Sonic Automotive Investor Presentation — February 2022

Document content

Investor Presentation

Updated February 16, 20222

Forward-Looking Statements

This presentation contains “forward -looking statements” within themeaning ofthePrivate Securities Litigation Reform Actof1995. These

statements relate tofuture events, arenothistorical facts andarebased onourcurrent expectations andassumptions regarding our

business, theeconomy andother future conditions .These statements cangenerally beidentified bylead- inwords such as“may,” “will,”

“should,” “could,” “believe,” “expect,” “estimate,” “anticipate,” “intend,” “plan,” “foresee” andother similar words orphrases .Statements

that describe ourCompany’s objectives, plans orgoals arealso forward- looking statements .Examples ofsuch forward- looking

information wemay bediscussing inthispresentation include, without limitation, theeffects ofCOVID -19andnew variants ofthevirus on

operations, ouranticipated future new vehicle unitsales volume, revenues andprofitability, ouranticipated future used vehicle unitsales

volume, revenues andprofitability, new andused vehicle inventory levels, ouranticipated future parts, service andcollision repair (“Fixed

Operations”) gross profit, ouranticipated expense reductions, long- term annual revenue andprofitability targets, anticipated future growth

capital expenditures, profitability and pricing expectations inourEchoPark Segment, anticipated openings ofnew EchoPark stores,

anticipated future EchoPark population coverage, anticipated future EchoPark revenue and unit sales volume, anticipated future

performance andgrowth ofourFranchised Dealerships Segment, anticipated liquidity positions, anticipated industry new vehicle sales

volume, theimplementation ofgrowth andoperating strategies, including acquisitions ofdealerships andproperties, anticipated future

acquisition synergies, theintegration oftheRFJ Auto acquisition, thereturn ofcapital tostockholders, anticipated future success and

impacts from theimplementation ofourstrategic initiatives, andearnings pershare expectations .

You arecautioned thatthese forward- looking statements arenotguarantees offuture performance, involve risks anduncertainties and

actual results may differ materially from those projected intheforward- looking statements asaresult ofvarious factors .These risks and

uncertainties include, without limitation, economic conditions inthemarkets inwhich weoperate, supply chain disruptions and

manufacturing delays, labor shortages, theimpacts ofinflation and increases ininterest rates, new and used vehicle industry sales

volume, thesuccess ofouroperational strategies, therateandtiming ofoverall economic expansion orcontraction, andtheriskfactors