SCHEDULE H, LINE 4I-SCHEDULE OF ASSETS (HELD AT END OF YEAR)

12 Months Ended

Dec. 31, 2025

EBP 003

EBP, Schedule of Asset Held for Investment [Line Items]

SCHEDULE H, LINE 4I-SCHEDULE OF ASSETS (HELD AT END OF YEAR)

LITHIA MOTORS, INC. 401(K) PLAN

SCHEDULE H, LINE 4I-SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2025

EIN 93-0572810 PN 003

SUPPLEMENTAL SCHEDULE OF ASSETS

(a)

(b) Identity of issue, borrower, lessor, or
similar party

(c) Description of investment including maturity date, rate of interest, collateral, par, or maturity value

(d)
Cost

(e) Current value

*

Lithia Motors, Inc. Common Stock

Common Stock

N/A

32,214,409

Stable Value Fund Class R1

Common/Collective Trusts

N/A

26,921,356

JP Morgan Smart Retirement PB Income

Common/Collective Trusts

N/A

32,023,697

JP Morgan Smart Retirement PB 2025

Common/Collective Trusts

N/A

42,952,704

JP Morgan Smart Retirement PB 2030

Common/Collective Trusts

N/A

73,207,882

JP Morgan Smart Retirement PB 2035

Common/Collective Trusts

N/A

79,567,997

JP Morgan Smart Retirement PB 2040

Common/Collective Trusts

N/A

84,012,454

JP Morgan Smart Retirement PB 2045

Common/Collective Trusts

N/A

92,513,910

JP Morgan Smart Retirement PB 2050

Common/Collective Trusts

N/A

94,839,492

JP Morgan Smart Retirement PB 2055

Common/Collective Trusts

N/A

86,881,185

JP Morgan Smart Retirement PB 2060

Common/Collective Trusts

N/A

94,877,181

JP Morgan Smart Retirement PB 2065

Common/Collective Trusts

N/A

14,119,277

State Street Russell Sml/Mid

Common/Collective Trusts

N/A

18,802,812

*

Fidelity Mid CP Growth INDX

Mutual Funds

N/A

15,228,047

American Balanced Fund CL R6

Mutual Funds

N/A

40,750,341

Vanguard Emerging Mkts Instl

Mutual Funds

N/A

10,259,962

*

Fidelity US Bond Index

Mutual Funds

N/A

11,608,783

*

Fidelity Intrntnl Indx Instl

Mutual Funds

N/A

47,829,946

*

Fidelity Small Cap Index

Mutual Funds

N/A

9,848,103

John Hancock Disciplined

Mutual Funds

N/A

3,489,117

DFA US Vector Eqty Prtl Instl

Mutual Funds

N/A

18,046,471

PIMCO Income Fund INSTL

Mutual Funds

N/A

9,914,973

*

Fidelity 500 Index Fund

Mutual Funds

N/A

123,269,066

*

Fidelity Large Cap Grth Indx

Mutual Funds

N/A

72,825,566

Janus Henderson Flexible BD

Mutual Funds

N/A

20,383,725

Columbia Small Cap Vl Fd Instl 3

Mutual Funds

N/A

4,952,830

*

Fidelity Government Cash Reserve

Mutual Funds

N/A

647

*

Participants

Participant Notes Receivable (3.25% - 10.25%) with maturities through October 2055

N/A

44,156,323

$

1,205,498,256

N/A - Cost is not applicable as these are participant directed investments

* - Party-in-interest to the plan