Investor Presentaiton

Express priorities and financial objectives Diversify revenue streams by leveraging into high-value segments Lower cost to serve through enhanced network flexibility and operational optimization Drive profitability with an integrated European network 8-9% ADJUSTED OP. MARGIN BY FY25* 69 *Non-GAAP financial measure; see appendix for more information FedEx Express FedEx 6/28/22 Commercial priorities: leveraging our strengths with greater focus SERVICE DIFFERENTIATION + TARGETED GROWTH ACROSS... Attractive customer segments Higher-value product offerings Strategic markets and geographies Fedbe FA FedEx. FedEx. 70 70 35

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