Healthcare & pharma industry benchmark Fleet trends in the European healthcare and pharma industry 2018-2020

LeasePlan International Consultancy Services • June 2021 2 Healthcare & pharma industry benchmark 2018-2020

Contents

Introduction 3

Most driven car segments, 2018-2020 4

Most driven car models, 2018-2020 5

Powertrain trends, 2018-2020 6

Share of powertrains per country, 2018-2020 7

CO2 averages per country, 2018-2020 9

Conclusion 10

Appendix A: overview of car segments 11 3 Healthcare & pharma industry benchmark 2018-2020

Introduction

In this healthcare & pharma industry benchmark report, we highlight the most important fleet trends in Europe by comparing the passenger car registrations between 2018 and 2020.

We applied the following definition of the healthcare & pharma industry: Companies developing, selling or buying healthcare products (including pharmaceutical drugs)

This analysis of fleet trends is based on LeasePlan passenger car data from over 200 international companies. For the scope and to make sure the data is representative, we’ve only included countries where at least 200 passenger cars were renewed within the industry each year (2018, 2019 and 2020).

If you would like to know how sustainable this industry is compared to other industries please check out our 2021 Fleet Sustainability Ranking by Industry. 4 Healthcare & pharma industry benchmark 2018-2020

* Most driven car segments, 2018-2020 • The C1 segment has remained the most popular car segment, increasing its share from 20% in 2018 to 24% in 2020.

• The SUV trend continues with a significant increase in its share in 2018 2019 2020 the top 10 (from 24% in 2018 to 29% in 2020).

1 C1 20% C1 18% C1 24% • Regular premium segments (D2, E2 and C2) have lost share, from 32% in 2018 to only 24% in 2020. 2 D2 16% D2 17% D1 14%

3 D1 14% D1 12% D2 13%

4 SUV-C1 11% SUV-C1 12% SUV-C1 11%

5 E2 8% E2 8% SUV-D2 6%

6 C2 8% SUV-C2 7% E2 6%

7 SUV-D2 6% SUV-D2 6% SUV-C2 5% Most popular car 8 SUV-C2 5% C2 6% C2 5% segment in 2020: 9 MPV-C 4% SUV-D1 4% SUV-B1 4% C1 10 SUV-D1 2% MPV-C 3% SUV-D1 3%

*For more information on car segments, please see appendix A 5 Healthcare & pharma industry benchmark 2018-2020

Most driven car models, 2018-2020 • The Volkswagen Passat has remained the most popular car model.

• The Toyota Corolla saw its popularity increase the most, moving 2018 2019 2020 from outside the top 10 in 2018 to third place in 2020.

1 Volkswagen Passat Volkswagen Passat Volkswagen Passat • BMW has lost significant share in the top 10 with only one vehicle in 2020 vs four vehicles in 2018. 2 Volkswagen Golf Volkswagen Golf Volkswagen Golf

3 BMW 3 Series Skoda Octavia Toyota Corolla • The Volkswagen group remains popular with five vehicles in the top 10. 4 Skoda Octavia Audi A4 Skoda Octavia

5 Volkswagen Tiguan Peugeot 3008 BMW 3 Series

6 Audi A4 Mercedes Benz C-Class Volkswagen Tiguan

7 BMW 5 Series Volkswagen Tiguan Ford Focus Most popular car 8 BMW X1 BMW 3 Series Peugeot 3008 in 2020: Volkswagen 9 Ford Focus BMW 5 Series Volkswagen T-Roc Passat 10 BMW 1 Series Toyota Corolla Renault Megane 6 Healthcare & pharma industry benchmark 2018-2020

Powertrain trends, 2018-2020

2018 2019 2020

100% 0.4% 1.4% 1.9% 4.9% 90% 8.6% 8.4% 13.2% 80% 11.0% 14.4% 70% • Given the increasing sustainable pressure to reduce emissions from fuel, it is no surprise that the share of diesel declined by 60% 15.7% p.p. 50% • Petrol has increased by 6.0% p.p. benefiting from the need 40% 86.3% 79.0% for an alternative to diesel. 70.6% 30% • Hybrid has seen an increase of 8.3% p.p. more than doubling 20% its share from 2018.

10% • Lastly, the battery electric vehicle (BEV) share has increased 0% by 1.5% p.p.

Diesel Petrol Hybrid Electric

p.p. = percentage points 7 Healthcare & pharma industry benchmark 2018-2020

Share of powertrain per country: battery electric vehicles & hybrids, 2018-2020

Share of BEV per country* 2018 2019 2020 • When it comes to BEVs, 25.0% The Netherlands is ahead 18.0% of all countries with a 20.0% share of 18.0% in 2020, 15.0% but this is a decrease 10.0% when comparing to 2019. 3.7% 1.2% 1.7% 1.9% 5.0% 0.0% 0.0% 0.2% 0.1% 0.0% 0.0% 0.0% • Belgium has seen the 0.0% largest increase in BEV BE CZ DE ES FR IT NL PL PT RO TR Total average share, moving from 0% to 3.7%.

Share of hybrid per country* 2018 2019 2020 • For hybrids, Turkey has the largest share with 18.8% 40.0% of all vehicles in 2020, a 17.2% 30.0% 13.2% significant increase from 0% in 2018. 20.0% 12.7% 16.5% 14.3% 18.8% 6.3% 4.9% 5.8% 5.8% 3.0% 9.0% 10.0% • A renewed interest for hybrids can be seen 0.0% across almost all countries. BE CZ DE ES FR IT NL PL PT RO TR Total average

*Only countries with at least 200 renewals each year are shown here to ensure representative statistics 8 Healthcare & pharma industry benchmark 2018-2020

Share of powertrain per country: petrol & diesel, 2018-2020

Share of petrol per country* 2018 2019 2020 • Diesel is being replaced 71.4% 80.0% by petrol in countries 44.6% like Belgium, Germany, 60.0% France, The Netherlands 40.0% 30.0% and Romania. 13.8% 10.0% 1.9% 13.8% 11.8% 14.4% 20.0% 6.1% 2.0% 0.8% • Romania has the largest 0.0% share of petrol: 71.4% in BE CZ DE ES FR IT NL PL PT RO TR Total 2020. average • The shift away from diesel Share of diesel per country* 2018 2019 2020 is seen in every country. 100.0% 87.4% 92.3% 80.3% 94.8% 90.1% 14.3% 51.2% 76.2% 76.1% 70.6% • Romania has the lowest 80.0% 20.8% 70.9% share of diesel with only 60.0% 14.3% in 2020.

40.0% • Romania has also seen

20.0% the largest drop in diesel, moving from 90.5% in 0.0% 2018 to 14.3% in 2020. BE CZ DE ES FR IT NL PL PT RO TR Total average

*Only countries with at least 200 renewals each year are shown here to ensure representative statistics 9 Healthcare & pharma industry benchmark 2018-2020

* CO2 averages per country, 2018-2020

• While many countries** saw an increase in

CO2 between 2018 and 2019, this trend is now downward when

* comparing 2019 to 2020. Averages CO2 per country 2018 2019 2020

140.0 129.6 125.9 • The Netherlands has the 107.4 112.2 117.8 112.7 112.7 89.7 111.5 114.7 115.2 114.1 lowest average CO 120.0 2 (89.7 grams per km) 100.0 because of its surge in EV adoption. 80.0

60.0 • France has the

highest average CO2 40.0 (129.6 grams per km)

20.0 which is significantly up compared to 2018 - (112.8 grams per km). BE CZ DE ES FR IT NL PL PT RO TR Total average

*Based on the OEMs reported CO2 **Only countries with at least 200 renewals each year are shown here to ensure representative statistics 10 Healthcare & pharma industry benchmark 2018-2020

Conclusion

• The C1 segment has remained the most popular segment in the healthcare & pharma industry, which explains why three of the top four popular car models are from the C1 segment (the Volkswagen Golf, the Toyota Corolla and the Skoda Octavia).

• The switch from diesel to other powertrains is clear, with petrol, hybrid and BEV all gaining significantly larger shares (+6.0% p.p., +8.3% p.p. and +1.5% p.p. respectively).

• However, there are large differences per country in the pace of moving away from diesel. While in Romania only 14.3% of vehicles were registered as diesel, in the case of Spain, Italy and Portugal this is still +90%.

• Due to the large share of BEV registrations in 2020 (18.0%), The Netherlands has achieved the lowest * * average CO2 (89.3 grams per km) , while France has the highest (129.6 grams per km) .

For more information, please contact your LeasePlan liaison or LeasePlan Consultancy at [email protected].

*Based on the OEMs reported CO2 p.p. = percentage points 11 Healthcare & pharma industry benchmark 2018-2020 Appendix 12 Healthcare & pharma industry benchmark 2018-2020

Appendix A: Overview of car segments

The letter indicates the dimensions of the vehicle with C being smaller than E The number indicates the quality level of a brand with 1 being a ‘volume brand’ and 2 being ‘premium brand’

Volume cars (1) Premium cars (2) LCVs

Hatchback / / SW SUV MPV / sedan / SW SUV

Subcompact cars (B) B1 – VW Polo SUV-B1 – VW T-Cross Not common B2 – Cooper Not common Small – VW Caddy

Compact cars (C) C1 – VW Golf SUV-C1 – VW T-Roc MPV-C – VW Touran C2 – BMW 1 series SUV-C2 – BMW X1 Medium – VW Transporter

Midsized cars (D) D1 – VW Passat SUV-D1 – VW Tiguan MPV-D – VW Sharan D2 – BMW 3 series SUV-D2 – BMW X3 Large – VW Crafter

Full-size cars (E) E2 – BMW 5 series SUV-E2 – BMW X5 Pickup LeasePlan Corporation N.V. Gustav Mahlerlaan 360 1082 ME Amsterdam The Netherlands [email protected] leaseplan.com