Customer statement – commission disclosure

A quick update from Skyfleet

Skyfleet Ltd would like to reassure our customers that the recent UK Supreme Court ruling on motor
finance commissions does not affect our business, or the agreements we have arranged.

Skyfleet Ltd has never sold Personal Contract Purchase (PCP) products and has never used
Discretionary Commission Arrangements (DCAs). Our business model is and has always focused
exclusively on Business Contract Hire and Personal Contract Hire agreements.

We have consistently followed the Financial Conduct Authority (FCA) guidelines on commission
disclosure, introduced in 2019 and updated in 2021, ensuring transparency, fairness, and compliance
in all our customer interactions and finance arrangements.

We understand that recent media coverage may raise questions or concerns, and we are happy to
provide further clarification or documentation to any customer who wishes to understand more about
their agreement. Please do bear in mind that we only maintain customer confidential data for a
suitable period after the finance agreement has ended.

Skyfleet Ltd remains committed to treating customers fairly and maintaining the highest
standards of integrity and professionalism.