PENSKE AUTOMOTIVE / 2021 ESG REPORT 14 BUILDING A GREAT PLACE TO WORK We take pride in providing our team members a supportive work environment that empowers them to do meaningful work while fulfilling their passions and balancing work goals with life goals. Fostering a Great Workplace Culture At Penske Automotive, our success stems from our unique culture. We cultivate an entrepreneurial, high-performance workplace environment and develop leaders from within. To build dynamic teams that are ready, willing and able to serve our customers, we hire the best talent available, define clear expectations, provide fulsome training and reward outstanding performance. Recruiting and Retaining Top Talent Hiring high-quality candidates is integral to our success. Our human resources team sources, screens, hires and onboards new hires using streamlined digital tools that enable seamless management of the recruitment process from start to finish. We also place a great deal of emphasis on hiring and promoting from within the company. Each week, we post new job openings to team members across Penske Automotive via a dedicated internal career site where all job openings are posted. A large majority of our job openings were filled by people from within our organization in 2020. Benefits The philosophy behind our benefits is simple—we want to provide a comprehensive package that supports the wellness and well-being of our team members. This approach enables us to create a healthier company, improve workplace satisfaction and provide sustainable value to our shareholders. Employee benefits include, but are not limited to: • Competitive U.S. 401(k) with employer matching and auto-enroll at hiring • Competitive medical, dental and vision plans* • Company contribution to U.S. health savings plan • Free telemedicine, annual physicals and smoking cessation programs • Paid time-off and sick leave • Company-paid life insurance • Free employee assistance programs • Employee discounts and incentives on vehicle purchases Penske Automotive has a proven track record for providing a best-in-class workplace experience. In 2020, our annual turnover was 19% as compared to 21% in 2019 and 22.5% in 2018. These turnover rates are significantly below industry averages. *In the U.K., our employee benefits include national benefit programs. Executive Vice President of Marketing, Tracy Cassady, was named among Automotive News’ 100 Leading Women in the North American Automotive Industry.