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Item 9A. Controls and Procedures

2026-02-26 compared with 2025-02-18 · 159 added, 129 removed, 536 unchanged (35% of the section changed)

26 unchanged sentences

A copy of the Company’s Insider Trading Policy is filed as Exhibit 19.1 to this 2025 Annual Report.

The information required by Item 10 as set forth under “Delinquent Section 16(a) Reports” in the definitive proxy statement relating to the 2026 Annual Meeting of Stockholders of Hertz Global is incorporated by reference.

The information required by Item 10 with respect to Hertz Global, other than the executive officers of Hertz Global, which information is contained in Part 1 of this 2025 Annual Report, is incorporated by reference to the definitive proxy statement relating to the 2026 Annual Meeting of Stockholders of Hertz Global.

1 unchanged sentence

As disclosed in the Explanatory Note to this 2025 Annual Report, Hertz Global indirectly owns 100% of the common stock of Hertz.

As a wholly owned subsidiary, Hertz is not a listed company, is managed together with Hertz Global and is subject to Hertz Global’s policies and procedures.

As a wholly owned subsidiary, Hertz is not a listed company, it is managed together with Hertz Global and is subject to Hertz Global’s policies and procedures.

Directors and Executive Officers of Hertz

12 unchanged sentences

Although the Hertz Board has not designated any of its members as an audit committee financial expert, Mr.

Haralson, who serves as Hertz Global’s Executive Vice President and Chief Financial Officer, is a member of the Board of Hertz and meets the requirements under SEC rules and regulations for an “audit committee financial expert.”

Haralson, who serves as Hertz Global’s Executive Vice President and Chief

HERTZ GLOBAL HOLDINGS, INC.

1 unchanged sentence

THE HERTZ CORPORATION AND SUBSIDIARIES

Financial Officer, is a member of the Board of Hertz and meets the requirements under SEC rules and regulations for an “audit committee financial expert.”

EXECUTIVE COMPENSATION

85 unchanged sentences

Third Amended and Restated Bylaws of Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 3.

1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

41 unchanged sentences

Hertz Holdings

Third Supplemental Indenture 12.625% First Lien Senior Secured Notes due 2029, dated as of December 12, 2024, by and among The Hertz Corporation, as Issuer, the guarantors party thereto and Computershare Trust Company, N.A., as trustee and as notes collateral agent (incorporated by reference to Exhibit 4.

3 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

10 unchanged sentences

001-07541), as filed on December 13, 2024).

Indenture, dated September 29, 2025, among The Hertz Corporation, as Issuer, the Guarantors party thereto and Computershare Trust Company, N.A., as Trustee, governing the 5.500% Senior Notes due 2030 (incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on September 29, 2025).

HERTZ GLOBAL HOLDINGS, INC.

14 unchanged sentences

001-07541), as filed on August 1, 2024).

4.7 Hertz Holdings Hertz Amended and Restated Series 2021-1 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.5 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

4.8 Hertz Holdings Hertz Amended and Restated Series 2021-2 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.6 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

Hertz Amendment No.

3 to Second Amended and Restated Series 2021-A Supplement, dated as of May 8, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, Deutsche Bank AG, New York Branch, as program agent, the several committed note purchasers party thereto, the several conduit investors party thereto, the several funding agents for the investor groups party thereto and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

4.9 Hertz Holdings Hertz Amended and Restated Series 2022-1 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.7 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-07541), as filed on May 9, 2025).

Hertz Amendment No.

4 to Second Amended and Restated Series 2021-A Supplement, dated as of June 27, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, Deutsche Bank AG, New York Branch, as program agent, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

4.10 Hertz Holdings Hertz Amended and Restated Series 2022-2 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.8 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-07541), as filed on June 30, 2025).

Hertz Third Amended and Restated Series 2021-A Supplement, dated as of August 29, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, Deutsche Bank AG, New York Branch, as program agent, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.

2 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

001-07541) as filed November 4, 2025).

4.9 Hertz Holdings Hertz Amended and Restated Series 2021-2 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.6 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

12 unchanged sentences

001-07541), as filed on February 12, 2024).

4.12 Hertz Holdings Hertz Amended and Restated Series 2022-4 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.10 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

4.13 Hertz Holdings Hertz Amended and Restated Series 2022-5 Supplement, dated as of October 20, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.11 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

Hertz Holdings Hertz Series 2023-1 Supplement, dated as of March 2, 2023, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

20 unchanged sentences

001-07541), as filed on July 26, 2024).

Hertz Holdings

Master Motor Vehicle Operating Lease and Servicing Agreement dated as of June 29, 2021, among Hertz Vehicle Financing III LLC, as lessor, The Hertz Corporation, as a lessee, servicer and guarantor, DTG Operations, Inc., as a lessee, and those permitted lessees from time to time party thereto (incorporated by reference to Exhibit 10.8 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 7, 2021).

Hertz Holdings Hertz Amendment No.

1 dated June 27, 2022 to Master Motor Vehicle Operating Lease and Servicing Agreement dated as of June 29, 2021, among Hertz Vehicle Financing III LLC, as lessor, The Hertz Corporation,, as a lessee, servicer and guarantor, DTG Operations, Inc.

as lessee, and those permitted lessees from time to time party thereto (incorporated by reference to Exhibit 10.4 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 28, 2022).

HERTZ GLOBAL HOLDINGS, INC.

4 unchanged sentences

4.20 Hertz Holdings

Administration Agreement, dated as of June 29, 2021, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.9 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

Series 2025-1 Supplement, dated as of March 12, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 7, 2021).

001-07541), as filed on March 12, 2025).

4.21 Hertz Holdings

Amended and Restated Issuer Facility Agreement, as amended and restated on September 22, 2023, by and among International Fleet Financing No.

2 B.V., Hertz Europe Limited, Credit Agricole Corporate and Investment Bank, certain committed note purchasers, conduit investors and funding agents named therein, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K/A of Hertz Global Holdings, Inc.

Series 2025-2 Supplement, dated as of March 12, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on September 26, 2023).

001-07541), as filed on March 12, 2025).

4.22 Hertz Holdings

Amendment Deed dated April 16, 2024 relating to the amendment of the (i) Issuer Facility Agreement originally dated 25 September 2018 (and as amended on 8 November 2019, 23 December 2020, 29 April 2021, 21 December 2021, 20 December 2022 and 22 September 2023);

and (ii) Master Definitions and Constructions Agreement originally dated 25 September 2018 (and as amended on 8 November 2019, 23 December 2020 and as further amended and restated on 29 April 2021, 21 December 2021, 21 June 2022, 20 December 2022 and 22 September 2023), entered into by and among, inter alia, International Fleet Financing No.

2 B.V., Wilmington Trust SP Services (Dublin) Limited, Hertz Automobielen Nederland B.V., Stuurgroep Fleet (Netherlands) B.V., Stuurgroep Holland B.V., Stuurgroep Fleet (Netherlands) B.V.

Sucursal En Espana, Hertz France S.A.S., RAC Finance S.A.S., Hertz De Espana SLU, Hertz Autovermietung GMBH, Hertz Fleet Limited, Eurotitrisation S.A., BNP Paribas, BNP Paribas, Italian Branch, BNP Paribas S.A., Hertz Italiana S.R.L., IFM SPV S.R.L., Hertz Fleet Italiana S.R.L., Credit Agricole Corporate and Investment Bank, Hertz Europe Limited, The Hertz Corporation, BNP Paribas, Luxembourg Branch, TMF SFS Management BV, TMF France Management SARL, TMF France SAS, KPMG Advisory SAS, BNP Paribas Trust Corporation UK Limited, BNP Paribas S.A., Dublin Branch, BNP Paribas S.A., Netherlands Branch, Banca Nazionale Del Lavoro S.P.A., Sanne Trustee Services Limited, certain committed note purchasers, conduit investors and funding agents named therein, Hertz Holdings Netherlands 2 B.V.

and Hertz International Limited (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

Series 2025-3 Supplement, dated as of June 30, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on April 22, 2024).

001-07541), as filed on June 30, 2025).

4.23 Hertz Holdings

Amended and Restated Issuer Facility Agreement as amended and restated on June 26, 2024, by and among International Fleet Financing No.

Limited (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

Series 2025-4 Supplement, dated as of June 30, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

1 unchanged sentence

4.24 Hertz Holdings

Amended and Restated Performance Guarantee and Indemnity Deed, dated as of December 20, 2022, by and among The Hertz Corporation, Stuurgroep Fleet (Netherlands) B.V., RAC Finance S.A.S., Hertz Fleet Limited, Stuurgroep Fleet (Netherlands) B.V., Sucursal en Espana, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

Series 2025-5 Supplement, dated as of December 5, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

1 unchanged sentence

4.25 Hertz Holdings

Amended and Restated Performance Guarantee and Indemnity Deed, dated as of June 26, 2024, by and among The Hertz Corporation, Stuurgroep Fleet (Netherlands) B.V., RAC Finance S.A.S., Hertz Fleet Limited, Stuurgroep Fleet (Netherlands) B.V., Sucursal en Espana, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

Series 2025-6 Supplement, dated as of December 5, 2025, among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on June 28, 2024).

001-07541), as filed on December 5, 2025).

4.26 Hertz Holdings

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 7, 2021).

4.26.1 Hertz Holdings Hertz Amendment No.

as lessee, and those permitted lessees from time to time party thereto (incorporated by reference to Exhibit 10.4 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 28, 2022).

4.27 Hertz Holdings

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 7, 2021).

HERTZ GLOBAL HOLDINGS, INC.

4 unchanged sentences

4.28 Hertz Holdings

Amended and Restated Dutch Master Lease and Servicing Agreement, amended and restated on September 22, 2023, by and among Stuurgroep Fleet (Netherlands) B.V., Hertz Automobielen Nederland B.V., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.4 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated Issuer Facility Agreement as amended and restated on May 9, 2025, by and among International Fleet Financing No.

Limited (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on October 26, 2023).

001-07541), as filed on May 9, 2025).

4.29 Hertz Holdings

Amended and Restated Dutch Master Lease and Servicing Agreement, amended and restated on June 26, 2024, by and among Stuurgroep Fleet (Netherlands) B.V., Hertz Automobielen Nederland B.V., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.8 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated Issuer Facility Agreement, as amended and restated on July 17, 2025, by and among International Fleet Financing No.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on August 1, 2024).

001-07541), as filed on July 17, 2025).

4.3 Hertz Holdings

Amended and Restated French Master Lease and Servicing Agreement, amended and restated on September 22, 2023, by and among RAC Finance SAS., Hertz France SAS., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.5 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on October 26, 2023).

Hertz Holdings Hertz Amended and Restated French Master Lease and Servicing Agreement, amended and restated on June 26, 2024, by and among RAC Finance SAS., Hertz France SAS., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.9 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on August 1, 2024).

Hertz Holdings Hertz Amended and Restated German Master Lease and Servicing Agreement, amended and restated on September 22, 2023, by and among Hertz Fleet Limited, Hertz Autovermietung GMBH, those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.6 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated Master Definitions and Constructions Agreement as amended and restated on May 9, 2025, by and among International Fleet Financing No.

2 B.V., Hertz Automobielen Nederland B.V., Stuurgroep Fleet (Netherlands) B.V., Hertz France S.A.S., RAC Finance S.A.S., Hertz De Espana SLU, Hertz Autovermietung GMBH, Hertz Fleet Limited, Eurotitrisation S.A., BNP Paribas, BNP Paribas, Italian Branch, BNP Paribas S.A., Hertz Italiana S.R.L., IFM SPV S.R.L., Hertz Fleet Italiana S.R.L., Credit Agricole Corporate and Investment Bank, Hertz Europe Limited, The Hertz Corporation, BNP Paribas, Luxembourg Branch, TMF SFS Management BV, TMF France Management SARL, TMF France SAS, KPMG Advisory SAS, BNP Paribas Trust Corporation UK Limited, BNP Paribas S.A., Dublin Branch, BNP Paribas S.A., Netherlands Branch, Banca Nazionale Del Lavoro S.P.A., Sanne Trustee Services Limited, certain committed note purchasers, conduit investors and funding agents named therein, Hertz Holdings Netherlands 2 B.V.

and Hertz International Limited (incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on October 26 , 202 3 ).

001-07541), as filed on May 9, 2025).

4.31 Hertz Holdings

Amended and Restated German Master Lease and Servicing Agreement, amended and restated on June 26, 2024, by and among Hertz Fleet Limited, Hertz Autovermietung GMBH, those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.10 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated Master Definitions and Constructions Agreement, as amended and restated on July 17, 2025, by and among International Fleet Financing No.

and Hertz International Limited (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on August 1, 2024).

001-07541), as filed on July 17, 2025).

4.32 Hertz Holdings

Italian Master Lease Agreement dated as of December 20, 2022, by and among IFM SPV S.R.L., Hertz Italiana S.R.L., those Permitted Lessees from time to time becoming Lessees thereunder, Hertz Fleet Italiana S.R.L., International Fleet Financing No.

2 B.V., and Banca Finanziaria Internationazionale S.P.A.

(incorporated by reference to Exhibit 4.14.5 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 7, 2023).

001-07541), as filed on June 28, 2024).

4.33 Hertz Holdings

Amended and Restated Italian Master Lease Agreement, amended and restated on June 26, 2024, by and among IFM SPV S.R.L., Hertz Italiana S.R.L., those Permitted Lessees from time to time becoming Lessees thereunder, Hertz Fleet Italiana S.R.L., International Fleet Financing No.

2 B.V., and Banca Finanziaria Internationazionale S.P.A.

(incorporated by reference to Exhibit 10.11 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated Dutch Master Lease and Servicing Agreement, amended and restated on May 9, 2025, by and among Stuurgroep Fleet (Netherlands) B.V., Hertz Automobielen Nederland B.V., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.8 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

6 unchanged sentences

4.34 Hertz Holdings

Amended and Restated Spanish Master Lease and Servicing Agreement, amended and restated on September 22, 2023, by and among Stuurgroep Fleet (Netherlands) B.V., Stuurgroep Fleet (Netherlands) B.V., Sucursal en Espana, Hertz de Espana, S.L.U., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.7 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated French Master Lease and Servicing Agreement, amended and restated on May 9, 2025, by and among RAC Finance SAS., Hertz France SAS., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.9 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on October 26, 2023).

001-07541), as filed on August 7, 2025).

4.35 Hertz Holdings

Amended and Restated Spanish Master Lease and Servicing Agreement, amended and restated on June 26, 2024, by and among Stuurgroep Fleet (Netherlands) B.V., Stuurgroep Fleet (Netherlands) B.V., Sucursal en Espana, Hertz de Espana, S.L.U., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.12 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Amended and Restated German Master Lease and Servicing Agreement, amended and restated on May 9, 2025, by and among Hertz Fleet Limited, Hertz Autovermietung GMBH, those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.10 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on August 7, 2025).

Hertz Holdings Hertz Belgian Master Instalment Sale and Administration Agreement, dated June 26, 2024, by and among Stuurgroep Fleet (Netherlands) B.V., Hertz Belgium BV, those Permitted Instalment Purchasers from time to time becoming Instalment Purchasers thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.13 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

4.36 Hertz Holdings

Amended and Restated Italian Master Lease Agreement, amended and restated on May 9, 2025, by and among IFM SPV S.R.L., Hertz Italiana S.R.L., those Permitted Lessees from time to time becoming Lessees thereunder, Hertz Fleet Italiana S.R.L., International Fleet Financing No.

2 B.V., and Banca Finanziaria Internationazionale S.P.A.

(incorporated by reference to Exhibit 10.11 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on August 7, 2025).

Hertz Holdings Hertz Amended and Restated Master Definitions and Constructions Agreement, amended and restated on September 22, 2023, by and among International Fleet Financing No.

2 B.V., Hertz Automobielen Nederland B.V., Stuurgroep Fleet (Netherlands) B.V., Hertz France S.A.S., RAC Finance S.A.S., Hertz De Espana SL, Hertz Autovermietung GMBH, Hertz Fleet Limited, Eurotitrisation S.A., BNP Paribas, BNP Paris, Italian Branch, BNP Paribas S.A., Hertz Italiana S.R.L., IFM SPV S.R.L., Hertz Fleet Italiana S.R.L., Credit Agricole Corporate and Investment Bank, Hertz Europe Limited, The Hertz Corporation, BNP Paribas, Luxembourg Branch, TMF SFS Management BV, TMF France Management SARL, TMF France SAS, KPMG Advisory SAS., BNP Paribas Trust Corporation UK Limited, BNP Paribas S.A., Dublin Branch, BNP Paribas S.A., Netherlands Branch, Banca Nazionale Del Lavoro S.P.A., Sanne Trustee Services Limited, certain committed note purchasers, conduit investors and funding agents named therein, Hertz Holdings Netherlands 2 B.V.

and Hertz International Limited (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K/A of Hertz Global Holdings, Inc.

4.37 Hertz Holdings

Amended and Restated Spanish Master Lease and Servicing Agreement, amended and restated on May 9, 2025, by and among Stuurgroep Fleet (Netherlands) B.V., Stuurgroep Fleet (Netherlands) B.V., Sucursal en Espana, Hertz de Espana, S.L.U., those Permitted Lessees from time to time becoming Lessees thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.12 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on September 26, 2023).

Hertz Holdings Hertz Amended and Restated Master Definitions and Constructions Agreement as amended and restated on June 26, 2024, by and among International Fleet Financing No.

and Hertz International Limited (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-07541), as filed on August 7, 2025).

4.38 Hertz Holdings

Amended and Restated Belgian Master Instalment Sale and Administration Agreement, amended and restated on May 9, 2025, by and among Stuurgroep Fleet (Netherlands) B.V., Hertz Belgium BV, those Permitted Instalment Purchasers from time to time becoming Instalment Purchasers thereunder, and BNP Paribas Trust Corporation UK Limited (incorporated by reference to Exhibit 10.13 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on June 28, 2024).

001-07541), as filed on August 7, 2025).

10.1 Hertz Holdings Hertz Tax Matters Agreement, dated June 30, 2016, by among Herc Holdings Inc., The Hertz Corporation, Herc Rentals Inc.

2 unchanged sentences

001-37665), as filed on July 7, 2016).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.2 Hertz Holdings Hertz Employee Matters Agreement, dated June 30, 2016, by and between Hertz Global Holdings, Inc.

2 unchanged sentences

001-37665), as filed on July 7, 2016).

10.3 Hertz Holdings Hertz Voting Agreement, dated as of March 24, 2025, by and between Hertz Global Holdings, Inc.

and CK Amarillo LP (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on March 24, 2025).

10.4 Hertz Holdings Hertz Stock and Asset Purchase Agreement by and between Hertz Global Holdings, Inc., Donlen Corporation, certain subsidiaries of Donlen Corporation and Freedom Acquirer LLC, dated November 25, 2020 (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

7 unchanged sentences

001-07541), as filed on July 7, 2021).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.6 Hertz Holdings

28 unchanged sentences

001-07541), as filed on May 13, 2022).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.7.5 Hertz Holdings Hertz Amendment No.

6 unchanged sentences

001-07541), as filed on July 27, 2023).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.7.7 Hertz Holdings Hertz Amendment No.

10 unchanged sentences

001-07541), as filed on August 1, 2024).

Hertz Holdings Hertz Note Purchase Agreement, dated as of June 19, 2024, among The Hertz Corporation and the several investors party thereto (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

10.7.10 Hertz Holdings Hertz Amendment No.

10, dated as of May 6, 2025, to Credit Agreement, dated as of June 30, 2021, by and among The Hertz Corporation, the subsidiary borrowers party thereto as borrowers from time to time, Rental Car Intermediate Holdings, LLC, the other guarantors party thereto, the lenders and issuing lenders party thereto and Barclays Bank PLC, as administrative agent (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on June 21, 2024).

001-07541), as filed on May 9, 2025).

Hertz Holdings

4 unchanged sentences

10.9 Hertz Holdings

Hertz Aircraft Time Sharing Agreement, dated as of April 22, 2022 between The Hertz Corporation and Stephen M.

Scherr (incorporated by reference to Exhibit 10.21 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on July 28, 2022).

Hertz Holdings

The Hertz Corporation Account Balance Defined Benefit Pension Plan (incorporated by reference to Exhibit 10.12 to Amendment No.

9 unchanged sentences

333-125764), as filed on August 30, 2005).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.11 Hertz Holdings

11 unchanged sentences

001-07541), as filed on November 2, 2021).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.14 Hertz Holdings

25 unchanged sentences

10.21 Hertz Holdings

Hertz Form of Capped Call Confirmation (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on September 29, 2025).

Hertz Holdings

Hertz Amended and Restated Performance Stock Unit Agreement, dated as of April 7, 2025, by and between Hertz Global Holdings, Inc.

and Gil West (incorporated by reference to Exhibit 10.4 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on May 12, 2025).

10.23 Hertz Holdings

Hertz Amended and Restated Performance Stock Unit Agreement, dated as of April 7, 2025, by and between Hertz Global Holdings, Inc.

and Scott Haralson (incorporated by reference to Exhibit 10.5 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on May 12, 2025).

Hertz Holdings

Hertz Amended and Restated Performance Stock Unit Agreement, dated as of April 7, 2025, by and between Hertz Global Holdings, Inc.

and Sandeep Dube (incorporated by reference to Exhibit 10.6 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on May 12, 2025).

10.25 Hertz Holdings

Hertz 2021 Hertz Global Holdings, Inc.

Severance Plan for Senior Executives, amended and restated as of December 11, 2023.

Severance Plan for Senior Executives, amended and restated as of December 11, 2023 (incorporated by reference to Exhibit 10.22 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 18, 2025).

10.26 Hertz Holdings

3 unchanged sentences

001-07541), as filed on August 1, 2024).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.27 Hertz Holdings

8 unchanged sentences

001-07541), as filed on March 18, 2024).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

10.29 Hertz Holdings

Hertz Offer Letter between Colleen Batcheler and Hertz Global Holdings, Inc.

dated April 4, 2022 (incorporated by reference to Exhibit 10.25 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

Offer Letter, dated June 28, 2024, between Sandeep Dube and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.4 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 7, 2023).

001-07541), as filed on November 12, 2024).

10.30 Hertz Holdings

Offer Letter between Eric Leef and Hertz Global Holdings, Inc.

dated September 2, 2020 (incorporated by reference to Exhibit 10.28 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

Offer Letter, dated June 25, 2024, between Katherine Lee Martin and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.5 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 7, 2023).

001-07541), as filed on November 12, 2024).

10.31 Hertz Holdings

Offer Letter between Alexandra Brooks and Hertz Global Holdings, Inc.

dated July 25, 2023 (incorporated by reference to Exhibit 10.9 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Offer Letter, dated December 11, 2024, between Christopher G.

Berg and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.14 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on October 26, 2023).

001-07541), as filed on August 7, 2025).

10.32 Hertz Holdings

Offer Letter between Justin Keppy and Hertz Global Holdings, Inc.

dated October 1 2 , 2023 (incorporated by reference to Exhibit 10.25 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

Offer Letter, dated September 29, 2025, between Christopher G.

Berg and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.7 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on February 12, 2024).

001-07541), as filed on November 4, 2025).

10.33 Hertz Holdings

Separation Agreement and General Release of All Claims, entered on June 6, 2024, by and among Justin Keppy, Hertz Global Holdings, Inc.

and The Hertz Corporation (incorporated by reference to Exhibit 10.17 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Offer Letter, dated September 29, 2025, between Michael Moore and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.6 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on August 1, 2024).

001-07541), as filed on November 4, 2025).

10.34 Hertz Holdings

Offer Letter, dated June 28, 2024, between Sandeep Dube and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.

4 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Offer Letter, dated July 31, 2025, between Mark Kosman and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.5 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

1 unchanged sentence

10.35 Hertz Holdings

Offer Letter, dated June 25, 2024, between Katherine Lee Martin and Hertz Global Holdings, Inc.

(incorporated by reference to Exhibit 10.

5 to the Quarterly Report on Form 10-Q of Hertz Global Holdings, Inc.

Offer Letter between Eric Leef and Hertz Global Holdings, Inc., dated September 2, 2020 (incorporated by reference to Exhibit 10.28 to the Annual Report on Form 10-K of Hertz Global Holdings, Inc.

001-37665) and The Hertz Corporation (File No.

001-07541), as filed on November 12 , 2024).

001-07541), as filed on February 7, 2023).

10.36 Hertz Holdings

Offer Letter, dated October 17, 2025, between Jyoti Chopra and Hertz Global Holdings, Inc.

10.37 Hertz Holdings

Offer Letter, dated October 9, 2025, between Piero Bussani and Hertz Global Holdings, Inc.

10.38 Hertz Holdings

Relocation Offer Letter dated December 11, 2025, between Piero Bussani and Hertz Global Holdings, Inc.

Hertz Holdings

Insider Trading Policy.

6 unchanged sentences

Certification of Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

31.2 Hertz Holdings

17 unchanged sentences

001-07541), as filed on February 12, 2024).

HERTZ GLOBAL HOLDINGS, INC.

AND SUBSIDIARIES

THE HERTZ CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX (Continued)

Exhibit Number Description

Hertz Holdings

56 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 9A. Controls and Procedures