Sonic Automotive Updates Scheduled Release of 2020 First Quarter Financial Results

CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE: SAH) today announced that due to the Company’s annual meeting of stockholders on Wednesday, April 29, 2020 at 4:00 P.M. (Eastern) and anticipated stockholder interest in an update on fiscal 2020 first quarter financial results and the Company’s response to COVID-19 at that meeting, it has revised the scheduled release of fiscal 2020 first quarter financial results to Wednesday, April 29, 2020 at 7:00 A.M. (Eastern). Earnings press release materials and presentation materials for the annual meeting of stockholders will be accessible on the Company’s website at ir.sonicautomotive.com the morning of Wednesday, April 29, 2020. Senior management will hold its quarterly earnings conference call the following day on Thursday, April 30, 2020 at 11:00 A.M. (Eastern) as originally scheduled.

To access the live broadcast of the call over the Internet, please go to ir.sonicautomotive.com. The conference call will also be available live by dialing in 15 minutes prior to the start of the call at:

Domestic: (833) 353-0344

International: (346) 294-9374

Conference ID: 5789957

A conference call replay will be available one hour following the call for seven days and can be accessed by calling:

Domestic: (855) 859-2056

International: (404) 537-3406

Conference ID: 5789957

About Sonic Automotive

Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, N.C., is one of the nation’s largest automotive retailers. Sonic can be reached on the web at www.sonicautomotive.com. More information about EchoPark Automotive can be found at www.echopark.com.

Contacts

Heath R. Byrd, Chief Financial Officer (704) 566-2400

Danny Wieland, Director of Financial Reporting (704) 927-3462

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