Lithia Motors held its 2026 Annual Meeting of Shareholders on April 30, 2026. Shareholders voted on the election of ten directors, all of whom were elected to the board. The advisory vote on executive compensation passed with 17,305,726 votes in favor. Shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for 2026. A shareholder proposal regarding board leadership structure was defeated, with 16,647,183 votes against it.