Proficient Auto Logistics (PAL) Investor presentation summary

Business overview and market position

• Operates one of North America's largest auto transportation fleets, serving OEMs, rental fleets, auctions, and dealerships.

• Delivers finished vehicles from production plants, ports, and rail hubs to dealerships nationwide.

• Maintains over 1,200 transport vehicles, 800+ employees, and 55+ facilities.

• Serves more than 90% of U.S. automotive OEMs, with over 2.3 million units shipped annually.

• Strategic facility network near major ports and rail hubs supports growth and efficiency.

Growth strategy and integration

• Pursues both organic growth and acquisitions, with recent additions enhancing network density and OEM relationships.

• Achieved integration milestones: unified procurement, centralized operations, and completed systems integration.

• Focuses on customer engagement, blending legacy and new company touchpoints.

• Unified mission and values guide company culture post-acquisition.

Financial performance and balance sheet

• Q4 2025 revenue grew 11.5% YoY; full-year revenue up 10.7% and units up 16.2%.

• Adjusted EBITDA for 2025 reached $40.2M (9.3% margin); adjusted operating ratio improved to 97.5%.

• Recorded a non-cash goodwill impairment in Q4, reflecting market changes but not affecting liquidity.

• Maintains healthy cash generation, ample liquidity, and a newer equipment fleet.

• Long-term debt decreased, with substantial borrowing capacity for future growth.