Comunicado ao Mercado - Webcast 3T21

RENTAL HIGHLIGHTS

Revenue - Car Rental

R$ million, including royalties

1.163,7

54.1%

755,3

3Q203Q21

Average rental rate (in R$) and utilization rate (%)

Car Rental

75,9%81,3%

Revenue - Fleet Rental

R$ million

14.7%	302,7
264,0

3Q203Q21

Average rental rate (in R$) and utilization rate (%)

Fleet Rental

97,8%97,9%

37.8%

92,0

8.4%

66,8

53,9

58,4

3Q203Q21

Rental rate - R$

Utilization

3Q203Q21

Rental rate - R$

Utilization

2

FINANCIAL HIGHLIGHTS

Net revenues

R$ million

-9.6%

3.067,6

2.772,2

-36.1%

2.044,3 1.305,8

43.3%

EBITDA

R$ million

83.1%

1.186,7

648,1

1.023,3

1.466,4

3Q203Q21

Rental		Used car sales

EBIT

R$ million

112.2%

1.068,8

503,6

3Q203Q21

3Q203Q21

Net income

R$ million

106.3%

671,4

325,5

3Q203Q21

STRONG LEVELS OF PROFITABILITY WHILE THE FOCUS IS ON ADEQUATE ASSET MANAGEMENT AND CAPITAL ALLOCATION

3

CAR RENTAL

Number of rental days

in thousands

46.746	50.447		8.7%
35.285		36.461	39.638
25.264				11.0%
18.662
			12.494	13.865

2016

2017

2018

2019

2020

9M20

9M21

3Q20

3Q21

Net revenues

R$ million, including royalties

3.048,6	3.145,0	45.0%	3.073,6
2.536,5		2.119,2
1.865,0
1.445,0			54.1%	1.163,7
			755,3

2016

2017

2018

2019*

2020

9M20

9M21

3Q20

3Q21

(*) From 2019 the Company begun to record PIS and COFINS credits in SG&A. Before, those credits were recorded as a reduction of sales taxes.

GROWTH RESUMPTION, EVEN IN A CONTEXT OF LIMITED CAR SUPPLY	4

CAR RENTAL

5.4p.p.

78,0%	78,6%	79,6%	79,1%	75,9%	81,3%
				73,5%

37.8%

92,0

79,7	75,2	72,9	71,6	68,5	66,8

2016	2017	2018	2019	2020	3Q20	3Q21
			Rental rate - R$		Utilization

UTILIZATION RATE ABOVE 81%, WHILE PRICE MANAGEMENT AND SEGMENT MIX CONTRIBUTE TO INCREASING AVERAGE DAILY RATE. AS A RESULT, RAC'S NET REVENUE PRESENTS STRONG GROWTH.

5