LKQ Corporation Announces Inaugural 'LKQ Cares Holiday Vote' Charitable Program

Rhea-AI Summary

LKQ Corporation has launched its inaugural ‘LKQ Cares Holiday Vote’ program, beginning on Giving Tuesday, November 30, 2021, and running through December 12, 2021. The company is donating $500,000 to ten philanthropic organizations, with the allocation determined by votes from stakeholders including employees and investors. Each organization will receive an initial $10,000, with the remaining $400,000 distributed based on the vote results. The donations will be finalized by January 2022, reflecting LKQ's commitment to impactful charitable engagement.

Positive

• Commitment to donate $500,000 to charitable organizations.
• Engagement of stakeholders in the donation allocation process.
• Initial $10,000 donation to each of the ten selected organizations.

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• None.

CHICAGO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation today announced its inaugural ‘LKQ Cares Holiday Vote’ charitable program commencing on Giving Tuesday, November 30, 2021, running through December 12, 2021. LKQ has committed to donating $500,000 to the following philanthropic organizations, with a portion of donations to be determined by votes submitted by LKQ stakeholders:

• American Cancer Society
• Collision Repair Education Foundation
• Ellen MacArthur Foundation
• Feeding America
• International Committee of the Red Cross
• The LEAF Coalition
• UNICEF
• United Way Worldwide
• USO
• World Health Organization (WHO) Foundation

“I am thrilled to announce our first ever ‘LKQ Cares Holiday Vote’ – a unique program that engages all of our stakeholders and gives them a voice in determining how LKQ donations are allocated in support of important global charitable organizations,” said Dominick Zarcone, President and Chief Executive Officer. “At LKQ, we are always looking for impactful ways to raise the bar in helping those in need within our communities and on a global scale, and this program is a great example.”

As part of this program, each of the organizations will receive an initial $10,000 donation, with the allocation of the remaining $400,000 in funds to be determined based on votes from LKQ employees, customers, investors and other stakeholders. The Company expects all donations to be paid by January 2022.

To participate in the LKQ Cares Holiday Vote program and submit votes, please visit: https://www.surveymonkey.com/r/VRPGQW3.

About LKQ Corporation

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Contact:

Sandra Pierantoni, Director, ESG Strategy & Initiatives
sjpierantoni@lkqcorp.com