Avis Budget Group

Avis Budget Group is a leading global provider of mobility solutions, operating three of the most recognized brands in the industry through Avis, Budget and Zipcar. The Company is a leading vehicle rental operator in North America, Europe, Australia, New Zealand and certain other regions it serves. Avis Budget Group and its licensees operate the Avis and Budget brands in approximately 180 countries throughout the world. Avis Budget Group’s brands are differentiated to help the Company meet a wide range of customer needs throughout the world. Avis is a leading rental car supplier positioned to serve the premium commercial and leisure segments of the travel industry, and Budget is a leading rental vehicle supplier focused primarily on more value-conscious segments of the industry. Avis Budget Group licenses the use of the Avis and Budget trademarks to licensees in areas in which the Company does not operate directly. These brands have an extended global reach with more than 11,000 car and truck rental locations throughout the world. The Zipcar brand is the world’s leading car sharing company, with nearly one million members in the United States, Canada and Europe. Avis Budget Group operates Budget Truck, one of the leading truck rental businesses in the United States. Avis Budget Group also owns Payless, a car rental brand that operates in the deep-value segment of the industry, Apex a leading deep-value car rental brand in New Zealand and Australia, and Maggiore, Italy’s fourth-largest vehicle rental business. Avis Budget Group is dedicated to being a best-in-class Customer Led, Service DrivenTM organization, one that drives increased loyalty and profitable growth. The Company has two operating regions: the Americas and International.