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Investor Presentaiton

53 54 We have invested to develop a 'future-ready' network DELIVER MORE +73 facilities since FY19 6/7 day operations DELIVER BETTER Over 72% of Home Delivery packages delivered in <2 days Vehicle safety technology DELIVER SMARTER Route optimization technology increasing service provider stops per hour by 7.5% Covid accelerated growth and profitability, labor challenges offset those gains #fedexstrong +34% REVENUE FY21 +160 BPS MARGINS Driven by residential volume growth and surcharge profitability lift FY22 +9% REVENUE -250 BPS MARGINS Labor contraction created inefficiencies and increased costs 6/28/22 27

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