Almere, the Netherlands, 12 May 2016 – LeasePlan Corporation N.V., the world’s leading fleet management and driver mobility company, today publishes its first quarter 2016 results.
Financial highlights Q1:
· Total assets up to EUR 21.7 billion at 31 March 2016, from EUR 21.4 billion at 31 December 2015. Increase reflects positive development of LeasePlan’s fleet size.
· Q1 net profit EUR 117.4 million (EUR 123.1 million in Q1 2015).
· Healthy capital and liquidity position: Common equity tier 1 ratio 18.3% at 31 March 2016 (17.0% at 31 December 2015), liquidity buffer at EUR 4.4 billion.
· LeasePlan Bank retail deposits at EUR 5.1 billion at 31 March 2016 (EUR 5.0 billion at 31 December 2015).

Operational highlights Q1:
· LeasePlan confirms global market leadership: increase of fleet to 1.58 million vehicles under management (1.55 million end of December 2015).
· Sustained growth in Small and Medium-sized Enterprises (SME), Private Leasing and International & Corporate segments.
· Launch of new flexible leasing solution FlexiPlan, offering flexibility in contract duration and mileage,
as part of LeasePlan’s strategy to be the one-stop-shop for corporate mobility needs, from hours to years.
· Total number of customers LeasePlan Bank Germany, opened in September 2015, exceeds 15,000.

Ownership of LeasePlan
On 21 March 2016, a consortium of long-term investors (LP Group B.V.) completed the acquisition of LeasePlan from Global Mobility Holding B.V. These investors include leading Dutch pension fund service provider PGGM, Denmark’s largest pension fund ATP, GIC, Luxinva S.A., a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and investment funds managed by TDR Capital LLP. None of these investors have acquired a controlling interest in the Company.

Outlook 2016
LeasePlan confirms its outlook for 2016, as included in its annual results 2015 press release. The Company is optimistic that, barring unforeseen economic circumstances, it will continue to reap the rewards of its strategic path. Although the competitive landscape will remain challenging in 2016, the company believes that all the fundamentals for further growth are firmly in place. LeasePlan will retain its added value for clients, drawing on its tailored products and services, its wealth of expertise, its excellent people and the reach of its global presence.