Sixt SE successfully completes sale of its stake in Sixt Leasing SE - proceeds including the dividend amount to EUR 18.90 per share

• Transaction completed by transferring the 41.9% Sixt Leasing share package to Hyundai Capital Bank Europe GmbH
• Sales price of EUR 18.90 per Sixt Leasing share including the dividend of EUR 0.90 per share amounted to a total of EUR 163.4 million.
• Alexander Sixt, member of the Management Board of Sixt SE: "This transaction was very attractive from a financial perspective, significantly shortens our balance sheet and allows SIXT to focus even more strongly on the growth- and innovation-driven further development of our new mobility services, the digitalization of our company and most of all our international expansion in the United States and Western Europe."

Pullach, July 15, 2020 - Sixt SE has completely disposed of its stake in Sixt Leasing SE. With today's closing, the international mobility services provider has successfully completed the sale of its shares to Hyundai Capital Bank Europe GmbH, a joint venture of Santander Consumer Bank Aktiengesellschaft and Hyundai Capital Services Inc., after being granted merger and other regulatory clearances. Prior to the sale, the listed company Sixt Leasing SE was a fully consolidated subsidiary of Sixt SE.

The selling price plus dividend amounts to a total of around EUR 163.4 million or EUR 18.90 per share sold. Sixt SE, like all other shareholders of Sixt Leasing SE entitled to dividends, received the dividend of EUR 0.90 for fiscal year 2019 in addition to the proceeds of EUR 18 per Sixt Leasing SE share. The voluntary public takeover bid by Hyundai Capital Bank Europe GmbH - including the stake held by Sixt SE - had achieved an acceptance rate of around 92% of all Sixt Leasing SE shares.

Now, after the sale, Sixt SE can focus even more strongly on its activities in the "Mobility" business unit, which includes car rental as well as the new digital mobility services based on the ONE mobility platform. Here, SIXT, as the innovation leader in the industry, has been growing significantly faster than its competitors for years. For example, despite the corona crisis, SIXT expanded its car sharing service SIXT share to other European countries for the first time at the beginning of June and simultaneously rolled out a purely electric fleet in three cities in the Netherlands. In addition, the SIXT+ car subscription product for flexible long-term rentals was launched in mid-June. Furthermore, only a few days ago, SIXT acquired concessions for ten strategically important airport locations in the United States.

Alexander Sixt, member of the Management Board of Sixt SE: "At a sales price of EUR 18.90 including the dividend, we have achieved a very good result for the shareholders of Sixt SE with a price-earnings ratio of 18.2. This transaction was very attractive from a financial perspective, significantly shortens our balance sheet and allows SIXT to focus even more strongly on the growth- and innovation-driven further development of our new mobility services, the digitalization of our company and most of all our international expansion in the United States and Western Europe. The deconsolidation of the leasing business will also enable us to significantly shorten the balance sheet and further expand our leading position within our peer group with regard to our equity ratio."

About SIXT:

SIXT SE with its registered office in Pullach near Munich, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT share, SIXT ride and SIXT+ the company offers a uniquely integrated mobility service across the fields of vehicle rental, car sharing, chauffeur services and car subscriptions. The products can be booked through one single app, which also integrates the services of its renowned mobility partners. SIXT has a presence in around 110 countries around the globe. The company is characterized by consistent customer orientation, a lived culture of innovation with strong technological expertise, the high share of premium vehicles in its fleet and an attractive price-performance ratio. The Sixt Group generated revenue of EUR 3.31 billion in 2019 and ranks as one of the most profitable mobility companies worldwide. SIXT SE is the parent company of the Group and has been listed on the Frankfurt stock exchange since 1986 (ISIN ordinary share: DE0007231326, ISIN preference share: DE0007231334).

https://about.sixt.com

Contact:

Stefanie Seidlitz
SIXT Central Press Office
Phone: +49 (0) 89 / 7 44 44 - 6700
email: [email protected]