AutoWallis Nyilvánosan Muködo Reszvenytársaság : Scope Ratings has affirmed AutoWallis’s B+ credit rating

PRESS RELEASE

Scope Ratings has affirmed AutoWallis's B+ credit rating

Budapest, July 14, 2022 - Scope Ratings has affirmed AutoWallis Plc's B+ credit rating score. The independent institute affirmed its rating of the automotive company registered on the Hungarian stock exchange with a stable outlook, despite the number of factors that cause uncertainty in the global economic outlook.

Scope Ratings GmbH has once again this year reviewed the rating first assigned AutoWallis Plc. in 2019, leaving the rating unchanged (B+) with a stable outlook, while the rating on the bonds issued by the company also remained at B+. This means AutoWallis, listed in the Premium category of the Budapest Stock Exchange, continues to meet the conditions of the Growth Credit Programme (NKP) launched by the National Bank of Hungary.

The detailed report of Scope Ratings: https://scoperatings.com/ratings-and-research/rating/EN/171702

AutoWallis Group

AutoWallis Plc., a company listed in the Premium category of the Budapest Stock Exchange, as well as in the BUX and BUMIX indices, aims to become a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade and to expand its automotive investment-focused investment portfolio through acquisitions. The AutoWallis Group is present in 14 countries of the Central and Eastern European region (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Kosovo, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia), where it is engaged in the retail and wholesale of vehicles, parts, and accessories, in repair and maintenance services, as well as in short- and long-term vehicle rentals. The brands represented by the group include BMW cars and motorbikes, Dacia, Isuzu, Jaguar, Land Rover, Maserati, MINI, Nissan, Opel, Peugeot, Renault, SsangYong, Suzuki, and Toyota, as well as Saab spare vehicle parts, and Sixt rent-a-car. AutoWallis is the two-time recipient of the "The Share Capital Increase of the Year" award at Best of BSE Award Galas (2020, 2021). www.autowallis.huwww.facebook.com/AutoWallis

Further information:
Dániel R. Kovács, Financial Communications	Mobile: [phone]	E-mail:[e-mail]