Current Report · Items 5.07 · 8-K

OPENLANE, Inc

OPLNNYSEEQUITYCurrent

Submission of Matters to a Vote of Security Holders

Filed Jun 8, 2026Accepted Jun 8, 2026, 3:11 PM EDTCIK 1395942Accession 0001395942-26-000024

Company context

OPENLANE, Inc. (NYSE: KAR) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services deliver a fast, fair and transparent experience that helps customers make smarter decisions and achieve better outcomes. Headquartered in Carmel, Indiana, OPENLANE has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest OPENLANE news, visit corporate.openlane.com.

Current securities

OPLNNYSE · EQUITY · Current

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Disclosure sections

Items 5.07

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Item 5.07Item 5.07 - Submission of Matters to Vote

Item 5.07 Submission of Matters to a Vote of Security Holders. (a) The annual meeting of stockholders of OPENLANE, Inc. (the “Company”) was held on June 5, 2026 (“Annual Meeting”). (b) At the Annual Meeting, the stockholders: • elected the director nominee designated by Ignition Parent LP (“Apax Investor”) to the Company’s Board of Directors; • elected the other eight director nominees to the Company’s Board of Directors; • approved, on an advisory basis, executive compensation; and • ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year 2026. The following are the final voting results for each of the four proposals voted on at the Annual Meeting. 1. Election of Director (Nominee Designated by the Apax Investor):* NAME FOR AGAINST ABSTAIN BROKER NON VOTES ────────────────────────────────────────────────────────────────────────── Roy Mackenzie 16,939,789 0 0 0 * As described in the Company’s proxy statement for the Annual Meeting, the holders of shares of Series A Convertible Preferred Stock, voting as a separate class, voted on the election of Mr. Mackenzie. 2. Election of Directors (Other Eight Nominees): NAME FOR AGAINST ABSTAIN BROKER NON VOTES ─────────────────────────────────────────────────────────────────────────────────── Randolph Altschuler 112,134,922 572,270 207,010 4,308,636 Carmel Galvin 110,988,467 1,765,650 160,085 4,308,636 J. Mark Howell 111,390,238 1,508,734 15,230 4,308,636 Stefan Jacoby 107,434,149 5,464,824 15,229 4,308,636 Peter Kelly 112,133,881 766,071 14,250 4,308,636 Michael T. Kestner 108,444,879 4,454,039 15,284 4,308,636 Mary Ellen Smith 111,121,765 1,632,497 159,940 4,308,636 Kelly Tuminelli 112,840,015 58,866 15,321 4,308,636 3. Advisory Vote on Executive Compensation: FOR AGAINST ABSTAIN BROKER NON VOTES ────────────────────────────────────────────────────────── 110,339,036 2,354,947 220,219 4,308,636 4. Ratification of Appointment of KPMG LLP: FOR AGAINST ABSTAIN ───────────────────────────────────────── 116,244,513 756,707 221,618