The future of mobility is digital

Sixt Leasing introduces digital ordering process on sixt-neuwagen.de

Pullach, 19 April 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has launched a completely digital ordering process on sixt-neuwagen.de. This allows private customers to order their dream car easily and conveniently online and from home. Further information on the ordering process is available at https://www.sixt-neuwagen.de/fragen-antworten/bestellprozess.

Michael Ruhl, CEO of Sixt Leasing SE: 'Our digital ordering process on sixt-neuwagen.de is fast, convenient and secure. Identification is done with the help of our partner IDnow. This means that our customers no longer have to go to the nearest post office to do this. And our online procedure also eliminates the need to print out application documents. Thereby, we are taking the customer experience to the next level and reaching another milestone in the digitalisation of the business model.'

The digital ordering process has already proven itself in a similar form as part of last year's special promotion with PAYBACK, in which the Kia Stonic 'VISION' was marketed. Now private customers can use the process on sixt-neuwagen.de on a permanent basis.

On sixt-neuwagen.de, customers have the option of configuring their new car individually or ordering an already available stock car. They can choose vehicles from around 35 brands and benefit from particularly favourable prices and optional service products.

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.

Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015.

www.sixt-leasing.com

Press contact:

Kirchhoff Consult
sixtleasing@kirchhoff.de

Sixt Leasing SE: Business development in 2020 in line with expectations - Forecast for 2021 published

• Further milestones achieved in the digitalisation of products, services and internal processes
• Group contract portfolio and consolidated operating revenue impacted in particular by COVID-19 pandemic
• Consolidated earnings before taxes (EBT) burdened in particular by increased risk provisioning and transaction-related costs
• Outlook: Slight increase in Group contract portfolio, consolidated operating revenue in the range of previous year's figure and EBT in a higher single-digit million euro amount to be expected in 2021

Pullach, 24 March 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, developed overall in line with expectations in the 2020 financial year. Business performance was particularly affected by the impact of the COVID-19 pandemic on the overall economic situation. According to preliminary calculations, the Group's contract portfolio and consolidated operating revenue declined compared to the previous year. Consolidated earnings before taxes (EBT) were very significantly below the previous year's level.

Business development
In the 2020 financial year, the expansion of the digital product and service portfolio in particular was further advanced. In the Online Retail business field, Sixt Leasing launched a sales cooperation with PAYBACK via its online platform sixt-neuwagen.de to market a Kia Stonic "VISION" to private customers. In addition, autohaus24.de was honored with the consumer award "Germany's Best Online Portals 2020" in the category "New Car Portals" from the news channel n-tv and the German Institute for Service Quality, and received the rating "High Recommendation" in the category "Car Leasing: Online Providers" in the FOCUS-MONEY study "Recommended by Customers".

In the Fleet Management business unit, the smartphone app "The Companion" for fleet customers was further developed and, among other things, upgraded with the digital payment function "Shell Payment@Pump". In the Fleet Leasing business field, Sixt Leasing digitised vehicle handover and return at its locations. In addition, the company was again voted best leasing provider by the readers of AUTO BILD after 2018 and received the "Company Car Award".

The contract portfolio in the Online Retail business field fell by 12.8 per cent to 38,600 contracts in the period from the end of December 2019 to the end of December 2020, particularly burdened by a reduced number of new orders due to the economic impact of the COVID-19 pandemic as well as further vehicle returns from the 1&1 campaign conducted in the 2017 financial year. The contract portfolio in the Fleet Leasing business field declined by 6.6 per cent to 37,800 contracts, which was also due in particular to the pandemic. In the Fleet Management business unit, the contract portfolio increased by 3.9 per cent to 53,500 contracts. Overall, the Group's contract portfolio (excluding franchise and cooperation partners) thus decreased by 4.6 per cent to 129,900 contracts.

Consolidated revenue fell by 9.3 per cent year-on-year to EUR 747.7 million in the 2020 financial year. Consolidated operating revenue, which does not include the proceeds from vehicle sales, decreased by 9.6 per cent to EUR 423.3 million. This is mainly due to the significantly reduced vehicle utilisation as a result of the COVID-19-related contact restrictions and the associated decline in utilisation-related revenues. Sales revenues for lease returns and marketed customer vehicles in Fleet Management decreased by 8.9 per cent to EUR 324.4 million. This decline resulted on the one hand from the very strong first quarter of the previous year with a very high number of lease returns sold in the Online Retail business field and on the other hand from the restrictions on stationary motor vehicle sales, particularly during the first half of 2020, due to the COVID-19 pandemic.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 9.1 per cent to EUR 211.4 million in 2020. Consolidated earnings before taxes (EBT) fell by 68.9 per cent to EUR 9.1 million due to various special effects. As a result, the operating return on revenue (EBT/operating revenue) was 2.2 per cent (2019: 6.3 per cent). Consolidated profit decreased by 89.9 per cent to EUR 2.2 million compared to the same period in the previous year.

The lower EBT is in line with the adjusted expectations of 20 July 2020 and is due, among other things, to the volume effect in the marketing area described above, temporary sales support measures as well as increased marketing expenses at the beginning of the year. Furthermore, EBT was burdened by transaction-related costs in connection with the takeover of Sixt Leasing SE by Hyundai Capital Bank Europe GmbH (HCBE) as well as additional risk provisioning requirements for residual values amounting to a mid single-digit million euro figure. EBT adjusted for one-off and extraordinary effects from the takeover as well as risk provisioning amounted to EUR 20.8 million in the 2020 financial year.

Michael Ruhl, CEO of Sixt Leasing SE: "The digitalisation of our products, services and internal processes continues to progress. With the launch of our fleet customer app, the rebranding and realignment of our subsidiary autohaus24 and the introduction of a completely digital ordering process for private customers on sixt-neuwagen.de, we reached three further milestones in the implementation of our strategy in the first quarter of 2021. In addition, we have launched a long-term cooperation with Lidl and Vehiculum to market attractive new cars on the Internet."

Besides the further digitalisation of new car sales in the Online Retail business field, Sixt Leasing is also planning to introduce a mobility budget in the Fleet Management business unit in the 2021 financial year. This is intended to give fleet customers' employees the option - as an alternative or supplement to the company car - of using means of transport such as bus, rail, bicycle, car sharing or taxi. Another focus will be on diversifying the customer portfolio in the Fleet Leasing business field with smaller fleets and especially on service quality. In addition, the business model is to be expanded to include used car leasing.

Outlook
For the current financial year 2021, the Managing Board expects a slight increase in the Group contract portfolio compared to the previous year (2020: 129,900 contracts) and consolidated operating revenue in the range of previous year's figure (2020: EUR 423.3 million). With regard to EBT, the Managing Board expects a higher single-digit million euro amount (2020: EUR 9.1 million).

The reason for the cautious forecast for the full year 2021 is, in addition to the operating business development in the 2021 financial year to date, primarily the ongoing COVID-19 situation. In this respect, the company assumes that the market and business environment will continue to be strongly negatively impacted by the COVID-19 pandemic and expects a recovery in business development in the second half of 2021 at the earliest.

This assessment assumes that the current measures to combat the Corona pandemic will take effect in the further course of the year. These include in particular the vaccination campaign launched at the end of 2020, which of course depends significantly on the availability of suitable vaccines, and the increasing availability of rapid tests. In addition, the assessment assumes that the exit strategies from crisis mode currently being worked out by the governments at federal and state level will be successful and that the economy will pick up again from the second half of the year. Furthermore, the company assumes that the extensive financial support measures currently adopted or still to be adopted by the federal and state governments will cushion the economically negative effects on the national economies.

In addition, consolidated earnings will also be burdened in the 2021 financial year by transaction-related costs in connection with the takeover of the company by HCBE.

In this context, EBT for the first quarter of 2021 is expected to decline very sharply compared to the corresponding period of the previous year (Q1 2020: EUR 5.6 million) according to the Managing Board's estimates. This assessment takes into account the internal accounting status including February 2021 and the expected development in the current March.

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.

Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com

Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
ir@sixt-leasing.com

Sixt Leasing appoints Mr. Donglim Shin to succeed Michael Ruhl as CEO

Pullach, 22 March 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has announced today that the current CEO Michael Ruhl will leave the company at his own request as of 30 June 2021. Effective 1 July 2021, Donglim Shin, current President and CEO of Hyundai Capital Canada, has been appointed as his successor. The appointment and the conclusion of the associated Managing Board employment contract are subject to the approval of the German Federal Financial Supervisory Authority (BaFin). Donglim Shin will join the company already on 1 April 2021 in order to ensure a seamless transition period together with Michael Ruhl.

Jochen Klöpper, Chairman of the Supervisory Board of Sixt Leasing SE: "On behalf of the Supervisory Board, we thank Michael Ruhl for his services to the company and his significant contributions to the successful development of the past years. With the appointment of Donglim Shin, we have named a strong successor to the CEO position at an early time. Donglim Shin is an excellent choice as he has long-standing, international experience in the fields of automotive finance and leasing. On behalf of the Supervisory Board and all employees, I wish him all the best and much success in his new role."

Donglim Shin, future CEO of Sixt Leasing SE: "I am honored by the confidence which is expressed through this appointment. I am looking forward to shaping the future of Sixt Leasing SE together with my fellow board member Björn Waldow and a great team. The know-how, innovation potential and successful multi-branded business model of Sixt Leasing form a strong platform for growth. After a challenging year 2020, we are fully committed on strengthening our leading market position in our German home market in all three business fields Online Retail, Fleet Leasing and Fleet Management again and driving future growth. Moreover, we will further leverage the expertise, resources and diverse business opportunities of our two shareholders as large multinational groups with complementary expertise to further strengthen our business to become the leading provider of comprehensive auto-mobility solutions in Europe."

Donglim Shin started his career at Korea Long Term Credit Bank in 1995 and held various leadership positions in the banking and automotive industry across different companies. He was appointed President and CEO of Hyundai Capital Canada in 2018 and has been successfully driving the company's business growth in auto leasing and financing over the past years.

Downloads (Credit: Sixt Leasing SE):

• Portrait: Donglim Shin

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.

Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015.

www.sixt-leasing.com

Press contact Sixt Leasing:

Stefan Vogel
+49 (0)89 74444-5169
pr@sixt-leasing.com

Sixt Leasing SE: Mr. Donglim Shin to be new Chairman of the Managing Board of Sixt Leasing SE

Pullach, 22 March 2021 - The Supervisory Board of Sixt Leasing SE today agreed on changes to the Managing Board of Sixt Leasing SE.

Mr. Donglim Shin is appointed as member of the Management Board and CEO of Sixt Leasing SE with effect from 1 July 2021. He has been working as CEO at Hyundai Capital Canada for the last three years and has many years of expertise in the fields of automotive financing and leasing. The appointment of Mr. Donglim Shin and the conclusion of the associated Managing Board employment contract are subject to the approval of the German Federal Financial Supervisory Authority (BaFin). The current CEO, Mr. Michael Ruhl, will withdraw from the Managing Board of Sixt Leasing SE with effect from the end of 30 June 2021 at his own request. Until the appointment takes effect, Mr. Shin in a capacity as chief representative and Mr. Ruhl will jointly manage the transitional phase.

Contact:
Stefan Vogel
Investor Relations
E-mail: ir@sixt-leasing.com
Tel: +49 89 74444 5169

Sixt Leasing SE digitalises vehicle handover and return process

• More efficiency and transparency
• Recording and logging of all steps via smartphone app
• Roll-out initially at the locations in Frankfurt, Berlin and Munich

Pullach, 23 February 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is optimizing vehicle handover and return at its locations in Frankfurt-Egelsbach, Berlin-Adlershof and Munich-Eching. From now on, all logistics processes will be recorded digitally in the already launched SML software solution (Service Module Logistics): from the delivery of the new leased vehicle by truck and the handover to the corporate or private customer to the return and collection by the freight forwarder.

In the future, on-site employees will use a new smartphone app for this purpose, which they can use to determine the passages of risk as well as the exact equipment and condition of the vehicle. In the process, they create standardized, comprehensive photo logs. Thus, any transport damage can be recorded as soon as the new vehicle is delivered. The handover or return protocol is also signed using the app: customers simply sign on the smartphone of the employee responsible and receive the signed document by e-mail just a few minutes later.

All recorded data is transmitted automatically and in real time from the app (front-end) to Sixt Leasing's back-end system - and therefore does not need to be entered manually. This saves employees and customers even more time.

Josef Finauer, Managing Director Maintenance & Damage of Sixt Leasing SE: "Thanks to the digital recording of logistics processes, vehicle handover and return at our locations in Frankfurt, Berlin and Munich is now even more efficient and transparent. This benefits not only us as lessor, but also our customers in particular. The photo logs created with the smartphone build additional trust."

The new app was developed for Android devices in cooperation with the Hüsges Group. It can be used flexibly and is suitable for vehicle handover and return at any location. Sixt Leasing's goal is to roll out the app at the more than 30 Sixt SE stations where Sixt Leasing customers can pick up or return vehicles.

Tobias Gawor, Director Logistics of Sixt Leasing SE: "The app-based vehicle handover is an important, further step in the consistent digitalisation and automation of our processes. In addition to the positive customer experience, I am particularly pleased for our employees at the stations that we can now provide them with an intuitive and very advanced tool. And our back office and logistics partners will also benefit from the faster and automated availability of all relevant information. As a result, we now no longer use paper at all in our standard processes. We will also be scaling up and expanding the use of the app for vehicle handovers at our dealerships and doorstep deliveries over the course of the year."

Peter Damme, Senior Manager Product Management of Sixt Leasing SE: "With the SML, we were able to build a cloud software platform with which we can quickly develop new logistics processes and have the option of digitally connecting our internal contract software as well as external service providers. We have already achieved this with great success in the deregistration process. The next feature is already in preparation and will follow shortly as an SML update. This will enable us to optimize further processes."

Downloads (Credit: Sixt Leasing SE):

• Portrait: Josef Finauer
• Graphic: Digital InFleet DeFleet Process (German version only)

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.

Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.

www.sixt-leasing.com
 

Press contact:

Kirchhoff Consult
sixtleasing@kirchhoff.de

Sixt Leasing SE: autohaus24 GmbH with new brand identity - Used car locations in Frankfurt, Berlin and Munich

Pullach, 19 January 2021 - autohaus24 GmbH, one of the leading online car dealerships in Germany and a wholly owned subsidiary of Sixt Leasing SE, is now presenting itself in a new look: both the brand logo and the autohaus24.de website have been completely redesigned. In addition, the used car locations of Sixt Leasing in Frankfurt-Egelsbach, Berlin-Adlershof and Munich-Eching are now operating under the autohaus24 brand.

Josef Finauer and Werner König, Managing Directors of autohaus24 GmbH: "With our new brand identity, we are emphasising our claim to be one of the leading online car dealers. In addition, we now have a local presence with our brand in the used car trade for the first time."

The aim of autohaus24 is to further expand its product and service portfolio for used cars - both online and offline. For example, customers at the new locations will have the opportunity to buy matching complete winter wheels for their vehicle.

PNG downloads (Credits: Sixt Leasing SE / autohaus24 GmbH):

• autohaus24 Managing Directors Josef Finauer (left) and Werner König (right) at the used car location in Munich-Eching
• autohaus24 logo
• autohaus24 website
• autohaus24 location branding

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.

Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.

www.sixt-leasing.com

Press contact:

Kirchhoff Consult
sixtleasing@kirchhoff.de

Sixt Leasing SE launches smartphone app for fleet customers

Pullach, 13 January 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has launched a smartphone app for fleet customers: Thereby, company car drivers now have the possibility to manage everything related to their leasing contract easily and comfortably while on the road: from contract data and damage reports to workshop searches as well as booking appointments for inspections and tyre changes. The Sixt Leasing App can be used on iOS and Android devices and is available in the Apple and Google App Stores.

The Sixt Leasing App supports company car drivers with many convenient functions and offers full transparency and control:

Login/Registration:

• Simple and secure registration by name and registration number or contract number

Home:

• Content and functions tailored to the user
• Overview of booked tyre and workshop appointments
• Always up to date through selected leasing news

Profile:

• View of contact, contract and vehicle data (e.g. duration, mileage, contract number)
• Reminder before delivery of a new vehicle
• Function for independent editing of individual data

Service:

• Display of the digital service map with all service details
• Display of the fuel cards deposited in the contract, including the possibility of blocking or replacing individual cards
• Partner finder with all workshop and tyre partners relevant to the leasing contract
• Contact information of the individual service partners
• Direct navigation to the desired service partner
• Simple and secure booking of appointments for tyre changes and inspections incl. reminder function

Damage:

• Online registration of new damage
• Direct contact to police and emergency call via click-to-call function
• Direct contact to Assistance

Michael Ruhl, CEO of Sixt Leasing SE: "With the launch of the Sixt Leasing App, we are driving forward the digitalisation of our business model and expanding our digital service portfolio for fleet customers with an innovative tool. The Sixt Leasing App facilitates the administration of leasing contracts and thus makes an important contribution to more efficiency in leasing fleets."

The Sixt Leasing App for fleet customers is based on the Companion App for fleet management customers, which was launched at the end of 2019 by the Sixt Leasing subsidiary Sixt Mobility Consulting GmbH and is already used by around 16,000 company car drivers. The Sixt Leasing App is optimally tailored to fleet customers. It will be continuously updated and equipped with further useful features in the future.

Picture downloads (Credit: Sixt Leasing SE):

• Picture 1
• Picture 2
• Picture 3

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.

Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.

www.sixt-leasing.com
 

Press contact:

Kirchhoff Consult
sixtleasing@kirchhoff.de