Majority holder CK Amarillo (58.9% stake) agrees to cap voting power at 45% via proportional voting on excess

HERTZ GLOBAL HOLDINGS, INC

CK Amarillo owns ~58.9% of Hertz common stock; votes shares above 45% threshold in same proportion as other holders.
Agreement effective March 24, 2025; terminates when ownership drops below 45% and stock repurchase programs are exhausted or terminated.
CK Amarillo may request waiver from independent directors for specific votes, granted by majority of independent directors.
Voting agreement entered in connection with Cascia v. Farmer litigation; authorized by Special Litigation Committee of the Board.

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