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Allane Mobility Group presents new growth strategy 'FAST LANE 27' at the Annual General Meeting

DGAP-News: Allane SE / Key word(s): AGM/EGM/Miscellaneous Allane Mobility Group presents new growth strategy 'FAST LANE 27' at the Annual General Meeting 01.07.2022 / 12:10 The issuer is solely responsible for the content of this announcement. PRESS RELEASE

Allane Mobility Group presents new growth strategy "FAST LANE 27" at the Annual General Meeting

• Expansion of the product range: e.g. Car-as-a-Service, Used Car Leasing and Corporate Mobility
• Expansion of the business model by two pillars: Captive Leasing and On-Site-Retail
• Growth through innovation, cooperation and internationalization
• Increasing the share of alternative drive systems in the fleet
• Annual General Meeting 2022 adopts all agenda items

Pullach, 01 July 2022 – The Allane Mobility Group (formerly Sixt Leasing), 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, presented its new strategy "FAST LANE 27" at this year’s Annual General Meeting. The overriding goal of the new strategic direction is to meet changing customer needs and return to profitable growth. The AGM approved all items on the agenda with a large majority.

Donglim Shin, CEO of Allane SE: "With 'FAST LANE 27' we want to generate additional added value for our customers, partners, employees, and investors and take advantage of further growth opportunities. Therefore, we have put together a comprehensive package of measures that includes new offers and services as well as the expansion of our business model. With this, we are convinced that we are laying the foundation for sustainable growth.”

Back on the fast track with "FAST LANE 27”
The new strategic direction of the Allane Mobility Group lays the foundation for becoming the leading mulit-brand provider of comprehensive mobility solutions in Europe in the long term. The focus of "FAST LANE 27" is on the strategic realignment of the business model. Among other things, the established three business pillars with Captive Leasing and On-Site Retail are to be expanded by a fourth and a fifth pillar. Captive Leasing is currently in the pilot phase. At its core is a leasing portal developed by Allane Mobility Group that allows manufacturers to market their vehicles to customers through their own dealer network. Since the third quarter of 2021, Allane Mobility Group has been testing the portal with Hyundai and Kia, which will also open up new expansion opportunities in foreign markets such as the Netherlands, Spain or Italy in the medium term. In the longer term, the company does not rule out further cooperations with other manufacturers. For On-Site Retail (autohaus24), the fifth business pillar, the Allane Mobility Group plans to further develop what is currently the largest independent used car dealer in Germany into a comprehensive mobility hub for car-related products and services. In addition to buying a car, customers will also be able to have used cars reconditioned, trade in vehicles or take out suitable insurance policies.