Investor Presentaiton

MULTI-EMPLOYER PENSION PLANS " Employees covered by collective bargaining agreements. Required contractual contributions anticipated to be an average of $2.22 per hour in 2018(a). 2018 cash contributions to be approximately $105 million (a). Expense included in EBITDA. ■ Not impacted by changes in interest rates. Contributions are made to 32 multi-employer pension plans with various levels of underfunding. ■ Pension plans are managed by independent trustees. If the Company were to withdraw from or there was a termination of all of the multi-employer pension plans, the Company's portion of the contingent liability would be an estimated $9 billion. ■ However...YRC Worldwide has, and expects to continue, making its required contractual contributions to the multi- employer pension plans thus SIGNIFICANTLY minimizing the potential of any material contingent liability becoming due. Cash Contributions to Multi- Employer Pension Plans (in millions) $105 $98 $89 $89 2015A 2016A 2017A 2018E Additionally, to our knowledge, there are no regulations that would change our average per hour contribution for the remaining term of the Memorandum of Understanding (MOU) as that is contractually agreed to by and between the Company and the individual funds nor are we aware of any regulations that would materially change the status or amount of our contingent liability. As long as we continue to pay what is contractually agreed to, there should be no issue. (a) The estimated contribution amount is subject to potential increases under the 2014 MOU Extension Agreement if the Company's health and welfare contributions made to maintain the current level of health and welfare benefits are less than the health and welfare contribution amounts already negotiated. YRC WORLDWIDE INVESTOR PRESENTATION 32 32

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