Hertz Investor Presentation Deck

KEY FORECAST ASSUMPTIONS Lower-for- Longer Scenario 310K Fleet Scenario Financials KPIs Average fleet of -257K and -212K vehicles in December 2020 and December 2021, respectively ▪ RPD of $41.79 in FY 2020, down 4% relative to 2019; RPD increases to $43.22 in 2021 ▪ Total transaction days of -77mm in 2020 and -66mm in 2021; 2020 down -50% relative to 2019 ▪ Average fleet of -310K and -320K vehicles in December 2020 and December 2021, respectively RPD of $41.94 in FY 2020, down -4% relative to 2019; RPD increases to $43.75 in 2021 ■ Total transaction days of -81mm in 2020 and -93mm in 2021; 2020 down -48% relative to 2019 ■ Revenue ($mm) EBITDA ($mm) Average Vehicles Ending Vehicles Utilization Lower-for-Longer Scenario 2021 2020 $3,343 ($1,131) 417K 250K 51% Hertz dollar. Thrifty DONLEN CAR RENTAL CAR RENTAL A Hertz Company $2,923 $21 237K 211K 77% 310K Fleet Scenario 2020 $3,559 ($1,008) 430K 304K Strictly Confidential Subject to CA/NDA 52% 2021 $4,177 $263 327K 317K 79% 34

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