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Mobility Mixx announces change of majority shareholder and further investment in Mobility as a Service (MaaS) in Europe

Netherlands, 31 March, 2022 -- Mobility Mixx B.V. (“Mobility Mixx”) announces that the previous minority shareholder Mitsubishi HC Capital Inc. (“Mitsubishi HC Capital”) acquired the remaining shares from ARS Traffic & Transport Technology B.V.(“ARS”).

As of 31 March 2022 Mobility Mixx has become a 100% wholly owned subsidiary of Mitsubishi HC Capital, which has been a shareholder in Mobility Mixx since 2019 when a 49% share was acquired through the former Hitachi Capital Corporation.

Mobility Mixx is long established and leading Mobility as a Service (“MaaS”) and “Smart Mobility” provider in the Netherlands.

Background

Mitsubishi HC Capital was founded on 1 April 2021 following the merger between Mitsubishi UFJ Lease & Finance Company Limited and Hitachi Capital Corporation and is listed on Tokyo stock exchange. The main shareholders of Mitsubishi HC Capital are Mitsubishi Corporation, Mitsubishi UFJ Financial Group, Inc. and Hitachi Ltd. Mitsubishi HC Capital develops advanced asset business beyond a leasing company and builds solutions around five focus areas: Social Infrastructure & Life, Environment & Energy, Mobility, Sales Finance, and Global Assets.

About Mobility Mixx

MobilityMixx seamlessly integrates and aggregates mobility services via Smartphone or SmartCard and a modern API enabled supply chain. With a complete integrated mobility offering, users can access Multimodal travel services including trains and trams, car rental, car sharing, taxi’s, parking, electric bikes & scooters and EV Chargers and fuel stations. MobilityMixx can further support Corporate and Government clients with cost reduction by providing advanced expense management and fleet and mobility sharing solutions to manage mobility budgets, reporting modules and utilising reward programmes that influence travel behaviour. Please visit mobilitymixx.com for further details.

Ambition

With the ambition of Mitsubishi HC Capital’s Mobility Solutions Division to become a European leader in car leasing based on a decarbonisation strategy and advanced mobility services through its group companies, MHC Mobility Europe, Mobility Mixx has a great opportunity to contribute to this by expanding and building scalable solutions for its customers. For Mitsubishi HC Capital, Mobility Mixx is key to being at the forefront of innovation and taking a leading position in advanced mobility services.

Simon Oliphant, CEO, Mobility Solution Business Division commented: “This further investment in Mobility Mixx, making it a wholly owned subsidiary supports our strategy of combining multi modal travel with our traditional vehicle-based services to offer customers integrated, flexible and sustainable mobility. With the shift from total cost of ownership to total cost of mobility and decarbonisation we see excellent growth prospects in this sector”.

For Mobility Mixx, access to a wide range of expertise and resources within Mitsubishi HC Capital provides an excellent foundation for further growth. “With Mitsubishi HC Capital we have the perfect owner and sponsor for our ambitious growth plans. We admire the strong values and the vision of Mitsubishi HC Capital and are proud to be a member of the group of Mitsubishi companies” says Harald Ernst, CEO of Mobility Mixx.

■European Countries where Mitsubishi HC Capital operates mobility and vehicle solutions:

(as of March 2022)

Countries

Mobility & Vehicle Solutions Businesses

U.K.

Mitsubishi HC Capital UK PLC trading as Novuna Vehicles Solutions

Poland & CEE

MHC Mobility Sp. z o. o. (Poland)

MHC Mobility Czech Republic

MHC Mobility Slovakia

MHC Mobility Hungary

Eurofleet Zrt (Hungary)