Element Fleet Management : Named Supplier of the Year for Axalta

SPARKS, Md., June 2, 2017 - Element Fleet Management (TSX: EFN), one of the world's leading fleet management companies, was named Supplier of the Year for Axalta, a paint and coating manufacturing company.

During their annual awards ceremony, Axalta recognized Element Fleet Management with a Supplier of the Year award. The award thanks Element for their critical role in delivering superior products and services to Axalta customers worldwide.

'We are thrilled to receive this honor,' said Kristi Webb, president and CEO, Element Fleet Management, North America. 'This award is truly a testament to the dedicated and hard-working Element employees who are committed to providing our customers with exceptional products and services.'

'This program recognizes our partners who provide the highest quality and most competitive raw materials and services to Axalta, enabling us to be a leader in the industry and, equally important, to develop the innovative technologies and customer-focused services for which we are known,' said Martin Horneck, senior vice president and chief procurement officer, Axalta. The winning suppliers were judged by their ability to provide excellent quality, service, technology and pricing to Axalta.

About Element Fleet Management

Element Fleet Management (TSX: EFN) is the world's leading fleet-management company, providing world-class management services and financing for commercial vehicle and equipment fleets. Element's suite of fleet management services span the total fleet lifecycle, from acquisition and financing to program management and remarketing - helping customers optimize performance and improve productivity. For more information, visit http://www.elementfleet.com.

Media Contact:

Alex Shaner/Padilla for Element Fleet Management

612.455.1798/[e-mail]