Proxy Statement Pursuant to Section 14(a)

of the Securities Exchange Act of 1934



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Avis Budget Group, Inc.

(Name of Registrant as Specified In Its Charter)


SRS Investment Management, LLC

Karthik R. Sarma

Brian Choi

Matthew Espe

Jagdeep Pahwa

Carl Sparks

Sanoke Viswanathan


(Name of Person(s) Filing Proxy Statement, if other than the Registrant)





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After the close of business on March 21, 2018, SRS Investment Management, LLC disseminated the following statement to certain media outlets:

“We have seen the slate of director nominees proposed by Avis, and it falls short of achieving the board refreshment that we believe is necessary to enact meaningful change for Avis stockholders. Accordingly, we intend to move forward with the nomination of our five director candidates at the upcoming Avis Annual Meeting.”