Ituran Location and Control Partners with Renault to Expand Latin American Telematics Services

### Ituran Location and Control Strengthens Position in Latin America with Renault Partnership

Ituran Location and Control Ltd., a leader in vehicle telematics, has recently secured a significant three-year service agreement with Renault, a major European original equipment manufacturer (OEM). This partnership, announced on November 24, 2025, is set to provide Ituran's innovative telematics services across multiple countries in Latin America. The collaboration not only enhances Ituran's service offerings but also positions the company for broader expansion into global markets. Eyal Sheratzky, co-CEO of Ituran, expresses optimism about the agreement, emphasizing its potential to drive subscriber growth and elevate the company's presence in the region.

As a prominent player in mobility technology since its establishment in 1995, Ituran has made a name for itself by delivering a variety of location-based services, including Stolen Vehicle Recovery and fleet management solutions. The company's reputation as the largest OEM telematics provider in Latin America is underscored by its substantial subscriber base, which exceeds 2.5 million users. This partnership with Renault aligns with the automotive giant's strategy to provide high-quality, innovative solutions to its customers, as highlighted by André Mói, the Purchasing Director at Renault. By collaborating with leading suppliers like Ituran, Renault seeks to enhance its service delivery and customer satisfaction in an increasingly competitive market.

Furthermore, Ituran's expansive operations span 20 countries, including strategic offices in Brazil, Argentina, Mexico, and the United States. With a workforce of approximately 2,800 employees, the company is well-equipped to support its growth ambitions. The partnership with Renault not only represents a significant contract but also marks a pivotal moment in Ituran's journey towards further innovation and market leadership. Additionally, Ituran's commitment to fostering smart mobility technology is evident through its DRIVE startup incubator, based in Tel-Aviv, which aims to nurture new developments in the telematics sector.

In summary, the recent agreement with Renault reinforces Ituran's status as a dominant player in the automotive telematics landscape and signals a promising future for the company in Latin America and beyond. With the potential for expanded services and increased subscriber engagement, Ituran is poised to capitalize on the growing demand for advanced mobility solutions.