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Sixt SE: SIXT shifts up a gear and invests in its network, technology and products, but points to continuing uncertainties at its Annual General Meeting - Seite 3

Change in the top management
With today's Annual General Meeting, the Chairman of the Management Board Erich Sixt, who had taken over the management of the company from his father in 1969, resigned from his position on the Board. The shareholders elected him to the Supervisory Board of Sixt SE by a large majority. He succeeds Ralf Teckentrup, who resigned from office at the end of the Annual General Meeting. In its constituent meeting directly following the Annual General Meeting, the Supervisory Board elected Erich Sixt the new Chairman of the Board. Furthermore, as announced, the previous Chairman of the Supervisory Board, Friedrich Joussen, left the Board at the end of the Annual General Meeting. He was succeeded by Dr. Julian zu Putlitz, who served as Chief Financial Officer of Sixt SE from 2009 to 2018, as a new member of the Supervisory Board. The previous Chairman of the Management Board, Erich Sixt, thanked Friedrich Joussen and Ralf Teckentrup for their many years of service and very constructive cooperation.

The management of SIXT is now in the hands of Alexander Sixt and Konstantin Sixt, who, as already announced on 1 March 2021, have been appointed joint Chairmen and Co-CEOs of Sixt SE. As members of the Management Board since 2015, the brothers have already played a key role in shaping the company's success and stand for strategic continuity, international growth and digitalisation. This means that the fourth generation of the Sixt family is now at the helm of the company.

Resolutions passed by large majorities
At the Annual General Meeting, with around 49 % of the total share capital or around 75 % of the ordinary share capital present, the shareholders adopted all items on the agenda by large majorities in the resolutions. Among other things, they renewed the authorisation of the Management Board to issue profit participation bonds and/or profit participation rights through 15 June 2026.

About SIXT
Sixt SE with its registered office in Pullach near Munich, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT share, SIXT ride and SIXT+ the company offers a uniquely integrated premium mobility service across the fields of vehicle and commercial vehicle rental, car sharing, ride hailing and car subscriptions. The products can be booked through one single app, which also integrates the services of its renowned mobility partners. SIXT has a presence in around 110 countries around the globe. The company is characterized by consistent customer orientation and excellent customer experience, a living culture of innovation with strong technological expertise, the high share of premium vehicles in its fleet and an attractive price-performance ratio. The Sixt Group doubled its revenue since 2009 and generated revenues of EUR 3.31 billion in 2019 and is ranked as one of the most profitable mobility companies in the world. In 2020, SIXT generated consolidated revenues of EUR 1.53 billion despite travel and outbound restrictions due to the COVID-19 pandemic and reported a positive consolidated net income of EUR 2 million after cost savings of approximately EUR 600 million among others. Sixt SE is the parent company of the Group and has been listed on the Frankfurt stock exchange since 1986 (ISIN ordinary share: DE0007231326, ISIN preference share: DE0007231334). https://about.sixt.com