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Investor Presentaiton

($ in millions) EBITDA RECONCILIATION (SEGMENT) YRC Freight Segment Reconciliation of operating income (loss) to adjusted EBITDA (a) Operating income (loss)' (c) Depreciation and amortization (Gains) losses on property disposals, net Letter of credit expense Restructuring charges Nonrecurring consulting fees Amortization of ratification bonus Non-union pension and postretirement benefits (c) Other, net (b) Adjusted EBITDA Regional Transportation Segment Reconciliation of operating income to adjusted EBITDA Operating income (c) Depreciation and amortization Losses on property disposals, net Letter of credit expense Amortization of ratification bonus (b) (c) Other, net Adjusted EBITDA FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 3Q 2017 3Q 2018 LTM 3Q 2017 LTM 3Q 2018 $ (12.6) $ 109.1 23.2 $ 98.0 63.3 $ 93.1 71.8 $ 90.3 60.8 84.8 $ 23.2 $ 24.7 $ 51.3 $ 58.7 21.1 18.4 86.0 82.7 (3.0) (15.9) 1.9 (15.7) (2.2) 1.0 1.6 (2.0) 2.6 25.8 8.3 6.1 5.0 4.3 1.1 1.0 4.4 4.1 0.9 0.3 0.3 0.7 1.9 5.0 5.1 10.0 12.2 3.0 $ (18.6) 4.5 105.2 $ (22.7) (1.1) 99.8 $ (16.1) 1.6 167.2 $ (18.6) (11.7) (2.9) 0.4 (13.5) (1.4) 4.3 140.1 $ 0.9 (1.2) 0.6 0.2 4.8 137.8 $ 42.6 $ 48.6 $ 126.6 $ 157.2 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 3Q 2017 3Q 2018 LTM 3Q 2017 LTM 3Q 2018 $ 80.0 $ 66.2 $ 85.5 $ 81.4 $ 67.9 $ 21.5 $ 18.4 $ 75.4 $ 61.7 63.1 65.8 70.7 69.5 62.9 15.6 16.2 65.3 63.9 0.6 4.0 0.2 1.1 1.6 0.3 0.3 1.5 1.4 6.8 2.9 2.1 2.5 2.2 0.5 0.6 2.1 2.3 5.6 6.7 1.6 0.0 (0.1) 0.7 0.4 1.8 0.8 0.2 1.2 1.9 $ 150.5 $ 144.4 $ 165.9 $ 156.5 $ 136.4 $ 38.7 $ 35.7 $ 145.5 $ 131.2 (a) Certain reclassifications have been made to prior years to conform to current year presentation (b) As required under our Term Loan Agreement, Other, net, shown above consists of the impact of certain items to be included in Adjusted EBITDA (c) Due to the adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, "Operating income (loss)" and "Other, net" for prior years have been updated to reflect the reclassification of pension expense YRC WORLDWIDE INVESTOR PRESENTATION 39
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