The future of mobility is digital

Sixt Leasing SE: Operating business development in the first half of 2020 in line with expectations

• Group contract portfolio in the first six months of 2020 almost stable - Significant increase compared to 30 June 2019
• Consolidated operating revenue impacted by COVID-19 pandemic, as expected
• Consolidated earnings before taxes (EBT) in particular burdened by increased risk provisioning and transaction-related costs
• Managing Board continues to expect business development to recover in the second half of the year

Pullach, 12 August 2020 - 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 developed, based on the earnings forecast reduced on 20 July 2020, overall in line with expectations in the first half of 2020. The Group's contract portfolio remained almost stable in the period from the end of December 2019 to the end of June 2020. Consolidated operating revenue declined year-on-year. Consolidated earnings before taxes (EBT) were very significantly below the previous year's level and were burdened in particular by the increase in risk provisions in connection with the residual values of the leasing fleet and by transaction-related costs. The Managing Board continues to expect business development to recover in the second half of the year.

Business development in H1 2020
In the first half of 2020, 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 Recommended" 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". Furthermore, two proven industry experts, Mr. Christian Braumiller and Mr. Michael Poglitsch, could be gained as new Managing Directors of Sixt Mobility Consulting GmbH. In the Fleet Leasing business field, Sixt Leasing expanded its cooperation with BSH Hausgeräte GmbH in the field of e-mobility.

The contract portfolio in Online Retail fell by 5.7 per cent to 41,800 contracts in the period from the end of December to the end of June, particularly burdened by lower 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 Fleet Leasing declined by 2.4 per cent to 39,500 contracts. Fleet Management recorded growth of 4.0 per cent to 53,500 contracts.

Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased slightly by 1.0 per cent to 134,800 contracts in the period from the end of December to the end of June. The decline from the end of March to the end of June (-0.4 per cent) was slightly lower than in the first three months (-0.7 per cent). Compared to the end of the first half of 2019, the Group contract portfolio recorded a significant growth of 6.8 per cent at the end of the first half of 2020. The main reason for this was the acquisition of Flottenmeister GmbH in the fourth quarter of 2019.

Consolidated revenue in the first half of 2020 fell by 13.5 per cent year-on-year to EUR 370.3 million. This is mainly due to the decline in vehicle sales revenues in the Leasing business unit, which comprises the business fields Online Retail and Fleet Leasing. On the other hand, sales revenues in the Fleet Management business unit increased significantly. Overall, sales revenues from leasing returns and marketed customer vehicles in fleet management fell by 20.1 per cent to EUR 156.2 million. This decline is in particular due to the very strong first quarter of the previous year, with a very high number of leasing returns sold in the Online Retail business field, and to the restrictions imposed on stationary motor vehicle trading due to the COVID-19 pandemic. Consolidated operating revenue (excluding sales revenue) decreased by 7.9 per cent to EUR 214.1 million. The "lockdown" caused by the COVID-19 pandemic had a major impact on the decline in this regard. Among other things, this led to a significant reduction in vehicle use, which in particular caused a decline in use-related revenues, such as fuel revenues, for example.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) fell in the first six months of 2020 by 7.2 per cent to EUR 106.7 million compared to the same period last year. Consolidated earnings before taxes (EBT) recorded a decline of 79.7 per cent to EUR 2.9 million. This was mainly due to the increased risk provisions in a mid single-digit million euro range and to burdens from one-off transaction-related costs in a low to medium single-digit million euro range, which were incurred in connection with the completion of the voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE) in July 2020 and which had in part already to be considered in the accounting in the first half of 2020. Adjusted for these two one-off and extraordinary non-operating effects, the correspondingly adjusted earnings before taxes in the first half of 2020 amounted to EUR 11.2 million. Furthermore, the lower EBT is in particular due to the volume effect in vehicle sales described above, and increased marketing expenses at the beginning of the year. The operating return on revenue in the first six months of 2020 thus amounted to 1.3 per cent (-4.7 percentage points). Consolidated profit decreased by 83.2 per cent to EUR 1.7 million.

Michael Ruhl, CEO of Sixt Leasing SE: "Our Group contract portfolio remained almost stable in the first half of 2020 despite the corona pandemic. We are confident that the market environment will continue to ease in the second half of the year. Our new major shareholder will support us in continuing to successfully implement our 'DRIVE>2021' strategy program."

Growth prospects with new major shareholder
According to the last publication under capital market law, HCBE holds just over 92 per cent of the ordinary shares and voting rights of Sixt Leasing SE since the completion of the voluntary public takeover offer. The strategic partnership with the new major shareholder enables Sixt Leasing to jointly exploit new growth opportunities. The integration of Sixt Leasing into the group of the two international and financially strong groups Santander and Hyundai also offers the opportunity to further optimise the Company's financing structure.

Outlook
For the 2020 financial year, the Managing Board continues to expect a slight increase in the Group's contract portfolio and consolidated operating revenue to be approximately on the previous year's level. However, in accordance with the reduced earnings forecast issued on 20 July 2020, the Managing Board assumes that the earnings forecast published on 20 March 2020 cannot be realised in regard to EBT and that the 2020 annual result will also be burdened by further one-off transaction-related costs in the second half of 2020 to the expected extent. The one-off transaction-related costs in the first half of 2020 are included in the reduced earnings forecast.

The assumptions and uncertainties pertaining to the COVID-19 pandemic described in the Risk and Opportunities Report of the Half-Yearly Financial Report 2020 also apply to the forecast. This includes in particular the assumption that business development will recover in the second half of the year.

The full half-year report can be downloaded from https://ir.sixt-leasing.com/interim-reports.

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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

Contact:

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

The Sixt Leasing Group in H1 2020 at a glance¹

¹ Rounding differences possible
² Ratio of EBT to operating revenue

Sixt Leasing SE: Voluntary public takeover offer of Hyundai Capital Bank Europe GmbH completed

• Joint venture acquires around 92 per cent of the share capital of Sixt Leasing SE at an offer price of EUR 18.00 per share
• Strategic partnership enables joint use of new growth opportunitie
• Changes in the Supervisory Board of Sixt Leasing SE

Pullach, 16 July 2020 - Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., today announced the completion of its voluntary public takeover offer to the shareholders of Sixt Leasing SE. In February, HCBE had signed an agreement to acquire the shares in Sixt Leasing SE, Pullach, from Sixt SE. In addition, it had submitted a voluntary public takeover offer to all shareholders to acquire their no-par bearer shares, which was successfully accepted. HCBE now holds a total of around 92 per cent of the shares in Sixt Leasing SE.

With the acquisition of Sixt Leasing SE, HCBE intends to expand its position in the automotive finance sector by complementing its product portfolio with innovative mobility services and expanding the fleet business both at the point of sale and online.

Michael Ruhl, CEO of Sixt Leasing SE: "We are delighted to welcome Hyundai Capital Bank Europe GmbH as our new major shareholder. This ensures that we can successfully continue our corporate strategy. The strategic partnership puts us in a position to jointly take advantage of new growth opportunities."

Björn Waldow, CFO of Sixt Leasing SE: "In addition to the strategic advantages, we expect that the integration of Sixt Leasing into the group of the two international and financially strong groups Santander and Hyundai will also enable us to further optimise the company's financing structure."

Changes in the Supervisory Board of Sixt Leasing SE
In connection with the completion of the acquisition of Sixt Leasing SE by HCBE, the Chairman of the Supervisory Board of Sixt Leasing SE, Mr. Erich Sixt, has resigned from his office with effect from the end of 15 July 2020. Likewise, the Deputy Chairman of the Supervisory Board, Prof. Dr. Marcus Englert, has resigned from his office with effect from the end of 31 July 2020. Dr. Julian zu Putlitz will continue his office as member of the Supervisory Board of Sixt Leasing SE. The Management Board would like to express its sincere thanks to the resigning members of the Supervisory Board for their commitment to the company.

Sixt Leasing SE intends to replenish the Company's Supervisory Board by means of a court appointment of new Supervisory Board members.
 

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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

Contact:

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

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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 Sixt Leasing:

Kirchhoff Consult
sixtleasing@kirchhoff.de
+49 40 60918618

Christoph Braumiller and Michael Poglitsch take over the management of Sixt Mobility Consulting GmbH as of June 2020

Pullach, 26 June 2020 - Sixt Mobility Consulting GmbH, one of the leading independent providers of fleet management in Europe and wholly owned subsidiary of Sixt Leasing SE, has gained two proven industry experts, Mr. Christoph Braumiller and Mr. Michael Poglitsch, as new Managing Directors.

Mr. Braumiller has more than 30 years of experience in the fleet business. Since 2015, he has been Managing Director of Flottenmeister GmbH, which has been part of the Sixt Mobility Consulting Group since October 2019. Prior to this, Mr. Braumiller worked for other well-known fleet management and leasing companies, for example from 1987 to 2007 at ASL (formerly Auto Service Leasing) and in 2007 as one of the co-founders and shareholders of Hannover Leasing Automotive GmbH. In future, Mr. Braumiller will play a decisive role in the processing of operational services and will thus be responsible, together with his colleague, for the quality of the services offered.

As second Managing Director and equal partner, Mr. Michael Poglitsch will take care of the issues Sales & Internationalisation. With him, SMC has gained a successful management personality. Mr. Poglitsch has been part of the Sixt Group for 20 years and, among other things, has made a significant contribution to the national and international sales success of Sixt SE as Senior Director Global Accounts. In addition to his sales expertise, Mr. Poglitsch has an excellent network at home and abroad, which he has been able to build up over the last years and which will be very useful for SMC.

Michael Ruhl, CEO of Sixt Leasing SE: "We are convinced that with Mr. Braumiller and Mr. Poglitsch at the head of Sixt Mobility Consulting, we will be able to successfully continue and further expand the course set by the previous Managing Director Christoph von Tschirschnitz with regard to digitalisation, growth and internationalisation. The individual consultation, the custom-fit solutions and the high service quality will of course be maintained."

Mr. von Tschirschnitz had taken over the management of Sixt Mobility Consulting in October 2018 with the task of driving forward the internationalisation and expansion of the business to other European countries and the further digitalisation of the business model. Mr. von Tschirschnitz and his European teams have successfully and rapidly implemented these goals. The company has now undergone an entrepreneurial realignment and is operating for customers in five European countries. The company's business model is now largely digitalised right down to the end customer. A core element of the digitalisation offensive - the powerful app "The Companion" for fleet management and corporate mobility in the European markets developed under his leadership - has been very well received by customers within a short period of time.

Mr. von Tschirschnitz's management contract would have expired in the next few months, and the Managing Board of Sixt Leasing SE and Mr. von Tschirschnitz have agreed amicably and by mutual consent to terminate the management contract at the end of May 2020 after the achievement of significant milestones, so that the restructuring of the Group and its integration into the future Group structure of Hyundai Capital Bank Europe GmbH can be arranged with managers available on a longer-term basis after the transaction has been completed.

Michael Ruhl: "We would like to thank Mr. von Tschirschnitz for the successful corporate reorientation of Sixt Mobility Consulting, the achieved international expansion and the digitalisation of our business model."

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About Sixt Mobility Consulting:
Sixt Mobility Consulting GmbH (SMC) is one of the leading independent fleet management providers in Europe. SMC advises corporate customers on the efficient management of their fleets and provides all fleet management services for cars and vans with innovative IT solutions such as in particular the app "The Companion" and high-performance customer care teams.

As a bank- and manufacturer-independent fleet specialist, SMC optimises companies' costs when procuring and operating leased and purchased fleets, on request also via fully digitalised multi-bidding processes for each car ordered. In addition, SMC supports users in all vehicle-related topics, from ordering to accident management and wheel changes.

Through the use of Sixt's large partner network at the attractive conditions typical of Sixt, customers can significantly reduce their garage costs. In addition, SMC offers companies innovative corporate mobility services, such as mobility budgets, which are fully digitally managed and enable employees in cities in particular to use other mobility services, such as car sharing or weekend rental cars, as an alternative or supplement to the company car.

www.mobility-consulting.com

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

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

Sixt Leasing SE: Annual General Meeting approves dividend of EUR 0.90 for 2019 financial year

• Virtual Annual General Meeting adopts all proposals of the Managing Board and Supervisory Board on the agenda by a large majority
• Managing Board explains growth opportunities, particularly in the context of the strategic partnership with the new major shareholder

Pullach, 24 June 2020 - 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, held a successful virtual Annual General Meeting yesterday in Pullach. Approximately 53 per cent of the share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and the Managing Board by a large majority. The items on the agenda included, among other things, the appropriation of distributable profits and the supplementary election of the Supervisory Board.

Attractive dividend resolved
The shareholders approved the proposal to distribute a significantly increased dividend of EUR 0.90 per share for the 2019 financial year (previous year: EUR 0.48). Based on the year-end price for 2019, this corresponds to a dividend yield of around 8 per cent (previous year: 4.2 per cent).

The dividend is thus in line with shareholders' expectations in connection with the sale of Sixt SE's stake in the company and the accompanying voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE).

Supplementary election to the Supervisory Board
The shareholders also approved the proposal to elect Dr. Julian zu Putlitz, member of the Management and Chief Financial Officer of IFCO MANAGEMENT GmbH based in Pullach, as a member of the Supervisory Board of Sixt Leasing SE to succeed Dr. Bernd Metzner. The election was effective as of the end of this year's Annual General Meeting and for the remaining term of office of the retired Supervisory Board member. Dr. Metzner had resigned his office as a member of the Company's Supervisory Board with effect from 18 July 2019.

Future growth plans
Under the title "New Growth Opportunities", Michael Ruhl, CEO of Sixt Leasing SE, explained the Company's future prospects to the shareholders, especially with regard to the partnership with the new major shareholder HCBE. Accordingly, the future alliance will enable Sixt Leasing to successfully continue its current growth strategy and to exploit further growth potential. In the 2020 financial year, the focus will be on the further expansion of digitalisation and the internationalisation of the business model.

In addition, the CEO addressed the effects of the current COVID-19 situation on the business development of Sixt Leasing. The Managing Board expects that the second quarter will be the quarter most affected by the effects of the COVID-19 pandemic, particularly in terms of earnings, throughout the 2020 financial year. Furthermore, the burden on earnings from transaction-related costs will also increase. However, the easing of the COVID-19 regulations adopted in recent weeks makes the Managing Board confident that the business development will recover in the second half of 2020 as it expects.

Michael Ruhl, CEO of Sixt Leasing SE: "As part of our growth strategy, we will, among other things, expand our range of products and services with further innovative digital offerings and drive forward the internationalisation of the organisation. Together with the support of our new major shareholder HCBE, we are thus ideally placed to become the leading provider of longer-term auto-mobility in Europe."

All the information about the 2020 Annual General Meeting and the voting results are available on the website http://ir.sixt-leasing.com/agm.

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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

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

Sixt Leasing SE: Final acceptance rate for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH at more than 92 per cent

Pullach, 26 May 2020 - Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., has today announced the final result of its voluntary public takeover offer to the shareholders of Sixt Leasing SE: Taking into account the stake of Sixt SE, the acceptance rate amounted to 92.07 per cent at the end of the additional acceptance period provided for by law on 20 May 2020 at 24:00 hours (CEST). Thus, the acceptance rate has again increased very significantly compared to the end of the regular acceptance period (72.84 per cent). The minimum acceptance threshold was 55 per cent.

Björn Waldow, CFO of Sixt Leasing SE: "We are very pleased with the extraordinarily high acceptance rate. The high level of acceptance creates clear conditions with regard to the ownership structure. With our new anchor shareholder, we can thus continue our corporate strategy and jointly exploit new growth opportunities. We are optimistic that the outstanding offer conditions will be met in the coming months and expect the transaction to be completed in the second half of 2020."

In accordance with § 16 of the German Securities Trading and Takeover Act (WpÜG), shareholders of Sixt Leasing SE who had not tendered their shares by the end of the regular acceptance period on 30 April 2020 at 24:00 hours (CEST) were able to accept the offer from HCBE until the end of the additional period provided for by law. The completion of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document. HCBE and Sixt Leasing expect these conditions to be met in the coming months and expect the transaction to close in the second half of 2020.

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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

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

Sixt Leasing SE: Business development in the first quarter of 2020 in line with expectations

• Slight decrease in Group contract portfolio in the first three months of 2020 - Significant increase compared to the same period of the previous year
• Consolidated operating revenue and earnings before taxes (EBT) below previous year's level, as expected
• Managing Board and Supervisory Board propose a dividend of EUR 0.90 per Sixt Leasing share to the shareholders for the 2019 financial year
• Managing Board intensifies measures to reduce COVID-19 risks and confirms forecast for 2020 - Still recovery expected in the second half of the year
• End of additional acceptance period for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH on 20 May 2020 at 24:00 hours (CEST)

Pullach, 12 May 2020 - 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 developed in line with expectations in the first quarter of 2020. The Group's contract portfolio decreased slightly in the period from the end of December 2019 to the end of March 2020. Consolidated operating revenue declined year-on-year. Earnings before taxes (EBT) were very significantly below the previous year's level. The Managing Board confirms the forecast for the 2020 financial year. Accordingly, it continues to expect business development to recover in the second half of the year.

Business development in Q1 2020
In the first quarter of 2020, 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 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 expanded its cooperation with BSH Hausgeräte GmbH in the field of e-mobility.

The contract portfolio in the Online Retail business field fell slightly by 1.8 per cent to 43,500 in the period from the end of December to the end of March, particularly as a result of 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 1.7 per cent to 39,700 contracts. The Fleet Management business unit recorded growth of 1.4 per cent to 52,200 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 0.7 per cent to 135,300 contracts.

Compared to the end of the first quarter of 2019, the Group contract portfolio recorded a significant growth of 7.7 per cent. The main reason for this was the 24.9 per cent increase in the contract portfolio in Fleet Management, which is mainly due to the acquisition of Flottenmeister GmbH in the fourth quarter of 2019. The contract portfolio in Online Retail increased by 2.6 per cent compared to the same quarter last year. Fleet Leasing recorded a decline of 4.1 per cent.

Consolidated revenue in the first quarter of 2020 fell by 14.4 per cent year-on-year to EUR 199.3 million. This is mainly due to the decline in sales revenues. Consolidated operating revenue (excluding sales revenue) fell by 4.5 per cent to EUR 114.3 million. Sales revenues from leasing returns and marketed customer vehicles in fleet management fell by 24.8 per cent to EUR 85.0 million. This decline is mainly due on the one hand to the very strong first quarter of the previous year with a very high number of leasing returns sold in the Online Retail business field, and on the other hand to the restrictions on stationary automobile trade as a result of the COVID-19 pandemic.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) fell in the first three months of 2020 by 1.5 per cent to EUR 56.3 million compared to the same period last year. Consolidated earnings before taxes (EBT) recorded a decline of 20.3 per to EUR 5.6 million, which was in line with expectations. The lower EBT is due, among other things, to the volume effect in vehicle sales described above, increased marketing expenses at the beginning of the year and initial transaction-related costs in connection with the voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE). The operating return on revenue in the first three months of 2020 thus amounted to 4.9 per cent (-1.0 percentage points). Consolidated profit decreased by 33.4 per cent to EUR 3.8 million.

Dividend proposal
The Managing Board and Supervisory Board of Sixt Leasing SE propose to the shareholders a dividend of EUR 0.90 per Sixt Leasing share for the 2019 financial year (previous year: EUR 0.48). Thus, the Boards confirm the dividend expectations of the shareholders as deriving from the sale of Sixt SE's stake in the company and the associated voluntary public takeover offer by HCBE. The Managing Board and Supervisory Board based their dividend proposal on the up to date business, investment and liquidity planning of the company, which already has been adjusted to the expected economic and financial effects of the COVID-19 situation on the markets and the operations of Sixt Leasing SE.

Michael Ruhl, CEO of Sixt Leasing SE: "As expected, the general conditions for our business have become more challenging. We have therefore significantly intensified our early warning, monitoring and control measures for the Sixt Leasing Group. Our new major shareholder HCBE will give us the tailwind to continue to successfully implement our 'DRIVE>2021' strategy program. The minimum acceptance threshold for the voluntary public takeover offer has already been reached. The further acceptance period will end in a few days."

With its internal control and risk management system, Sixt Leasing SE is appropriately positioned for monitoring and controlling the Group, also in regard to the current COVID-19 situation. However, the Managing Board has intensified risk management due to the more demanding framework conditions.

Takeover offer
Shareholders of Sixt Leasing SE can accept the voluntary public takeover offer by HCBE until the end of the legally stipulated, additional acceptance period on 20 May 2020 at 24:00 hours (CEST). The minimum acceptance threshold of 55 per cent was significantly exceeded at the end of the regular acceptance period on 30 April 2020 at 24:00 hours (CEST) with an acceptance rate of 72,84 per cent. The closing of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document.

HCBE, a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., had announced the offer on 21 February 2020. The offer document was published on 24 March 2020. In their joint reasoned statement on 6 April 2020, the Managing Board and Supervisory Board of Sixt Leasing SE issued a recommendation to shareholders to accept the offer. The statement is available on the Internet at https://ir.sixt-leasing.com/takeoveroffer.

Outlook
According to the forecast published on 20 March 2020, the Managing Board continues to expect a slight increase in the Group's contract portfolio compared with the 2019 financial year and consolidated operating revenue to be roughly at the previous year's level. With regard to EBT, the Managing Board expects a figure very significantly below the previous year's level. This does not yet take into account the expenses that would be incurred after a successfully completed HCBE takeover offer. The Managing Board expects the transaction to be completed in the second half of 2020 and, in this case, expects additional one-off costs in a high single-digit million euro range in the year 2020, part of which is to be considered in the accounting already in the first half of 2020. The assumptions and uncertainties in connection with the COVID-19 pandemic described in the Quarterly Statement also apply to the forecast. This includes the assumption that a recovery in business development will occur in the second half of the year 2020.

The Group's Quarterly Statement as of 31 March 2020 can be downloaded from https://ir.sixt-leasing.com/interim-reports.

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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

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


The Sixt Leasing Group in Q1 2020 at a glance¹

¹ Rounding differences possible
² Ratio of EBT to operating revenue

Sixt Leasing SE: Minimum acceptance threshold for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH clearly exceeded

• Acceptance rate of roughly 73 per cent significantly above the minimum acceptance threshold of 55 per cent
• Managing Board and Supervisory Board of Sixt Leasing SE welcome the acceptance of the offer by the shareholders
• Additional acceptance period runs until 20 May 2020 at 24:00 hours (CEST)

Pullach, 7 May 2020 - Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., announced yesterday the results of its voluntary public takeover offer to the shareholders of Sixt Leasing SE: Accordingly, the acceptance rate - including the stake of Sixt SE - amounted to 72.84 per cent at the end of the acceptance period on 30 April 2020 at 24:00 hours (CEST). This was significantly above the minimum acceptance threshold of 55 per cent.

Michael Ruhl, CEO of Sixt Leasing SE: "We are pleased that the overwhelming majority of our shareholders followed our recommendation and accepted the attractive offer from HCBE. Thus, we have reached a milestone on the way to the planned strategic partnership with our new major shareholder. The alliance with HCBE enables us to successfully continue Sixt Leasing's growth strategy. We are confident that the outstanding offer conditions will be met in the coming months."

In accordance with § 16 of the German Securities Trading and Takeover Act (WpÜG), shareholders of Sixt Leasing SE who have not yet tendered their shares are entitled to accept the offer from HCBE until the additional period provided for by law expires. It began today and will end on 20 May 2020 at 24:00 hours (CEST).

The completion of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document. The transaction is still expected to be completed in the second half of 2020.

HCBE had announced the offer at a price of EUR 18.00 or, if the conditions defined in the offer document are met, up to EUR 18.90 per Sixt Leasing share in cash on 21 February 2020. The corresponding offer document was published on 24 March 2020 and is available on the Internet at hcbe-offer.com. After an independent examination of the conditions of the takeover offer, the Managing Board and Supervisory Board of Sixt Leasing SE recommended the shareholders to accept the offer in their statement pursuant to § 27 WpÜG of 6 April 2020. The statement is available at ir.sixt-leasing.com/takeoveroffer.

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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

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

Sixt Leasing SE: Offer for Sixt Leasing Shares of EUR 18.00 ends in 14 hours, Thursday, 30 April 2020, 24:00 hrs CEST

• Acceptance Period ends on Thursday, 30 April 2020, 24:00 hrs CEST.
• Acceptance Rate as published by the Bidder as of 29 April, 14:00 hrs CEST, was around 46% (including the shares acquired from Sixt SE).
• As outlined in the Reasoned Statement published on 6 April 2020 (https://ir.sixt-leasing.com/takeoveroffer), the Sixt Leasing Managing Board and Supervisory Board recommend the Acceptance of the Voluntary Public Takeover Offer by Hyundai Capital Bank Europe GmbH.

Pullach, 30 April 2020 - Sixt Leasing SE informs its Shareholders that the Acceptance Period ends today, on Thursday, 30 April 2020, at 24:00 hrs CEST. By this time, the Minimum Acceptance Threshold of 55% has to be reached in order for the Offer to be successful.

The Bidder has made the completion of the Offer subject to, inter alia, reaching a Minimum Acceptance Threshold equivalent to 55% of all Sixt Leasing Shares issued at the end of the Acceptance Period (including the 8,644,638 Sixt Leasing Shares to be acquired from Sixt SE under the SPA), and thus 11,336,377 Sixt Leasing Shares. The Acceptance rate as published by the Bidder as of 29 April 2020, 14:00 hrs CEST, by means of its ongoing Mandatory Acceptance Rate Announcements is around 46%.

The offer price of EUR 18.00 includes a premium of 25% over the XETRA closing price one day prior to the publication of the ad-hoc notifications by Sixt SE and Sixt Leasing SE on 19 February 2020 in response to market rumors. Since then, there were significant price declines across national and international capital markets caused by the increasingly deteriorating Covid-19 situation. Over this period, the SDAX and MDAX have lost 18.15% and 19.45% respectively.

The Sixt Leasing Managing Board and Supervisory Board recommended the Acceptance of the Voluntary Public Takeover Offer by Hyundai Capital Bank Europe GmbH in its Reasoned Statement on 6 April 2020 and recommend that Shareholders wishing to accept the Offer do so prior to the end of the Acceptance Period.

For further information please refer to the Takeover Offer Section on the Sixt Leasing website (https://ir.sixt-leasing.com/takeoveroffer).

Sixt Leasing SE publishes Annual Report 2019 - Acceptance period for takeover offer ends tomorrow on April 30

• Business development in 2019 in line with the adjusted forecast from October 2019
• End of acceptance period for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH tomorrow, on 30 April 2020, at midnight
• Outlook for 2020 confirmed: Slight increase in Group contract portfolio; consolidated operating revenue approximately at the previous year's level and EBT very significantly below previous year expected
• CEO Michael Ruhl: "In the 2020 financial year, our focus is on the further digitalisation of the business model and the alignment of the organisation to future national and international growth. Hyundai Capital Bank Europe will support us as a new major shareholder in the event of a successful takeover offer."

Pullach, 29 April 2020 - 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 published its Annual Report 2019. Accordingly, there were no deviations from the preliminary annual figures, which had already been published in March 2020. Business development in 2019 is in line with the forecast adjusted in October 2019. For the 2020 financial year, the forecast issued in March of this year remains valid.

Business development in 2019
The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) climbed significantly in the 2019 financial year by 5.0 per cent to 136,200 contracts, reaching the highest figure in the company's history. This is primarily due to the positive development in the fourth quarter and the acquisition of Flottenmeister GmbH.

Consolidated revenue increased by 2.3 per cent to a record EUR 824.4 million. Consolidated operating revenue (excluding sales revenue) decreased by 2.6 per cent to EUR 468.2 million. Sales revenues from leasing returns and marketed customer vehicles in fleet management rose disproportionately by 9.5 per cent to EUR 356.3 million. The higher number of vehicle returns in the Online Retail business field contributed in particular to this increase.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 3.4 per cent to EUR 232.7 million. Consolidated earnings before taxes (EBT) for the 2019 financial year were 4.0 per cent below the previous year's figure at EUR 29.3 million. The operating return on revenue remained almost stable at 6.3 per cent (2018: 6.4 per cent). Consolidated profit declined by 2.0 per cent to EUR 21.5 million.

Dividend proposal
For the 2019 financial year, the Managing Board and Supervisory Board of Sixt Leasing SE are considering to propose a dividend of up to EUR 0.90 per share to the Annual General Meeting. The specific proposal for the appropriation of profits will be published along with the agenda for the 2020 Annual General Meeting at the latest. The event will take place on 23 June 2020 as a virtual Annual General Meeting.

Michael Ruhl, CEO of Sixt Leasing SE: "In the 2020 financial year, our focus is on the further digitalisation of the business model and the alignment of the organisation to future national and international growth. Thus, we are taking the next step towards becoming the leading provider of longer-term auto-mobility in Europe. Hyundai Capital Bank Europe will support us as a new major shareholder in the event of a successful takeover offer."

Takeover offer
The voluntary public takeover offer by Hyundai Capital Bank Europe GmbH, a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., has been running since 24 March 2020 and will end tomorrow, on 30 April 2020, at midnight (CEST). The offer price in the amount of EUR 18.00 per share in cash is equivalent to a premium of around 25.0 per cent on the unaffected Xetra closing share price as of 18 February 2020 and a premium of around 40.8 per cent on the unaffected volume-weighted average price during the last three months up to and including 18 February 2020.

Further details can be found in the joint reasoned statement of the Managing Board and Supervisory Board of Sixt Leasing SE regarding the takeover offer, which was published on 6 April 2020 and is available at https://ir.sixt-leasing.com/takeoveroffer. The Managing Board and Supervisory Board support the takeover offer and are of the opinion that the completion is in the interest of Sixt Leasing SE, its shareholders and other stakeholders.

Outlook
The Managing Board confirms the forecast published on 20 March 2020. Accordingly, it expects a slight increase in the Group's contract portfolio compared with the 2019 financial year and consolidated operating revenue to be roughly at the previous year's level. With regard to EBT, the Managing Board expects a figure very significantly below the previous year's level. This does not yet take into account the expenses that would be incurred after a successfully completed takeover offer. In this case, the Managing Board expects additional one-off costs in a high single-digit million euro range in the year 2020.

The Annual Report 2019 of Sixt Leasing SE can be downloaded from http://ir.sixt-leasing.com/annual-reports.

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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

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

Sixt Leasing SE: Managing Board and Supervisory Board recommend acceptance of the voluntary public tender by Hyundai Capital Bank Europe GmbH

• Joint reasoned statement by the Managing Board and Supervisory Board published
• Fair financial consideration with an attractive premium for shareholders
• The Managing Board and Supervisory Board welcome the commitment of Hyundai Capital Bank Europe GmbH to support the strategy of Sixt Leasing

Pullach, 6 April 2020 - Today, the Managing Board and Supervisory Board of Sixt Leasing SE have published their reasoned statement in accordance with section 27 of the German Securities Acquisition and Takeover Act (WpÜG) regarding the voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE) to all shareholders of Sixt Leasing SE. Accordingly, they recommend Sixt Leasing shareholders to accept the takeover offer. HCBE, a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., had announced the offer at a price of EUR 18.00 or, if certain conditions defined in the offer document are met, up to EUR 18.90 per Sixt Leasing share in cash on 21 February 2020 and published the corresponding offer document on 24 March 2020.

The Managing Board and Supervisory Board of Sixt Leasing have independently examined and evaluated the conditions of the takeover offer. Taking into account the information in the statement and the overall circumstances in connection with the takeover offer as well as the objectives and intentions of HCBE as set out in the offer document, the Managing Board and Supervisory Board are of the opinion that the consideration offered by HCBE is appropriate and the takeover offer is in the interest of Sixt Leasing. In addition to the aforementioned recitals, they also used a Fairness Opinion to examine the appropriateness of the consideration offered. The Managing Board and Supervisory Board consider the offer price to be attractive, particularly also in light of the current volatile capital market environment.

The Managing Board and Supervisory Board support the takeover offer and are of the opinion that the completion of the takeover offer is in the interest of Sixt Leasing SE, its shareholders and other stakeholders. The operational measures intended by HCBE, Banco Santander and Hyundai Motors, such as the intention to strengthen and support Sixt Leasing's strategy regarding the growth trend "car-as-a-service", the intention to continue to operate Sixt Leasing in particular as a multi-brand company independent of automobile manufacturers or the further expressed intention to increase the Company's revenues in the Fleet Management business unit by increasing the number of customers, leverage effects in the operating business and international expansion, are considered positive and plausible. Likewise, the Managing Board and Supervisory Board consider the future integration of the Company into the group of two international and financially strong groups to be positive for the future refinancing possibilities of Sixt Leasing. In the interest of the other stakeholders, in particular the employees, the Managing Board and Supervisory Board welcome HCBE's, Banco Santander's and Hyundai Motors' statement that, in principle, there are no plans to carry out major restructuring processes in the organisation or in the employee representatives of Sixt Leasing.

Key data on the takeover offer and the statement
The acceptance period for the offer has started with the publication of the offer document on 24 March 2020 and will end on 30 April 2020, 24:00 hours (CEST). The success of the offer is conditional upon the achievement of a minimum acceptance threshold of at least 55 per cent of the Sixt Leasing shares issued at the end of the acceptance period as well as the occurrence of other customary closing conditions. The Sixt Leasing shares tendered for sale are identified by the ISIN DE000A2888L0.

The joint reasoned statement of the Managing Board and Supervisory Board of Sixt Leasing SE, Pullach, on the voluntary public takeover offer (cash offer) by HCBE to the shareholders of Sixt Leasing SE published on 24 March 2020 is available free of charge from Sixt Leasing SE, Investor Relations, Zugspitzstraße 1, 82049 Pullach, Tel: +49 (0) 89 74444-4518 Fax: +49 (0) 89 74444-85169; E-Mail: ir@sixt-leasing.com.

In addition, the statement is available on the Internet at https://ir.sixt-leasing.com/takeoveroffer.

The statement and any supplements and/or additional statements on possible amendments to the takeover offer will be published in German and in a non-binding English translation. Only the German versions are authoritative.

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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

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

Sixt Neuwagen and PAYBACK offer city SUV already from EUR 89.95 per month*

• Special promotion for the 20th birthday of PAYBACK
• Kia Stonic with extensive equipment at attractive terms
• Simple vehicle configuration and ordering via PAYBACK App
• Optional service packages available
• Pickup at participating Kia dealerships already possible from June 2020

Pullach, 30 March 2020 - Sixt Leasing SE and its online portal sixt-neuwagen.de have, together with PAYBACK, come up with a very special gift for the more than 31 million PAYBACK customers to mark the 20th anniversary of the bonus programme: As of now, the Kia Stonic "VISION" is available with extensive equipment from EUR 89.95 per month*. The leasing offer is available exclusively in the PAYBACK App and is supplemented by the optional "Insurance" and "Maintenance and Wear and Tear" service packages. The vehicle configuration and ordering, as well as booking the service packages, is very easy and convenient via the PAYBACK App and is handled via Sixt Neuwagen. The first customers will be able to pick up their vehicles from one of the participating Kia dealerships as early as June 2020. The offer is limited and is valid - only while stocks last - until 26 April 2020.

Michael Ruhl, CEO of Sixt Leasing SE: "We are delighted to offer PAYBACK customers an attractive city SUV at top terms, while enabling mobile, fully digital configuration and ordering for the first time. The optional service packages, the short delivery time and additional PAYBACK points round off the offer. Customers can pick up their dream vehicle from one of the participating Kia dealers already a few weeks after their order."

Florian Wolfframm, Head of Marketing und Member of the Management of PAYPACK: "A new car exclusively in the PAYBACK App with points on top! We celebrate our anniversary all year round together with customers and partners. The most important thing for us is to offer them all real benefits. We wish our points collectors a good trip with the city SUV."

Extensive equipment
PAYBACK customers can lease the Kia Stonic "VISION" with a duration of 24, 36 or 48 months and with a mileage of 10,000, 15,000 or 20,000 kilometres per year. The promoted CUV features a 100 hp turbo petrol engine** and numerous extras such as automatic climate control, central locking with radio remote control, 17-inch light-alloy wheels, EcoDynamics with Start Stop System, smartphone integration via Apple CarPlay and Android Auto, Kia radio with touchscreen and Bluetooth hands-free kit, rain sensor, rear parking sensors, a heatable multifunction leather steering wheel and heated seats for driver and front passenger. Customers can choose the metallic paint finishes Aurora Black, Signal Red, Denim Blue or Graphite.

Pictures for download (click on link):

• Kia Stonic "VISION" Campaign (Photo credit: PAYBACK)
• Kia Stonic "VISION" in Aurora Black (Photo credit: Kia)
• Kia Stonic "VISION" in Signal Red (Photo credit: Kia)
• Kia Stonic "VISION" in Denim Blue (Photo credit: Kia)
• Kia Stonic "VISION" in Graphite (Photo credit: Kia)

______

* plus one-time transfer costs of EUR 750.09; special promotional rate of EUR 89.95 only available for a duration of 24 months and a mileage of 10,000 kilometers. Further duration and mileage combinations possible.

** The engines have the consumption and emission figures listed below. The figures were determined according to the newly introduced "Worldwide harmonized Light vehicles Test Procedure" (WLTP). In order to maintain comparability with vehicles measured according to the previous test procedure (NEDC), the values, which have been correlated back in accordance with the applicable regulations, are shown according to the NEDC standard. The engines thus comply with the Euro 6d-Temp.

Kia Stonic 1.0 T-GDI 100
Fuel consumption combined 5.2-5.0 l/100 km; CO2 emissions combined 120-115 g/km

Further information on the official fuel consumption and the official specific CO2 emissions of new passenger cars can be found in the "Leitfaden über den Kraftstoffverbrauch, die CO2-Emissionen und den Stromverbrauch neuer Personenkraftwagen", which is available free of charge at all sales outlets and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Straße 1, 73760 Ostfildern. The guide is also available on the Internet at www.dat.de.

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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

About PAYBACK:
PAYBACK is the leading multi-partner bonus programme, which is already being used enthusiastically by over 31 million customers in Germany alone. Based on the simple principle of "one programme - many partners", they receive points and coupons for their purchases from around 680 PAYBACK partner companies, saving them a considerable amount every year.

90 percent of the points collected are redeemed by customers, the majority in value vouchers from partners or in rewards. PAYBACK has launched an app that combines mobile point collection, coupon activation and payment for the first time. The app is actively used by 10 million users. It is already one of the top 3 shopping apps in Germany.

www.PAYBACK.de

Press contact Sixt Leasing:
Kirchhoff Consult
Nikolaus Hammerschmidt
+49 40 609186 18
nikolaus.hammerschmidt@kirchhoff.de

Press contact PAYBACK:
Nina Purtscher
Head of Corporate & PAYBACK PR
PAYBACK GmbH
Theresienhöhe 12
80339 München
Germany
+49 (0) 89 997 41 - 206
nina.purtscher@PAYBACK.net
PAYBACK.net
PAYBACK.de
facebook.com/PAYBACK
twitter.com/Presse_PAYBACK

Sixt Leasing SE: Significant increase in contract portfolio in 2019 financial year - More demanding general conditions in 2020

• Group contract portfolio climbs to record level in 2019 financial year - All three business fields return to growth in the fourth quarter
• Number of new contracts in the Online Retail business field increases by more than 30 per cent year-on-year in 2019
• Consolidated operating revenue and earnings before taxes (EBT) below previous year's level, as expected
• Outlook for 2020: Slight increase in Group contract portfolio and consolidated operating revenue at about the previous year's level expected; EBT influenced by Coronavirus and costs in connection with the announced takeover offer
• Offer document of HCBE published on 24 March 2020 after approval by Bafin
• CEO Michael Ruhl: "Our goal remains to become the leading provider of longer-term auto-mobility in Europe. Therefore, we want to continue to implement our 'DRIVE>2021' strategy programme and, in particular, expand our product and service portfolio."

Pullach, 25 March 2020 - 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 significantly increased its Group contract portfolio in the 2019 financial year according to preliminary calculations (IFRS). By the end of December, the Group contract portfolio had climbed to 136,200 contracts, reaching the highest level in the company's history. The main reason for this was the positive development in the fourth quarter. Consolidated operating revenue decreased slightly. Consolidated earnings before taxes (EBT) were 4.0 per cent below the previous year's level. Thus, business development was in line with the expectations of the Managing Board in accordance with the forecast adjusted in October 2019. In the current 2020 financial year, the general conditions are becoming more demanding, according to the Managing Board.

Business development in the fourth quarter of 2019

In the fourth quarter of 2019, all business fields were able to increase their contract portfolio compared to the third quarter of 2019. The contract portfolio in Online Retail grew by 1.7 per cent. The Fleet Leasing business field recorded an increase of 2.7 per cent - thus it grew in comparison to a previous quarter for the first time since the fourth quarter of 2017. The contract portfolio in the Fleet Management business unit climbed by 16.4 per cent, in particular due to the acquisition of Flottenmeister GmbH. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) grew by 7.1 per cent compared to the previous quarter.

Business development for the full year 2019

Compared to the previous year, the number of contracts in the Online Retail business field decreased slightly by 0.8 per cent to 44,300 in the 2019 financial year. A significantly higher number of expiring contracts was offset by more than 13,000 new contracts, an increase of more than 30 per cent compared to the previous year.

The number of contracts in the Fleet Leasing business field declined by 6.1 per cent to 40,400 in the 2019 financial year. This was mainly due to further vehicle returns following the loss of a volume customer in the previous year.

The Fleet Management business unit recorded a significant increase in the contract portfolio by 22.5 per cent to 51,500 contracts, mainly due to the acquisition of Flottenmeister GmbH with around 7,000 contracts.

Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) thus rose significantly by 5.0 per cent to 136,200 contracts in the 2019 financial year. This is in line with the Managing Board's forecast, which was adjusted in October 2019.

Consolidated revenue grew by 2.3 per cent year-on-year to a record EUR 824.4 million. Consolidated operating revenue (excluding sales revenue) decreased by 2.6 per cent to EUR 468.2 million. The Managing Board had recently expected a figure in the region of EUR 465 million. Sales revenues from leasing returns and marketed customer vehicles in fleet management rose disproportionately by 9.5 per cent to EUR 356.3 million. The higher number of vehicle returns in the Online Retail business field contributed in particular to this increase.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 3.4 per cent to EUR 232.7 million in the 2019 financial year. Consolidated earnings before taxes (EBT) for the 2019 financial year were 4.0 per cent below the previous year's figure at EUR 29.3 million. The Managing Board had recently expected EBT in the region of EUR 29 million. The operating return on revenue remained almost stable at 6.3 per cent (2018: 6.4 per cent). Consolidated profit declined by 2.0 per cent to EUR 21.5 million.

Michael Ruhl, CEO of Sixt Leasing SE: "In 2019, we were able to increase our contract portfolio significantly, but in 2020 the general conditions are becoming more demanding. The spread of the Coronavirus in particular presents us with major challenges. Nevertheless, we are convinced that we can master this situation. Not least, we expect our potential new strategic major shareholder to give us a tailwind. Our goal remains to become the leading provider of longer-term auto-mobility in Europe. Therefore, we want to continue to implement our 'DRIVE>2021' strategy programme and, in particular, expand our product and service portfolio."

Support from new strategic major shareholder

With the purchase of Sixt SE's 41.9 per cent stake in Sixt Leasing SE by Hyundai Capital Bank Europe GmbH (HCBE) on 21 February 2020, Sixt Leasing SE has a new strategic major shareholder. The joint venture between Santander Consumer Bank and Hyundai Capital Services supports the existing strategy of the Sixt Leasing Group. As planned, the Managing Board of Sixt Leasing will therefore focus in the 2020 financial year on the further digitalisation of the business model and the alignment of the organisation to future national and international growth.

On 24 March 2020, HCBE published the offer document after approval by Bafin. The regular acceptance period runs up to and including 30 April 2020. Further details of the takeover offer can be found at hcbe-offer.com.

Outlook

The forecast published on 20 March 2020 applies to the current 2020 financial year. Accordingly, the Managing Board expects a slight increase in the Group's contract portfolio compared with the preliminary figures for the 2019 financial year and consolidated operating revenue to be roughly at the previous year's level. With regard to EBT, the Managing Board expects a figure very significantly below the previous year's level.

The cautious forecast is, in addition to the operative business development to date in the current year 2020, mainly due to the current national and international development of the COVID-19 situation. Moreover, the consolidated earnings in the 2020 financial year will be burdened by costs independent of the completion of the takeover bid from HCBE in a low single-digit million euro range, which will be incurred to a significant extent in Q1 2020. If the transaction is successfully completed, which is expected in the second half of 2020, further one-off costs of the company (e.g. IT expenses, consulting fees and bonuses) in a high single-digit million euro range are also expected in 2020. Possible growth impulses from the change of the major shareholder are not included in these forecasts, as they cannot be quantified at present.

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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

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

Note:
All fiscal year 2019 figures in this release are preliminary and subject to possible change. The final and audited 2019 consolidated annual financial statements for Sixt Leasing Group will be published on 29 April 2020.

THE SIXT LEASING GROUP IN 2019 AT A GLANCE¹

¹ Preliminary figures according to IFRS; rounding differences possible
² Ratio of EBT to operating revenue

Sixt Leasing SE gets new major strategic shareholder with Hyundai Capital Bank Europe

• Hyundai Capital Bank Europe, a joint venture between Santander Consumer Bank and Hyundai Capital Services, acquires Sixt SE's 41.9 percent stake in Sixt Leasing SE
• Announcement of voluntary takeover offer to all shareholders of Sixt Leasing SE to purchase the remaining shares
• Offer price of EUR 18.00 per share in cash is equivalent to a premium of around 40.8 percent on the unaffected volume-weighted average price of the past three months
• Michael Ruhl, CEO of Sixt Leasing SE: "New major shareholder supports current growth course."

Pullach, 21 February 2020 - 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 to get a new major shareholder in the form of Hyundai Capital Bank Europe GmbH (HCBE), a joint venture between Santander Consumer Bank AG and Hyundai Capital Services Inc. This is the result of a share purchase agreement signed today between HCBE and Sixt SE. The agreement envisages HCBE purchasing all of Sixt SE's shares in Sixt Leasing SE, which amount to 41.9 percent, against payment of a purchase price of EUR 18.00 per share.

Subsequently, HCBE today announced a voluntary public takeover offer aimed at all shareholders of Sixt Leasing SE, to acquire the remaining shares in Sixt Leasing SE against payment of a cash consideration in the amount of EUR 18.00 per share. The offer price is equivalent to a premium of around 25.0 percent on the unaffected Xetra closing share price as of 18 February 2020 and a premium of around 40.8 percent on the unaffected volume-weighted average price of the past three months.

If the share purchase agreement and the takeover offer are closed prior to this year's annual general meeting of Sixt Leasing SE, the price will be increased, depending on the consolidated profit for the financial year 2019 as stated in the audited consolidated financial statements of Sixt Leasing SE, by up to EUR 0.90 per share in each case. In this context, Sixt SE has informed Sixt Leasing SE of a dividend expectation of up to EUR 0.90 per share for the 2019 financial year, subject to a sufficient unappropriated profit.

The takeover offer as well as the share purchase agreement will be made subject to certain completion conditions, amongst others, merger control and other regulatory clearances, a minimum acceptance threshold of 55 percent of the shares of Sixt Leasing SE and further customary closing conditions.

Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "Following the IPO in the year 2015, Sixt SE and Sixt Leasing SE will now be fully separated. With its mature, promising business model, I expect Sixt Leasing to continue to develop positively also outside the Sixt Group. I would like to thank the Managing Board, the management team and all of the staff at Sixt Leasing for their major contribution to the success of the Sixt Group in recent years and decades."

Michael Ruhl, CEO of Sixt Leasing SE: "We are delighted to welcome Hyundai Capital Bank Europe as major shareholder on board of Sixt Leasing SE. With the expertise and resources of the two globally active corporations Santander and Hyundai, we can complement our strengths ideally. Together we will continue Sixt Leasing's current strategy to become the leading provider of longer-term auto-mobility in Europe."

New growth opportunities through strategic partnership
With its strong expertise in the vehicle leasing and mobility business, Sixt Leasing attracted HCBE as a strategic partner in order to be able to offer the full range of products and services and utilize all distribution channels. Therefore, Sixt Leasing will continue to operate its business model that has proven to be a success with a strong focus on innovation and growth. The new major shareholder is committed to the existing strategy capitalizing on secular growth trends in the car-as-a-service sector and will continue to invest in the business and employees. With regard to future market trends, the focus will especially be on growth in the retail sector.

Jochen Klöpper, Chairman of the Supervisory Board of Hyundai Capital Bank Europe GmbH: "We are delighted about the opportunity to cooperate strategically with Sixt Leasing in the future. The know-how and successful business model of the company form a strong platform for growth. By complementing our product portfolio with Sixt Leasing's innovative mobility services and fleet business at the point of sale and online, Hyundai Capital Bank Europe is able to further strengthen its position in the automotive finance sector."

Yoono Hwang, President of Hyundai Capital Services Korea and Member of the Supervisory Board of Hyundai Capital Bank Europe GmbH: "We are convinced that this is an excellent opportunity to leverage the innovation potential of Sixt Leasing with regard to future market trends in the automotive sector."

Brand usage secured for a further five years
In order to continue Sixt Leasing's business seamlessly in its new ownership structure, Sixt Leasing SE and Sixt SE have agreed on the continued use of existing brand rights for a period of five years from the date on which the transaction is completed (closing). The Sixt Leasing Group will therefore be able to continue to use brands like 'Sixt Leasing', 'Sixt Neuwagen' and 'Sixt Mobility Consulting' in the scope of the business activities so far also over the next five years.

Expansion of used vehicle sites in Germany
Also today, Sixt Leasing SE entered into an agreement with companies of the Sixt SE Group on the acquisition of the used vehicle sites belonging to SL Car Sales GmbH in Eching (near Munich) and Berlin. The purchase of these two locations depends upon the completion of HCBE's acquisition of Sixt SE's stake in Sixt Leasing SE. Sixt Leasing already runs an own used vehicle site at Egelsbach near Frankfurt. This means that the company will have a total of three of its own retail locations in Germany in future. The Garching site will remain with SL Car Sales GmbH within the Sixt SE Group.

Further information on the voluntary takeover offer
The offer document will be published at a later date by HCBE in line with the stipulations of WpÜG (German Law on Securities Acquisition and Takeovers), following approval by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin). The Managing Board and Supervisory Board of Sixt Leasing SE will assess the offer and provide and publish a reasoned statement on the offer following publication of the offer documents and in compliance with their legal obligations.

Information about HCBE

Hyundai Capital Bank Europe GmbH
Hyundai Capital Bank Europe is the captive financial services provider of the Hyundai Motor and Kia Motors for their car brands Kia and Hyundai. The company is located in Frankfurt am Main. HCBE successfully passed the EU-wide standard bank approval procedure and received the German full-license from the ECB in September 2016. Shareholders of the joint venture are Santander Consumer Bank AG und Hyundai Capital Services Inc.

Santander Consumer Bank AG
Santander Consumer Bank AG is one of the top 5 private banks in Germany in terms of the number of customers. It offers private and corporate customers comprehensive financial services through various channels. Whether online, via video advice or in person at the branch - Santander has a service and product range that covers a broad spectrum, from current accounts and credit cards to mortgages and securities business. In Germany, the Bank is the largest manufacturer-independent financier of mobility and is also a leader in consumer financing. The wholly owned subsidiary of the Spanish Banco Santander is located in Mönchengladbach.

Hyundai Motor Group
Hyundai Motor Group is a global corporation that has created a value chain based on automobiles, steel, and construction and includes logistics, finance, IT and service. With about 250,000 employees worldwide, the Group's automobile brands include Hyundai Motor Co. and Kia Motors Corp and Genesis. Armed with creative thinking, cooperative communication and the will to take on all challenges, it is working to create a better future for all.

Hyundai Capital Services Inc.
Hyundai Capital Services is the financing arm of Hyundai Motor Group offering auto financing, durable goods financing, leasing services, and personal loans.
 

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About Sixt Leasing:

Sixt Leasing SE based in Pullach near Munich is one of the leading providers 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 2018, the Group generated consolidated revenue of EUR 806 million.

www.sixt-leasing.com


Contact:

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

Sixt Leasing SE starts digital aftersales of service products on sixt-neuwagen.de

• Expansion of service offering for existing customers on sixt-neuwagen.de: 'Worry-free maintenance and tear package' now bookable after placing a leasing order
• Michael Ruhl, CEO of Sixt Leasing SE: "By expanding our product and service portfolio and making it more flexible we are able to open up an even bigger market potential for our online business."

Pullach, 11 December 2019 - Sixt Leasing SE, market leader in online direct sales of new cars in Germany, is expanding the service offering for private and commercial customers on its online platform sixt-neuwagen.de. This means customers now have the opportunity to book the 'worry-free maintenance and wear package' online even after placing their order for a new car. Previously this was only possible if they conclude a leasing contract at the same time. In addition, the company is preparing the sales launch for services to private and commercial companies independently of any leasing contract.

Josef Finauer, Senior Director Product Management at Sixt Leasing SE: "With the digital after-sale of the 'worry-free maintenance and wear package' we are expanding our product portfolio on sixt-neuwagen.de by adding a very attractive service offering for existing customers. Further services are planned for both new and existing customers. From 2020 we will also be offering the 'worry-free package' and other services independently from a leasing contract, through partnerships for example. This will also enable private and commercial car owners to benefit from our first-class services and low-cost prices for the first time."

Michael Ruhl, CEO of Sixt Leasing SE: "The launch of digital aftersales on sixt-neuwagen.de and the progress made on completely decoupling services from the leasing contract are part of our growth and digitalisation initiative. We are confident that this will give a real boost to the development of our business model in the context of our strategy programme 'DRIVE>2021'. By expanding our product and service portfolio and making it more flexible with these activities we are able to open up an even bigger market potential for our Online Retail business field."

Users of the 'worry-free maintenance and wear package' profit from the top conditions and extensive partnership network of Sixt Leasing, which includes approximately 2,800 authorized workshops in Germany. The fixed monthly payment means the costs of the 'worry-free package' are always predictable and transparent. The Sixt Leasing Service Card ensures the services are easy to use.

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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

Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019

• Increase in new business brings Online Retail business field back onto growth track in third quarter - Fleet Management continues to grow as well
• Consolidated revenue up by nearly 6 per cent in first nine months of 2019 to EUR 633 million - operating revenue down slightly
• EBT of EUR 21.5 million below previous year - Q3 strongest quarter in year to date at EUR 7.4 million
• Managing Board confirms forecast for full year 2019

Pullach, 12 November 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has expanded the contract portfolios in its Online Retail and Fleet Management business fields in the third quarter of 2019. In the Online Retail business field, the contract portfolio increased by 2.7 per cent in the period from the end of June to the end of September. This was particularly due to the successful sales cooperation between Sixt Neuwagen, Fiat and Tchibo. The Fleet Management business unit also saw its contract portfolio increase by 2.7 per cent on the previous quarter, maintaining its growth momentum. In the Fleet Leasing business field, the contract portfolio declined by 3.3 per cent over the third quarter. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) grew by 0.8 per cent in the period from the end of June to the end of September 2019.

Michael Ruhl, CEO of Sixt Leasing SE: "The positive signals from the Online Retail business field and ongoing growth in the Fleet Management business unit give us confidence for the future development of the contract portfolio. Thanks to the takeover of Flottenmeister GmbH by our subsidiary Sixt Mobility Consulting GmbH, we are now even expecting the Group's contract portfolio to be significantly higher at year-end 2019 than last year."

In the Online Retail business field, Sixt Leasing ran an innovative sales campaign in cooperation with Fiat and Tchibo from the end of June to early September. It involved the marketing of new, well-equipped Fiat 500 Lounge vehicles on particularly attractive terms to private customers via the online platform sixt-neuwagen.de. The campaign was very popular with both private customers and participating Fiat dealers.

In the Fleet Management business unit, Sixt Mobility Consulting launched a new self-service app for company car users in the third quarter. 'The Companion' enables company car drivers to complete important car-related tasks - like making workshop appointments - quickly and easily at any time using their smartphone. Thus, Sixt Mobility Consulting is pushing ahead with the digitalisation of its business model and setting up its operations much more efficiently.

At the start of the fourth quarter, Sixt Mobility Consulting GmbH also announced the acquisition of all shares of Flottenmeister GmbH. The independent fleet manager, also based in Pullach near Munich, had more than 7,000 company cars under management at the end of September. The contracts are going to be transferred to the contract portfolio of the Sixt Leasing Group in the course of the fourth quarter 2019.

Business performance in 9M 2019

The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.0 per cent to 127,200 contracts during the period from the beginning of January to the end of September 2019. This was mainly due to the decline in the first quarter. In the second and third quarters, however, the contract development was positive.

Consolidated revenue rose by 5.5 per cent to EUR 633.0 million compared to the same period last year. This is mainly attributable to the strong increase in sales revenues, especially from the considerably higher number of returned lease vehicles from the Online Retail business field. Consolidated operating revenue (excluding sales revenue) declined slightly by 2.3 per cent to EUR 350.0 million.

Consolidated earnings before taxes (EBT) came to EUR 21.5 million for the first nine months of 2019, which is 7.8 per cent down on the previous year. The third quarter saw the strongest pre-tax earnings of the year to date at EUR 7.4 million.

This brought the operating return on revenue for the first nine months of 2019 to 6.2 per cent (-0.3 percentage points). Consolidated net profit came to EUR 16.1 million (-9.5 per cent).

Outlook

In line with the adjusted full-year guidance published on 22 October 2019, the Managing Board is expecting the Group's contract portfolio at year-end to be significantly higher than last year. It is also anticipating consolidated operating revenue for the financial year 2019 in the range of EUR 465 million and EBT in the range of EUR 29 million.

By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio to around 200,000 contracts and an increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase to EUR 40 to 45 million.

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The Group's Quarterly Statement as of 30 September 2019 can be downloaded from http://ir.sixt-leasing.com/interim-reports.
 

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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


THE SIXT LEASING GROUP IN 9M 2019 AT A GLANCE¹
 

^--
1 Rounding differences possible
² Ratio of EBT to operating revenue

Sixt Mobility Consulting acquires Flottenmeister GmbH, expanding contract portfolio to over 50,000 contracts

• Sixt Mobility Consulting takes over 100 per cent of shares in Flottenmeister GmbH
• Flottenmeister currently manages more than 7,000 company cars
• Christoph v. Tschirschnitz, Managing Director Sixt Mobility Consulting: "Under the umbrella of Sixt Mobility Consulting, Flottenmeister customers will continue to receive seamless support. In addition, we want to excite them with our fully digitalised service portfolio and international presence."
• Michael Ruhl, CEO Sixt Leasing SE: "The acquisition is a further step in the consistent implementation of our 'DRIVE>2021' strategy programme. In addition to volume growth, we also expect positive synergy effects."

Pullach, 22 October 2019 - Sixt Mobility Consulting GmbH, one of the leading independent providers of fleet management in Europe and wholly owned subsidiary of Sixt Leasing SE, reached terms with SchneiderGolling Südholding GmbH on a complete takeover of the shares in Flottenmeister GmbH. The independent fleet manager, which is also based in Pullach, near Munich, is managing over 7,000 company cars as of the end of September 2019. Sixt Mobility Consulting is thus further expanding its market position in Germany and increasing its contract portfolio in Europe to over 50,000 contracts, representing growth of more than 15 per cent. The parties have agreed not to disclose the purchase price or other transaction details.

Christoph v. Tschirschnitz, Managing Director of Sixt Mobility Consulting GmbH: "With the acquisition of Flottenmeister, we are successfully continuing our growth course in Europe. Thereby, we are pleased to be able to welcome a number of new customers who will continue to be supported seamlessly under the umbrella of Sixt Mobility Consulting. In addition, we want to excite them with our fully digitalised service portfolio and thereby take the cooperation with customers and their vehicle users to a new level of quality and efficiency."

Michael Ruhl, CEO of Sixt Leasing SE: "The acquisition of Flottenmeister is a further step in the consistent implementation of our 'DRIVE>2021' strategy programme and a reasonable building block for achieving our growth targets. The geographical proximity and overlapping services will help us integrate Flottenmeister GmbH into the Sixt Leasing Group. In addition to volume growth, we also expect positive synergy effects from the takeover."

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About Sixt Mobility Consulting:
Sixt Mobility Consulting GmbH (SMC) is one of Europe's leading independent providers of fleet and mobility budget management and a wholly-owned subsidiary of Sixt Leasing SE. SMC advises corporate customers with a fleet size of 150 vehicles or more on efficient fleet management and provides all fleet management services for cars and vans with innovative IT solutions and high-performance customer care teams.

As a bank and manufacturer-independent fleet specialist, SMC optimises the costs of companies when procuring and operating leased and purchased fleets, on request also via fully digitalised multi-bidding processes for each car ordered. In addition, SMC supports users in all vehicle-related topics, from ordering to accident management and wheel changes.
www.mobility-consulting.com

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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

Sixt Leasing SE: Business performance in first half of 2019 as expected

• Consolidated revenue increases by 9 per cent to EUR 428 million in the first half of 2019
• Contract portfolio and operating revenue decrease slightly, as expected
• EBT of just over EUR 14 million in line with expectations
• Business performance in the second half of the year still expected to be stronger
• Managing Board confirms forecast for 2019 and medium-term targets for 2021

Pullach, 12 August 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has performed in line with expectations in the first half of 2019. The company is also confirming its forecast for the 2019 financial year and its medium-term targets for 2021. In the first six months of 2019, consolidated revenue increased significantly compared to the same period last year while, as expected, the contract portfolio and operating revenue decreased slightly. Consolidating earnings before taxes (EBT) came in below last year's figure, as expected.

Michael Ruhl, CEO of Sixt Leasing SE: "For the second half of 2019, we are expecting a stronger business performance than in the first half of the year. In particular, the further implementation of our 'DRIVE>2021' strategy programme will contribute to this. Our goal is to increase revenue and earnings significantly over the medium term. In doing so, we want to become the leading provider of longer-term auto-mobility in Europe."

Sixt Leasing's business model is to be developed in the 2019 financial year. To this end, the Managing Board has implemented various measures in the four areas of Products, Customer Experience, Segments & Markets and Processes. The focus is on growth and digitalisation initiatives in order to expand the product and service offer and to make it more flexible. In this context, an extension of the corporate purpose has already been decided by the Annual General Meeting. Accordingly, the company is now able to offer or broker certain products and services independently of any lease or fleet management contract.

As part of the 'DRIVE>2021' strategy programme, further measures could be successfully implemented in the first half of 2019. In the Online Retail business field, Sixt Leasing launched an innovative sales cooperation with Fiat and Tchibo via its sixt-neuwagen.de online platform to market a brand-new Fiat 500 Lounge to private customers at particularly attractive rates. For the first time, such a cooperation integrated not only the car manufacturer but also the dealers.

In the Fleet Management business segment, international expansion was given a boost with new managers in Austria, France and the Netherlands. The Austrian subsidiary is now also focused on serving customers in Eastern Europe. In Germany, the sales team was strengthened and the test phase of the new self-service app 'The Companion' for company car users started.

Business performance in H1-2019

The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.7 per cent to 126,200 contracts during the period from the beginning of January to the end of June 2019. In the second quarter, however, the contract development was positive. The Group's contract portfolio increased again slightly compared to the end of the first quarter.

In the Leasing business segment, the contract portfolio's development was burdened by further vehicle returns from the 1&1 campaign as well as further returns resulting from last year's dropped out high-volume customer in the Fleet Leasing business field. In the Fleet Management business segment, the contract portfolio continued to grow.

Consolidated revenue rose by 8.5 per cent to EUR 428.0 million compared to the same period last year. This is mainly attributable to the significant increase in sales revenues, especially from the considerably higher number of sold lease returns in the Online Retail business field. Consolidated operating revenue (excluding sales revenue) remained virtually stable at EUR 232.5 million (-1.5 per cent).

Consolidated earnings before taxes (EBT) in the first half of 2019 were with EUR 14.1 million in line with expectations (-10.7 per cent compared to the first half 2018). The operating return on revenue therefore amounted to 6.1 per cent (-0.6 percentage points). Consolidated net profit totalled EUR 10.4 million (-9.5 per cent).

Outlook

For the second half of 2019, the Managing Board expects a stronger business performance than in the first half of 2019. For the 2019 financial year, the Managing Board therefore continues to expect a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level.

By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio by around 50 per cent to around 200,000 contracts and a significant increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase from just over EUR 30 million to EUR 40 to 45 million compared to the 2018 financial year.

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The full half-year report can be downloaded at http://ir.sixt-leasing.com/interim-reports.

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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


THE SIXT LEASING GROUP IN H1 2019 AT A GLANCE¹

^--
1 Rounding differences possible
² Ratio of EBT to operating revenue

Change in the Supervisory Board of Sixt Leasing SE: Dr Julian zu Putlitz succeeds Dr Bernd Metzner

Pullach, 29 July 2019 - Effective 23 July 2019, Mr Dr Julian zu Putlitz was appointed to the Supervisory Board of Sixt Leasing SE by the Munich District Court at the request of the Managing Board. He succeeds Dr Bernd Metzner, who will no longer be able to fulfil his Supervisory Board mandate due to his move to Gerresheimer AG and resigned from the Board on 18 July 2019.

From 2009 to 2018, Dr Julian zu Putlitz was Chief Financial Officer (CFO) of Sixt SE and played a major role in the successful development of the Sixt Group in the past ten years. Moreover, prior to the IPO of Sixt Leasing SE he already was Member of the Supervisory Board of Sixt Leasing SE from 2009 to 2015.

Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "With Mr Dr zu Putlitz the Supervisory Board of Sixt Leasing SE has gained an absolute financial specialist and Sixt expert. Personally, I am very pleased that Dr zu Putlitz is now available for Sixt in this new function. I am confident that he will contribute his expertise to the further development of the Sixt Leasing Group for the benefit of the Company and its shareholders. On behalf of the Supervisory Board, I would like to thank Mr Dr Metzner for his trusting cooperation."
 

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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

Dolce Vita with Sixt Leasing: Online market leader Sixt Neuwagen launches innovative sales partnership with Fiat and Tchibo - Ordering a Fiat 500 Lounge incl. City Package at a special price from EUR 85 per month via tchibo.de

• Innovative partnership model: First joint promotion between Sixt Neuwagen, car manufacturer, car dealer and marketing partner
• Fiat 500 Lounge MY 2020 incl. City Package from EUR 85 per month* orderable for private customers exclusively via tchibo.de
• Promotion runs from 25 June until 12 August as long as stocks last
• Customers can choose between three colours, three durations as well as two mileages, and optionally book servicing packages
• Offer to be advertised by Tchibo as part of its 'La Dolce Vita' Week World
• Digital ordering process with Video-Ident and eSigning

Pullach, 25 June 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany, is launching an innovative sales partnership with Fiat and Tchibo via its online platform sixt-neuwagen.de. Thereby, the cooperation partners are offering private customers a brand new Fiat 500 Lounge at the exclusive special price beginning from EUR 85 per month*. The promotion runs from today until 12 August as part of Tchibo's 'La Dolce Vita' Week World on the website www.tchibo.de/sixt-neuwagen and applies only for as long as stocks last. Orders can be placed very easily using Sixt Neuwagen's digital ordering process. Vehicles from the first tranche can be picked up at the Fiat dealer as early as August. The second tranche is expected to be delivered by the end of October, so that customers can get their car afterwards.

Dr Felix Frank, Managing Director Online Retail at Sixt Leasing SE: "We are delighted to launch an innovative sales partnership with Fiat and Tchibo, in which a car manufacturer, car dealers and a marketing partner are teaming up with Sixt Neuwagen for the first time. Our customers in particular benefit from this. With the Fiat 500 Lounge, we are offering them an iconic Italian car with extensive equipment, which can be used cheaply and flexibly thanks to the attractive monthly rate and the individual support. Our optional service products complete the offer."

Extensively equipped city speedster
The Fiat 500 Lounge MY 2020 convinces with Italian flair and extensive equipment. The variant offered as part of the 'La Dolce Vita' Week World is powered by a 69 hp petrol engine and can be ordered in the colours 'Gelato White', 'Opera Bordeaux Metallic' and 'Lattementa Green'. In addition, the promotional car comes standard, among others, with a two-year manufacturer's warranty, 15" alloy wheels, air conditioning, a remote control for central locking, a Uconnect radio with 7" HD touchscreen including Mirroring, as well as cruise control. Furthermore, the promotional Fiat is equipped with the City Package. This contains a rain sensor, incl. automatic driving light switch, as well as rear parking sensors.

Digital process ensures convenient ordering process
The special offer for the Fiat 500 Lounge can be accessed exclusively via the website www.tchibo.de/sixt-neuwagen. In addition to the colour, the desired duration and mileage is selectable. Duration is either 24, 36 or 48 months, and mileage 10,000 or 15,000 kilometres per year. Next, customers can order their city speedster via PC, smartphone or tablet using Sixt Neuwagen's digital ordering process. During the ordering process, all relevant data and information for the leasing contract can be entered and uploaded online. The usual identification process for leasing contracts is carried out conveniently by Video-Ident. Then, the contract can be signed without paper using eSigning.

The vehicles are delivered via the Fiat dealership network, where they are also be taken back at the end of the leasing period. When placing their order, customers have the option of selecting a participating Fiat partner near them, where they can conveniently receive their new car. At the same time, they will be given full instructions about the functionalities of the Fiat 500 Lounge, as well as further advice.

Daniel Schnell, Director Fleet & Business Sales FCA Germany AG: "For us, the sales partnership with Sixt Leasing and Tchibo is the ideal combination of a fully digital sales process via the internet and the stationary Fiat retail network. The trade partner accompanies the entire period of use of the vehicle, from delivery through maintenance to return, and is available to the customer as a contact at any time."

Roberto Debortoli, Brand Country Manager Fiat/Abarth: "Innovative vehicle and mobility concepts have been part of Fiat's brand DNA for 120 years now. In its current 2020 model year, the Fiat 500 is again the epitome of Italian automotive culture, which makes it the perfect vehicle for this partnership for FCA. I would also like to take this opportunity to thank our Fiat trade partners again, who are supporting us to jointly implement this campaign. We see this promotion as a chance to reach new customers who have not yet had Fiat in their relevant set. We expect this to generate significant additional business."

With optional service products to an all-round carefree package
In addition, customers can use attractive service products on request. Thus, an insurance as well as a maintenance and wear package can be booked on attractive terms already during the ordering process for the vehicle, and be included in the monthly leasing instalment. The insurance package with full cover, partial cover, motor vehicle liability and GAP cover is available for only EUR 58 per month. Depending on the combination of duration and mileage, the maintenance and wear package costs between EUR 23 and EUR 42 per month. Services related to this package will be handled exclusively through participating Fiat dealers. Further products and services can be ordered directly from Fiat's trading partners.

Cooperation partner with strong brand and reach
Within the 'La Dolce Vita' Week World at Tchibo, the special promotion for the Fiat 500 Lounge is being advertised by means of wide-ranging point of sale, offline and online measures. This particularly includes display stands and flyers in the Tchibo branches, integration in the in-store and order magazines, as well as newsletters and social media activities.

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* Price applies to a kilometre-based leasing contract with a duration of 4 years, 48 monthly instalments of each EUR 85.04 (incl. VAT and costs for sending the ZLB II; plus transportation costs of EUR 399.00) with 10,000 km per year (5.70 cents per additional km). Further financing details, such as net loan amount, effective annual interest rate and nominal interest rate, as well as further details regarding consumption data can be found in the information on the website www.sixt-neuwagen.de/tchibo.

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

About Fiat Chrysler Automobiles (FCA):
Fiat Chrysler Automobiles (FCA) designs, engineers, manufactures and sells vehicles and related parts, services and production systems worldwide. FCA's automotive brands include Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram, Maserati. The Group's businesses also include Mopar (automotive parts and service), Comau (production systems) and Teksid (iron and castings). FCA has around 200,000 employees worldwide. Further information is available on the internet at www.fcagroup.com.

About Tchibo:
Tchibo operates more than 1,000 branches, more than 21,200 retail depots as well as national online shops in eight countries. With this multichannel distribution system, the company offers, in addition to coffee and the single-portion systems Cafissimo and Qbo, weekly changing non-food ranges and services, such as travel and mobile. In 2017, Tchibo generated sales of 3.2 billion euros with an international workforce of around 12,100 employees. Tchibo is the roasted coffee market leader in Germany, Austria, the Czech Republic and Hungary, and is one of the leading e-commerce companies in Europe.

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

Sixt Mobility Consulting drives international expansion - New management personnel in Austria, France and the Netherlands

• Rainer Pflügler is the new Managing Director of the Austrian subsidiary and will thus also serve customers in Eastern Europe in the future
• Philippe Huillard is new Chief Sales Officer (CSO) in France
• Bas Bogerd is new Chief Commercial Officer (CCO) in the Netherlands
• Christoph v. Tschirschnitz, Managing Director Sixt Mobility Consulting: "With the new management personnel, we have significantly strengthened our international line-up and further set the course for our future growth in Europe."

Pullach, 17 June 2019 - Sixt Mobility Consulting GmbH, one of the leading independent providers of fleet management services in Europe and a wholly-owned subsidiary of Sixt Leasing SE, is driving forward its international expansion. To this end, the company is reinforcing its foreign subsidiaries with new management personnel. Now, the mobility experts Rainer Pflügler, Philippe Huillard und Bas Bogerd are the first point of contact for corporate fleets in Austria, France and the Netherlands.

Rainer Pflügler was previously Managing Director of various subsidiaries at Porsche Inter Auto GmbH in Upper Austria, most recently at AVEG Linz-Leonding. Philippe Huillard held various management positions over a period of 20 years at ALD Automotive in France, most recently as Sales Director for Light Commercial Vehicles. Bas Bogerd worked for more than ten years in various positions at Athlon Car Lease in the Netherlands, most recently as Business Consultant Mobility at Athlon International.

Sixt Mobility Consulting aims to expand its European business significantly and broaden its range of services. Customers will be served on site by strong local teams. Rainer Pflügler has also been tasked with expanding the Austrian business to Eastern Europe via customers' subsidiaries. This will enable them to profit even more from the clear efficiency and transparency benefits that Sixt Mobility Consulting offers, thanks to its long-standing know-how in digital fleet management and extensive service network in Europe.

Christoph v. Tschirschnitz, Managing Director Sixt Mobility Consulting: "By expanding our business in Austria, France and the Netherlands, we are laying the foundations for exploiting the great market potential abroad even better. Our aim is to expand to additional countries and accelerate our mid-term growth significantly."

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About Sixt Mobility Consulting:
Sixt Mobility Consulting GmbH (SMC) is one of Europe's leading independent providers of fleet management services and a wholly-owned subsidiary of Sixt Leasing SE. SMC advises and supports company fleets, regardless of the manufacturer or the lessor. Its focus is on classic outsourcing of fleet management, including user services and support with fleet purchasing, by means of fully digitalised multi-bidding procedure, for instance. The scope of its advisory services for optimising the total cost of ownership and providing attractive mobility solutions for employees also comprises innovative, forward looking mobility concepts.
www.mobility-consulting.com

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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

Sixt Leasing SE: Annual General Meeting votes for stable dividend and extension of the corporate purpose

• Annual General Meeting adopts all proposals on agenda items from Managing Board and Supervisory Board by large majority
• Shareholders approve stable dividend of EUR 0.48 per share for financial year 2018 and vote to extend the corporate purpose
• Managing Board plans significant further development of product and service portfolio in the current year

Pullach, 4 June 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, held a successful Annual General Meeting yesterday in Munich. Approximately 61 per cent of share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and Managing Board by a large majority. Items on the agenda included the appropriation of distributable profits and the extension of the corporate purpose in its Articles of Association.

Stable dividend approved
Shareholders approved the proposal to distribute a dividend of EUR 0.48 per share for the 2018 financial year, which is in line with the previous year. This represents a total dividend payment of EUR 9.9 million. The dividend pay-out ratio is therefore around 45 per cent of consolidated net profit and so in the middle of the forecast target range of 30 per cent to 60 per cent of consolidated net profit. In terms of the closing price at year-end 2018, this represents a dividend yield of 4.2 per cent. Sixt Leasing SE is thus continuing its attractive dividend policy.

Corporate purpose extended
Shareholders also approved the proposal to expand the corporate purpose. In future, the Company will therefore be able to offer or broker certain products and services independently of any lease or fleet management contract. This includes damage management, maintenance and wear-and-tear packages, insurance or tyre services.

2019 growth initiatives presented
In a presentation entitled 'The future of longer-term auto-mobility', Michael Ruhl, Chief Executive Officer (CEO) since 1 January 2019, introduced his plans to shareholders for the further implementation of the strategy programme 'DRIVE>2021' that was launched in 2018. Accordingly, the service range of Sixt Leasing is to be further developed significantly in the current year, particularly in the areas of Products, Customer Experience, Segments & Markets and Processes. The focus will be on digitalisation throughout this.

The Managing Board expects that these growth initiatives will already start to have an effect in 2019 and will achieve their full potential by 2020 at the latest. Fleet growth in Germany, extending the service business and international expansion in particular are intended to contribute to achieving the Company's medium-term growth targets by financial year 2021.

Michael Ruhl, CEO of Sixt Leasing SE: "We are pleased with the high level of approval for our proposals and would like to express our sincere thanks to our shareholders. In future, we intend to grow even faster, both in direct sales and via partnerships and cooperation agreements. This puts us in an optimal position for becoming Europe's leading provider of longer-term auto-mobility."

All the information about the Annual General Meeting 2019 and the voting results are available from the website http://ir.sixt-leasing.com.

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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

Sixt Leasing SE: Business development in Q1 2019 in line with expectations

• Slight decrease of Group contract portfolio and operating revenue
• EBT with around EUR 7 million in line with expectations
• Managing Board introducing measures in four areas to further improve business model
• Forecast for 2019 financial year and medium-term targets for 2021 confirmed

Pullach, 8 May 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has performed as expected in the first quarter of 2019 and is confirming its forecast for the 2019 financial year as well as its medium-term targets for 2021. In addition, the Managing Board has introduced various measures to further develop the Group's business model and to increase revenue and earnings significantly over the medium term.

Michael Ruhl, CEO of Sixt Leasing SE: "Our goal for 2019 is to significantly develop our business model in the four areas of Products, Customer Experience, Segments & Markets and Processes. Our focus will be on digitalisation throughout this. In doing so, we are laying the foundation for becoming the leading provider of longer-term auto-mobility in Europe."

• In the Products area, the existing product range will be supplemented with new more flexible and bundled offerings in order to address individual customer groups even more specifically. Moreover, in addition to new car leasing, customers should be given the opportunity to lease used vehicles, and to book individual service products independently of a leasing or fleet management contract.
• The Customer Experience will be improved further with more user-friendly online portals, applications and processes. App-based self-service functions should give users a simple and intuitive alternative to the currently still frequently used service processing via telephone, email or fax. Furthermore, Sixt Leasing is planning to open more of its own locations where customers can pick up and return their vehicle directly.
• In the Segments & Markets area, the Group is putting a stronger focus on smaller corporate customers in the B2B business. The Fleet Management business unit will further develop into an integrated corporate mobility manager, offering not only standard fleet management services but also integration of innovative, forward-looking mobility concepts such as mobility budgets and car sharing. On top of that, the company is seeking to expand its international operations more aggressively.
• Sixt Leasing will gradually automate and digitise Business Processes, which are still partly manual or analogue, in order to achieve more efficient procedures both for customers and within the organisation. At the same time, the cooperation between the business fields is to be intensified in order to make better use of synergies and optimise costs.

Business performance in Q1 2019

The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased slightly by 3.1 per cent to 125,600 contracts during the period from the beginning of January to the end of March 2019. Throughout this, the contract portfolio was adversely affected in particular by the continued high number of vehicle returns due to the successful 1&1 campaign and last year's drop-out of a volume Fleet Leasing customer.

Consolidated revenue rose by 15.2 per cent to EUR 232.7 million compared to the same period last year. This is mainly attributable to the significant increase in sales revenue, especially from the considerably higher number of sold leasing returns in the Online Retail business field. Consolidated operating revenue (excluding sales revenue) declined by 0.6 per cent to EUR 119.7 million, remaining virtually stable.

Consolidated earnings before taxes (EBT) therefore fell by 12.7 per cent to EUR 7.0 million. The operating return on revenue decreased by 0.8 percentage points to 5.9 per cent. Consolidated net profit declined by 3.8 per cent to EUR 5.7 million.

Outlook

For the 2019 financial year, the Managing Board continues to expect a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level. At the same time, the business development in the first half of 2019 is still expected to remain significantly weaker than in the same period of the previous year as well as the expected business development in the second half of 2019.

By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio by around 50 per cent to around 200,000 contracts and a significant increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase from just over EUR 30 million to EUR 40 to 45 million compared to the 2018 financial year.

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
www.sixt-leasing.com

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

THE SIXT LEASING GROUP IN Q1 2019 AT A GLANCE¹

¹ Rounding differences possible
² Ratio of EBT to operating revenue

Sixt Leasing SE accelerates digitalisation of the business model and confirms forecasts

• Sixt Leasing publishes Annual Report 2018 and presents digitalisation initiatives for the financial year 2019
• Shareholders to receive a stable dividend for the financial year 2018, subject to the approval of the Annual General Meeting
• Managing Board still expects a significant increase in Group contract portfolio, consolidated operating revenue and EBT by the financial year 2021

Pullach, 16 April 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has published its Annual Report 2018 and presented its plans for the further implementation of its strategy programme 'DRIVE>2021' today. Accordingly, the digitalisation of the business model in particular is to be continued in the financial year 2019. The Managing Board assumes that the growth initiatives planned in this context will already start to have an effect in the current financial year and will achieve their full potential by the financial year 2020 at the latest. On this basis, the Managing Board confirms the forecast for the financial year 2019 and the outlook for 2021 adjusted in March.

Growth through digitalisation

In 2018, the company has further improved its risk-return profile and laid the foundation for future growth. In the financial year 2019, the Managing Board is shifting its focus to expanding the product and service offering and making it more flexible with various digitalisation initiatives. At the same time, efficiency gains are to be achieved by means of process optimisation.

Michael Ruhl, CEO of Sixt Leasing SE: "In 2019, we are shifting our focus from risk management to digitalisation in the implementation of our strategy programme 'DRIVE>2021'. Our vision is to become the leading provider of longer-term auto mobility in Europe. To this end, we will offer our customers the best-in-class individualised solutions. We are confident that this will accelerate our future revenue and earnings growth and bring us back onto the growth path in terms of contract portfolio."

Financial year 2018

The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.4 per cent to 129,700 contracts in the financial year 2018, remaining roughly at the level of the previous year. This was due to the slow implementation of the new WLTP emission test procedure and the diesel discussion.

Consolidated revenue climbed by 8.3 per cent to a record EUR 805.8 million, in particular due to the strong contract growth in the Online Retail business field in the previous year. Consolidated operating revenue (excluding sales revenue) increased by 5.7 per cent to EUR 480.5 million.

Consolidated earnings before taxes (EBT) rose by 2.8 per cent to EUR 30.5 million. Operating return on revenue remained relatively stable at 6.4 per cent (2017: 6.5 per cent). Consolidated net profit improved by 5.1 per cent to EUR 22.0 million.

The Supervisory Board has approved the Managing Board's plan to propose a stable dividend of EUR 0.48 per share for the financial year 2018 to the Annual General Meeting on 3 June 2019.

Outlook

For the current financial year 2019, the Managing Board is still expecting a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level. In the course of this, business development in the first half-year 2019 is expected to be significantly weaker than in the same period of the previous year as well as the expected business development in the second half of 2019.

Regarding the mid-term outlook, the growth targets adjusted in last March continue to apply. Accordingly, the Managing Board plans to increase the Group's contract portfolio by around 50 per cent to around 200,000 contracts by the end of the financial year 2021. The key drivers will be the two business fields Online Retail and Fleet Management, where very strong growth is expected in the medium term. Regarding consolidated operating revenue, the Managing Board is expecting a significant increase to around EUR 650 million by the financial year 2021. EBT is projected to grow from currently just over EUR 30 million to EUR 40 to 45 million by 2021.

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The outlook is based on the figures presented in the Annual Report 2018, which Sixt Leasing SE has published today and which can be downloaded from http://ir.sixt-leasing.com/annual-reports. Accordingly, the report shows no deviations from the preliminary annual figures already released in March.

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.

www.sixt-leasing.com

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

Sixt Leasing SE achieves record revenue and increases earnings in 2018 financial year

• Group contract portfolio with around 130,000 contracts roughly at previous year's level
• Consolidated operating revenue increases by almost six per cent to more than EUR 480 million
• Consolidated earnings before taxes (EBT) rise by almost three per cent to more than EUR 30 million
• Managing Board makes proposal to Supervisory Board of stable dividend of EUR 0.48 per share
• Outlook for 2019: Slight increase in Group contract portfolio as well as stable consolidated operating revenue and EBT expected
• CEO Michael Ruhl: "In 2019, we are strengthening our focus on the topic of digitisation in order to further optimise our product range and to make our internal and customer related processes more efficient."

Pullach, 13 March 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, generated record revenue and increased its earnings in the 2018 financial year, according to preliminary calculations (IFRS). The Group's contract portfolio remained almost stable compared to the previous year, but is expected to increase again slightly in 2019. In the mid-term, the Managing Board expects significant growth, also for revenue and earnings.

Business performance
The contract portfolio in the Online Retail business field decreased by 1.6 per cent to 44,700 contracts in 2018, remaining roughly on a par at the level of the previous year. This development was influenced by two factors in particular. Firstly, new business was weaker than in the previous year primarily due to the slow implementation of the new WLTP test procedure and the related tight delivery situation for certain manufacturers. And secondly, the number of expired contracts increased sharply in the 2018 financial year due to strong contract growth over the past years.

The contract portfolio in the Fleet Management business unit increased stronger than expected by 6.6 per cent to 42,000 contracts.

The contract portfolio in the Fleet Leasing business field saw a decrease of 10.5 per cent to 43,000 contracts. This was primarily due to the unexpected loss of a volume customer and the active risk management announced at the beginning of the year. Within this initiative, the potential residual value risk posed by diesel vehicles across the total new leasing business was lowered successfully. The portfolio of diesel vehicles in Germany with the Euro 5 standard or lower without buyback agreement was thereby reduced to just approximately 2,800 vehicles as at 31 December 2018. This equates to a decline of approximately 50 per cent in comparison to the corresponding previous year's figure (31 December 2017: around 5,600 vehicles).

Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.4 per cent to 129,700 contracts, remaining roughly at the level of the previous year.

Consolidated revenue climbed by 8.3 per cent year-on-year to a record EUR 805.8 million, in particular due to the expansion of the contract portfolio in the Online Retail business field in the 2017 financial year. Consolidated operating revenue (excluding sales revenue) increased slightly stronger than expected by 5.7 per cent to EUR 480.5 million. Sales revenue from leasing returns and marketed customer vehicles in Fleet Management achieved above-average growth of 12.3 per cent to EUR 325.3 million. This was mainly due to a higher number of vehicle returns in the Online Retail business field.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased slightly in the 2018 financial year by 2.8 per cent to EUR 240.8 million. The financial result increased significantly year-on-year by EUR 3.0 million to EUR -13.2 million. Interest expenses were reduced significantly especially as a result of the repayment of the last two instalments of the Core Loan to Sixt SE in the amount of EUR 300 million in June 2017 and EUR 190 million in June 2018.

Consolidated earnings before taxes (EBT) rose by 2.8 per cent to EUR 30.5 million in the 2018 financial year, thereby roughly matching the previous year's figure as forecasted. Operating return on revenue remained relatively stable at 6.4 per cent (2017: 6.5 per cent). Consolidated net profit rose by 5.1 per cent to EUR 22.0 million.

Subject to the approval of the Supervisory Board, the Managing Board plans to propose a dividend of EUR 0.48 per share for the 2018 financial year to the Annual General Meeting on 3 June 2019. This proposal represents a pay-out ratio of around 45 per cent of consolidated net profit and a dividend yield of 4.2 per cent based on the closing price at year-end 2018. The ratio is therefore in the middle of the communicated target range of 30 to 60 per cent of the consolidated net profit.

Michael Ruhl, CEO of Sixt Leasing SE: "In 2018, we have made our portfolio fit for the future and thereby improved our risk-return profile significantly. In 2019, we intend to get back on our growth path and to expand the product portfolio and make it more flexible via various digitisation initiatives. At the same time, we plan to leverage cost potentials and realise efficiency enhancements through process optimisations."

Due to the recent noticeable change of the market environment and the customer preferences especially in Online Retail, Sixt Leasing is now increasingly focussing on supplementing its offerings through products and services which can be used to target further customer groups. On the basis of evolved strengths and long-time experience in the early development of customer-oriented solutions, the company is very well positioned to benefit disproportionally from the expected continuing strong market growth.

Outlook
For the current 2019 financial year, the Managing Board is forecasting a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level. For the first half of 2019, business development is expected to be significantly weaker than in the same period of the previous year as well as the expected business development in the second half of 2019.

On the basis of the present market and business development, the Managing Board has adjusted the medium-term growth targets. Thus, it is expecting an increase of the Group's contract portfolio to around 200,000 contracts until the end of the 2021 financial year (previously: more than 220,000 contracts). The company hence still expects very strong growth in the Online Retail and Fleet Management business fields in the medium term. Regarding consolidated operating revenue, the company expects a significant increase to around EUR 650 million by the financial year 2021 (previously: around EUR 700 million). EBT is also expected to increase significantly to a figure in the range of EUR 40 to 45 million by 2021 (previously: EUR 50 million).

About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.

www.sixt-leasing.com

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

Note:
All fiscal year 2018 figures in this release are preliminary and subject to possible change. The final and audited 2018 consolidated annual financial statements for Sixt Leasing Group will be published on 16 April 2019.

The Sixt Leasing Group in 2018 at a glance¹

¹ Preliminary figures according to IFRS; rounding differences possible
² Ratio of EBT to operating revenue

Sixt Leasing SE: Speed up and take off - Sixt Neuwagen launches joint promotion with Miles & More

• 15,000 award miles for Miles & More members who order an SUV from Sixt Neuwagen
• Attractive SUVs from just EUR 139 per month
• Promotion running from 1 to 28 February 2019
• Dr Felix Frank: "Bargain hunters always stay mobile, be it on the road or in the air."

Pullach, 31 January 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is launching a four-week promotion with Miles & More tomorrow: From February 1 to February 28, 2019, Miles & More members will receive an additional 15,000 award miles from Sixt Neuwagen when they order an SUV from https://www.sixt-neuwagen.de/milesandmore as a private customer.* Thereby, collectors of miles can either choose a quickly available stock vehicle or configure their desired SUV. Additionally, if they opt for a Vario-financing contract, they can even buy the vehicle at a predefined price at the end of the contractual term.

At the start of the promotion, six brands will be available: VW, Toyota, Land Rover, Peugeot, Kia and Mazda. The most affordable models, the Peugeot 2008 and the Mazda CX-3, are available from just EUR 139 per month.** Over the course of the promotion, brands and prices may vary.

Dr Felix Frank, Managing Director Online Retail at Sixt Leasing SE: "In February, bargain hunters do not only benefit from our attractive rates for popular SUVs, they also collect award miles from Miles & More. The 15,000 miles can be used on the next Lufthansa flight, for example, in keeping with our motto: Always stay mobile, be it on the road or in the air."

In order to snap up the award miles, Miles & More members select an SUV deal on https://www.sixt-neuwagen.de/milesandmore. Afterwards, they enter the code 'MM2019' and send a copy of their Miles & More service card to Sixt Neuwagen. Then, the new SUV can even be delivered to their front door.

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* Offer valid while stocks last, prices subject to change. More terms and conditions of participation on https://www.sixt-neuwagen.de/milesandmore.

** The price is valid for a Vario-financing contract without upfront payment and with final payment. For further details on financing, such as net loan amount, annual percentage rate and borrowing rate, please refer to the information on the website https://www.sixt-neuwagen.de/milesandmore

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

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

Sixt Leasing starts exclusive fleet leasing cooperation with Iberofleeting in Spain and Portugal
 

Pullach, 14 January 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is starting an exclusive cooperation with Iberofleeting in Spain and Portugal following a successful year-long trial phase. Iberofleeting has more than 20 years of experience in fleet leasing as a manufacturer- and bank-independent provider.

In the context of the cooperation, both companies will forward fleet customers to each other. Accordingly, Iberofleeting customers who operate fleets in Germany or any of the other around 30 countries in the Sixt Leasing network will then be able to make use of the Sixt Leasing offering. In return, Sixt Leasing customers with fleets in Spain and Portugal will be able to take advantage of Iberofleeting services.

Michael Ruhl, CEO of Sixt Leasing SE: "Through the cooperation with Iberofleeting, we strengthen our fleet leasing business with international customers and, at the same time, offer our existing customers with fleets in Spain and Portugal a partner who can provide a high-quality service locally."

Thanks to the agreement, Sixt Leasing customers enjoy the same high quality of service with Iberofleeting that they are used to from Sixt Leasing. The cooperation is an exclusive arrangement: Iberofleeting is the only cooperation partner of Sixt Leasing in Spain and Portugal. Likewise, Sixt Leasing is the only cooperation partner of Iberofleeting in the Sixt Leasing network.
 

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About Sixt Leasing:
Sixt Leasing SE based in Pullach near Munich is market leader 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 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

Contact:
Sixt Leasing SE
Corporate Communications
Stefan Kraus
+49 89 74444 4723
pr@sixt-leasing.com

Sixt Leasing SE increases revenue and earnings in the first nine months of 2018

• Revenue increases by more than eight per cent to over EUR 600 million
• EBT increases by 12.3 per cent to EUR 23.4 million compared to the same period last year that was burdened by special effects
• Potential residual value risk from diesel vehicles significantly reduced
• Managing Board confirms targets for 2018 that were adjusted in September

Pullach, 14 November 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, has increased its revenue and earnings before taxes (EBT) in the first nine months of the 2018 financial year. The contract portfolio was approximately at the previous year's level, while the potential residual value risk from diesel vehicles without buyback agreement were reduced significantly. The Managing Board confirms the forecast for the full-year 2018 that was adjusted in September.

The contract portfolio in the Online Retail business field increased by 2.3 per cent to 46,500 contracts in the period from the end of December to the end of September. In the Fleet Management business unit, the contract portfolio increased as well by 3.3 per cent to 40,700 contracts. The contract portfolio in the Fleet Leasing business field saw a reduction of 8.2 per cent to 44,100 contracts. This was in particular due to the active risk management as part of the strategy programme DRIVE>2021 to reduce the potential residual value risk from diesel vehicles without buyback agreement and the drop-out of a volume customer. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was approximately at the previous year's level, decreasing by 1.2 per cent to 131,300 contracts.

Björn Waldow, CFO of Sixt Leasing SE: "In the first nine months of the 2018 financial year, we successfully pushed ahead with the implementation of our strategy programme DRIVE>2021, particularly with regard to the active risk management for older diesel vehicles, and held our ground well despite the ongoing diesel debate. We are also making good progress in digitalisation and preparing for internationalisation."

Consolidated revenue climbed year-on-year by 8.5 per cent to EUR 600.1 million, in particular due to the expansion of the contract portfolio in the Online Retail business field in the 2017 financial year. The Group's operating revenue (excluding sales revenues) increased by 6.8 per cent to EUR 358.0 million. Sales revenues from leasing returns and marketed customer vehicles rose disproportionately by 11.2 per cent to EUR 242.1 million. This was mainly due to a higher number of vehicle returns in the Online Retail business field.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased in the first nine months by 4.0 per cent to EUR 181.3 million. The financial result improved substantially by EUR 2.8 million to EUR -10.3 million. Interest expenses were reduced significantly especially as a result of the repayment of the last two instalments of the Core Loan to Sixt SE in the amount of EUR 300 million in June 2017 and EUR 190 million in June 2018.

Consolidated earnings before taxes (EBT) increased by 12.3 per cent to EUR 23.4 million in the first nine months of 2018 compared to the same period of the previous year that was burdened by special effects. Especially additional risk provisions for leasing vehicles have been recorded in the third quarter of 2017. The operating return on revenue improved by 0.3 percentage points to 6.5 per cent, remaining clearly above the target figure of 6.0 per cent. Consolidated net profit rose by 16.0 per cent to EUR 17.8 million.

The equity ratio amounted to 14.9 percent at the end of September 2018 and was thus 0.7 percentage points above the ratio at the end of 2017 despite the dividend payment of EUR 9.9 million in June. Gross cash flow rose by 10.5 per cent to EUR 174.5 million compared with the first nine months of 2017. At EUR 386.9 million, investments in lease assets were 10.9 per cent below the level of the same period of the previous year.

Active risk management
The potential residual value risk from diesel vehicles was reduced significantly in the first three quarters of 2018 as part of the strategy programme DRIVE>2021. In the period from January to September 2018, the share of new contracts for diesel vehicles without buyback agreement in Germany was just 15 per cent. In the fourth quarter of 2017, this figure was still at 28 per cent. Hence, Sixt Leasing SE has reached its self-defined target of around 15 per cent for the full-year 2018 already after nine months.

With the new WLTP test procedure, on 1 September 2018 stricter emission guidelines for light vehicles have entered into force. As a result, new passenger car registrations are now only permitted for the latest generations of Euro 6 diesel vehicles with significantly lower emission levels. The consequent introduction of stricter regulations and the changed framework conditions in this respect enable Sixt Leasing now to make risk management for diesel vehicles more flexible again.

Furthermore, since the start of the year, the portfolio of diesel vehicles with the Euro 5 standard and lower in Germany without buyback agreement has continued to decline strongly. Thus, the number of these vehicles on the balance sheet decreased by a good 40 per cent to only around 3,400 vehicles as of 30 September 2018 compared to the end of 2017. Since the start of 2016, in total nearly 10,000 diesel vehicles without buyback agreement with the Euro 4 and 5 standard have been sold successfully.

Outlook
For the 2018 financial year, the Managing Board expects, in line with the forecast adjusted in September, a slight increase in consolidated operating revenue and EBITDA as well as an EBT and a Group's contract portfolio approximately at the previous year's level. The target for the operating return on revenue remains unchanged at 6.0 per cent.

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The quarterly report of the Sixt Leasing Group as of 30 September 2018 can be downloaded from http://ir.sixt-leasing.com/interim-reports.

About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

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

The Sixt Leasing Group in 9M 2018 at a glance¹
 

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¹ Figures according to IFRS; rounding differences possible
² Ratio EBT to operating revenue (=consolidated revenue without sales revenue)

Change in the Managing Board of Sixt Leasing SE: Michael Martin Ruhl takes over CEO position from Thomas Spiegelhalter effective from 1 January 2019

Pullach, 30 October 2018 - The Supervisory Board of Sixt Leasing SE today appointed Mr Michael Martin Ruhl (47) as Chief Executive Officer (CEO) of Sixt Leasing SE effective from 1 January 2019. He will take over the CEO position from Mr Thomas Spiegelhalter, who asked the Supervisory Board to terminate his contract early as of 31 December 2018. The Supervisory Board has complied with this request today.

Michael Martin Ruhl has been Managing Director of Hannover Leasing GmbH & Co. KG since 2013. The company manages more than 200 investments and mutual funds with a total asset value of around 10 billion euros.

Before joining Hannover Leasing, Mr Ruhl worked for 17 years in leading sales positions. After various positions at the Commerzbank, the banker and banking business economist moved in 1997 to DaimlerChrysler Services Structured Finance GmbH, a predecessor company of DFH Deutsche Fonds Holding AG, where he was last a member of the Board.

As CEO of Sixt Leasing SE, Mr Ruhl will assume responsibility for the departments Group Strategy and Corporate Development, Sales, Marketing, Operations, Purchasing, Remarketing und Human Resources.

Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "On behalf of the Supervisory Board, I would like to thank Mr Spiegelhalter for his commitment to the company and wish him all the best for the future. With Michael Martin Ruhl, we have gained a leasing expert with more than 20 years of sales experience. The Supervisory Board is convinced that with Mr Ruhl at the top, Sixt Leasing will successfully continue the growth course it has embarked on and will push ahead with the planned international expansion in the Online Retail and Fleet Management business fields."

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About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

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

Sixt Mobility Consulting under new leadership: Christoph von Tschirschnitz appointed Managing Director of Sixt Mobility Consulting, set to lead the future expansion in Europe

• Christoph v. Tschirschnitz is coming from BMW Group, where he was most recently CEO of the Region Central & Southeastern Europe.
• Sixt Mobility Consulting is on a strong growth and expansion course: Contract portfolio is set to increase by another 50 percent to more than 60,000 contracts by the end of 2021.
• Sixt Leasing CEO Thomas Spiegelhalter: "Christoph v. Tschirschnitz will drive forward our growth plans in particular with his international management experience."

Pullach, 11 October 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, has gained Christoph von Tschirschnitz as new Managing Director of Sixt Mobility Consulting GmbH. Thereby, he will be in charge of the European business and the further national and international expansion of the Fleet Management business unit of the Sixt Leasing Group.

Sixt Mobility Consulting is one of the leading independent providers of fleet management and a wholly-owned subsidiary of Sixt Leasing SE. The fleet specialist advises companies on the management of fleets, provides all services of fleet management through innovative IT tools and analyses, serves fleet users and supports companies in procuring fleets, for example, through IT-based multi-bidding processes.

Thomas Spiegelhalter, CEO of Sixt Leasing SE: "With the appointment of Christoph von Tschirschnitz, our Group is strengthened with a Managing Director who has long-time experience in all sales and financing areas of the automotive industry, excellent knowledge of Europe's automotive and mobility markets as well as a very good network. I am convinced that his international management experience will contribute to driving forward our ambitious growth plans for the Fleet Management business unit both in Germany and abroad."

From 1992 to 2018, Christoph v. Tschirschnitz worked with the BMW Group. During this time, he successfully held various positions in the upper management in the fields Corporate Control/M&A, Distribution Channels Strategy, at BMW Motorrad and as the Director of Sales & Marketing for the BMW sales region Asia, Pacific, Africa and Eastern Europe. Before Mr v. Tschirschnitz was President and CEO of the BMW Group Region Central & Southeastern Europe from 2014 until 2018, he had been in charge of the Corporate & Direct Sales business segment as member of the BMW Group Germany management.

Christoph v. Tschirschnitz: "I am looking forward to becoming a member of the Sixt Leasing Group's management team. Individual mobility will remain an essential need of people - in their private as well as business lives. For companies the fleet is essential for operations, for employees it is a strong motivational factor - and always a major cost factor. Due to increasing requirements, either by regulatory changes, technological innovations or demands of drivers, fleet management for companies is becoming more and more complex. From my point of view, Sixt Mobility Consulting provides an enormous capability and convincing answers for companies - neutral and independent of manufactures and leasing providers. Thus, the various challenges become opportunities for an even more efficient and, for employees, attractive fleet organisation."

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About Sixt Mobility Consulting:
Sixt Mobility Consulting GmbH is one of the leading independent providers of fleet management and a wholly-owned subsidiary of Sixt Leasing SE. The fleet specialist advises and supervises company fleets independently from manufactures and leasing providers. The business is focused on classic outsourcing of fleet management including user assistance as well as support in fleet procuring, for example through implementing multi-bidding processes. The consulting scope for improving the total cost of ownership and attractive mobility solutions for employees also includes innovative, forward-looking mobility concepts.

About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

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

Sixt Leasing starts autumn with 'HotCars' promotion - Fiat 500 available at a special price starting at EUR 99 per month*

• Special offer until the end of 2018 featuring seven popular new car models at exceptionally attractive terms

Pullach, 4 October 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, starts autumn with new offerings. In the period from October 4 until December 31, 2018 the company will be providing a limited number of popular vehicle models at exceptionally attractive terms as part of the 'HotCars' promotion.

Until the end of the year, six vehicles from various manufacturers will each be available for four weeks as individually configurable new vehicles at a special price. Beginning from today, the Fiat 500 can be ordered for a monthly instalment starting at EUR 99*. Additionally, the Ford Transit will be provided specifically to commercial customers throughout the entire promotion period beginning from EUR 109 per month (excl. VAT)*.

Private and commercial customers find the current 'HotCars' at www.sixt-neuwagen.de/hotcars, where they can easily add extras and further services such as insurance or winter tyres. Customers, who do not want to miss out on any of the new offers in the coming weeks, have the opportunity to subscribe to the free Sixt Neuwagen newsletter for regular information via email.

Thomas Spiegelhalter, CEO of Sixt Leasing SE: "With our autumn promotion, at the end of the year we provide our customers with extraordinary offers at exceptionally attractive terms. As a multi-brand new vehicle portal, sixt-neuwagen.de is the first point of contact for all people who are interested in new cars and want to get a good bargain."

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* The price is valid for a Vario-financing contract without upfront payment and with final payment. For further details on financing, such as net loan amount, annual percentage rate and borrowing rate, please refer to the information on the website www.sixt-neuwagen.de/hotcars.

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About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

Contact:
Sixt Leasing SE
Corporate Communications
Stefan Kraus
+49 89 74444 4723
pr@sixt-leasing.com

Sixt Leasing SE increases revenue to just under EUR 400 million in the first half of 2018

• Portfolio slightly increased to a total of 133,800 contracts due to growth in the Fleet Management and Online Retail business fields
• Group revenue rose by around 7 per cent year on year to EUR 394 million, with EBT coming in as expected at almost EUR 16 million
• Share of diesel vehicles without buyback agreement decreases again
• Managing Board confirms targets for full-year 2018

Pullach, 14 August 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, recorded further growth in revenue and contracts in the first half of 2018. Considering the solid business development so far this year, the Managing Board confirms its forecast for the 2018 financial year.

The contract portfolio in the Online Retail business field increased by 3.6 per cent to 47,000 contracts in the period from the end of December to the end of June. The Fleet Management business unit also recorded a growth of 4.6 per cent to 41,200 contracts. As expected, the contract portfolio in the Fleet Leasing business field saw a slight reduction of 5.2 per cent to 45,600 contracts, mainly following the active risk management to reduce residual value risks from diesel-powered vehicles without buyback agreement. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) rose slightly by 0.7 per cent to 133,800 contracts.

Thomas Spiegelhalter, CEO of Sixt Leasing SE: "Overall, the first half of the year was in line with our expectations. However, the sluggish transition to the new calculation logic for determining CO₂ emissions ​​does not leave us unaffected. New business in the second quarter, in particular in the Online Retail business field, suffered from the fact that around one quarter of the most popular models at sixt-neuwagen.de could not be ordered. The situation is currently concerning the entire industry, but should probably calm down by the end of the year. We are planning initiatives in the further course of the year to stimulate new business in Online Retail. Accordingly, we stick to our targets for the 2018 financial year. In addition, at the end of the year Dr Felix Frank from AutoScout24 will join Sixt Leasing SE as Chief Digital Officer and give the business additional momentum."

Consolidated revenue climbed year on year by 6.9 per cent to EUR 394.3 million. The Group's operating revenue (excluding sales revenues) increased by 5.6 per cent to EUR 236.1 million. Sales revenues from leasing returns and remarketed customer vehicles saw an increase of 9.0 per cent to EUR 158.2 million. This was in particular due to the successful remarketing of the significantly higher number of vehicle returns in the Online Retail business field.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 3.4 per cent to EUR 121.0 million in the first half of the year. The financial result improved significantly compared to the first half of last year by EUR 2.4 million to EUR -7.1 million. The main reason for this was the decrease in interest expenses as a result of the repayment of a EUR 300 million portion of the Core Loan to Sixt SE in June 2017. At the end of June 2018, Sixt Leasing SE repaid the last EUR 190 million instalment of the Sixt SE loan, especially from the proceeds of the bond issuance in May. As a result, the company expects further savings in interest costs over the next twelve months.

As expected, consolidated earnings before taxes (EBT) declined by 5.6 per cent to EUR 15.8 million, in particular due to investments in IT and digitisation as well as costs for the ramp-up in staff necessary in the context of the growth plans. As a result, the operating return on revenue fell by 0.8 percentage points to 6.7 per cent, but at the same time remained significantly above the target figure of 6.0 per cent. Consolidated net profit declined by 7.7 per cent to EUR 11.5 million.

Active risk management
The share of new contracts for diesel vehicles without buyback agreements in Germany fell by a further 6 percentage points to only around 11 per cent in the second quarter. Including foreign countries, this share was 19 per cent. As expected, the German stock of diesel vehicles with the Euro 5 standard or lower without buyback agreement also continued to decline to around 4,000 vehicles in the second quarter. In the meantime, almost all vehicles with the Euro 4 standard have been sold successfully. Overall, Sixt Leasing was able to further reduce the potential residual value risk from diesel vehicles.

The equity ratio at the end of June 2018 was at 14.3 per cent, 0.1 percentage points above the ratio at the end of 2017 despite the dividend pay-out of EUR 9.9 million in June. Gross cash flow improved by 9.5 per cent to EUR 114.1 million compared to the first half of 2017. At EUR 280.9 million, investments in leased assets remained roughly at the level of the prior-year period (H1 2017: EUR 281.3 million).

The Managing Board continues to expect a slight increase of the Group's contract portfolio, consolidated operating revenue and EBITDA for the fiscal year 2018. The Board also maintains its expectation that EBT will remain at roughly the same level as the previous year. Operating return on revenue is also expected to be in line with the 6 per cent target.
 

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The full half-year report can be downloaded at http://ir.sixt-leasing.com/interim-reports.

About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.

www.sixt-leasing.com

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

The Sixt Leasing Group in Q1 2018 at a glance¹

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¹ Figures according to IFRS; rounding differences possible
² Ratio EBT to operating revenue (=consolidated revenue without sales revenue)

Sixt Leasing appoints Dr Felix Frank from AutoScout24 as new Head of Online Business

• CEO Thomas Spiegelhalter: "Felix Frank is the ideal cast for this position. He will make a significant contribution to achieving our ambitious expansion plans."
• With this step, next course for further dynamic growth in Online Retail set
• Growth of contract portfolio by 140 percent until the end of 2021 planned

Pullach, 31 July 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, has appointed Dr Felix Frank as new Chief Digital Officer (CDO) and Managing Director Online Retail. Mr Frank will move from AutoScout24 to Sixt Leasing at the end of the year and will be responsible for the online business with the platforms sixt-neuwagen.de and autohaus24.de. As Vice President Customer Product and Marketing at the Scout24 Group, Felix Frank currently heads the operational management of the digital marketplace AutoScout24 as well as the marketing and product strategy for the dealer and manufacturer business.

Thomas Spiegelhalter, CEO of Sixt Leasing SE: "We are very pleased to have hired Felix Frank, a proven expert in digital business models and a profound authority on internet automobile sales. He is the ideal cast for the position as head of the online business. I am sure that Mr Frank will make a significant contribution to achieving our ambitious expansion plans in Online Retail. We will also especially benefit from his experience in the internationalisation of the business field, which we will be pushing from 2019."

The Online Retail business field became the Sixt Leasing Group's largest business field in the first quarter of 2018. As part of the DRIVE>2021 strategy programme, the company plans to expand its Online Retail contract portfolio to over 110,000 contracts by the end of 2021. This corresponds to an average annual growth rate of around 25 percent.

Dr Felix Frank: "Digital automobile sales is currently one of the most exciting industries and will see a lot of innovation and disruption in the coming years. Sixt Leasing is the clear market leader here and, with its proven expertise in vehicle financing and fleet management, is ideally positioned to benefit from this market development. I am very much looking forward to working with the teams to shape further development."

Felix Frank has been with the Scout24 Group since 2012 and has more than ten years of professional experience in the fields of e-business, innovation management and pricing. After completing his degree in international computer science, he worked for the Boston Consulting Group for several years. During this time, he received his doctorate in the research areas of technology marketing and customer relationship management.

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About Sixt Leasing:

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.

www.sixt-leasing.com

Contact:

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

Sixt Leasing SE repays final partial loan amount to Sixt SE - reorganisation of Group financing thus successfully completed

• Final outstanding amount of the Core Loan of EUR 190 million repaid to Sixt SE as planned at the earliest possible time in the end of June
• Transition of the Group's financing towards independent financing instruments enables further improvements in the interest cost structure

Pullach, 2 July 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist for the management and full-service leasing of large fleets, has completely paid back the EUR 750 million loan (Core Loan) provided by Sixt SE in the context of the IPO and thus achieved a refinancing of the Sixt Leasing Group that is completely independent of Sixt SE. The final outstanding amount of EUR 190 million of the Core Loan was repaid last week by Sixt Leasing SE to Sixt SE as planned at the earliest possible time. The funds for the repayment come, in particular, from the proceeds of the EUR 250 million bond that was issued for this purpose and for general corporate financing on the capital market in the second quarter.

Björn Waldow, CFO of Sixt Leasing SE: "The complete repayment of the Core Loan is a milestone in the young capital market history of Sixt Leasing. With the redemption of the final outstanding amount to Sixt SE, we have successfully completed the transition of our Group financing towards own financing instruments, that started after the IPO in the year 2015, at the earliest possible time, thereby establishing a financing structure completely independent of our main shareholder. Also through to the redemption of the final partial amount, we expect positive effects on our interest costs again."

The Sixt Leasing Group's independent financing structure consists of a EUR 500 million asset-backed securities (ABS) programme, bonds with a volume of EUR 500 million, negotiated bank lines of around EUR 400 million as well as borrower's note loans of EUR 30 million. With the establishment of this broadly diversified structure and the recently launched EUR 1 billion debt Issuance programme, Sixt Leasing SE has created the financial basis for the growth path planned as part of the 'DRIVE> 2021' strategic programme.


About Sixt Leasing:

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
www.sixt-leasing.com

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

Sixt Leasing SE: Annual General Meeting votes for stable dividend and re-election of Supervisory Board

• Annual General Meeting adopts all proposals on agenda items from Managing Board and Supervisory Board by large majority
• Shareholders approve dividend of EUR 0.48 per share for financial year 2017 and elect current Supervisory Board members for another term
• Managing Board sees positive impact of strategy programme DRIVE>2021 and confirms forecast for financial year 2018

Pullach, 20 June 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in the management and full-service leasing of large fleets, held a successful Annual General Meeting yesterday in Munich, which was attended by more than 150 shareholders. Approximately 72 per cent of share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and Managing Board by a large majority. Items on the agenda included the appropriation of distributable profits and elections for the Supervisory Board.

Resolution passed to pay another attractive dividend
Shareholders approved the proposal to distribute a dividend of EUR 0.48 per share for the 2017 financial year, which is in line with the previous year. This represents a total pay-out of EUR 9.9 million. The dividend ratio is therefore around 47 per cent of consolidated profit and roughly in the middle of the target pay-out range of 30 to 60 per cent of consolidated profit. In terms of the closing price at year-end 2017 this represents a dividend yield of 2.5 per cent. Sixt Leasing SE is thus continuing its attractive dividend policy.

Current Supervisory Board members re-elected
Shareholders also elected the current Supervisory Board members Mr Erich Sixt, Mr Prof. Dr. Marcus Englert, and Mr Dr. Bernd Metzner. Before, they voted to cancel the right of Sixt SE to delegate one of the three Supervisory Board members for as long as it holds shares in Sixt Leasing SE. Following the corresponding changes to the Articles of Association, which were adopted by a majority of the shareholders at the Annual General Meeting, all the Supervisory Board members now have to be elected by the Annual General Meeting.

Positive impact of strategy programme 'DRIVE>2021'
Under the heading 'The future of mobility is digital', Thomas Spiegelhalter, CEO since
1 January 2018, presented the new strategy programme 'DRIVE>2021' to shareholders. The acronym stands for digitalisation, risk management, internationalisation as well as volume and earnings growth until the year 2021. The programme aims to increase the pace of digitalisation, improve the risk-return profile, drive internationalisation forward and boost the number of contracts and earnings significantly.

Thomas Spiegelhalter, CEO of Sixt Leasing SE: "We would like to thank our shareholders sincerely for their high rate of approval for our proposals. This vote of confidence encourages us to keep swiftly implementing the activities planned as part of our successfully started strategy programme DRIVE>2021, especially in our high-potential Online Retail business field. This will pave the way in 2018 to grow strongly and profitably in the future. The future of mobility is digital. We intend to profit from it together."

All the information about the Annual General Meeting 2018 and the voting results are available from the website http://ir.sixt-leasing.de/hv.

About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6), based in Pullach near Munich, is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated revenue of EUR 744 million.
www.sixt-leasing.com

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

Sixt Leasing SE develops Online Retail into its largest business field - Managing Board confirms forecast for the 2018 financial year after an increase in revenue in the first quarter

• Contract portfolio in the Online Retail business field tops contract portfolios in the Fleet Leasing and Fleet Management business fields for the first time
• Consolidated revenue increases by almost 8 per cent year on year to EUR 202 million - EBT at EUR 8 million as expected
• Share of diesel vehicles without buyback agreements in new orders successfully reduced
• Advances in the implementation of the DRIVE>2021 strategy programme leave the Managing Board confident that targets for 2018 will be met

Pullach, 28 May 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in management and full-service leasing for large fleets, has developed its pioneering Online Retail business field into its largest business field at an early stage and confirms its forecast for the 2018 financial year after an increase in revenue in the first quarter of the year. The contract portfolio in the Online Retail business field increased by 3.3 per cent to 46,900 contracts in the period from the end of December to the end of March. The contract portfolio in the Fleet Leasing business field faced a slight decrease of 3.3 per cent to 46,500 contracts. In the Fleet Management business unit, the contract portfolio climbed by 1.9 per cent
to 40,100 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) rose by 0.5 per cent to 133,500 contracts.

Consolidated revenue in the first quarter 2018 climbed year on year by 7.6 per cent to EUR 202.0 million. The Group's operating revenue (excluding sales revenue) improved by 6.9 per cent to EUR 120.3 million. Sales revenue from leasing returns and marketed customer vehicles increased by 8.6 per cent to EUR 81.6 million, driven in particular by a significantly higher number of leasing vehicle returns from Online Retail.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) in the first quarter increased year on year by 6.5 per cent to EUR 60.9 million. The financial result improved significantly by 21.8 per cent to EUR -3.6 million. The reason for this was, in particular, the reduction in interest expenses as a result of the repayment of the largest portion of the core facility in the amount of EUR 300 million to Sixt SE in mid-2017. Consolidated earnings before taxes (EBT) resulted in a slight decline of 5.3 per cent to EUR 8.0 million as expected. As a result, the operating return on revenue decreased slightly by 0.8 percentage points to 6.7 per cent, but at the same time remained clearly above the target figure of 6.0 per cent. Consolidated net profit declined slightly by 1.1 per cent to EUR 5.9 million.

Thomas Spiegelhalter, CEO of Sixt Leasing SE: "With the development of our pioneering Online Retail business field into the Group's largest business field, we have already achieved an important goal for the full-year 2018 in the first quarter alone. Beyond that, we are also satisfied with the progress made in other respects in the first quarter. We have been able to further increase consolidated revenue and successfully continue the implementation of our strategy programme DRIVE>2021. This progress makes us confident that we will achieve our targets for the 2018 financial year and, in doing so, lay the foundation for even stronger and more profitable growth in the future."

Successful risk management
In the first quarter of 2018, Sixt Leasing successfully continued to reduce the potential residual value risk from diesel vehicles in the portfolio, as planned. The share of new contracts for diesel vehicles without buyback agreements noticeably decreased by 12 percentage points compared to the fourth quarter 2017, down to approximately 22 per cent. In Germany, the share decreased to only around 17 per cent. In addition, the German portfolio of diesel vehicles with Euro 5 standard or lower without buyback agreement decreased, as expected, from around 5,600 to around 4,700 vehicles in the period from the end of December to the end of March.

The equity ratio amounted to 14.5 per cent at the end of March 2018, resulting in a slight improvement of 0.3 percentage points from the end of December 2017. Gross cash flow improved year on year by 13.7 per cent to EUR 53.5 million. Investments in lease assets significantly increased by 18.4 per cent to EUR 157.2 million.

The Managing Board continues to expect a slight increase in the Group's contract portfolio, consolidated operating revenue and EBITDA for the fiscal year 2018. The Board also maintains its expectation that EBT will remain at roughly the same level as the previous year. Operating return on revenue is also expected to be in line with the 6 per cent target.

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The Group Quarterly Statement of Sixt Leasing Group as of 31 March 2018 can be downloaded at http://ir.sixt-leasing.com/interim-reports.

About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles 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 has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.

www.sixt-leasing.de

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


The Sixt Leasing Group in Q1 2018 at a glance
(Figures according to IFRS)¹

Revenue performance

Earnings performance

Further key figures