X0609 4 2026-04-17 0 0000723612 AVIS BUDGET GROUP, INC. CAR 0001425851 Pentwater Capital Management LP false 1001 10TH AVENUE SOUTH, SUITE 216 NAPLES FL 34102 0 0 1 0 0002121021 Halbower Matthew false 1001 10TH AVENUE SOUTH, SUITE 216 NAPLES FL 34102 0 0 1 0 0 Common Stock, par value $0.01 per share ("Common Stock") 2026-04-17 4 X 0 34700 85 A 7083000 I See footnote Put Option (obligation to buy) 85 2026-04-17 4 E 0 347 0 D 2026-04-17 Common Stock 34700 0 I See footnote Call Option (right to buy) 85 2026-04-17 4 X 0 347 0 D 2026-04-17 Common Stock 34700 0 I See footnote This Form 4 is filed by Pentwater Capital Management LP ("PCM") and Matthew Halbower ("Mr. Halbower") (collectively, the "Reporting Persons") with respect to securities held by certain funds (the "Pentwater Funds") to which PCM serves as investment adviser. Mr. Halbower is the sole shareholder of MCH PWCM Holdings Inc., the general partner of PCM. Each of the foregoing disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Exercisable at any time. /s/ Pentwater Capital Management LP, By: /s/ MCH PWCM Holdings Inc., General Partner, By: Matthew Halbower, Chief Executive Officer 2026-04-21 /s/ Matthew Halbower 2026-04-21