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Sustainable Growth and Financial Review

Non-GAAP reconciliation - free cash flow¹ ($M) FY2017 FY2018 FY2019 FY2020 FY2021 1Q22 1Q21 Net cash provided by $461 $567 $636 $618 $566 $136 $101 operating activities Purchases of (389) (385) (335) (275) (399) (60) (19) transportation equipment Purchases of other (33) (37) (62) (50) (50) (14) (10) property and equipment Proceeds from sale of 70 91 90 87 178 65 32 property and equipment Net capital expenditures (352) (332) (307) (237) (271) (10) 3 Free cash flow $109 $235 $329 $381 $295 $126 $105 Non-GAAP reconciliation - adjusted diluted earnings per share¹ FY2020 FY2021 1Q22 1Q21 Diluted earnings per share $1.19 $2.28 $0.52 $0.31 Non-GAAP adjustments, 0.06 0.01 0.06 0.00 tax effected Adjusted diluted earnings per share $1.25 $2.29 $0.57 $0.31 Notes: 1 Table may not sum due to rounding. SCHNEIDER Investor presentation 16
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