Avis Budget Group enters ATM equity distribution agreement to sell up to 5M shares

AVIS BUDGET GROUP, INC.

Agreement with 10 sales agents allows sale of up to 5,000,000 shares of common stock.
Sales may occur at market prices; commission capped at 2.00% of gross sales price per share.
Net proceeds to be used for general corporate purposes; no obligation to sell any shares.
Prospectus supplement dated March 27, 2026 filed with SEC under existing shelf registration.

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