Avis Values and Vision

Our Values

The following statements encapsulate our beliefs and values and our approach to doing business throughout our operating territories.

Business Ethics

We believe it is in the interest of our shareholders, our customers and our employees that we maintain a highly acceptable public image supporting a progressively profitable company. Honesty, integrity and fairness are an integral basis of our total philosophy.

Customers

We believe in providing consistently high standards of integrity, service, quality and value in satisfying customer needs. This operating ethos maintains our industry leadership and retains the loyalty and respect of our customers.

Employees

We aim to stimulate duty, mutual loyalty and a sense of pride in working for Avis through employee involvement at all levels, continuous updating of knowledge and skills and attractive and competitive recognition and reward systems. We believe that employees should be actively encouraged to grow and develop their careers with Avis and we always seek first to appoint candidates from within the Company to fill positions at every level - both nationally and internationally. To this end, we will provide the environment to help employees improve and develop themselves.

Avis We Try Harder Ethos

We believe that sustainable competitive advantage comes from out innovating the competition continuously. In achieving this we look for continuous improvement, no matter how small, in everything we do and at the same time quantum improvement in the way we do business. We will never hesitate to adapt to new and more profitable ways of working provided that the integrity and honesty we apply to our business is not compromised. We actively encourage a ?try harder? and ?can do? mentality and operate a climate of TRUST at all levels. The only mistake is not to try something.

Community

We operate as responsible members of the community and within the laws of the countries within which we do business. We recognise and respect the attitudes, characteristics and customs of local populations.

We regard efficiency as central to our whole business philosophy and we continuously search for means to reduce the cost of delivering a better product for the customer.

Our Vision

Avis is a leading car rental company in Europe, Africa, the Middle East and Asia. Our aim is to be the most valued and successful vehicle rental company in our markets, for our customers, our employees and our shareholders and to this end Avis is a dynamic global organisation perpetually trying harder and committed to delivering the very highest levels of service through continuous investment in our six strategic priorities:

• Customer Satisfaction
• Cost Efficiency
• Brand Leadership
• Employee Satisfaction
• Profitable Growth
• People Development