State of Arizona Mail - Fw_ 12.22.21 message from David Hult, Asbury President & CEO.pdf

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Master Agreement AZ|CTR070729
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CTR070729
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This document is a company-wide communication email from David Hult, President and CEO of Asbury Automotive Group, dated December 22, 2021, announcing the completed acquisition of Larry H. Miller Dealerships. The email was forwarded by Rick Zamora of Larry H. Miller Toyota to Thomas Kornell at the Arizona Department of Transportation (ADOT), and involves Asbury Automotive Group's expansion across 15 states with over 150 dealerships.

The communication outlines Asbury's strategic acquisition of the Larry H. Miller Automotive Group, emphasizing the cultural significance of the merger and commitment to maintaining the legacy of the Miller family's 42-year automotive retail business. Hult highlights the combined company's scale of over 14,000 team members and promises to continue the Miller group's reputation for guest-centric service. The message also encourages employees to embrace new growth and career development opportunities within the expanded Asbury Automotive Group, with a focus on becoming the most guest-centric automotive retail company in the industry.

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4/4/24, 9:14 AM State of Arizona Mail - Fw: 12.22.21 - A message from David Hult, Asbury President & CEO https://mail.google.com/mail/u/0/?ik=ecaaf80299&view=pt&search=all&permmsgid=msg-f:1791073664680496968&simpl=msg-f:1791073664680496968 1/2

Thomas Kornell <tkornell@azdot.gov>

Fw: 12.22.21 - A message from David Hult, Asbury President & CEO

Rick Zamora <rzamora@lhmauto.com> Fri, Feb 16, 2024 at 9:29 AM To: Thomas Kornell <tkornell@azdot.gov> Cc: Rick Zamora <rzamora@lhmauto.com>

Hi Tom, Here is the letter we received from Asbury back in December of 2021 when the purchase of the Larry H Miller group was completed.

Thank you, Rick Zamora Larry H Miller Toyota

(623) 876-3493

From: Employee Communications <EmployeeCommunications@asburyauto.com> Sent: Wednesday, December 22, 2021 10:50 AM To: Employee Communications <EmployeeCommunications@asburyauto.com> Cc: David Hult <dhult@asburyauto.com>; Daniel Clara <dclara@asburyauto.com>; Jed Milstein <jmilstein@asburyauto.com>; Michael Welch <mwelch@asburyauto.com>; George Villasana <gvillasana@asburyauto.com> Subject: 12.22.21 - A message from David Hult, Asbury President & CEO

*The following message is from David Hult, Asbury President & CEO*

Larry H. Miller Team Members, I’m excited to be able to say… welcome to Asbury!

Last Friday, we completed the acquisition of Larry H. Miller Dealerships, and we’re honored to have you on board. Together, we are a company of more than 14,000 talented team members in 15 states at over 150 dealerships.

mailto:EmployeeCommunications@asburyauto.com mailto:EmployeeCommunications@asburyauto.com mailto:EmployeeCommunications@asburyauto.com mailto:EmployeeCommunications@asburyauto.com mailto:dhult@asburyauto.com mailto:dclara@asburyauto.com mailto:jmilstein@asburyauto.com mailto:mwelch@asburyauto.com mailto:gvillasana@asburyauto.com

4/4/24, 9:14 AM State of Arizona Mail - Fw: 12.22.21 - A message from David Hult, Asbury President & CEO https://mail.google.com/mail/u/0/?ik=ecaaf80299&view=pt&search=all&permmsgid=msg-f:1791073664680496968&simpl=msg-f:1791073664680496968 2/2

When we were presented with the opportunity to acquire Larry H. Miller Automotive Group, it wasn’t an opportunity we took lightly. We knew the immense responsibility that came with acquiring a group like Larry H. Miller. The legacy and culture the Millers have built over the past 42 years is the ideal and a shining example in our industry. Your commitment to your guests and your communities is renowned, and you have created something very special. It is my promise that we will strive to be good stewards of that legacy and continue to make Gail and the Miller family proud.

I hope you see and feel the benefit of being a part of Asbury Automotive Group, too, whether it is through the network of new colleagues all across the country or all of the resources we have to offer. We also encourage you to take advantage of the new growth and career development opportunities that are now available to you.

I feel confident that we will become a better and stronger company together. Through your continued dedication to your guests and Asbury’s North Star of being the most guest-centric automotive retail company, we will accomplish great things. I know you may be wondering more about Asbury and who we are. This short video will tell you a more about our culture and what makes us proud at Asbury.

I look forward to meeting you soon, and I’m excited to start this journey together.

David Hult

Asbury President & CEO https://protect-us.mimecast.com/s/8I3JCXDly3CGzB3f68QKk?domain=nam04.safelinks.protection.outlook.com https://protect-us.mimecast.com/s/8I3JCXDly3CGzB3f68QKk?domain=nam04.safelinks.protection.outlook.com

File details come from the government source that posted it. Updated .