AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

IPG Investment Advisors LLC's Holding History (CIK: 0001602237)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 244,135 Value ($000) $7,868,471 Avg Close $26.25 Range $20.76 - $33.11

Q1 2016

Shares 386,290 Value ($000) $10,568,894 Avg Close $25.96 Range $20.65 - $34.51

Q4 2015

Shares 230,115 Value ($000) $8,350,873 Avg Close $40.01 Range $31.13 - $50.39

Q3 2015

Shares 230,115 Value ($000) $10,051,423 Avg Close $41.20 Range $37.09 - $45.37

Q2 2015

Shares 122,140 Value ($000) $5,383,931 Avg Close $50.12 Range $41.71 - $56.48

Q1 2015

Shares 120,145 Value ($000) $7,090,357 Avg Close $57.98 Range $53.22 - $64.84

Q4 2014

Shares 124,620 Value ($000) $8,266,045 Avg Close $54.35 Range $43.65 - $65.23

Q1 2014

Shares 195,735 Value ($000) $9,532,295 Avg Close $40.83 Range $33.79 - $47.96

Q4 2013

Shares 191,755 Value ($000) $7,750,737 Avg Close $31.82 Range $26.38 - $38.69

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	244,135	$7,868,471	$26.25	$20.76 - $33.11
Q1 2016	386,290	$10,568,894	$25.96	$20.65 - $34.51
Q4 2015	230,115	$8,350,873	$40.01	$31.13 - $50.39
Q3 2015	230,115	$10,051,423	$41.20	$37.09 - $45.37
Q2 2015	122,140	$5,383,931	$50.12	$41.71 - $56.48
Q1 2015	120,145	$7,090,357	$57.98	$53.22 - $64.84
Q4 2014	124,620	$8,266,045	$54.35	$43.65 - $65.23
Q1 2014	195,735	$9,532,295	$40.83	$33.79 - $47.96
Q4 2013	191,755	$7,750,737	$31.82	$26.38 - $38.69