X0306 4 2020-12-23 0 0001023128 LITHIA MOTORS INC LAD 0001170769 DEBOER SIDNEY B 150 N. BARTLETT MEDFORD OR 97501 1 0 0 0 Class A Common Stock 2020-12-23 4 C 0 200000 0.0 A 200000 I by Trust Class A Common Stock 2020-12-23 4 J 0 200000 288.45 D 0 I by Trust Class A Common Stock 2020-12-23 4 J 0 112431 288.45 A 112431 I by Trust Class A Common Stock 23986 D Class B Common Stock 2020-12-23 4 C 0 200000 0.0 D Class A Common Stock 200000 200000 I by Trust As permitted by instruction 4(b)(iv) to Form 4, the reporting person is reporting beneficial ownership of all shares of Lithia Motors, Inc. Class A Common Stock owned by Lithia Holding Company, L.L.C. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Form 4 shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. By The Sidney B. DeBoer Trust and Lithia Holding Company, L.L.C. The reporting person is the settlor of the Sidney B. DeBoer Trust, and the Sidney B. DeBoer Trust is revocable by the reporting person at any time at the reporting person's option. The Sidney B. DeBoer Trust is the sole manager of Lithia Holding Company, L.L.C., which is the direct owner of the securities shown in rows 2 and 3 of column 5 of table I. Pro rata distribution by Lithia Holding Company, L.L.C. of Lithia Motors, Inc. Class A Common Stock to the members of Lithia Holding Company, L.L.C. including DeBoer Family LLC. The price shown is the value of one share of Lithia Motors, Inc. Class A Common Stock at the close of the New York Stock Exchange on December 23, 2020. Pro rata distribution by Lithia Holding Company, L.L.C. of Lithia Motors, Inc. Class A Common Stock to the members of Lithia Holding Company, L.L.C., including DeBoer Family LLC. As permitted by instruction 4(b)(iv) to Form 4, the reporting person is reporting beneficial ownership of all shares of Lithia Motors, Inc. Class A Common Stock held by DeBoer Family LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this Form 4 shall not be deemed an admission of beneficial ownership of all reported shares for purposes of Section 16 or for any other purpose. The reporting person is the settlor of the Sidney B. DeBoer Trust, and the Sidney B. DeBoer Trust is revocable by the reporting person at any time at the reporting person's option. The Sidney B. DeBoer Trust is a member and sole manager of DeBoer Family LLC which is the direct owner of the securities shown in row 4 of column 5 of Table I. Class B Common Stock is immediately convertible on a one-for-one basis into Class A Common Stock and has no expiration date. The reporting person is the settlor of the Sidney B. DeBoer Trust, and the Sidney B. DeBoer Trust is revocable by the reporting person at any time at the reporting person's option. The Sidney B. DeBoer Trust is the sole manager of Lithia Holding Company, L.L.C., which is the direct owner of the securities shown in row 1 of column 9 of table II. By: Kevin Cundick, Attorney-in-Fact 2020-12-23