HERTZ CORP

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chief Operating Officer On September 30, 2025, Hertz Global Holdings, Inc. and The Hertz Corporation (collectively, “Hertz” or the “Company”) appointed Michael Moore as Executive Vice President, Chief Operating Officer. Mr. Moore, age 60, joined Hertz in July 2024 as Executive Vice President Technical Operations and most recently served as Executive Vice President, Operations - North America since June 2025. He has over 25 years of experience in fleet operations and maintenance, including expertise in operational oversight and implementing process improvements that drive cost efficiencies and enhance financial performance. He has held leadership positions at Delta Air Lines, where he spent a decade in operations-focused roles of increasing responsibility before departing in April 2022, and at Northwest Airlines, among other companies. Prior to joining Hertz, he most recently served as Executive Vice President, Spaceline Technical Operations at Virgin Galactic from August 2022 until November 2023. Mr. Moore holds an MBA from Indiana Wesleyan University and a Bachelor of General Studies degree from Valdosta State University. Mr. Moore will continue to be employed on an at-will basis with a new annual base salary of $650,000 and continued eligibility to participate in the Company’s annual short-term executive incentive compensation plan (“EICP”) with a target award of 80% of his base salary and in the Company’s annual long-term incentive plan with a target equity award of $1,500,000. His 2025 EICP award will be prorated based on the number of days in the two roles held during calendar year 2025. In addition, Mr. Moore will receive a one-time, time-vesting restricted stock unit grant with a value of $1,000,000 under the Hertz Global Holdings, Inc. 2021 Omnibus Incentive Plan, which will vest one-third per year on the anniversary of the grant date assuming continued employment. Mr. Moore will also continue to be eligible to use a Hertz service vehicle for personal and professional use, and participation in other benefit programs available to executive officers of the Company. The selection of Mr. Moore to serve as Executive Vice President, Chief Operating Officer was not pursuant to any arrangement or understanding with respect to any other person. There are no family relationships between Mr. Moore and any director or executive officer of the Company, and there are no transactions between Mr. Moore and the Company that would be required to be reported under Item 404(a) of Regulation S-K.