Swisscom info and facts

Sixt Leasing (Switzerland) Ltd takes over SXB Managed Mobility Ltd.

Urdorf, 30 August 2016

Sixt Leasing (Switzerland) Ltd acquired the remaining 50% of SXB Managed Mobility Ltd. The company bought Business Fleet Management AG, which is a 100 % daughter company of Swisscom. The move will allow Sixt Leasing (Switzerland) Ltd to develop its overall mobility strategy even more effectively. There are no changes in store for customers of SXB Managed Mobility Ltd. Swisscom will remain a customer of SXB Managed Mobility.

The acquisition represents a consolidation of the Sixt Leasing (Switzerland) Ltd service portfolio. It is thereby increasing its focus on the sector and strengthening the comprehensive, personal and bespoke service it offers its customers. The parties to the transaction have agreed not to disclose any information on the purchase price.

Swisscom will remain a customer of SXB Managed Mobility Ltd. The cooperation between Swisscom and SXB Managed Mobility Ltd shall continue as before. Stefan Reber, Chief Executive of Business Fleet Management AG: “SXB Managed Mobility Ltd shall continue to act as partner for the Swisscom vehicles fleet with responsibility, in particular, for vehicle maintenance, claims management and firstlevel support for all Swisscom employees entitled to a vehicle from our fleet.”

What happens next

SXB Managed Mobility Ltd will still be located at the established premises of Sixt Leasing in Urdorf. Sixt Leasing (Switzerland) Ltd will also retain the service portfolio and the existing, experienced staff team. With the termination of the joint venture and the company’s full integration within Sixt Leasing, Heike Arnold, the former chief executive, will be leaving the company.

Dirk Fuchs, Chief Executive of Sixt Leasing (Switzerland) Ltd: “With the complete takeover it will bring clear added value for our customers. Fleet customers are increasingly looking for a mobility partner who is also able to provide consultancy services in addition to fleet management and driver assistance. This full integration with the parent company gives us the benefit of international experience and the opportunity to assist our customers more intensively with their projects moving forward: whether by cutting costs, optimising processes and quality or reducing CO2 emissions. I am delighted that Swisscom is to remain one of our major customers.”

About Sixt Leasing SE

Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For about 50 years the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).

In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.

Since 7 May 2015 the shares of Sixt Leasing SE are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.

About Swisscom Ltd

Swisscom is Switzerland’s leading telecommunications company and one of its leading IT companies. Outside of Switzerland, Swisscom has a strong presence in Italy primarily. Its subsidiary, Fastweb, is one of Italy's biggest broadband operators. In the first quarter of 2016, Swisscom, which has a workforce of more than 21,600 employees, reported revenue of CHF 2.89 billion. Swisscom is one of the most sustainable companies within Switzerland and Europe.