Element Nominates Keith Taylor for Election to the Board of Directors

TORONTO, ON, March 31, 2026 - Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced that Keith Taylor has been nominated to stand for election to the Company’s Board of Directors at its Annual General Meeting of Shareholders on May 7, 2026.

Mr. Taylor is being nominated to replace Joan Lamm-Tennant who has reached the end of her term limit as director and is not standing for re-election. The Company thanks Ms. Lamm-Tennant for her meaningful contributions and dedicated service to Element.

“Keith is a highly respected financial leader with deep experience in global markets and a strong track record of value creation,” said Kathleen Taylor, Chair of Element’s Board of Directors. “His expertise will further strengthen our Board as we continue to oversee the execution of Element’s strategy and long-term growth.”

“I am honoured to be nominated to join Element’s Board of Directors,” said Keith Taylor. “Element has built a strong market position and clear strategic direction, and I look forward to contributing to the Company’s continued success.”

Mr. Taylor is a seasoned finance executive with more than 30 years of experience in global corporate finance. He most recently served as Executive Vice President and Chief Financial Officer of Equinix, Inc., a leading multinational digital infrastructure company listed on the NASDAQ, where he played a key role in the company’s growth over a tenure of more than 20 years. He retired from his position as EVP and CFO in March 2026 but will remain as a special advisor to the CEO through March 31, 2027.

“Keith brings a combination of financial discipline, global perspective and public company experience that will be highly valuable as we continue to scale our business,” said Laura Dottori-Attanasio, Chief Executive Officer of Element. “His insights will support our focus on delivering consistent performance and long-term value for our shareholders.”

About Keith Taylor

Mr. Taylor currently serves as a director of Invitation Homes Inc. where he is Chair of the Compensation Committee and Management Development Committee and a member of the Audit Committee. He holds a Bachelor of Business Administration in Accounting from Bishop’s University, is a Chartered Professional Accountant, and is a founding member of the U.S. Chapter of His Majesty King Charles III’s Accounting for Sustainability (A4S) CFO Leadership Network.

Further details about Element’s nominated directors can be found in our management information circular, which is available at http://www.sedarplus.ca.

About Element Fleet Management

Element Fleet Management (TSX: EFN) is the largest publicly traded pure-play automotive fleet manager in the world. As a Purpose-driven and client-centric company, we deliver 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 our Mobility platform, we provide our clients with end-to-end fleet management solutions - from vehicle acquisition, maintenance, and risk management to route optimization, electric vehicle integration, and remarketing. At Element, we combine our fleet management expertise with advanced digital capabilities in order to unlock real-time data insights, dynamic planning tools, and advanced optimization that enhances the cost efficiency and vehicle productivity of our clients' fleets. For more information, visit: https://www.elementfleet.com.

Element Contacts:

Media Contact: Amanda Mills Sirois Senior Manager, Corporate Affairs 437-352-1050

Investor Relations: Sumit Malhotra SVP & Head of Financial Performance 437-343-7723 smalhotra@elementcorp.com