Element Fleet, Motus form mobility partnership

Mr. Sumit Malhotra reports ELEMENT FLEET MANAGEMENT AND MOTUS ANNOUNCE STRATEGIC PARTNERSHIP TO DELIVER COMPREHENSIVE MOBILITY SOLUTIONS FOR ALL DRIVERS Element Fleet Management Corp. and Motus have formed a strategic partnership to offer clients in the United States and Canada a comprehensive, flexible and cost-efficient mobility strategy. The joint offering is designed to meet the diverse needs of organizations managing both company-provided fleet vehicles and drivers using personal vehicles for work. This new partnership brings together Element's position as an industry and technology leader -- leveraging its unmatched scale, deep expertise and end-to-end digital capabilities across the vehicle life cycle -- with Motus's industry-leading reimbursement platform, mobile app and program design. Together, Element and Motus will deliver a seamless, unified experience that empowers clients with total visibility and control over their mobility programs, regardless of what employees drive. "Our clients are looking for ways to optimize mobility across every aspect of their organizations," said David Madrigal, executive vice-president and chief commercial officer, Element Fleet Management. "With Motus, we are offering a smarter, integrated approach that reduces costs, simplifies compliance and creates better experiences for drivers -- whether they are behind the wheel of a company car or their own vehicle." Through this collaboration, clients will benefit from: Optimized cost and coverage: aligned vehicle programs with role and operational needs to minimize waste and maximize efficiency; Enhanced flexibility: mobility options tailored to individual drivers, with both fleet and reimbursement solutions; Unified program management: a single view of all transportation needs, with integrated compliance, safety and policy oversight; Seamless scalability: reduced administrative burden and enhanced scalability via integrated technology platforms and shared insights. "Mobility today is about meeting workers where they are and giving companies the tools to manage that complexity with ease," said Vanessa Brangwyn, chief revenue officer of Motus. "Together with Element, we are eliminating silos and helping companies achieve greater agility while putting driver experience and efficiency at the centre." The partnership will also provide: Reimbursement program design based on deep expertise and industry benchmarking; An integrated driver enrollment process; A unified view of costs and allocations; Top-rated and easy-to-use driver mobile app for mileage tracking, compliance visibility and reimbursement; Streamlined fleet services from acquisition to resale. This joint solution, another pillar of Element Mobility (Element's newest division to advance next-generation fleet technologies), is now available to organizations across the United States and Canada, supporting their goals of operational efficiency, employee satisfaction and financial performance. About Element Fleet Management Corp. Element Fleet Management is the largest publicly traded pure-play automotive fleet manager in the world. As a purpose-driven and client-centric company, the company delivers value through scalable, sustainable and technology-enabled fleet and mobility solutions. With operations across North America, Australia, New Zealand, Ireland and a growing global footprint through the company's technology platform Autofleet, Element provides its clients with end-to-end fleet management services -- from vehicle acquisition, maintenance and risk management to route optimization, electric vehicle integration and remarketing. At Element, the company combines its fleet management expertise with advanced digital capabilities in order to unlock real-time data insights, dynamic planning tools and advanced optimization that maximize the cost efficiency and vehicle productivity of the company's clients' fleets. We seek Safe Harbor.