Green Mobility Holding S.A., a bidder consortium consisting of Volkswagen, Attestor and Pon Holdings, today announced the initial result of the takeover offer for the shares of Europcar Mobility Group, as published by the French financial market authority (AMF). At the expiry of the initial acceptance period on June 10, 2022, a total of 4,382,557,662 shares of Europcar Mobility Group, representing 87.38 percent of the share capital and at least 87.36 percent of the voting rights of the company, have been tendered. Hence, the minimum acceptance threshold for the offer of 67 percent has been reached. The settlement-delivery of the shares tendered to the initial acceptance period with the payment of the offer price of EUR 0.50 per tendered share will take place on June 22, 2022