Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Adverse developments in the general economic environment or in the vehicle leasing and fleet management industry.
• Inability to improve and market existing product range or maintain an attractive product range.
• Inability to maintain recent growth rates or successfully manage future growth.
• Customer payment defaults or discontinuation of services.
• Termination of intellectual property license agreement or deterioration in brand reputation.
• Inability to dispose of used vehicles at desirable prices.
• Significant upfront expenses that may not be recoverable.
• Dependence on third-party suppliers.
• Inability to retain volume bonuses.
• Increased costs and complexities from business expansion.
• Insufficient insurance coverage.
• Dependence on software systems and websites.
• Supply chain disruptions.
• Data security breaches.
• Dependence on key personnel.
• Difficulty obtaining external financing after IPO.
• Mismatch between asset and liability maturities and interest rates.
• Interest rate fluctuations.
• Regulatory changes in the financial services sector.
• Exchange rate fluctuations.
• Changes to the general regulatory environment.
• Failure to fulfill licensing requirements.
• Non-compliance with laws and regulations.
• Invalid standard clauses in contracts.
• Insufficient compliance structure.
• Litigation or administrative proceedings.
• Changes in IFRS relating to leasing accounting.
• Adverse developments in tax laws and regulations.
• Additional tax liabilities from audits.
• Additional tax burden from past reorganizations.
• Reliance on Sixt SE for services and advantages.
• Conflicts of interest with Sixt SE.
• Sixt SE engaging in similar business activities.
• Conflicts of interest from personnel overlap.
• Financial information not fully representative of results as a separately listed company.
• Failure to comply with requirements as a public company.
• Changes in use of IPO proceeds.
• Inability to pay dividends.
• Fluctuations in share price and trading volume.
• Sales of shares by existing shareholders depressing market price.
• Dilution from future capitalization measures.
• Change of control provisions triggered by Sixt SE actions.
• Offering not being completed.
• Downlisting or delisting of shares.

Mitigation Strategies

• Regular credit checks on customers.
• Continuous improvement of product range and development of new products.
• Organic growth and opportunistic acquisitions.
• Procedures and policies to mitigate counterparty risk.
• Non-exclusive license agreement with Sixt SE.
• Buy-back agreements with manufacturers and dealers.
• Careful pricing structure and assumptions.
• Long-standing supplier relationships and bulk-buying power.
• Contracts stipulating no obligation to pass on certain bonuses.
• Careful planning and resource allocation for international expansion.
• Adequate insurance coverage (though not complete).
• Maintenance and improvement of technology and systems.
• Robust supply chain management.
• Implementation of security measures.
• Retention of key personnel and recruitment of successors.
• Financing Agreement with Sixt SE (short-term).
• Hedging strategies for interest rate exposure.
• Proactive monitoring of regulatory changes.
• Maintaining a small reserve of foreign currency funds.
• Continuous monitoring of legal and regulatory changes.
• Maintaining a valid leasing license.
• Compliance program to address compliance risks.
• Legal review of standard contractual terms.
• Participation in product recalls.
• Continuous improvement of compliance and internal control structure.
• Proactive legal and risk management.
• Monitoring of IFRS changes.
• Careful tax planning and compliance.
• Proactive management of tax audits.
• Careful planning and execution of reorganizations.
• Establishment of own treasury, investor relations, compliance, risk management and human resources functions.
• Outsourcing agreements with Sixt SE.
• Careful monitoring of Sixt SE actions.
• Non-exclusive license agreement with Sixt SE.
• Compliance with German Stock Corporation Act and Corporate Governance Code.
• Careful preparation of financial information.
• Development of expertise to comply with requirements for public companies.
• Careful planning and use of IPO proceeds.
• Dividend policy aiming for 30-40% of net income.
• Hedging strategies for exchange rate exposure.

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications:

Third-party Assurance: Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft, Munich

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed