AVIS BUDGET GROUP, INC.

Avis Budget Group, Inc. is a global provider of mobility solutions through its brands Avis, Budget, Zipcar, and other market-recognized brands. The company offers car and truck rental services, as well as car sharing options. Avis Budget Group licenses its trademarks to licensees in regions where it does not operate directly. The company and its licensees operate their brands in approximately 180 countries worldwide. Avis Budget Group generally holds a leading share of airport car rental revenues in North America, Europe, and Australasia, and operates a leading car sharing network and one of the leading commercial truck rental businesses in the United States. The company's diversified brands experience complementary demand patterns, balancing mid-week commercial demand with weekend leisure demand. In 2025, the global rental fleet averaged approximately 684,000 vehicles. During 2025, Avis Budget Group completed approximately 38 million vehicle rental transactions globally and generated total revenues of approximately $11.7 billion. The company's brands and mobility solutions have a global reach with approximately 10,000 rental locations worldwide, including approximately 3,800 locations operated by licensees. Avis Budget Group categorizes its operations into two reportable business segments: Americas, which primarily includes vehicle rental operations in North America, South America, Central America, and the Caribbean, car sharing operations in certain of these markets, and licensees in areas where the company does not operate directly.