Slide 1: Corporate Presentation
Corporate Presentation March 2025 1
Slide 2: Autohellas: A Greece Centered Regional Leader in Rent-a-Car, Leasing, Automotive Trade
Autohellas | A Greece Centered Regional Leader in Rent-a-Car, Operating Leasing, Automotive Trade well placed for Integrated Mobility Services Hertz Partner for over 55 Years Over 1,900 Employees at Peak Greece plus 8 countries Q4 2022 over 180 Locations in Rental & Auto activities Over 62,000 Vehic
Slide 3: Dynamic growth & Resilience in crisis: Profitable every year since listed
Autohellas Group | Dynamic growth & Resilience in crisis: Profitable every year since listed (1999) Group Revenue (€m) New Car Registrations GDP International Arrivals 196 212 175 175 175 150 142 125 108 100 92 87 81 83 85 76 75 76 77 79 79 71 50 51 52 37 41 36 40 27 28 31 29 21 (Base 2007:100) >100
Slide 4: 4th Record Year in Net Profits
Autohellas Group | 4th Record Year in Net Profits • Car Rental activity in Greece increased 8%, with growth momentum from both long & short-term leases. Long-term Rentals out-performed the market improving our share. Short-term rentals improved performance was affected by another record year in Tour
Slide 5: Greece RaC: Fragmented & Competitive Market, Autohellas-Hertz clear leader
Greece RaC | Fragmented & Competitive Market, with Autohellas-Hertz clear leader ! Market Size 2024, (Company Estimates) Fragmentation in 2,500 companies International brands (5) all franchised ~38,000 cars in RAC €600m RaC Market 120k vehicles LCC & large local players (6) ~15,000 cars in RAC 45 Av
Slide 6: Greece RaC: Another Record Year in Arrivals +8% vs 2023
Greece RaC | Another Record Year in Arrivals +8% vs 2023 Arrivals Rental Days 162 156 • In period 2020-2022, Rental Days grow more than149 Arrivals = Market Share Gained + Increase of multi 21.5 21.5 24.1 26.0 month business • 2023/24 Prices affected by increased Market fleet 2019 2022 2023 2024 ava
Slide 7: Leasing Greece: Market Share partially recovered after years of stagnation
Leasing Greece | Market Share partially recovered after 3 years of stagnation Total Fleet Size, in vehicles Consolidation with 5 companies controlling the market Active Leases Pending Orders Total Fleet Est. Aggregated MS 130,000 Top-3 Players cars 75-80% 1.000 400 3.000 4.500 1.800 Total Fleet Est.
Slide 8: Fleet Reselling Greece: All Risk Fleet / 3-5 Year cycle / Reconditioning Capacity
Fleet Reselling Greece | All Risk Fleet / 3-5 Year cycle / Reconditioning Capacity Depreciation Practices Fortify Balance Sheet, Extend Upturn & Protect in Downturn Buyers of Used Fleet breakdown Used Fleet Sales, Units Accounting Depreciation (2019: Base100) Used Fleet Sales, Units on Total Fleet Y
Slide 9: Greece: Network - Logistics Capacity, a Crucial PLUS
Autohellas Greece | Network - Logistics Capacity… a Crucial PLUS Network Quality & Land Control Logistics Capacity for Growth Enhanced quality /cost control Improved Market Access & Control… Reducing Airport Reliance …Future Mobility Services Building block 9
Slide 10: Auto-Trade Greece: Developing Leadership Position, FCA adds 6%
Auto-Trade Greece | Developing Leadership Position, FCA adds 6% to total.. Strong brands in Fleet Hyundai & KIA highest brand growth.. “Best Turnaround Business” New Car registrations -75% in GR Recession, 50% recovered in 2023/24 award in 2019 New Registrations in Greece, in ‘000 units Hyundai KIA
Slide 11: International: Revenue growth supported by traffic, operating profit affected by fleet availability
International | Revenue growth supported by increase in traffic, Operating profit affected negatively by fleet availability & price pressures 2019 Fleet peak, in ‘000 Units 17,5 18,6 12,5 10,7 10,4 10,6 2019 2020 2021 2022 2023 2024 Revenue, in m € 174,2 184,3 92,8 65,5 51,9 65,5 2019 2020 2021 2022
Slide 12: Consistency + People Development + Growing Synergies = Competitive Advantage
Autohellas Group |Consistency + People Development + Growing Synergies = Competitive Advantage Logistics capacity (RAC & Used) Client reach / relevance / cross selling Owned Facilities in most major Airports Overhead cost sharing Quality control RaC & Leasing- Fleet Bodyshop cost Management Duality
Slide 13: Balance Sheet: The lowest leverage ratios among LTR/RaC industry listed
Autohellas Group | Balance Sheet: The lowest leverage ratios among LTR/RaC industry listed In m € 2019 2021 2022 2023 2024 VEHICLES 441 458 591 677 766 LAND & BUILDINGS 118 123 135 128 133 Leverage in 2024 at 2019 levels after: RIGHT OF USE ASSET (IFRS16) 17 10 12 10 28 GOODWILL 26 26 43 43 43 LISTE
Slide 14: Key Stock Market data: No year without Dividend or Capital Return
Autohellas Group | Key Stock Market data: No year without Dividend or Capital Return Payout, in m € Dividend & Other Payout per Share Dividend & Other Payout Yield • Consistent in payout despite very demanding 15.7% 1,51 € Fleet CAPEX 6.2% 5.8% 4.5% 4.8% 4.8% 5.1% • Dividend of 34M (0,70€/Share) dis
Slide 15: Highest Return with low leverage ratios among LTR/RaC industry listed
Autohellas Group | Highest Return with low leverage ratios among LTR/RaC industry listed FY24 Area Company CURRENCY MARKET CAP in Mio Net Debt / Equity Net Debt / EBITDA ROE P/BV EU Autohellas SA EUR 629 1,41 2,47 18% 1,28 EU SIXT SE EUR 3.540 1,39 2,03 11% 1,66 US AVIS Budget Group Inc USD 2.140 -1