Schneider's Commitment to Going Green

1. SCHNEIDER NATIONAL A SHARED COMMITMENT TO GOING GREEN April 2019

2. SCHNEIDER NATIONAL THE OPTIONS YOU NEED WITH THE TRANSPORTATION AND LOGISTICS EXPERTISE TO PERFORM AS PROMISED Proprietary and confidential 2

3. SCHNEIDER NATIONAL TRANSPORTATION AND LOGISTICS WITH PURPOSE “Schneider has conducted business in an environmentally responsible manner long before it was en vogue to be green. Transportation moves today are the cleanest and most energy efficient ever because carriers, shippers and consumers are all willing to invest in more sustainable equipment and practices. Together, we’re preserving and protecting our precious natural resources and enhancing the lives of people everywhere.” – Chris Lofgren, CEO and President Schneider 3 PROPRIETARY AND CONFIDENTIAL

4. SCHNEIDER NATIONAL SOME CALL IT SUSTAINABILITY, WE CALL IT GOOD BUSINESS • Delivering the goods that enhance the lives of people everywhere requires a holistic approach • Green transportation is only a first step, a triple bottom line focus makes sustainability a part of every strategic decision Schneider makes – Environmental considerations – Social responsibilities – Financial obligations • Shared commitment, shared investment – Carriers – Shippers – Consumers 4 PROPRIETARY AND CONFIDENTIAL

5. SCHNEIDER NATIONAL SCHNEIDER’S SUSTAINABILITY GOALS • Relentlessly work to improve MPG – Equipment – Drivers – Operations • Collaborate with customers, suppliers, government groups, research institutions and environmental groups – Industry trade groups and sustainability reporting organizations (ATA Task Force on emissions reductions, EPA SmartWay Partnership, North American Council for Freight Efficiency, American Chemical Council Responsible Care Certification) – Shipper sustainability councils – Emerging equipment testing and feedback with OEMs • Everyone wins when breakthrough technologies are discovered 5 PROPRIETARY AND CONFIDENTIAL

6. SCHNEIDER NATIONAL REDUCING OUR CARBON FOOTPRINT • Schneider continues to reduce its carbon footprint by: – Improving fuel efficiency – Reducing greenhouse gas emissions – Upgrading the energy efficiency of our facilities • Our approach to truckload transportation makes us one of the most energy-efficient fleets in the industry • Working with the most energy-efficient railroads and third-party carriers makes us one of the most energy-efficient intermodal and logistics providers • Multi-modal providers deliver maximum energy efficiencies: The more diverse the modes, the more green the supply chain 6 PROPRIETARY AND CONFIDENTIAL

7. SCHNEIDER NATIONAL BOLDLY LEADING THE INDUSTRY FOR OVER 30 YEARS 7 PROPRIETARY AND CONFIDENTIAL

8. SCHNEIDER NATIONAL BOLDLY LEADING THE INDUSTRY FOR OVER 30 YEARS 8 PROPRIETARY AND CONFIDENTIAL

9. SCHNEIDER NATIONAL BOLDLY LEADING THE INDUSTRY FOR OVER 30 YEARS 9 PROPRIETARY AND CONFIDENTIAL

10. SCHNEIDER NATIONAL CHARTER MEMBER; FIRST TRUCKLOAD/INTERMODAL CARRIER IN EPA SMARTWAY TRANSPORT PARTNERSHIP • Voluntary program to conserve energy and reduce greenhouse gas emissions • Schneider recognized by EPA with SmartWay Award of Excellence 9 times since the award’s inception in 2005 – Few other transportation companies have been recognized as often – Expectation to be an industry leader, share knowledge with smaller carriers and advance the industry as a whole “I commend Schneider for its leadership in promoting sustainable transportation practices through the SmartWay Transport Partnership. These actions demonstrate a commitment to a cleaner environment and more secure energy supply.” - Margo Oge, Former Director, Office of Transportation & Air Quality EPA 10 PROPRIETARY AND CONFIDENTIAL

11. SCHNEIDER NATIONAL 2014-17 SMARTWAY REPORT CARD • 18% reduction CO2 • 69% reduction YoY NOx • 92% reduction YoY PM Results inclusive of all Schneider lines of business. 11 PROPRIETARY AND CONFIDENTIAL

12. SCHNEIDER NATIONAL SERVING CUSTOMERS AND OUR PLANET THROUGH INDUSTRY THOUGHT LEADERSHIP AND ADVOCACY • Collaboration with customers, suppliers, associates and environmental groups to ensure we’re leading the way • Active engagement with government and industry leaders – University of Wisconsin alternate fuels research project – Shipper sustainability councils – Participant in the North American Council for Freight Efficiency (NACFE), an organization dedicated to doubling the efficiency of the North American goods movement 12 PROPRIETARY AND CONFIDENTIAL

13. SCHNEIDER NATIONAL SHIPPERS SHARE OUR COMMITMENT TO GREEN “Partnering with Schneider has been a key factor in our ability to continue finding new levels of efficiency and better environmental performance.” - Paul Snider Vice President, Transportation (Consumer Products) 13 PROPRIETARY AND CONFIDENTIAL

14. SCHNEIDER NATIONAL ONE OF THE MOST ENERGY-EFFICIENT FLEETS IN NORTH AMERICA • Through investments, operational improvements and driver behavior, Schneider has improved fuel efficiency 14.8% since 2008. – Between 2017-2018, Schneider decreased fuel consumption by 5 million gallons – Future efficiencies and continuous improvement is possible, but impact will be minimal; the heavy lifting has been done • Schneider also: – Recycles 12,000 batteries/years – Recycles 160,000 gallons of oil/year – Retreads 92,950 tire casings/year – Has trailer skirting installed on 100% of the Van Truckload fleet – Invests millions of dollars annually (an increasing amount each year) on diesel exhaust fluid (DEF), a reagent that helps clean the exhaust 14 PROPRIETARY AND CONFIDENTIAL

15. SCHNEIDER NATIONAL FLEET INTEGRATION OF NEWEST EPA-COMPLIANT ENGINES Transition to the latest clean-diesel emission compliant engines is well underway – One of the first systems of its kind to increase fuel efficiency while reducing emissions to near-zero levels – Exhaust leaving truck smokestack of these trucks is cleaner than the air brought in through air filter in a some major metropolitan cities 15 PROPRIETARY AND CONFIDENTIAL

16. SCHNEIDER NATIONAL USING ALTERNATIVE FUELS WISELY • Schneider’s green initiatives include renewable fuels – Schneider consumes 10 million gallons of blended biodiesel/year – Active supporter of renewable fuels that are competitively priced and do not impact truck performance, durability or the ability to meet near-zero emissions standards set by the EPA – Testing Liquid Natural Gas and Compressed Natural Gas – Placed reservations to purchase new Tesla Semi trucks 16 PROPRIETARY AND CONFIDENTIAL

17. SCHNEIDER NATIONAL OVERALL ECONOMICS OF NATURAL GAS OPERATIONS ARE NOT ENTICING CARRIERS TO EXPAND BEYOND TESTING MPG • Delivers 15% less MPG • CNG limited outside of major metro markets; very little LNG infrastructure Fueling station network • Increased frequency and time • Negative impact to driver productivity •$.02/mile or more •$100k to modify single maintenance bay Fueling time Maintenance cost Equipment cost • $50k-$60k more than current diesel • Engine life is half that of diesel; unknown aftermarket interest •Training and education needed to overcome initial fear Equipment salvage value Driver adaptability and acceptance Sources: BB&T Capital and FTR Associates 17 PROPRIETARY AND CONFIDENTIAL

18. SCHNEIDER NATIONAL SOCIETY OF AUTOMOTIVE ENGINEERS (SAE) PROGRAM DEPLOYED TO TEST AND DISCOVER THE NEXT BIG IDEA • For over 25 years, onsite engineers committed to improving fuel efficiency and achieving additional emission reductions by testing and validating emerging energy-efficient technologies – More than 500 trucks are in various evaluation programs – All trucks have engine-off in-cab heaters as standard equipment – Deploying battery operated, engine-off cooling solutions 18 PROPRIETARY AND CONFIDENTIAL

19. SCHNEIDER NATIONAL SCHNEIDER’S INDUSTRY LEADING ENERGY-EFFICIENCY INVESTMENTS HIT THE ROAD EVERY DAY Fuel-fired heater and Auxiliary Power Unit for cab cooling and engine-off accessory power Trailer-tracking Minimal gap with sliding 5thwheel Optimized roof fairing Smooth-side trailers Side extenders Improved aero hood Aero mirrors 2017 GHG engines Ultra low viscosity, high- efficiency motor oil Automatic tire inflation system Ambient Air Temperature Sensors Automated Manual Transmission Lower axle ratio/ downsped engine Trailer skirting Adaptive Cruise Control Road speed limiters Optimized shifting Torque control In-cab communications (ELDs) Tire compound/ tread designs Drive tire fairings Low-rolling resistance tires and aero wheel covers Aero bumper Optimized drivelines Low-friction driveline lubes Fuel tank skirts Terrain-mapping predictive technologies 19 PROPRIETARY AND CONFIDENTIAL

20. SCHNEIDER NATIONAL FUTURE OPPORTUNITIES FOR IMPROVED ENERGY EFFICIENCY Manufacturer chassis design Cameras replace mirrors Trailer tails Component electrification Cooling air flow management Trailer aerodynamic enhancements Electrification of powertrain Further reduction in rear-axle ratio Automatic tire inflation system for trucks Aerodynamic under treatments Further reduction in motor oil viscosity Alternative fuels 20 PROPRIETARY AND CONFIDENTIAL

21. SCHNEIDER NATIONAL TRAINING AND ENGAGING DRIVERS EARLY AND OFTEN • Simulation-based driver training programs show drivers they are the primary managers of truck energy efficiencies – Simulation results in an average fuel savings of 335,000 gallons per year • Drivers receive bonuses for energy conservation and safety – $14 million in driver incentives paid for fuel management, safety and other efforts awarded in 2018 21 PROPRIETARY AND CONFIDENTIAL

22. SCHNEIDER NATIONAL PROTECTING OUR VALUABLE NATURAL RESOURCES • Responsible Care®is the chemical industry’s global voluntary initiative to continuously improve health, safety and environmental performance – Schneider’s Bulk division has been a Responsible Care partner since 1995 22 PROPRIETARY AND CONFIDENTIAL

23. SCHNEIDER NATIONAL LOGISTICS SERVICES RECOGNIZED BY EPA SMARTWAY TRANSPORT AND RESPONSIBLE CARE PARTNERSHIPS • Schneider is committed to increasing SmartWay carrier usage and is working with third-party carriers to implement no idle policies • Schneider’s Supply Chain Management business has over 1,100 SmartWay carriers in its network and continues to increase its use of SmartWay partners 23 PROPRIETARY AND CONFIDENTIAL

24. SCHNEIDER NATIONAL SUSTAINABILITY BEGINS AT HOME • All Schneider facilities are models of energy efficiency – Green team in place to identify energy improvements including site-specific goals for energy efficiency – High-intensity discharge lighting with energy-saving bulbs; LED lighting being explored – Upgrade of data center A/C reduced energy consumption 25% at corporate office – Relamping of sites generated a 12.5% reduction in energy – Economizer systems for all HVAC equipment – Energy audits at all facilities • Corporate recycling program • Dust control methods put fewer chemicals on our yards • Sourcing environmentally friendly products 24 PROPRIETARY AND CONFIDENTIAL

25. SCHNEIDER NATIONAL INTERMODAL TRANSPORTATION PLAYS A CRITICAL ROLE IN SCHNEIDER’S SUSTAINABILITY SUCCESS • Moving freight by rail reduces highway congestion, infrastructure wear and tear and capacity constraints • Intermodal transport is, on average, two times more energy-efficient than over-the-road transport • Each railroad Schneider works with can currently move a ton of freight 474 - 500 miles on a single gallon of fuel, and are making sustainability improvements each year (Source: Association of American Railroads) 25 PROPRIETARY AND CONFIDENTIAL

26. SCHNEIDER NATIONAL SCHNEIDER WORKS WITH MOST ENERGY-EFFICIENT RAIL PROVIDERS CSX • 4.7% reduction of energy intensity since 2011. • 5.1% reduction of greenhouse gas emission intensity since 2011. • In 2017, CSX moved one ton of freight 488 miles on a single gallon of fuel, four times as much as a truck. A single train also carries the volume of 280+ trucks. • Shipping by CSX can reduce carbon emissions by approximately 1,571 tons compared to shipping by truck. 26 PROPRIETARY AND CONFIDENTIAL

27. SCHNEIDER NATIONAL SCHNEIDER WORKS WITH MOST ENERGY-EFFICIENT RAIL PROVIDERS BNSF • Over the past decade, BNSF has: – Decreased GHG intensity by approximately 3.5 percent – Reduced its fleet’s average emission rate of nitrogen oxides and particulate matter. (2008-2017 = 34% reduction in tons of NOx and a 45% reduction in tons of PM) • BNSF’s total energy use has been reduced by 5.3 percent since 2014, with major reductions seen in locomotive diesel consumption. • BNSF customers reduced their total carbon emissions by 37.5M metric tons in 2017 by shipping with BNSF instead of moving freight entirely over the road • BNSF was the first U.S. rail carrier to install wide-span cranes. – These cranes produce zero emissions on site while generating power each time they lower a load. The wide stance design of these new cranes eliminates as many as six diesel trucks (hostlers) for shuttling containers within the intermodal facility, reducing emissions and improving fuel efficiency. We currently use this technology at our Seattle International Gateway intermodal facility, Memphis intermodal facility, and Logistics Park in Kansas City. 27 PROPRIETARY AND CONFIDENTIAL

28. SCHNEIDER NATIONAL SCHNEIDER WORKS WITH MOST ENERGY-EFFICIENT RAIL PROVIDERS KCS • Trip Optimizer Initiative: Through a complex network of onboard computers, GPS systems and advanced algorithms that make adjustments during the rail journey, each trip’s profile is updated continuously, saving approximately 1.1M diesel gallons of fuel in 2017. • Excessive Idle Reduction Initiative: Active overhaul program to install Auto Engine Stop/Start. Saved approximately 5.9M diesel gallons of fuel in 2017. • Utilized solar as an alternative power source at 90 signal locations. Of these, 43 are Positive Train Control (PTC) Wayside Interface Unit (WIU) locations • In 2017, KCS became the first American Chemistry Council (ACC) Responsible Care® partner to receive an Exceptional Merit designation for their use of the Trip Optimizer. 28 PROPRIETARY AND CONFIDENTIAL

29. SCHNEIDER NATIONAL TRANSFORMING THE INTERMODAL FOOTPRINT • Purchased 18,000 stackable containers since 2010 to enable additional freight conversion and further reduce carbon consumption – New tractor purchases have reduced average tractor age from 5.1 to 3 years • Implemented owned chassis program, which enables heavier weight capacity • Schneider’s Carbon Consumption analytical tools help shippers see impact that freight conversion to Intermodal can have on their supply chain footprint • Currently expanding Bulk Intermodal Trailer Service 29 PROPRIETARY AND CONFIDENTIAL

30. SCHNEIDER NATIONAL PEOPLE TAKE NOTE WHEN YOU DO THE RIGHT THING • SmartWay Award of Excellence Presented by: EPA • Green Supply Chain Enabler Presented by: Supply & Demand Chain Executive magazine • CaseStack Green Carrier Award • Green Fleet of the Year Presented by: Fleet Owner magazine • CSX Environmental Award • Green Supply Chain Partner Presented by: Inbound Logistics magazine • Top Green Providers Presented by: Food Logistics magazine • Eco-Enterprise Award Presented by: Oracle 30 PROPRIETARY AND CONFIDENTIAL

31. SCHNEIDER NATIONAL OUR SHARED INVESTMENT MAKES A WORLD OF DIFFERENCE • Transportation moves today are the cleanest and most energy efficient ever because carriers, shippers and consumers are working together, sharing the investment in energy efficiency • Carriers focused on sustainability have shippers’ bottom line in mind – An energy efficient supply chain drives our business and theirs – When we invest, so do shippers – When we get greener, so do shippers 31 PROPRIETARY AND CONFIDENTIAL

32. SCHNEIDER NATIONAL GOING GREEN TOGETHER We look forward to working with you to deliver a cleaner and more cost-effective tomorrow. 32 PROPRIETARY AND CONFIDENTIAL