Hertz Investor Presentation Deck

GLOBAL CAR RENTAL COMPANY WITH 100 YEARS OF QUALITY SERVICE . ■ Overview Hertz operates a vehicle rental business globally, primarily through the Hertz, Dollar, and Thrifty brands Hertz is one of the largest worldwide vehicle rental companies with a globally recognized 'Hertz' brand As of the Petition Date, the Company had approximately 12,400 corporate and franchisee locations in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand ▪ Hertz has an extensive network of airport and off airport rental locations in the U.S. and all major European markets ▪ The Company also provides integrated vehicle leasing and fleet management solutions through its Donlen subsidiary U.S. RAC International RAC Donlen / Other Operations ■ · ■ ■ ■ I ($ in Billions) $8.80 Hertz dollar. Thrifty DONLEN CAR RENTAL CAR RENTAL A Hertz Company Summary Historical Performance Revenue $9.50 $9.78 FY17 FY18 FY19 $8.81 LTM Q2'20 Adj. Corporate EBITDA ($ in Millions) $267 Strictly Confidential Subject to CA/NDA Margin % 3.0% Key Business Segments Vehicle rentals and sales of value-added services in the U.S. Maintains a network of company-operated rental locations in the U.S. Franchisees and partners operate rental locations under Hertz's brands throughout the U.S. $433 ($263) FY17 FY18 FY19 LTM Q2'20 NM Vehicle rentals and sales of value-added services internationally Maintains a network of company-operated locations internationally, a majority of which are in Europe Franchisees and partners operate rental locations in approximately 160 countries 4.6% $649 6.6% Donlen business provides integrated vehicle leasing and fleet management solutions in the U.S. and Canada Programs offered include administration of preventive vehicle maintenance, advisory services and fuel and accident management along with other complementary services 7

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