Transcription

CODE of CONDUCTENTERPRISE HOLDINGS

LET TE Rfrom our C HIE F EXECU TI V E OF FICE RSINCE 1957, ENTERPRISE HOLDINGS’ EMPLOYEES HAVEEXCEEDED CUSTOMERS’ EXPECTATIONS BY BUILDINGRELATIONSHIPS ONE HANDSHAKE AT A TIME AND ONEKEPT PROMISE AT A TIME.Our organization is only as strong as the reputation that each of us maintains in theminds of customers, business partners, vendors, and employees. That is why we havemade holding ourselves to the highest standards of business ethics and conduct thepersonal responsibility of every employee. It is one of our founding values.The principles articulated in this Code of Conduct shine through in our culture,and they will not change. We communicate these timeless principles to employeeseach year because they remain fundamental to everything we say and do. We striveto demonstrate these principles every day. That may not always be easy, but youshould understand that no financial objective outweighs our commitment to ethics,integrity, and compliance with applicable law. If you find yourself in a difficult situationwhere the right choice isn’t clear, ask your supervisor for guidance. You can alsospeak to another resource listed in this Code, or call the Ethics Hotline. You willnever experience retaliation for asking a question or reporting a concern.The commitment, integrity, and hard work of all employees have made EnterpriseHoldings the No. 1 total transportation provider in the world. Our values of respect,dignity, and customer service have fueled our success—and those values providethe foundation we will build upon for years to come.CHRISSY TAYLORPRESIDENT AND CHIEF EXECUTIVE OFFICEREnterprise Holdings, Inc., owns a network of regional subsidiaries in the United States which operate the Enterprise Rent-A-Car,National Car Rental and Alamo Rent A Car brands, as well as Enterprise Car Sales, and Enterprise Car and Ride Sharing. In therest of the world, Enterprise Holdings, Inc., owns international subsidiaries that similarly operate a portfolio of car rental brandsthrough an integrated global network of regional subsidiaries and franchises. Additionally, Enterprise Holdings, Inc.’s affiliate,Enterprise Fleet Management, Inc., operates a fleet management and leasing business in the United States and its subsidiarysimilarly operates this business in Canada. This Code of Conduct (Code), and the policies and principles underlying it, have beenadopted by Enterprise Holdings, Inc., Enterprise Fleet Management, Inc., and, individually, by management of each subsidiarycompany. The word ”Company,” where used in the Code, refers to Enterprise Holdings, Inc., Enterprise Fleet Management, Inc.,and/or, in their individual capacities, each subsidiary company.

ourFOU N DING VA LUE SOU R BR A N DS are the most valuable thing we own.PE R SONA L HON E ST Y A N D I N TEGR IT Yare the foundation of our success.CUSTOME R SE RV ICE is our way of life.Our company is a fun and friendly place whereTE A M WOR K RU L E S.We work hard. and W E R E WA R D H A R D WOR K .GR E AT T HI NGS H A PPE N W HE N W E LISTE N.to our customers and to each other.W E ST R E NGT HE N OU R COMM U N ITIE S,one neighborhood at a time.Our doors are OPE N.THE VALUES THAT DEFINE US AND DRIVE US1

TA B L E of C ONTE NT SUpholding our standards on integrity.The foundation of our success.INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . 3HONESTY AND INTEGRITY . . . . . . . . . . . . 8Why We Have a Code of Conduct. . . . . . 3Who Should Follow The Code? . . . . . . . . 3We Keep Honest and AccurateBooks and Records. . . . . . . . . . . . . . . . . . 8What Laws Must WeKnow and Follow?. . . . . . . . . . . . . . . . . . . 4How We Respond to Inquiriesfrom the Media . . . . . . . . . . . . . . . . . . . . . 8Obligations of Supervisors. . . . . . . . . . . . 4We Avoid Conflicts of Interest. . . . . . . . . . 9What Are the Consequencesof Code of Conduct Violations?. . . . . . . . 4We Comply with Anti-Corruption Laws. . 11Great things happen whenwe listen to each other.Insider Trading. . . . . . . . . . . . . . . . . . . . . 12We Comply with Competition Laws. . . . 12We Protect Company Assetsand Information. . . . . . . . . . . . . . . . . . . . 13REPORTING VIOLATIONS . . . . . . . . . . . . . . 5How to Report Concerns andWhere to Go for Guidance . . . . . . . . . . . . 5How We Investigate Reports. . . . . . . . . . . 5Customer service is our way of life.SERVICE . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6We Provide Quality Productsand Services. . . . . . . . . . . . . . . . . . . . . . . 6We Deal Fairly with Customersand Suppliers . . . . . . . . . . . . . . . . . . . . . . 6We Represent Our CompanyFairly and Accurately. . . . . . . . . . . . . . . . . 7We Protect Third-Party Information . . . . . 7Our Procedures for Workingwith Government Customers . . . . . . . . . . 7Our doors are always open.TEAMWORK . . . . . . . . . . . . . . . . . . . . . . . . 14We Uphold Respect in Our Workplace. . 14We Value the Safety andHealth of Employees. . . . . . . . . . . . . . . . 14We Support Fair andJust Employment Practices . . . . . . . . . . 15We Use CompanyComputer Systems Properly. . . . . . . . . . 15We Respect Employee Privacy. . . . . . . . 15Strengthening communities,one neighborhood at a time.LOCAL ENGAGEMENT . . . . . . . . . . . . . . . 16We Support Sustainability Practices. . . . 16We Support Charitable Causesand the Political Process. . . . . . . . . . . . . 16SUMMARY ANDACKNOWLEDGEMENT . . . . . . . . . . . . . . . 172ENTERPRISE HOLDINGSCODE of CONDUCT

INTRODUCTIONUpholding our standards on integrity.WHY WE HAVE ACODE OF CONDUCTWHO SHOULDFOLLOW THE CODE?The Code of Conduct explains the standards of integritywe are all expected to uphold in our daily businessinteractions. We all make decisions every day that shapeour work environment and the Company. In order tomaintain a positive environment for each other, exceedour customers’ expectations, and ensure the Company’scontinued success, we must understand and embracethe standards contained in the Code. Although not everysituation we encounter can be covered in these pages,this document is intended as a guideline for achievingand maintaining the highest ethical business practices.The Code applies to all of us regardless of our positionwithin the Company. All of us are expected to follow theprinciples outlined in the Code and Company policies, toact with integrity in all business transactions, and to treateach other with respect at all times. Doing what is right isa personal responsibility and must always be an integralpart of the Company’s mission. Additionally, we expectthat Company suppliers, business partners, consultants,and licensees and franchisees will follow similar principles.Our Supplier Code of Conduct and Franchisee Code ofConduct explain more about this expectation.Your own personal values and instincts should leadyou to the proper decisions, but if you are ever unsureabout the right course of action, it is best to ask yourimmediate supervisor for advice prior to making anydecision. As you work your way through difficult issues,keep these questions in mind:Is it legal?Is it the right thing to do?Can you justify it to your customers?your fellow employees?your supervisor?If the answer to any of these questions is “no,” or if youare not sure, seek appropriate advice before acting.We make decisionsevery day that shapeour work environment.3

INTRODUCTIONWHAT LAWS MUST WEKNOW AND FOLLOW?It is imperative that we always follow the law—whereverwe are located. Keep in mind that laws vary basedupon location, so if you are ever unsure about whethersomething is allowed, you should seek guidance beforetaking action. Additionally, each of us is expected toknow and follow all laws and regulations that specificallyapply to our jobs. If you are ever in a situation wherelocal law or custom is at odds with what is outlined inthe Code, follow the more stringent standard or seekclarification from your supervisor, your Compliance andEthics Committee, or the Corporate Compliance andEthics Department.OBLIGATIONS OF SUPERVISORSEmployees in leadership positions are expected todo just that—lead by example and promote an opendoor policy where employees feel comfortable raisingquestions or concerns. When employees bring issues totheir supervisors’ attention, those leaders are expectedto address concerns and resolve them appropriately. It isalso their obligation to monitor the business conduct ofthe employees who report to them to ensure compliancewith the Code. Finally, supervisors are required to makesure the employees who report to them are trained onthe Code and all relevant policies.It is especially important that supervisors promptly reportany known or suspected violation of the Code or the lawand never retaliate or ignore acts of retaliation againstothers. Supervisors who know—or should have known—about a violation but fail to report it may be subject todiscipline up to and including termination.WHAT ARE THECONSEQUENCES OFCODE OF CONDUCTVIOLATIONS?Violations of the Code may result in disciplinary actionup to and including termination. For violations of theCode that also break the law, the individuals involvedmay be subject to civil action or criminal prosecution.While certain sections of the Code point out the potentialconsequences of violations, be aware that the Companyretains the right to apply disciplinary action for anyact of misconduct.We alwaysfollow the law.4ENTERPRISE HOLDINGSCODE of CONDUCT

REPORTING VIOLATIONSGreat things happen whenwe listen to each other.HOW TO REPORTCONCERNS AND WHERETO GO FOR GUIDANCEOne of our Founding Values is “Great things happenwhen we listen to each other.” This means that each ofus should always feel comfortable coming forward andreporting concerns. If you have observed or suspect aviolation of the Code or the law, you are encouragedto report it to your immediate supervisor. If you areuncomfortable going to your immediate supervisor forany reason, consider contacting any of the resourceslisted below for guidance:Additionally, you may report concerns through the ethicshotline. A link to the hotline for online reporting, as well asa toll-free number for telephonic reporting, are availableon the intranet home page and HUB. Both servicesare monitored 24 hours a day, 365 days a year, by anindependent third-party provider. Both the website andthe toll-free number allow you to report anonymously,where allowed by law.Everyone is encouraged to report unethical or illegalbehavior. The Company will not tolerate retaliatory actstoward anyone who makes a report.Your next-level supervisorHOW WE INVESTIGATE REPORTSThe Human Resources DepartmentAll reports, however submitted, will be investigatedpromptly and thoroughly, and the Company will takecorrective action when warranted. Reports will behandled confidentially within the limits of the law.The Compliance and Ethics CommitteeEveryone is encouraged to reportunethical or illegal behavior.Report to your ImmediateSupervisor, Next-Level Supervisor,or Human ResourcesReport to the Complianceand Ethics CommitteeReport throughthe Ethics Hotline5

SERVICECustomer service is our way of life.WE PROVIDE QUALITYPRODUCTS AND SERVICESWE DEAL FAIRLY WITHCUSTOMERS AND SUPPLIERSOur customers trust us to provide properly maintained,reliable vehicles and uncompromising service across allof the Company’s brands. Therefore, we must complywith applicable laws, regulations, and internal processeswhen it comes to maintaining our fleet of vehicles. If youhave any concerns about the safety of our vehicles or thequality of our service, you should promptly report them.We build loyal, long-term relationships with our customers,business partners, and suppliers by treating them fairlyat all times. These relationships, sustained by personalhonesty and integrity, are the foundation of our success.Our dedication to fair dealing means that we provideonly honest and accurate information to our customersand business partners. We do not misrepresent facts orengage in unethical or illegal conduct.Additionally, we maintain customer trust by holdingCompany suppliers accountable for the quality andsafety of the products and services they provide tous. If you believe that a supplier is not meeting our highstandards of quality and safety, you are encouragedto report the situation.For more information, please refer toour Supplier Code of Conduct.We honor ourcommitmentsand keep ourpromises.6ENTERPRISE HOLDINGSCODE of CONDUCTWe maintain an uncompromising focus on customerservice—whether it is Enterprise Rent-A-Car’s attentive,personalized service, the price and efficient service ofAlamo, the speed and choice of offerings at National, orthe “no-haggle” pricing of Car Sales. Customers seekout—and stay with—our brands and services becausewe truly believe in and deliver on complete customersatisfaction every day. Our goal is to exceed everycustomer’s expectations.We deliver our products and services to customerswithout favoritism or discrimination. We do not solicittips, gratuities or other consideration for deliveringproducts and services. Just as importantly, we honor ourcommitments and keep our promises. We communicateclearly and immediately clarify misunderstandings. We willalways go the extra mile to ensure our customers’ loyalty.We have learned that when we truly listen to ourcustomers and understand their needs, they comeback. This leads to opportunities—from little ways toserve them better, to new lines of business that openup exciting growth prospects for the Company.

WE REPRESENT OUR COMPANYFAIRLY AND ACCURATELYThe Company believes in competing vigorously butfairly, which means that those of us involved in marketing,advertising, or sales must ensure that we only makeaccurate statements about our capabilities. We mustremain accurate and truthful when representing the quality,features, or availability of any of our products or services.WE PROTECTTHIRD-PARTY INFORMATIONOur customers, suppliers, and other business partnersfrequently entrust us with confidential information that weagree to protect from disclosure or misuse. This meanswe diligently abide by all non-disclosure or confidentialityagreements that apply to us. Our obligation to protectthis confidential information may continue even after ourrelationship with the third party or our employment ends.We also respect all third-party rights protected bycopyright, trade secret, patent, or other intellectualproperty laws. This means, in part, that we may notinstall or distribute software products on Companyowned computers that are not appropriately licensedfor such use. In addition, we may not make unauthorizedcopies of any copyrighted material.OUR PROCEDURESFOR WORKING WITHGOVERNMENT CUSTOMERSWhen working with government customers, we mustfollow certain laws and regulations that are often muchstricter and more complex than those that govern ourother business transactions. Be aware that violations ofthese rules can result in substantial fines, the loss of futuregovernment contracts, and even criminal prosecution forthe individuals involved and the Company.Specific rules apply to doing business with the U.S.Government. If your work involves marketing or sellingto, or contracting with or working on projects for, a U.S.Government agency, it is your responsibility to know andfollow the particular rules that apply. This section doesnot provide all of the information and guidance we needto ensure that we are complying with the law.Please refer to the U.S. Federal GovernmentHandbook for more information.For more information, refer to the PersonnelPolicies Summary.QJames tells customers that their regular carinsurance won’t cover damages to the rental vehicleif they’re in an accident. He knows that it reallydepends on each customer’s insurance policy,and that many customers actually are covered fordamage to a rental car.Still, this approach helps him sell more damagewaiver protection, so he decides to keep givingcustomers this information. Is this ok?ANo. James should not give customersinformation that he knows is potentiallymisleading, even if he thinks it is helpingthe bottom line.We have a responsibility to provide ourcustomers with accurate information aboutthe Company and its products. Doing so helpsus maintain strong relationships and generatelong-term business.7

HONESTY AND INTEGRITYThe foundation of our success.WE KEEP HONESTAND ACCURATE BOOKSAND RECORDSOur customers, suppliers, business partners, lendingsources, regulatory authorities, and fellow employeestrust us to report transactions and events in a clear,concise, truthful, timely, and accurate manner. Everyrecord and accounting entry must be accurate and maynot hide or disguise the true nature of any transaction.Every one of us, regardless of our position within theCompany, has an obligation to make sure that theinformation we record meets these standards. Ourfinancial records must conform to both generallyaccepted accounting practices and our own systemof internal controls.We each must do our part to make sure that theinformation we enter, such as that in time sheets,expense reports, and other reports, is accurate. Inaddition, we need to submit reports in a timely mannerand always include full and appropriate documentationwhen submitting contracts for processing or payment.You are encouraged to report any questions or concernsabout accurate books and records.We each have an obligation to cooperate with internaland external inquiries conducted by auditors, attorneys,investigators, or government agencies. Never destroy,alter, or hide a document in anticipation of or in responseto such a request, and do not destroy any documentpotentially covered by a request without the expressauthorization of the Legal Group. If you receive arequest for information from a government agency,as necessary or appropriate, notify the Legal Groupbefore providing any information.HOW WE RESPOND TOINQUIRIES FROM THE MEDIAIf you are contacted by a member of the media, youshould refer them to Corporate Communicationsat [email protected] and notify yoursupervisor. Doing so allows for a complete andconsistent message by the company.QProperly maintaining Companybooks and records is as importantas accurately creating them.We have established procedures for maintainingdocuments and files for required periods and destroyingthem when they are no longer needed. For moreinformation regarding our data-retention guidelines,reach out to your supervisor or Business Manager.From time to time, you may be notified aboutdocuments relevant to a pending, threatened,or anticipated litigation, investigation, or audit.8ENTERPRISE HOLDINGSCODE of CONDUCTStephanie’s branch is understaffed atthe moment. Her manager promisesthat it won’t last for long, but in themeantime, everyone needs to work—but not record—extra hours. Hepromises that he will make sureeveryone gets some extra time offto make up for it.Should Stephanie do as hermanager asks?ANo, Stephanie should accuratelyrecord all the hours she works.Her manager should not have madethis request. It is important for all theinformation we record for any purposeto be honest and accurate. Stephanieshould report the request made byher manager to the HumanResources Department.

QShantelle works at an Enterprise Car Salesdealership. The dealership has a contractwith a maintenance company that cleans thefacilities on a regular basis. When she reviewsan invoice from the maintenance company,Shantelle notices that they are billing theCompany at a lower hourly rate than theircontract specifies.Even though the lower rate would be savingthe dealership money, she decides to reachout to the maintenance company to pointout the error. Is she doing the right thing?AYes, she is.We need to follow the terms of allour contracts and make sure all invoices wereceive and payments we make are correct.WE AVOID CONFLICTSOF INTERESTA conflict of interest occurs when one’s personalinterests interfere with their ability to make unbiaseddecisions on behalf of the Company. When performingyour job, you should base your actions on soundbusiness judgment and not be motivated by personalgain. Any situation that creates or appears to createa conflict between your personal interests and thoseof the Company must be avoided. If you find yourselfconfronted with any of the situations described below,or if you are ever in doubt as to whether a businessrelationship is appropriate, you should bring the situationto your supervisor’s attention at once to determine thebest course of action. Remember, having a conflict ofinterest is not always a violation of the Code, but failingto disclose the situation might be.Gifts and EntertainmentThe providing or exchanging of gifts and other things ofvalue are common courtesies that can serve to enhanceour business relationships with our customers, businesspartners, and suppliers. However, we never want anycourtesy to compromise an individual’s ability to makeobjective and fair business decisions.Accepting or giving things of value is subject torestrictions relating to monetary value, how often youmay give to or receive something from an individual,and other factors. The Anti-Corruption Policy providesdetailed information on this topic.You should note that the rules surrounding giftsto or entertainment of government officials are muchstricter than those relating to non-government entities.Please refer to the Anti-Corruption Policy and the “OurProcedures for Working on Government Contracts” and“We Comply with Anti-Corruption Laws” sections of theCode for more information. If you have any questionsabout acceptable gifts or entertainment, pleasecontact your supervisor or the Legal Groupbefore acting.Improper Personal BenefitsUnless otherwise made generally available to all of us,we are not allowed to accept special personal pricing forgoods or services in our relationships with customers orsuppliers because this would be considered a personalgift. Whenever special group pricing is available froma supplier, this arrangement should in no way obstructour pricing arrangements or purchasing decisions.We should not offer special personal pricing to ourcustomers or suppliers outside the requirements ofcertain contracts or our established discount programs.9

HONESTY AND INTEGRITYQRobert works with a local body shop that repairscars from Enterprise on a regular basis. Over theyears, he’s become friendly with the owner of thebusiness, Juan. He learns that Juan will celebratehis tenth anniversary of being in business.Can Robert send him a small gift basket to markthe occasion?We may offer gifts only in specific situations,and only if they meet our requirements. Askyour supervisor if you have questions aboutwhether a gift is appropriate.Financial InvestmentsCorporate OpportunitiesA conflict of interest can also arise if you, your familymember, or a close friend has a personal or materialfinancial stake in a company that is our supplier, potentialsupplier, or competitor. If you find yourself in thatsituation, you must not use your position to influencethe bidding process or negotiation in any way. If youare directly involved in supplier selection, notify yoursupervisor immediately and remove yourself from thedecision-making process. If you have a family memberor close friend who works for a competitor, you needto notify your supervisor.Through your work or through contacts with customersor suppliers, you may become aware of an opportunityto make a purchase or investment in which the Company(whether subsidiary or holding company) might beinterested. You must promptly notify your supervisor of theopportunity. You may not act on the opportunity privatelybefore the Company has had a chance to evaluate it andhas decided to pass on it. Any personal investments mustbe in accordance with Company policy.Never use your position toinfluence a bidding processor negotiation in any way.Outside EmploymentSometimes taking outside employment may create apotential conflict of interest. We may not take anotherjob that interferes with our ability to do our work, suchas conducting outside business during working hoursor using Company property, equipment, or informationfor non-Company use. In addition, we must not takeoutside employment with a supplier or competitor of ourCompany. Because taking an outside job may create aconflict of interest, you must notify the Human ResourcesDepartment before you do so. Similarly, serving onthe board of directors or a similar body for an outsidecompany or government agency requires the advanceapproval of the Human Resources Department.10AProbably—but Robert needs to check withhis supervisor before sending the gift, tomake sure it meets all of our guidelines.ENTERPRISE HOLDINGSCODE of CONDUCTPersonal RelationshipsIt is also important to avoid supervising family orindividuals with whom you have a personal (i.e. intimate,romantic) relationship, even indirectly. If a personal orfamily relationship between employees exists—especiallyif it is also a reporting relationship—it may seem thatone employee could receive preferential treatment orfavoritism. For this reason, you should never be placedin a position where you have direct decision-makingauthority over a family member or someone with whomyou have a personal relationship, or vice versa.Remember, the important thing is to avoid even theappearance of bias. In the event a relationship is desiredor anticipated to develop, you should disclose this toyour supervisor so that it may be evaluated for anypotential conflicts of interest.For further information, refer to the PersonnelPolicies Summary.

WE COMPLY WITHANTI-CORRUPTION LAWSAnti-corruption laws apply to our business activitiesthroughout the world. These laws are complex and theconsequences for violations are severe. We comply withthe anti-corruption and anti-bribery laws of the countriesin which we do business.A “bribe” is generally anything of value—including money,gifts, discounts, favors, and entertainment—that is givenin an attempt to improperly influence the recipient’sactions or decisions. We cannot offer or accept a bribe,or “kickback,” as a reward for making or fosteringbusiness arrangements.Commercial BriberyWe must be cautious to never engage in commercialbribery or give the appearance of doing so. “Commercialbribery” includes any situation where something of valueis given—to us or by us—in the hopes of improperlyinfluencing a business action or decision. This is not allowedwhether done directly or indirectly through a third party.QLayla, a Vehicle Repair Supervisor,is married to Jason, who manages anauto repair shop. The contract for carmaintenance at a branch within Layla’sarea is up for renewal, and she has notbeen satisfied with the current vendor.Layla would like to award the contractto her husband’s business instead.Government OfficialsDealings with government officials require heightenedcare. You should never provide anything of value toa government official in return for an official action.There are specific laws that prohibit bribes or attemptsto bribe government officials, employees of entities inwhich a government has a controlling or ownershipinterest (such as an Airport Authority), political partyofficials, or candidates for public office. Many governmentsare taking steps to combat corruption and many countrieshave specific, stringent laws against it.If you interact with government officials, be sureto review all applicable policies. Raise any questionspromptly with your supervisor or the Legal Group.For more information, refer to the Anti-CorruptionPolicy. If your business is with the U.S. Government,you should also refer to the U.S. FederalGovernment Handbook.Third PartiesWe cannot hire third parties to do something we ourselvesare not allowed to do. Remember, our agents andconsultants are held to the same rules that we are. Forexample, the Company may be liable for indirect paymentseven if we do not know, but should know, that the paymentis being made to influence a business action or decision.For more information about anti-corruptionand bribery refer to the Anti-Corruption Policyand the section of the Code above titled “Giftsand Entertainment.”Since she has approval over thiscontract, can she award it to anyonewho is qualified? Is this ethical?ANo, Layla has a conflict of interestin this situation because of herpersonal tie.She should hand this decision to hersupervisor so that the vendor selectioncan be made impartially and with theCompany’s best interests in mind.Even if Jason’s business is the bestcandidate, the selection would seembiased and unfair if the decision wasmade by Layla.11

HONESTY AND INTEGRITYQNigel has been trying to close a dealwith a local company. He has named hisfinal price, which the other company hasrejected. Before leaving the meeting, therepresentative of the other company says,“You know, we’re not that far apart, andit really is in both our companies’ interestto get this done. How about we just splitthe price difference? And to show ourappreciation for being such a good partner,we could do something nice for you. Ourcompany has four seats at midfield for thisweek’s playoff game. I’m sure you and yourfamily would enjoy going to the game.”What should Nigel do?ANigel should not agree to this deal. Therepresentative is trying to bribe him in orderto secure better pricing.While he may have the latitude to splitthe price difference after naming his finalprice, if he were to do that in exchangefor sporting event tickets he would be inviolation of our Anti-Corruption policy andcould also be in violation of laws that mightsubject him to fines and imprisonment.Instead, Nigel should refuse the deal andreport the activity to his supervisor forfollow-up. No deal is worth compromisingthe integrity of the Company.INSIDER TRADINGTo do our jobs effectively, we ma

National Car Rental and Alamo Rent A Car brands, as well as Enterprise Car Sales, and Enterprise Car and Ride Sharing. In the rest of the world, Enterprise Holdings, Inc., owns international subsidiaries that similarly operate a portfolio of car rental brands through an integrate