Hertz Investor Presentation Deck

TRACK RECORD OF CONSISTENT REVENUE & EBITDA GROWTH AND PROFITABILITY 1% 4% 70% Revenue (Year over Year % Change) Pre-COVID-19| 6% 8% 7% 7% Pre-COVID-19 3Q17 4017 1Q18 2018 3018 4Q18 1Q19 2019 3019 4019 1020 2020 (9%) 46% 6% 163% 10% 9% (34%) (73%) (68%) (61%) Jan '20 Feb 20 Mar '20 April '20 May 20 June 20 Adjusted Corporate EBITDA¹ (Year over Year % Change) 2% 132% 5% 3% 4% 94% Pre-COVID-19 124% (67%) 12% 11% NM NM 4017 1Q18 2018 3Q18 4Q18 1019 2019 3019 4019 1020 2020 Hertz dollar. T DONLEN CAR RENTAL CAR RENTAL A Hertz Company ■ ▪ Before the onset of the COVID-19 crisis in March 2020, the Company was on track to deliver another consecutive quarter of revenue growth 1 The Company ended FY2019 strong by extending its YoY quarterly revenue growth to 10 consecutive quarters U.S. RAC delivered strong volume & pricing Accelerated growth in TNC U.S. retail car sales channel unit growth Investments paying dividends JD Power #1 ranked customer service Revenue management capabilities Brand-building marketing Preferred fleet - - - . - . Overview . Strictly Confidential Subject to CA/ NDA ● ▪ Prior to COVID-19, the Company had also produced Adjusted Corporate EBITDA growth for 9 consecutive quarters Through February YTD 2020, Adjusted Corporate EBITDA was up 2% YoY Ended FY2019 with YoY improvement in DOE and SG&A as a percentage of revenue 1. Definitions and reconciliations of non-GAAP measures are provided in the Appendix to this presentation 28

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