Form 4 Filing for AVIS BUDGET GROUP, INC.

This filing is the fifth in a series of six Form 4 filings due to SEC limitations on the number of transactions reported per form. It details derivative transactions, specifically the sale of call options on AVIS BUDGET GROUP, INC. common stock, by Pentwater Capital Management LP and Matthew Halbower on behalf of various funds. The transactions occurred on April 23, 2026, with expiration dates in May and June 2026. Notably, footnotes indicate that certain sales by Pentwater Equity Opportunities Master Fund Ltd., Crown Managed Accounts SPC, and Pentwater Merger Arbitrage Master Fund Ltd. are considered matchable for Section 16(b) short-swing profit rules. The reporting persons have agreed to disgorge any short-swing profits realized from these transactions.