KAR Auction Services Launches Volunteer Program in Honor of Leap Year

10,500 full-time employees across North America offered day off work to perform community service

CARMEL, Ind., February 24, 2016—Carmel, Ind.-based KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, announced today the launch of its Leap Into Service community program in honor of the upcoming Leap Day on February 29. KAR Auction Services Chairman and CEO Jim Hallett made the announcement.

As a part of “Leap Into Service,” KAR is giving all full-time employees across North America eight hours of paid time off to volunteer with the charity of their choice. Employees are encouraged to volunteer with family, friends or colleagues, and can choose to do so any day between Leap Day and the end of this year.

“KAR Auction Services is dedicated to serving the communities in which we live and work, and we are always looking for innovative and fun ways to give back,” said Hallett. “We recognized the extra day we get this Leap Year as an excellent opportunity to make a meaningful difference in the many different communities we are a part of across the country.”

The KAR Leap Into Service program is part of the company’s yearlong corporate giving campaign, which serves a variety of local and national nonprofit organizations.

About KAR Auction Services
KAR Auction Services, Inc. (NYSE: KAR), a FORTUNE® 1000 company, operates worldwide vehicle auction services and provides related services. Based in Carmel, Indiana, the KAR group of companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAA), Automotive Finance Corporation (AFC), and additional business units, with approximately 14,000 employees and 240 auction facilities. Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry. For more information, visit karauctionservices.com.

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