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On September 10, 2018, we announced a commitment by our chief executive officer, Ermest Garcia III,
document IMAGES-007-HOUSE_OVERSIGHT_024369.txt Sep 10, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

… Additionally, the shares issued to settle the 100k Milestone Gift are offset by share contributions from Mr. Garcia to Carvana, therefore we expect the impact on shares outstanding to be nearly zero. We believe that excluding it enables us to more effectively evaluate our perfor...

EBITDA for a calendar quarter
document IMAGES-007-HOUSE_OVERSIGHT_024346.txt Apr 1, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ual monthly installments on the first of each month thereafter. (10) These performance-contingent RSUs vest on the date Carvana files a periodic report (1.e., Form 10-Q or Form 10-K) with the SEC reflecting positive EBITDA for a calendar quarter. -37- HOUSE_OVERSIGHT_024346

the ability to represent all stockholders without a conflict of interest
document IMAGES-007-HOUSE_OVERSIGHT_024314.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…lities, skills, experiences, and attributes are essential to our Board’s ability to exercise its oversight function for Carvana and its stockholders and to guide the long-term sustainable, dependable performance of our business. Subject to any earlier resignation or removal in a...

4. to recommend, by an advisory vote, the frequency of future advisory votes on executive compensati
document IMAGES-007-HOUSE_OVERSIGHT_024310.txt Dec 31, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

… registered public accounting firm for the year ending December 31, 2019; 3. FOR the approval, by an advisory vote, of Carvana’s executive compensation; and 4. FOR an advisory vote that future advisory votes on executive compensation occur annually. Q: How do I cast my vote?...