were approved by a majority of the independent members of the Company's Board of Directors and are part of the Cars.com Inc. 2025 Inducement Equity Plan [1][2] Group 2 - Cars Commerce is a technology company focused on the automotive industry, providing solutions that enhance car buying and selling processes [3] - The company operates a platform that includes various brands such as Cars.com, Dealer Inspire, AccuTrade, DealerClub, and Cars Commerce Media Network [3] - The company's offerings are designed to improve retail operations through AI-driven technologies and efficient solutions across different stages of the automotive sales process [3]