In light of the COVID-19 epidemic and in accordance with Order No. 2020 - 1497 of December 2, 2020, this Extraordinary Shareholders’ Meeting will be held on January 20, 2021 at 3pm, at the Company’s headquarters, 13 ter boulevard Berthier, 75017 Paris, without the physical presence of its shareholders, in closed session.

Please use the tools available to vote online (via the secure VOTACCESS website), or by postal or proxy voting form or give proxy to the Chairman of the meeting or to another person. It will not be possible to apply for an admission card.

In accordance with the French financial markets authority recommendation, the shareholders meeting will be webcasted on the Company’s website, in this section: 

https://channel.royalcast.com/europcar/#!/europcar/20210121_1.
The webcast will then be available in free access on the Company’s website, in the same section.

 

FOR FURTHER INFORMATION, PLEASE CLICK HERE

Debt Structure

As of 31 December 2019, Corporate Net Debt to EBITDA at 3x before Fox acquisition, 3.2x after Fox acquisition

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Focus on fleet financing

With respect to the fleet debt, that the Group considered to be asset backed, the different financings have been optimized since July 2014 with increased maturities and reduced interest costs. In addition, the Group is protected against the risk of increasing interest rates by two interest rate swap agreements with an aggregate nominal principal amount of €1,600 million.

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