HERTZ GLOBAL HOLDINGS, INC — fact timeline

HERTZ GLOBAL HOLDINGS, INC incurred debt of $500,000,000 aggregate principal amount of Series 2026-2 Fixed Rate Rental Car Asset Backed Notes with unaffiliated third parties at Class A: 5.40%, Class B: 6.08%, Class C: 6.76%, Class D: 8.60%, Class E: 10.67% maturing Expected final payment date November 2031, legal final payment date November 2032.

“the Series 2026-2 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000”

HERTZ GLOBAL HOLDINGS, INC incurred debt of $500,000,000 aggregate principal amount of Series 2026-1 Fixed Rate Rental Car Asset Backed Notes with unaffiliated third parties at Class A: 5.09%, Class B: 5.67%, Class C: 6.45%, Class D: 7.91%, Class E: 9.64% maturing Expected final payment date November 2029, legal final payment date November 2030.

“the Series 2026-1 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000”

HERTZ GLOBAL HOLDINGS, INC entered into Series 2026-2 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $500,000,000 (effective 2026-05-28).

“(2) the Series 2026-2 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000, pursuant to the Series 2026-2 Supplement (the “ Series 2026-2 Supplement ”), dated as of May 28, 2026, among HVF III, as issuer, THC, as administrator, and BNYM, as trustee, to the Base Indenture”

HERTZ GLOBAL HOLDINGS, INC entered into Series 2026-1 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $500,000,000 (effective 2026-05-28).

“issued two series of notes to unaffiliated third parties: (1) the Series 2026-1 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000, pursuant to the Series 2026-1 Supplement (the “ Series 2026-1 Supplement ”), dated as of May 28, 2026, among HVF III, as issuer, THC, as administrator, and The Bank of New York Mellon Trust Company, N.A. (“ BNYM ”), as trustee, to the Base Indenture”

HERTZ GLOBAL HOLDINGS, INC shareholders approved Approval, on an Advisory Basis, of the Company’s Named Executive Officers’ Compensation at the 2026-05-28 meeting.

“The Company’s stockholders approved, on a non-binding, advisory basis, a resolution approving the Company’s named executive officers’ compensation.”

HERTZ GLOBAL HOLDINGS, INC shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Company’s Independent Auditor for Fiscal Year Ending December 31, 2026 at the 2026-05-28 meeting.

“The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent auditor for the fiscal year ending December 31, 2026.”

HERTZ GLOBAL HOLDINGS, INC shareholders approved Election of the Company's Two Director Nominees at the 2026-05-28 meeting.

“The Company’s stockholders elected the two director nominees noted below to the Board of Directors, each to hold office until the Company’s 2029 Annual Meeting of Stockholders.”

HERTZ GLOBAL HOLDINGS, INC reported first quarter 2026 results: revenue $2.0 billion, net income $333 million, EPS $(1.06).

“Revenue totaled $2.0 billion in the first quarter, up 11% year over year, Hertz's strongest year-over-year revenue growth in three years, driven by continued progress in its commercial strategies.”

HERTZ GLOBAL HOLDINGS, INC entered into Class E Notes with affiliates of CK Amarillo LP and unaffiliated third parties valued at $221,421,000 (effective 2026-04-24).

“The Series Supplements were amended primarily to issue a new Class of Fixed Rate Rental Car Asset Backed Notes, Class E, under each applicable Series Supplement, in an aggregate principal amount equal to $221,421,000.”

HERTZ GLOBAL HOLDINGS, INC incurred senior notes of $425,000,000 aggregate principal amount with Computershare Trust Company, N.A., as trustee at 5.500% per year maturing October 1, 2030.

“On September 29, 2025, The Hertz Corporation (“Hertz Corp.”), the primary operating company and wholly-owned indirect subsidiary of Hertz Global Holdings, Inc. (the “Company” or “Hertz Holdings”), completed an offering of $425,000,000 aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030 (the “Notes”)”

HERTZ GLOBAL HOLDINGS, INC incurred debt of €100,000,000 with affiliates of The Hertz Corporation and unaffiliated third parties at 10.54% maturing April 2027.

“On July 17, 2025, affiliates of The Hertz Corporation (“ THC ”) entered into amendments to the agreements governing the securitization platform for financing activities relating to such affiliates' vehicle fleets in Belgium, France, Germany, Italy, the Netherlands, and Spain (the “ European ABS ”) for the issuance of new Class C Notes under the European ABS facility to unaffiliated third parties in an aggregate principal amount equal to €100,000,000 (the “ Amendments ”).”

HERTZ GLOBAL HOLDINGS, INC incurred debt of $300,000,000 with unaffiliated third parties at 9.28% maturing Series 2021-A Commitment Termination Date is June 27, 2027; Legal Final Payment Date is June 27, 2028.

“Amendment No. 4 to Second A&R Series 2021-A Supplement was entered into primarily to issue new Class B Notes thereunder to unaffiliated third parties in an aggregate principal amount equal to $300,000,000. The Series 2021-A Class B Notes have a fixed interest rate of 9.28%; the Series 2021-A Commitment Termination Date for such notes is June 27, 2027; the Legal Final Payment Date is June 27, 2028”

Scott M. Haralson changed role as Executive Vice President and Chief Financial Officer (will become principal accounting officer) at HERTZ GLOBAL HOLDINGS, INC.

“Scott M. Haralson, Executive Vice President and Chief Financial Officer, will become the Company’s principal accounting officer upon Ms. Galloway’s departure from the Company.”

Kelly Galloway resigned as Senior Vice President and Chief Accounting Officer at HERTZ GLOBAL HOLDINGS, INC.

“On March 12, 2025, Kelly Galloway, Senior Vice President and Chief Accounting Officer of Hertz Global Holdings, Inc. (the “Company”) and The Hertz Corporation (“Hertz”), informed the Company of her intent to resign from her role with the Company and Hertz to accept a role outside the Company.”

Lucy Clark Dougherty was elected as director at HERTZ GLOBAL HOLDINGS, INC.

“On August 26, 2024, the Board of Directors of Hertz Global Holdings, Inc. (the “Company”) increased the size of the Board of Directors from 9 to 11 and elected Mr. Francis Blake and Ms. Lucy Clark Dougherty to serve as directors of the Company, effective August 27, 2024, to fill such vacancies.”

Francis Blake was elected as director at HERTZ GLOBAL HOLDINGS, INC.

“On August 26, 2024, the Board of Directors of Hertz Global Holdings, Inc. (the “Company”) increased the size of the Board of Directors from 9 to 11 and elected Mr. Francis Blake and Ms. Lucy Clark Dougherty to serve as directors of the Company, effective August 27, 2024, to fill such vacancies.”

Scott M. Haralson was appointed as Executive Vice President, Chief Financial Officer at HERTZ GLOBAL HOLDINGS, INC.

“On May 29, 2024, The Hertz Corporation (the “Company”) entered into an offer letter (the “Offer Letter”) with Scott M. Haralson pursuant to which Mr. Haralson has agreed to serve as Executive Vice President, Chief Financial Officer of the Company and Hertz Global Holdings, Inc.”

HERTZ GLOBAL HOLDINGS, INC reported first quarter 2024 results: revenue $2.1 billion, net income GAAP net loss of $186 million, EPS $0.61 loss per diluted share.

“April 25, 2024 - Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz", "Hertz Global" or the "Company") today reported results for its first quarter 2024. OVERVIEW • Revenue of $2.1 billion • GAAP net loss of $186 million, a negative 9% margin, or $0.61 loss per diluted share • Adjusted net loss of $392 million, or $1.28 loss per diluted share • Adjusted Corporate”

HERTZ GLOBAL HOLDINGS, INC amended debt of €1.20 billion to €1.468 billion.

“increase the aggregate maximum borrowings thereunder from €1.20 billion to €1.468 billion until November 31, 2024, and (ii) increase the core facility to €1.289 billon from December 1, 2024 through the maturity of the European ABS facility”

HERTZ GLOBAL HOLDINGS, INC amended debt with Deutsche Bank AG, New York Branch maturing April 10, 2026.

“extend, in the ordinary course, the commitment termination date for the Series 2021-A Variable Funding Rental Car Asset Backed Notes, Class A, issued thereunder by one year to April 10, 2026”

HERTZ GLOBAL HOLDINGS, INC amended credit facility with Barclays Bank PLC.

“arty thereto and Barclays Bank PLC, as administrative agent (the “Administrative Agent”) and the Revolving Lenders party”

HERTZ GLOBAL HOLDINGS, INC amended Amendments with affiliates of THC valued at €1.20 billion (effective 2024-04-16).

“On April 16, 2024, affiliates of THC entered into amendments to the securitization platform for financing activities relating to such affiliates' vehicle fleets in France, the Netherlands, Germany, Spain, and Italy (the “European ABS”) to (i) in the ordinary course, increase the aggregate maximum borrowings thereunder from €1.20 billion to €1.468 billion until November 31, 2024, and (ii) increase the core facility to €1.289 billon from December 1, 2024 through the maturity of the European ABS facility (the “Amendments”).”

HERTZ GLOBAL HOLDINGS, INC amended Amendment No. 1 to Second Amended and Restated Series 2021-A Supplement with Deutsche Bank AG, New York Branch, The Bank of New York Mellon Trust Company, N.A. (effective 2024-04-16).

“On April 16, 2024, Hertz Vehicle Financing III LLC (“HVF III”), a wholly-owned, special-purpose and bankruptcy remote subsidiary of THC, and THC entered into Amendment No. 1 to Second Amended and Restated Series 2021-A Supplement (“Amendment No. 1 to Second A&R Series 2021-A Supplement”) by and among HVF III, as issuer, THC, as administrator, Deutsche Bank AG, New York Branch, as program agent and The Bank of New York Mellon Trust Company, N.A., as trustee.”

HERTZ GLOBAL HOLDINGS, INC amended Amendment No. 8 to Credit Agreement with Barclays Bank PLC (effective 2024-04-16).

“On April 16, 2024, The Hertz Corporation (“THC”) entered into Amendment No. 8 to Credit Agreement (“Amendment No. 8”), by and among THC, the Subsidiary Borrowers (as defined below) party thereto, Rental Car Intermediate Holdings, LLC, the other guarantors party thereto and Barclays Bank PLC, as administrative agent (the “Administrative Agent”) and the Revolving Lenders party thereto, which amends that certain Credit Agreement, dated as of June 30, 2021, by and among THC, the subsidiary borrowers party thereto from time to time (the “Subsidiary Borrowers”), the several lenders and issuing lenders from time to time party thereto, the Administrative Agent, and Barclays Bank PLC, as collateral agent”

Colleen Batcheler resigned as Executive Vice President, General Counsel and Secretary at HERTZ GLOBAL HOLDINGS, INC.

“Colleen Batcheler, Executive Vice President, General Counsel and Secretary of Hertz Global Holdings, Inc. (the “Company”) informed the Company on March 28, 2024, of her intent to resign from her role with the Company, effective April 10, 2024, to accept a role outside the Company.”

Fran Bermanzohn resigned as director at HERTZ GLOBAL HOLDINGS, INC.

“On March 19, 2024, director Fran Bermanzohn, who joined the Board of Directors (the “Board”) of Hertz Global Holdings, Inc. (the “Company”) approximately 14 months ago, advised the Company of her resignation from the Board effective as of such date.”

Gil West was appointed as Member of the Board at HERTZ GLOBAL HOLDINGS, INC.

“On March 15, 2024, the Board of the Company appointed Mr. West as a member of the Board of the Company and Hertz, effective as of April 1, 2024, to fill the vacancy created upon Mr. Scherr’s resignation.”

Gil West was appointed as Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.

“On March 15, 2024, the Board of the Company appointed Wayne “Gil” West as Chief Executive Officer of the Company and Hertz, effective as of April 1, 2024.”

Stephen M. Scherr resigned as Member of the Board at HERTZ GLOBAL HOLDINGS, INC.

“On March 12, 2024, Stephen M. Scherr, Chair of the Board of Directors (the “Board”) and Chief Executive Officer of Hertz Global Holdings, Inc. (the “Company”) and The Hertz Corporation (“Hertz”) notified the Company of his decision to resign as Chief Executive Officer and as a member of the Board of the Company and Hertz, effective as of March 31, 2024.”

Stephen M. Scherr resigned as Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.

“On March 12, 2024, Stephen M. Scherr, Chair of the Board of Directors (the “Board”) and Chief Executive Officer of Hertz Global Holdings, Inc. (the “Company”) and The Hertz Corporation (“Hertz”) notified the Company of his decision to resign as Chief Executive Officer and as a member of the Board of the Company and Hertz, effective as of March 31, 2024.”

Kelly Galloway changed role as Senior Vice President, Chief Accounting Officer and Controller at HERTZ GLOBAL HOLDINGS, INC.

“Effective as of February 27, 2024, Ms. Galloway has resumed her role as the Company's principal accounting officer as its Senior Vice President, Chief Accounting Officer and Controller.”