ALD : EIB GRANTS EUR 250M IN FINANCING TO ALD TO ACCELERATE THE GROWTH OF ITS HYBRID AND ELECTRIC VEHICLE FLEET

Press Release

Paris, 30 September

EIB grants EUR 250m in financing to ALD to accelerate the growth of its hybrid and electric

vehicle fleet

The European Investment Bank (EIB) and ALD have announced a major financial partnership to accelerate the clean vehicle transition.

The EIB has granted a EUR 250m credit envelope (on favourable financial conditions) to ALD to enable Europe's leading long-term leasing company to develop its range of hybrid and electric vehicles across the EU, particularly in France, Germany, Italy, Spain, Belgium and the Netherlands. This financing will make it possible to purchase a total of 15,000 vehicles.

The operation is part of the Cleaner Transport Facility (CTF) programme, a joint initiative launched by the European Commission and the EIB in December 2016. EU targets for tackling climate change - which involve a major reduction in CO2emissions - effectively require a gradual move to electric or hybrid cars for private vehicles by 2050.

"This is another important step in our Investment Plan for Europe. The EUR 250m loan for alternative fuel vehicles will enable us to speed up our transition to low-emission

transport across Europe and actively implement the EU's programme to promote jobs and growth," said European Commissioner for Mobility and Transport Violeta Bulc.

"This agreement gives the EIB (the EU bank) an opportunity to demonstrate once again its commitment to tackling climate change while also supporting companies and SMEs in their own sustainable mobility transition," added EIB Vice-President Ambroise Fayolle.

"We are seeking to be a key player in the mobility sector energy transition in all of the countries where we operate. This financial partnership will help to strengthen our sustainable mobility strategy and, in particular, to encourage the gradual adoption of low-emission vehicles," confirmed ALD Chief Financial Officer Gilles Momper. "Our fleet of green vehicles is growing fast - standing at over 118,000 at the end of June 2019 - and we aim to have a fleet of more than 200,000 alternative vehicles under management by the end of 2020."

About

European Investment Bank

The European Investment Bank (EIB) is the EU's long-term financing institution owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.

ALD

ALD is a global leader in mobility solutions providing full service leasing and fleet management services across 43 countries to a client base of large corporates, SMEs, professionals and private individuals. A leader in its industry, ALD places sustainable mobility at the heart of its strategy, delivering innovative mobility solutions and technology- enabled services to its clients, helping them focus on their everyday business.

With 6 500 employees around the globe, ALD manages 1.7 million vehicles (at end-June 2019).

ALD is listed on Compartment A of Euronext Paris (ISIN: FR0013258662; Ticker: ALD) and is included in the SBF120 index. Société Générale is ALD's majority shareholder.

Cleaner Transport Facility

The Cleaner Transport Facility (CTF) was launched by the EIB and European Commission in 2016 and aims to support the roll-out of new, cleaner transport technologies. It mobilises the tools of the EIB and European Commission such as the European Fund for Strategic Investments (EFSI) and the Connecting Europe Facility (CEF).

Press contacts:

Cyrille Lachevre

EIB Group Communication Department

Tel.: [phone]

Mobile: [phone] [e-mail]

Stephanie Jonville

ALD Communication Department Tel.: [phone] [e-mail]