O'Reilly Automotive Approves 15-For-1 Stock Split, Subject To Shareholder Approval Of An Increase In The Number Of Authorized Shares Of Common Stock At Its Upcoming Annual Meeting On May 15, 2025

• Board approves 15-for-1 stock split, subject to shareholder approval of share authorization increase
• Split is aimed at helping team members take advantage of employee stock purchase benefits

SPRINGFIELD, Mo., March 13, 2025 (GLOBE NEWSWIRE) -- O'Reilly Automotive, Inc. (the "Company" or "O'Reilly") (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced that its Board of Directors (the "Board") approved a 15-for-1 split of its common stock, to be effected in the form of a one-time special stock dividend.

The stock split is subject to shareholder approval of an amendment to O'Reilly's Articles of Incorporation to increase the number of authorized shares of common stock to accommodate the stock split. O'Reilly intends to seek shareholder approval for this amendment at its upcoming annual meeting on May 15, 2025.