CarGurus Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index

CAMBRIDGE, Mass., January 11, 2024 – CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. CarGurus joins the ranks of 545 major U.S. businesses that earned top marks this year.

“CarGurus is honored to be recognized as a recipient of the Equality 100 award for 2023," said Andrea Eldridge, Chief People Officer at CarGurus. "Earning a top score on the 2023 Human Rights Campaign’s Corporate Equality Index is a testament to the outstanding work our teams are doing to cultivate a more diverse, equitable, and inclusive workplace as part of our commitment to building a community where everyone can come as they are and thrive where they are.”

The results of the 2023-2024 CEI showcase how U.S.-based companies are promoting LGBTQ+ friendly workplace policies in the U.S. and abroad. Established in 2002, the first CEI included 319 participants, while the 2023-2024 CEI now reports on 1,384 companies. Further demonstrating the trajectory of the CEI, a record-breaking 1,340 businesses have non-discrimination protections specific to gender identity, up from just 17 in 2002. CarGurus’ efforts in satisfying all of the CEI’s criteria earned the company a score of 100 and an “Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion” designation.

The CEI rates companies on detailed criteria falling under four central pillars:
● Non-discrimination policies across business entities
● Equitable benefits for LGBTQ+ workers and their families
● Supporting an inclusive culture
● Corporate social responsibility

In addition to this recognition, CarGurus has earned several workplace awards in the past year that reflect the company’s commitment to supporting employee equity, inclusion, and belonging, including:
● Built In’s 100 Best Places to Work in the U.S.
● Fortune’s Best Workplaces in Technology
● Boston Globe’s Top Places to Work and DEI Champion designation

The full report is available online at www.hrc.org/cei. See here to learn about CarGurus’ ongoing Diversity, Equity, Inclusion, and Belonging (DEIB) commitment, including our support of LGBTQIA+ employees.

About CarGurus, Inc.
CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire, and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms, and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S.*

CarGurus also operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

*Similarweb: Traffic Insights, Q3 2023, U.S.
This press release contains hyperlinks to third-party information. Such information is not deemed to be incorporated by reference in this press release. CarGurus disclaims responsibility for such third-party information.*

About the Human Rights Campaign Foundation
The Human Rights Campaign Foundation is the educational arm of the Human Rights Campaign (HRC), America's largest civil rights organization working to achieve equality for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people. Through its programs, the HRC Foundation seeks to make transformational change in the everyday lives of LGBTQ+ people, shedding light on inequity and deepening the public’s understanding of LGBTQ+ issues, with a clear focus on advancing transgender and racial justice. Its work has transformed the landscape for more than 15 million workers, 11 million students, 1 million clients in the adoption and foster care system and so much more.

The HRC Foundation provides direct consultation and technical assistance to institutions and communities, driving the advancement of inclusive policies and practices; it builds the capacity of future leaders and allies through fellowship and training programs; and, with the firm belief that we are stronger working together, it forges partnerships with advocates in the U.S. and around the globe to increase our impact and shape the future of our work.

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