AVIS BUDGET GROUP, INC.
For the period ended May 20, 2026. Filed Apr 2, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 20, 2026 · Filed Apr 2, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934 (Amendment No. )
Filed by the Registrant ☒
Filed by a Party other than the Registrant ☐
CHECK THE APPROPRIATE BOX:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to §240.14a-12 |
Avis Budget Group, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
| ☒ | No fee required. |
|---|---|
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
April 2, 2026
Dear Fellow Shareholder:
It is our pleasure to invite you to attend the Annual Meeting of Shareholders of Avis Budget Group, Inc., which will be held virtually on May 20, 2026, at 11:00 a.m. Eastern Time.
This booklet includes the Notice of Annual Meeting and the Proxy Statement. The Proxy Statement describes the business to be conducted at the Annual Meeting and provides other information concerning our Company of which you should be aware when you vote your shares. Your vote is very important, regardless of the number of shares you own. Whether or not you attend the virtual Annual Meeting, we would like for your shares to be represented and we encourage you to vote promptly.
On behalf of the Board of Directors and the employees of Avis Budget Group, Inc., we would like to thank you for being a shareholder and express our appreciation for your ongoing support of our Company.
Sincerely,
Brian J. Choi
Chief Executive Officer
Jagdeep Pahwa
Executive Chairman of the Board
Notice of 2026 Annual Meeting of Shareholders
NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders (the “Meeting”) of Avis Budget Group, Inc. (the “Company”) will be held online on May 20, 2026, at 11:00 a.m. Eastern Time, to consider and vote upon the following matters:
| 1. | The election as directors of the six nominees named in the accompanying proxy statement for a one-year term expiring in 2027 and until his or her successor is duly elected and qualified or until his or her earlier resignation or removal. |
| 2. | The ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2026. |
| 3. | Advisory approval of the compensation of our named executive officers. |
| 4. | Consideration of a shareholder proposal regarding governance by majority voting and meeting adjournment. |
| 5. | Such other business as may properly come before the Meeting or any adjournment or postponement thereof. |
The Meeting will be held virtually. You will not be able to attend the Meeting physically in person. We have designed the format of the Meeting to provide shareholders the same ability to participate that they would have at an in-person meeting. Shareholders will be able to listen to the webcast live, submit questions and vote during the online Meeting. You can attend the Meeting by accessingwww.virtualshareholdermeeting.com/CAR2026 and entering the 16-digit control number found on the proxy card or notice. No password is required. In the event of a technical malfunction or situation that makes it advisable to adjourn the Meeting, the chair will convene the meeting at 11:00 a.m. Eastern Time on May 20, 2026 at the Company’s principal business address solely for the purpose of adjourning the meeting to reconvene at a date, time and location announced by the meeting chair. If this happens, more information will be provided atwww.avisbudgetgroup.com.
The Board of Directors has fixed the close of business on March 25, 2026 as the record date for the Meeting. Only shareholders of record at that time are entitled to notice of, and to vote at, the Meeting and any adjournment or postponement thereof. A list of shareholders entitled to vote at the Meeting will be available for examination by any shareholder, for any purpose germane to the Meeting, for at least ten days prior to the Meeting during ordinary business hours at the Company’s principal executive offices, by e-mailing chairman@avisbudget.com.
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on May 20, 2026 The Company’s Proxy Statement on Schedule 14A, form of proxy card and 2025 Annual Report are available at www.proxyvote.com
By Order of the Board of Directors
Jean M. Sera
Senior Vice President, General Counsel,
Chief Compliance Officer and Corporate Secretary
Dated: April 2, 2026
Proxy Statement
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