OREANDA-NEWS. April 14, 2016. CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, announced today a commitment to providing community support and career opportunities to our nation’s military, veterans and their families.CarMax andThe CarMax Foundation have pledged a total of\$1.4 million over the next three years to organizations supporting the military, including Hiring Our Heroes, KaBOOM! and The Mission Continues.

Today, CarMax joined the Philanthropy-Joining Forces Impact Pledge hosted by the Council on Foundations and Veterans Philanthropy Exchange in Washington, D.C. The Pledge represents an ongoing commitment to bring long-term support to service members, veterans and military families.

“Supporting the communities where our associates live and work has always been a cornerstone of theCarMax culture,” said

Matt Aman, regional vice president, service operations of CarMax, and former soldier in the U.S. Army Judge Advocate General's Corps. “CarMax associates are passionate about supporting our military and as a veteran myself, I am proud to work for a company that supports this cause.”

CarMax proudly employs our nation’s veterans, active duty service members and military spouses in its stores and offices nationwide. Through its partnership with Hiring Our Heroes, CarMax has joined the Veteran’s Employment Advisory Council and the Military Spouse Employment Advisory Council to help connect veterans, transitioning service members, and military spouses to meaningful job opportunities. As part of the relationship, CarMax has committed \$100,000 to support the efforts of Hiring Our Heroes.

“CarMax is actively recruiting men and women with military backgrounds because they share the same core values of integrity, respect, and honesty, and naturally make a great fit,” said

Tracey Shoemaker, recruiting director for CarMax’s military program.

CarMax also is partnering with The Mission Continues, a national nonprofit that empowers veterans who are adjusting to life at home to find purpose through community impact. CarMax is committing \$300,000 over the next two years that will include sponsoring service platoons. These teams of veteran and non-veteran volunteers mobilize together to solve specific challenges in their communities.

The CarMax Foundation also announced a \$1 million partnership with KaBOOM! to be the first corporate sponsor to bring play spaces to our military and veteran families. The CarMax Foundation and KaBOOM!, a national nonprofit organization dedicated to giving kids the childhood they deserve by bringing play to those who need it most, have successfully provided 100,000 kids across the nation with access to play. Over the next three years, CarMax and KaBOOM! will provide grants to fund four playgrounds and 30 play projects in military communities.

CarMax has partnered with a number of military bases across the country and respected military recruiting organizations such as GI Jobs and Recruit Military to connect the military community with CarMax job opportunities. The company is proud to be recognized as one of FORTUNE magazine’s 100 Best Companies to Work For® (12 years in a row), and received Victory Media’s Military Friendly® Employer designation in 2016.