0001558370-20-001163 Sample Contracts

PTL HOLDINGS AUSTRALIA PTY LTD ("PTL" and "Principal Shareholder") PENSKE TRANSPORTATION GROUP INTERNATIONAL PTY LTD ("PTGI" and "Principal Shareholder") PENSKE INVESTMENTS PTY LTD ("Company") SHAREHOLDERS' AGREEMENT Dated 1st April, 2014
Shareholders' Agreement • February 21st, 2020 • Penske Automotive Group, Inc. • Retail-auto dealers & gasoline stations • Queensland

This Agreement of Penske Investments Pty Ltd (the “Company”), is made and entered into effective as of the 1st day of April, 2014 (the “Effective Date”), by and among PTL Holdings Australia Pty Ltd. (“PTL”), Penske Transportation Group International Pty Ltd. (“PTGI”), and the Company. Each of PTL and PTGI shall be referred to individually as a “Principal Shareholder” and collectively as the “Principal Shareholders.”

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