Forward Air Corporation Financial Overview

$ millions (non-GAAP) 140 120 100 80 60 40 20 Forward Air.. CORPORATION Operating Income Growth Double-Digit Operating Income Growth This Decade Consolidated Operating Income 0 2010 H 2011 2012 2013 Note: Impact of ASC 606 (Revenue from Contracts with Customers) estimated for 2010 to 2013 Non-GAAP adjustment, see appendix * CAGR 10% 2014 2015 2016 2017 2018 ➤ Organic as well as acquisitive growth ➤ Expedited LTL key contributor; Intermodal growing rapidly 7

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