Update following FCA announcement regarding redress scheme on UK Motor Finance

Core Insights - Ayvens has acknowledged the FCA consultation regarding UK Motor Finance Commissions and the proposed redress scheme, indicating that its provisions for potential liabilities are deemed sufficient in its 2024 financial statements [1][2] - The company will continue to monitor the developments from the FCA consultation and adjust its estimates as necessary [2] Company Overview - Ayvens is a prominent global player in sustainable mobility, offering services such as full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to a diverse clientele including large corporations, SMEs, professionals, and private individuals [2] - The company employs over 14,000 staff across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet, positioning itself as a leader in the transition to net zero and digital transformation in the mobility sector [3] - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and ticker AYV, and is majority-owned by Societe Generale Group [3]