Ryder: Investor Supplement - Segments, Innovation, Financials and ESG (04/07/2025 08:30:00)

Investor Supplement Segment Overview, Innovation, Financials and Corporate Responsibility 1 Segment Overview @ 2025 Ryder System, Inc. 3 All Rights Reserved $2.1 Trillion Addressable U.S. Market Provides Significant Growth Opportunities Outsourced ~$220B ~$30B Non-outsourced ~16% Outsourced 1 ~6% Outsourced 1 Supply Dedicated Chain Transportation Solutions Solutions $1.4T $500B Addressable Market 1 Addressable Market 1 ~$24B ~25% Outsourced 1 Fleet Management Solutions $100B Addressable Market 1 Growth opportunity to penetrate large, non-outsourced market @ 2025 Ryder System, Inc. 1 Sources: Polk/HIS, Armstrong & Associates, Ryder estimates. Proprietary and Confidential All Rights Reserved 4 SCS - Design and Execute Optimized Logistics Solutions Supply Chain Solutions (39% of 2024 RSI Operating Revenue) Distribution Management Dedicated (34% SCS revenue) (30% SCS revenue) • Warehouse/distribution center • Transportation • operations (103M sq. ft.) component of Inbound materials integrated logistics • management • solution Outbound product support Includes drivers, • Kitting, packaging & vehicles, routing & • refurbishment scheduling and Just-in-time replenishment management & • Reverse logistics administrative support • E-commerce network support Transportation Management (12% SCS revenue) Procure / execute $10B in freight moves as customer's agent Shipment planning and execution Freight brokerage Freight bill audit and payment Origin/destination services E-commerce & Ryder Last Mile (17% SCS revenue) E-commerce fulfillment provider Last mile delivery provider of big & bulky goods National network able to reach 100% of US consumers within 2-days Other Services (7% SCS revenue) Contract packaging and contract manufacturing Strategic consulting & decision support Solutions engineering Network modeling & optimization Total landed cost Lean Six Sigma Supported by: IT Solutions Transportation & warehouse management systems - Network optimization tools - Inventory & shipment visibility tools Sample Clients: Includes Non-GAAP Financial Measures, such as Operating Revenue. Please see Appendix - Non GAAP Financial Measures for the reconciliation to the GAAP Financial Measure. 2025 Ryder System, Inc. Proprietary and Confidential All Rights Reserved 5 SCS - Industry and Execution Focus Drive Growth Current Customers Comprehensive solutions for over 800 (1) customers Lease and operate 103 million square feet of warehouse space in North America Manage ~27,000 border crossings per month between the US, Mexico and Canada Approximately 13,000 vehicles from FMS are utilized to support SCS customers Focus is on customers with sophisticated logistics requirements - many require an integrated solution that combines two or more service offerings Opportunity to expand customer relationships to include fast growing offerings in e-commerce and last mile Market Size Outsourced supply chain logistics market in the US is estimated to be approximately $220 billion and is growing faster than the overall economy Companies continue to increase logistics outsourcing to reduce costs and focus on core competencies (1) Excludes brokerage customer accounts Industry Vertical Focus Consumer Automotive 27% packaged goods 29% Industrial & Other % of FY24 14% Omnichannel Operating retail Revenue 30% Specialized capabilities and proactive solutions based on deep industry expertise Differentiated functional execution and deep industry expertise will result in higher growth Includes Non-GAAP Financial Measures, such as Operating Revenue. Please see Appendix - Non GAAP Financial Measures for the reconciliation to the GAAP Financial Measure. 2025 Ryder System, Inc. Proprietary and Confidential All Rights Reserved 6 DTS - Providing Dedicated Fleets and Drivers Dedicated Transportation Solutions (18% of 2024 RSI Operating Revenue) Dedicated Transportation Transportation Management (87% of DTS Revenue) (13% of DTS Revenue) • Turnkey transportation service • Procure and execute freight moves as customer's agent • Professional drivers • Shipment planning and execution • Vehicles • Freight brokerage • Routing & scheduling • Freight bill audit and payment • Management & administrative support • Origin/destination services Supported by: IT and Engineering Solutions Network optimization tools that efficiently allocate freight between a dedicated fleet and third-party common carriers Sample Clients: Includes Non-GAAP Financial Measures, such as Operating Revenue. Please see Appendix - Non GAAP Financial Measures for the reconciliation to the GAAP Financial Measure. 2025 Ryder System, Inc. Proprietary and Confidential All Rights Reserved 7 DTS - Driving Customer Value with Flexible Solutions Diversified portfolio comprising ~230 customers Market Opportunity (U.S.) Industrial Retail Construction CPG Metals Hi-tech/Healthcare Energy 26% 19% 17% 13% 10% 9% 3% ~$30B outsourced of $500B highly, addressable DIY market Significant growth opportunity for DTS as most services in the large, highly addressable dedicated transportation services market are provided by customers themselves Growth Opportunities • Leverage secular outsourcing trends such as driver shortage, increased safety regulations and equipment cost/complexity • Address market demand for flexible capacity Other 2% (Based on 2024 DTS Customer Count) • Conversions from FMS and Private Fleets ‒ Upsell targeted FMS customers to a dedicated solution - increases revenue 4- 5x with increased margin, return on capital and customer retention - Ryder's Dedicated Offering Focused on developing flexible solutions for customers Customer service capabilities include ability to flex with freight volumes; closed-loop, multi-stop shipments; tight delivery windows; high-value, time sensitive freight Driver Recruiting Ryder employs ~13,400 professional drivers and ~25 dedicated recruiters A key source for drivers has been former military personnel Synergies with FMS & SCS ~19,000 vehicles from FMS are utilized to support DTS customers DTS and SCS share engineering and IT resources significant source of growth • Continued Penetration of Target Markets ‒ Ryder's dedicated offering differentiates itself from truckload carriers by its ability to provide more specialized services for customers across industries Safety Focus Safety is one of Ryder's core values DriveCam® technology is installed on all DTS and SCS vehicles and is aimed at improving safety, while also providing a cost-benefit to Ryder and its customers 2025 Ryder System, Inc. Proprietary and Confidential All Rights Reserved 8 FMS - Maximizing Uptime for ~13,000 Contractual Customers Fleet Management Solutions (43% of 2024 RSI Operating Revenue) Commercial Rental (19% FMS Operating Revenue) Commercial vehicles for short-term customer needs Used by both lease and non- lease customers Complementary service offering for ChoiceLease customers ChoiceLease (67% FMS Operating Revenue) Long-term contractual agreement Includes vehicle procurement, flexible levels of maintenance services and used vehicle disposition Comprehensive package of fleet support services available SelectCare & Other (14% FMS Operating Revenue) Comprehensive, preventive maintenance services Vehicles are owned by our clients or under third-party finance lease contracts Safety Services Regulatory Reporting ChoiceLease Full Service SelectCare Comprehensive ChoiceLease Preventive SelectCare Preventive ChoiceLease On Demand SelectCare OnDemand Sample Clients: Note: Revenue percents based on segment operating revenue (excludes fuel). Includes Non-GAAP Financial Measures, such as Operating Revenue. Please see Appendix - Non GAAP Financial Measures for the reconciliation to the GAAP Financial Measure. 2025 Ryder System, Inc. Proprietary and Confidential All Rights Reserved 9 FMS - Operating in Large, Diverse Markets Diversified customer base represents a broad range of industries Market Opportunity (U.S.) Total Transportation & Warehousing Food & Beverage Housing Business & Personal Services Retail Stores & Apparel Industrial Automotive Energy, Chemicals & Plastics Other 27% 22% 12% 9% 7% 6% 5% 3% 8% (% of 2024 Lease, Rental & SelectCare Revenue ) Most vehicles in the large, highly addressable truck leasing, maintenance and rental market are owned and managed by customers themselves - represents a significant growth opportunity for FMS Sources of Growth Private Fleet & For-Hire Conversions Largest opportunity for growth Customer / Economic Expansion 10.5M vehicles Market 3.5M vehicles ~800k Highly vehicles Addressable DIY Market Outsourced • Fleet additions with existing customers by expanding geographies served Customer Profile Successfully services large and small private fleets ~13K ChoiceLease/ SelectCare contractual customers ~28K commercial rental customers Operating Locations ~760 operating locations (operates in U.S. and Canada) Opportunity to leverage maintenance infrastructure with fleet growth and/or resulting from customer growth Share Gain Ability to leverage maintenance infrastructure enhances competitive position in existing outsourced rental/lease market in U.S. and Canada Strategic Opportunities Supplement to organic growth where mutual interest exists Focused on accretive deals in core rental/leasing business to leverage existing facility infrastructure 2025 Ryder System, Inc. Proprietary and Confidential All Rights Reserved 10 Attention : This is an excerpt of the original content. To continue reading it, access the original document here . Attachments Original document Permalink Disclaimer Ryder System Inc. published this content on April 08, 2025 , and is solely responsible for the information contained herein. Distributed via , unedited and unaltered, on April 08, 2025 at 13:54 UTC . Investor Supplement Segment Overview, Innovation, Financials and Corporate Responsibility 1 Segment Overview @ 2025 Ryder System, Inc. 3 All Rights Reserved $2.1 Trillion Addressable U.S. Market Provides Signifi