KAR Strengthens Asset Recovery Capabilities with Consolidated Management Team

Recovery Database Network Joins Clearplan to Create Unified Business Unit

FOR IMMEDIATE RELEASE

Carmel, IN – December 11, 2018 – KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services provider, announced a consolidated management team for its software as a service businesses Recovery Database Network (RDN) and recently acquired Reno, Nevada-based Clearplan. The integrated management team increases synergies for these complementary business units. The consolidation will enable the development and delivery of tools with increased convenience, accuracy and transparency for its asset recovery customers and automotive lenders.

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KAR Strengthens Asset Recovery Capabilities with Consolidated Management Team – KAR Auction Services, Inc. d/b/a KAR Global