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Investor Presentaiton

Experienced Team Guides a Resilient Platform ■ Recent cycle challenged by: ☐ ■ Influx of capital into rail industry Collapse of oil prices ■ Industrial decline ■ Global trade wars ■ Cyclically Experienced Management Team ■ Resilient Cash Flow from Platform of Businesses Transformation of Operating Model Underway - Fleet Utilization ■ COVID-19 pandemic 100% 95% 90% 85% 80% 75% 70% Economic Growth Financial Collapse Energy Renaissance Industrial Decline/ Pandemic 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 LTM Lease Fleet Utilization Railcar Unit Deliveries TRINITY INDUSTRIES Railcar Deliveries DELIVERING GOODS for THE GOOD of ALL /// 9
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