Record Q2 Adjusted

Generating more

Continued momentum

Corporate EBITDA and

Adjusted Corporate

in electrification of the

adjusted operating

EBITDA and cash

fleet and telematics

cash flow

flows with fewer cars

(~75% of Americas

fleet connected)

Q2 2022 KEY BUSINESS METRICS

ADJUSTED

MONTHLY

REVENUE

CORPORATE

ADJUSTED EPS

REVENUE PER

EBITDA

UNIT

$2.3B

$764M

$1.22

$1,606

GAAP Net Income = $940M

GAAP = $1.13

NET CORP.

ADJUSTED

LIQUIDITY

OPERATING CASH

LEVERAGE

FLOW

0.6x

$2.5B

$585M

GAAP = $708M

"Our second quarter results were impressive and position us well for the peak summer season. We produced record Adjusted Corporate EBITDA and adjusted free cash flow, taking advantage of positive market conditions. The hard work of our team and the resulting financial performance provided us with the opportunity to pursue investments in technology and a younger fleet, while returning capital to shareholders."

- Stephen Scherr, Hertz CEO

STRATEGIC OPERATIONAL PROGRESS

Strategic Relationships

EV Charging Stations

Tesla EV Transaction Days

• Tesla

• Polestar

1,300+ Level 2 chargers

Uber drivers 500k+

• Uber

• Lyft

installed across 80 markets

Leisure and Corporate 160k+

• Carvana

• AmexGBT

globally

EV NPS scores +10 pts

• AWS

• Oracle

Refer to the Company's Q2 2022 press release for non-GAAP reconciliations

© 2022 Hertz System, Inc. All rights reserved.

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Hertz Global Holdings Inc. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 21:32:34 UTC.