Q2 2026 Earnings

PFS Insignificant-Delay Modifications as Percentage of Retail Portfolio

2.9%

The Company modifies loans and finance leases as a normal part of its Financial Services operations. The Company may modify loans and finance leases for commercial reasons or for credit reasons. Modifications for commercial reasons are changes to contract terms for customers that are not considered to be in financial difficulty. Insignificant delays are modifications extending terms up to three months for customers experiencing some short-term financial stress, but not considered to be in financial difficulty. Modifications for credit reasons are changes to contract terms for customers considered to be in financial difficulty. The Company’s modifications typically result in granting more time to pay the contractual amounts owed and charging a fee and interest for the term of the modification. When considering whether to modify customer accounts for credit reasons, the Company evaluates the creditworthiness of the customers and modifies those accounts that the Company considers likely to perform under the modified terms. - 47 - The post-modification balances of accounts modified during the six months ended June 30, 2026 and 2025 are summarized below: 2026 2025 ($ in millions) AMORTIZED COST BASIS % OF TOTAL PORTFOLIO* AMORTIZED COST BASIS % OF TOTAL PORTFOLIO* Commercial $ 100.0 1.3 % $ 182.3 2.4 % Insignificant delay 229.2 2.9 % 171.8 2.2 % Credit 323.5 4.2 % 141.6 1.9 % $ 652.7 8.4 % $ 495.7 6.5 % * Amortized cost basis immediately after modification as a percentage of ending retail portfolio, on an annualized basis. Modification activity increased to $652.7 million in the first six months of 2026 from $495.7 million in the same period of 2025. The decrease in modifications for Commercial reasons primarily reflects lower volumes of refinancing, primarily in the U.S. The increase related to Insignificant delay modifications reflects an increase in customers requesting payment relief for up to three months, primarily in Australia. These customers were predominately not past due at the time of modification and at June 30, 2026. The increase in Credit modifications reflect higher volumes of contract modifications for customers experiencing financial difficulty in the U.S., Mexico and Australia due to weak market conditions.

PFS Net Charge-Offs

$44.9M

The following table summarizes the provision for losses on receivables and net charge-offs: Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 10.8 $ 11.2 $ 26.4 $ 28.1 Europe 3.7 3.4 6.7 6.3 Mexico, Australia, Brasil and other 24.9 30.3 50.4 53.6 $ 39.4 $ 44.9 $ 83.5 $ 88.0 Three Months Ended Six Months Ended June 30, 2025 June 30, 2025 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 14.8 $ 17.5 $ 22.1 $ 30.9 Europe 2.7 3.1 4.9 5.2 Mexico, Australia, Brasil and other 11.7 4.3 20.5 9.8 $ 29.2 $ 24.9 $ 47.5 $ 45.9 The provision for losses on receivables increased to $39.4 million in the second quarter of 2026 from $29.2 million in the same period of 2025. In the first six months of 2026, the provision for losses on receivables increased to $83.5 million from $47.5 million in the same period of 2025. The increase in the second quarter and the first six months of 2026 compared to 2025 was primarily due to a higher provision in Brasil, reflecting an increase in 30+ days past due accounts. Net charge-offs increased to $44.9 million in the second quarter of 2026 from $24.9 million in the same period of 2025. In the first six months of 2026, net charge-offs increased to $88.0 million from $45.9 million in the same period of 2025. Higher net charge-offs in Brasil reflected challenging economic conditions, including higher interest rates and slowing freight activities.

PFS Net Charge-Offs — Europe

$3.4M

The following table summarizes the provision for losses on receivables and net charge-offs: Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 10.8 $ 11.2 $ 26.4 $ 28.1 Europe 3.7 3.4 6.7 6.3 Mexico, Australia, Brasil and other 24.9 30.3 50.4 53.6 $ 39.4 $ 44.9 $ 83.5 $ 88.0 Three Months Ended Six Months Ended June 30, 2025 June 30, 2025 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 14.8 $ 17.5 $ 22.1 $ 30.9 Europe 2.7 3.1 4.9 5.2 Mexico, Australia, Brasil and other 11.7 4.3 20.5 9.8 $ 29.2 $ 24.9 $ 47.5 $ 45.9 The provision for losses on receivables increased to $39.4 million in the second quarter of 2026 from $29.2 million in the same period of 2025. In the first six months of 2026, the provision for losses on receivables increased to $83.5 million from $47.5 million in the same period of 2025. The increase in the second quarter and the first six months of 2026 compared to 2025 was primarily due to a higher provision in Brasil, reflecting an increase in 30+ days past due accounts. Net charge-offs increased to $44.9 million in the second quarter of 2026 from $24.9 million in the same period of 2025. In the first six months of 2026, net charge-offs increased to $88.0 million from $45.9 million in the same period of 2025. Higher net charge-offs in Brasil reflected challenging economic conditions, including higher interest rates and slowing freight activities.

PFS Net Charge-Offs — Mexico, Australia, Brasil and Other

$30.3M

The following table summarizes the provision for losses on receivables and net charge-offs: Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 10.8 $ 11.2 $ 26.4 $ 28.1 Europe 3.7 3.4 6.7 6.3 Mexico, Australia, Brasil and other 24.9 30.3 50.4 53.6 $ 39.4 $ 44.9 $ 83.5 $ 88.0 Three Months Ended Six Months Ended June 30, 2025 June 30, 2025 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 14.8 $ 17.5 $ 22.1 $ 30.9 Europe 2.7 3.1 4.9 5.2 Mexico, Australia, Brasil and other 11.7 4.3 20.5 9.8 $ 29.2 $ 24.9 $ 47.5 $ 45.9 The provision for losses on receivables increased to $39.4 million in the second quarter of 2026 from $29.2 million in the same period of 2025. In the first six months of 2026, the provision for losses on receivables increased to $83.5 million from $47.5 million in the same period of 2025. The increase in the second quarter and the first six months of 2026 compared to 2025 was primarily due to a higher provision in Brasil, reflecting an increase in 30+ days past due accounts. Net charge-offs increased to $44.9 million in the second quarter of 2026 from $24.9 million in the same period of 2025. In the first six months of 2026, net charge-offs increased to $88.0 million from $45.9 million in the same period of 2025. Higher net charge-offs in Brasil reflected challenging economic conditions, including higher interest rates and slowing freight activities.

PFS Net Charge-Offs — U.S. and Canada

$11.2M

The following table summarizes the provision for losses on receivables and net charge-offs: Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 10.8 $ 11.2 $ 26.4 $ 28.1 Europe 3.7 3.4 6.7 6.3 Mexico, Australia, Brasil and other 24.9 30.3 50.4 53.6 $ 39.4 $ 44.9 $ 83.5 $ 88.0 Three Months Ended Six Months Ended June 30, 2025 June 30, 2025 ($ in millions) PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS PROVISION FOR LOSSES ON RECEIVABLES NET CHARGE- OFFS U.S. and Canada $ 14.8 $ 17.5 $ 22.1 $ 30.9 Europe 2.7 3.1 4.9 5.2 Mexico, Australia, Brasil and other 11.7 4.3 20.5 9.8 $ 29.2 $ 24.9 $ 47.5 $ 45.9 The provision for losses on receivables increased to $39.4 million in the second quarter of 2026 from $29.2 million in the same period of 2025. In the first six months of 2026, the provision for losses on receivables increased to $83.5 million from $47.5 million in the same period of 2025. The increase in the second quarter and the first six months of 2026 compared to 2025 was primarily due to a higher provision in Brasil, reflecting an increase in 30+ days past due accounts. Net charge-offs increased to $44.9 million in the second quarter of 2026 from $24.9 million in the same period of 2025. In the first six months of 2026, net charge-offs increased to $88.0 million from $45.9 million in the same period of 2025. Higher net charge-offs in Brasil reflected challenging economic conditions, including higher interest rates and slowing freight activities.

PFS Total Modifications as Percentage of Retail Portfolio

8.4%

The Company modifies loans and finance leases as a normal part of its Financial Services operations. The Company may modify loans and finance leases for commercial reasons or for credit reasons. Modifications for commercial reasons are changes to contract terms for customers that are not considered to be in financial difficulty. Insignificant delays are modifications extending terms up to three months for customers experiencing some short-term financial stress, but not considered to be in financial difficulty. Modifications for credit reasons are changes to contract terms for customers considered to be in financial difficulty. The Company’s modifications typically result in granting more time to pay the contractual amounts owed and charging a fee and interest for the term of the modification. When considering whether to modify customer accounts for credit reasons, the Company evaluates the creditworthiness of the customers and modifies those accounts that the Company considers likely to perform under the modified terms. - 47 - The post-modification balances of accounts modified during the six months ended June 30, 2026 and 2025 are summarized below: 2026 2025 ($ in millions) AMORTIZED COST BASIS % OF TOTAL PORTFOLIO* AMORTIZED COST BASIS % OF TOTAL PORTFOLIO* Commercial $ 100.0 1.3 % $ 182.3 2.4 % Insignificant delay 229.2 2.9 % 171.8 2.2 % Credit 323.5 4.2 % 141.6 1.9 % $ 652.7 8.4 % $ 495.7 6.5 % * Amortized cost basis immediately after modification as a percentage of ending retail portfolio, on an annualized basis. Modification activity increased to $652.7 million in the first six months of 2026 from $495.7 million in the same period of 2025. The decrease in modifications for Commercial reasons primarily reflects lower volumes of refinancing, primarily in the U.S. The increase related to Insignificant delay modifications reflects an increase in customers requesting payment relief for up to three months, primarily in Australia. These customers were predominately not past due at the time of modification and at June 30, 2026. The increase in Credit modifications reflect higher volumes of contract modifications for customers experiencing financial difficulty in the U.S., Mexico and Australia due to weak market conditions.

Pro Forma Retail Loan and Lease Accounts 30+ Days Past Due — Europe

1.1%

When the Company modifies a 30+ days past due account, the customer is then generally considered current under the revised contractual terms. Contract modifications, which were 30+ days past due and became current at the time of modification, were $72.8 million worldwide during the second quarter of 2026, $72.9 million during the fourth quarter of 2025 and $60.8 million during the second quarter of 2025. Had these accounts not been modified and continued to not make payments, the pro forma percentage of retail loan and lease accounts 30+ days past due would have been as follows: June 30 2026 December 31 2025 June 30 2025 Pro forma percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 2.1 % .9 % Europe 1.1 % 1.1 % .7 % Mexico, Australia, Brasil and other 6.5 % 5.8 % 3.8 % Worldwide 2.6 % 2.8 % 1.6 % The Company typically requires customers to pay current before granting modifications. The higher pro forma percentage of retail loan and lease accounts 30+ days past due at June 30, 2026 in Mexico, Australia, Brasil and other was primarily due to one large fleet customer modified in Australia.

Pro Forma Retail Loan and Lease Accounts 30+ Days Past Due — Mexico, Australia, Brasil and Other

6.5%

When the Company modifies a 30+ days past due account, the customer is then generally considered current under the revised contractual terms. Contract modifications, which were 30+ days past due and became current at the time of modification, were $72.8 million worldwide during the second quarter of 2026, $72.9 million during the fourth quarter of 2025 and $60.8 million during the second quarter of 2025. Had these accounts not been modified and continued to not make payments, the pro forma percentage of retail loan and lease accounts 30+ days past due would have been as follows: June 30 2026 December 31 2025 June 30 2025 Pro forma percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 2.1 % .9 % Europe 1.1 % 1.1 % .7 % Mexico, Australia, Brasil and other 6.5 % 5.8 % 3.8 % Worldwide 2.6 % 2.8 % 1.6 % The Company typically requires customers to pay current before granting modifications. The higher pro forma percentage of retail loan and lease accounts 30+ days past due at June 30, 2026 in Mexico, Australia, Brasil and other was primarily due to one large fleet customer modified in Australia.

Pro Forma Retail Loan and Lease Accounts 30+ Days Past Due — U.S. and Canada

1.4%

When the Company modifies a 30+ days past due account, the customer is then generally considered current under the revised contractual terms. Contract modifications, which were 30+ days past due and became current at the time of modification, were $72.8 million worldwide during the second quarter of 2026, $72.9 million during the fourth quarter of 2025 and $60.8 million during the second quarter of 2025. Had these accounts not been modified and continued to not make payments, the pro forma percentage of retail loan and lease accounts 30+ days past due would have been as follows: June 30 2026 December 31 2025 June 30 2025 Pro forma percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 2.1 % .9 % Europe 1.1 % 1.1 % .7 % Mexico, Australia, Brasil and other 6.5 % 5.8 % 3.8 % Worldwide 2.6 % 2.8 % 1.6 % The Company typically requires customers to pay current before granting modifications. The higher pro forma percentage of retail loan and lease accounts 30+ days past due at June 30, 2026 in Mexico, Australia, Brasil and other was primarily due to one large fleet customer modified in Australia.

Pro Forma Retail Loan and Lease Accounts 30+ Days Past Due — Worldwide

2.6%

When the Company modifies a 30+ days past due account, the customer is then generally considered current under the revised contractual terms. Contract modifications, which were 30+ days past due and became current at the time of modification, were $72.8 million worldwide during the second quarter of 2026, $72.9 million during the fourth quarter of 2025 and $60.8 million during the second quarter of 2025. Had these accounts not been modified and continued to not make payments, the pro forma percentage of retail loan and lease accounts 30+ days past due would have been as follows: June 30 2026 December 31 2025 June 30 2025 Pro forma percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 2.1 % .9 % Europe 1.1 % 1.1 % .7 % Mexico, Australia, Brasil and other 6.5 % 5.8 % 3.8 % Worldwide 2.6 % 2.8 % 1.6 % The Company typically requires customers to pay current before granting modifications. The higher pro forma percentage of retail loan and lease accounts 30+ days past due at June 30, 2026 in Mexico, Australia, Brasil and other was primarily due to one large fleet customer modified in Australia.

Retail Loan and Lease Accounts 30+ Days Past Due — Europe

1.1%

The following table summarizes the Company’s 30+ days past due accounts: June 30 2026 December 31 2025 June 30 2025 Percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 1.8 % .8 % Europe 1.1 % 1.0 % .6 % Mexico, Australia, Brasil and other 4.7 % 4.6 % 2.4 % Worldwide 2.2 % 2.4 % 1.2 % Accounts 30+ days past due was 2.2% at June 30, 2026 compared to 2.4% at December 31, 2025 and 1.2% at June 30, 2025. The decreased past dues as of June 30, 2026 compared to December 31, 2025 in the U.S. and Canada reflects customer payments, accounts charged off and modifications. Customer payment performance improved in the second quarter of 2026, reflecting more favorable freight market conditions in the U.S. and Canada. This was partially offset by increased past due accounts in Brasil. The Company continues to focus on maintaining low past due balances.

Retail Loan and Lease Accounts 30+ Days Past Due — Mexico, Australia, Brasil and Other

4.7%

The following table summarizes the Company’s 30+ days past due accounts: June 30 2026 December 31 2025 June 30 2025 Percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 1.8 % .8 % Europe 1.1 % 1.0 % .6 % Mexico, Australia, Brasil and other 4.7 % 4.6 % 2.4 % Worldwide 2.2 % 2.4 % 1.2 % Accounts 30+ days past due was 2.2% at June 30, 2026 compared to 2.4% at December 31, 2025 and 1.2% at June 30, 2025. The decreased past dues as of June 30, 2026 compared to December 31, 2025 in the U.S. and Canada reflects customer payments, accounts charged off and modifications. Customer payment performance improved in the second quarter of 2026, reflecting more favorable freight market conditions in the U.S. and Canada. This was partially offset by increased past due accounts in Brasil. The Company continues to focus on maintaining low past due balances.

Retail Loan and Lease Accounts 30+ Days Past Due — U.S. and Canada

1.4%

The following table summarizes the Company’s 30+ days past due accounts: June 30 2026 December 31 2025 June 30 2025 Percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 1.8 % .8 % Europe 1.1 % 1.0 % .6 % Mexico, Australia, Brasil and other 4.7 % 4.6 % 2.4 % Worldwide 2.2 % 2.4 % 1.2 % Accounts 30+ days past due was 2.2% at June 30, 2026 compared to 2.4% at December 31, 2025 and 1.2% at June 30, 2025. The decreased past dues as of June 30, 2026 compared to December 31, 2025 in the U.S. and Canada reflects customer payments, accounts charged off and modifications. Customer payment performance improved in the second quarter of 2026, reflecting more favorable freight market conditions in the U.S. and Canada. This was partially offset by increased past due accounts in Brasil. The Company continues to focus on maintaining low past due balances.

Retail Loan and Lease Accounts 30+ Days Past Due — Worldwide

2.2%

The following table summarizes the Company’s 30+ days past due accounts: June 30 2026 December 31 2025 June 30 2025 Percentage of retail loan and lease accounts 30+ days past due: U.S. and Canada 1.4 % 1.8 % .8 % Europe 1.1 % 1.0 % .6 % Mexico, Australia, Brasil and other 4.7 % 4.6 % 2.4 % Worldwide 2.2 % 2.4 % 1.2 % Accounts 30+ days past due was 2.2% at June 30, 2026 compared to 2.4% at December 31, 2025 and 1.2% at June 30, 2025. The decreased past dues as of June 30, 2026 compared to December 31, 2025 in the U.S. and Canada reflects customer payments, accounts charged off and modifications. Customer payment performance improved in the second quarter of 2026, reflecting more favorable freight market conditions in the U.S. and Canada. This was partially offset by increased past due accounts in Brasil. The Company continues to focus on maintaining low past due balances.

New Truck Deliveries — Europe

11.2K

The Company’s new truck deliveries are summarized below: Three Months Ended Six Months Ended June 30 June 30 2026 2025 % CHANGE 2026 2025 % CHANGE U.S. and Canada 22,000 23,000 (4 ) 39,800 45,200 (12 ) Europe 11,200 10,600 6 22,400 21,000 7 Mexico, South America, Australia and other 5,500 5,700 (4 ) 9,600 13,200 (27 ) Total units 38,700 39,300 (2 ) 71,800 79,400 (10 )

New Truck Deliveries — Mexico, South America, Australia and Other

5.5K

The Company’s new truck deliveries are summarized below: Three Months Ended Six Months Ended June 30 June 30 2026 2025 % CHANGE 2026 2025 % CHANGE U.S. and Canada 22,000 23,000 (4 ) 39,800 45,200 (12 ) Europe 11,200 10,600 6 22,400 21,000 7 Mexico, South America, Australia and other 5,500 5,700 (4 ) 9,600 13,200 (27 ) Total units 38,700 39,300 (2 ) 71,800 79,400 (10 )

New Truck Deliveries — U.S. and Canada

22.0K

The Company’s new truck deliveries are summarized below: Three Months Ended Six Months Ended June 30 June 30 2026 2025 % CHANGE 2026 2025 % CHANGE U.S. and Canada 22,000 23,000 (4 ) 39,800 45,200 (12 ) Europe 11,200 10,600 6 22,400 21,000 7 Mexico, South America, Australia and other 5,500 5,700 (4 ) 9,600 13,200 (27 ) Total units 38,700 39,300 (2 ) 71,800 79,400 (10 )

Worldwide New Truck Deliveries

38.7K

The Company’s new truck deliveries are summarized below: Three Months Ended Six Months Ended June 30 June 30 2026 2025 % CHANGE 2026 2025 % CHANGE U.S. and Canada 22,000 23,000 (4 ) 39,800 45,200 (12 ) Europe 11,200 10,600 6 22,400 21,000 7 Mexico, South America, Australia and other 5,500 5,700 (4 ) 9,600 13,200 (27 ) Total units 38,700 39,300 (2 ) 71,800 79,400 (10 )

PFS Borrowing Rate

4.8%

- 44 - • Lower borrowing rates (4.8% in 2026 compared to 5.2% in 2025) decreased interest and other borrowing expenses by $10.5 million and were primarily due to lower debt market rates, primarily in Europe and Mexico.

PFS Finance Margin

$166.3M

The major factors for the changes in interest and fees, interest and other borrowing expenses and finance margin for the three months ended June 30, 2026 and 2025 are outlined below: ($ in millions) INTEREST AND FEES INTEREST AND OTHER BORROWING EXPENSES FINANCE MARGIN Three Months Ended June 30, 2025 $ 357.6 $ 200.3 $ 157.3 (Decrease) increase Average finance receivables (11.8 ) (11.8 ) Average debt balances (16.4 ) 16.4 Yields (13.2 ) (13.2 ) Borrowing rates (10.5 ) 10.5 Currency translation and other 13.6 6.5 7.1 Total (decrease) increase (11.4 ) (20.4 ) 9.0 Three Months Ended June 30, 2026 $ 346.2 $ 179.9 $ 166.3

PFS Finance Share of New PACCAR Truck Sales

24.7%

New loan and lease volume was $1.66 billion in the second quarter of 2026 compared to $1.85 billion in the second quarter of 2025. New loan and lease volume was $3.01 billion in the first six months of 2026 compared to $3.36 billion in the same period of 2025. The decrease in both periods was primarily due to lower new loan and lease volume from lower retail sales of PACCAR trucks, primarily in the U.S. and Canada, and lower finance market share, primarily in Brasil. The increase in equipment on operating lease dollar volume was primarily due to higher market demand in Europe and the U.S. and Canada, partly offset by lower demand in Mexico. The effects of currency translation increased new loan and lease volume by $42.2 million and $112.9 million in the second quarter and first six months of 2026, respectively, primarily due to an increase in the value of the Mexican peso and the euro relative to the U.S. dollar. In the second quarter of 2026, PFS finance market share of new PACCAR truck sales was 24.7% compared to 25.9% in the same period of 2025. In the first six months of 2026, PFS finance market share of new PACCAR truck sales was 24.5% compared to 25.3% in the same period of of 2025.

PFS Lease Margin

$38.3M

The following table summarizes operating lease, rental and other revenues and depreciation and other expenses: Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 2026 2025 Operating lease and rental revenues $ 162.0 $ 161.9 $ 322.4 $ 317.1 Used truck sales 31.7 18.8 58.8 40.9 Insurance, franchise and other revenues 9.8 9.4 19.6 17.1 Operating lease, rental and other revenues $ 203.5 $ 190.1 $ 400.8 $ 375.1 Depreciation of operating lease equipment $ 111.5 $ 116.4 $ 223.5 $ 234.7 Vehicle operating expenses 19.1 17.5 38.0 34.1 Cost of used truck sales 32.7 19.0 60.5 41.7 Insurance, franchise and other expenses 1.9 2.0 3.3 4.1 Depreciation and other expenses $ 165.2 $ 154.9 $ 325.3 $ 314.6 - 45 - The major factors for the changes in operating lease, rental and other revenues, depreciation and other expenses and lease margin between the three months ended June 30, 2026 and 2025 are outlined below: ($ in millions) OPERATING LEASE, RENTAL AND OTHER REVENUES DEPRECIATION AND OTHER EXPENSES LEASE MARGIN Three Months Ended June 30, 2025 $ 190.1 $ 154.9 $ 35.2

PFS Portfolio Yield

7.2%

Average finance receivables decreased $664.2 million (excluding foreign exchange effects), decreasing interest and fees by $11.8 million, primarily due to lower dealer wholesale balances. • Average debt balances decreased $1.41 billion (excluding foreign exchange effects), decreasing interest and other borrowing costs by $16.4 million. The lower average debt balances reflect funding for a lower average earning assets portfolio, which includes loans, finance leases, wholesale receivables and equipment on operating lease. • Slightly lower portfolio yields (7.2% in 2026 compared to 7.4% in 2025) decreased interest and fees by $13.2 million. The lower portfolio yields were primarily due to lower market rates on new portfolio assets, primarily in the U.S.

PFS Pre-Tax Return on Average Total Assets

2.2%

The Company’s annualized pre-tax return on average total assets for Financial Services was 2.2% and 2.1% for the second quarter and the first six months of 2026, respectively, compared to 2.1% and 2.2% for the second quarter and the first six months of 2025, respectively.

PFS Operating Footprint — Continents

4

The PACCAR Financial Services (PFS) group of companies has operations covering four continents and 26 countries. The global breadth of PFS and its rigorous credit application process support a portfolio of loans and leases with total assets of $22.27 billion. PFS issued $1.38 billion in medium-term notes during the first six months of 2026 to support new business volume and market share growth and repay maturing debt.

PFS Operating Footprint — Countries

26

The PACCAR Financial Services (PFS) group of companies has operations covering four continents and 26 countries. The global breadth of PFS and its rigorous credit application process support a portfolio of loans and leases with total assets of $22.27 billion. PFS issued $1.38 billion in medium-term notes during the first six months of 2026 to support new business volume and market share growth and repay maturing debt.

Brasil Over-16-Tonne Truck Market

37.2K

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

DAF Brasil Over-16-Tonne Market Share

7.6%

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

DAF Europe 6–16-Tonne Market Share

9.2%

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

DAF Europe Over-16-Tonne Market Share

13.6%

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

Europe 6–16-Tonne Truck Market

18.3K

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

Europe Over-16-Tonne Truck Market

165.0K

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

PACCAR U.S. and Canada Heavy-Duty Retail Market Share

29.6%

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

PACCAR U.S. and Canada Medium-Duty Market Share

12.3%

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

U.S. and Canada Heavy-Duty Industry Retail Sales

104.8K

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

U.S. and Canada Medium-Duty Industry Retail Sales

50.8K

Market share data discussed below is provided by third-party sources and is measured by either retail sales or registrations for the Company’s dealer network as a percentage of total retail sales or registrations depending on the geographic market. In the U.S. and Canada, market share is based on retail sales. In Europe, market share is based primarily on registrations. In the first six months of 2026, industry retail sales in the heavy-duty market in the U.S. and Canada were 104,800 units compared to 120,800 units in the same period of 2025. The Company’s heavy-duty truck retail market share was 29.6% in the first six months of 2026 compared to 30.4% in the first six months of 2025. The medium-duty market was 50,800 units in the first six months of 2026 compared to 54,300 units in the same period of 2025. The Company’s medium-duty market share was 12.3% in the first six months of 2026 compared to 14.0% in the first six months of 2025. In 2026, the U.S. and Canada medium-duty market size and the Company's share for the prior-year periods have been revised, consistent with the third-party data provider. The over 16‑tonne truck market in Europe in the first six months of 2026 was 165,000 units compared to 151,100 units in the first six months of 2025. DAF over 16‑tonne market share was 13.6% in the first six months of 2026 compared to 14.2% in the same period of 2025. The 6 to 16‑tonne market in the first six months of 2026 was 18,300 units compared to 19,900 units in the same period of 2025. DAF market share in the 6 to 16-tonne market in the first six months of 2026 was 9.2% compared to 9.9% in the same period of 2025. The over 16-tonne truck market in Brasil in the first six months of 2026 was 37,200 units compared to 41,700 units in the same period of 2025. DAF Brasil market share for the first six months of 2026 was 7.6% compared to 9.4% in the same period of 2025.

After-Tax Return on Revenues

10.0%

The Company’s results of operations for the three and six months ended June 30, 2026 and 2025 are presented below. Three Months Ended Six Months Ended June 30 June 30 ($ in millions, except per share amounts) 2026 2025 2026 2025 Net sales and revenues: Truck $ 5,253.1 $ 5,243.1 $ 9,779.6 $ 10,468.9 Parts 1,746.9 1,720.9 3,457.0 3,410.8 Other (3.0 ) (1.2 ) (5.3 ) (3.2 ) Truck, Parts and Other 6,997.0 6,962.8 13,231.3 13,876.5 Financial Services 549.7 547.7 1,091.9 1,075.7 $ 7,546.7 $ 7,510.5 $ 14,323.2 $ 14,952.2 Income before income taxes: Truck $ 360.5 $ 308.8 $ 536.7 $ 673.7 Parts 417.0 416.5 819.3 843.0 Other* (6.1 ) (.5 ) (4.2 ) (353.7 ) Truck, Parts and Other 771.4 724.8 1,351.8 1,163.0 Financial Services 124.1 123.2 239.6 244.3 Investment income 86.0 83.9 166.4 167.7 Income taxes (229.5 ) (208.1 ) (400.5 ) (346.1 ) Net income $ 752.0 $ 723.8 $ 1,357.3 $ 1,228.9 Diluted earnings per share $ 1.43 $ 1.37 $ 2.57 $ 2.33 After-tax return on revenues 10.0 % 9.6 % 9.5 % 8.2 %

Financial Services SG&A as Percentage of Average Earning Assets

0.8%

Financial Services SG&A for the second quarter of 2026 increased to $41.1 million from $40.1 million in the same period of 2025. For the first six months of 2026, Financial Services SG&A increased to $80.8 million from $78.4 million in the same period of 2025. The increase in both periods was due to unfavorable foreign currency translation effects. As an annualized percentage of average earning assets, Financial Services SG&A was .8% for both the second quarter and the first six months of 2026 compared to .8% and .7% for the same periods of 2025, respectively.

Parts Gross Margin

29.8%

• Parts gross margin was 29.8% in the second quarter of 2026 compared to 30.0% in the same period of 2025 due to the factors noted above.

Parts Pre-Tax Return on Revenues

23.9%

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE Parts net sales and revenues: U.S. and Canada $ 1,182.1 $ 1,191.5 (1 ) $ 2,330.2 $ 2,374.1 (2 ) Europe 376.3 353.0 7 778.8 706.9 10 Mexico, South America, Australia and other 188.5 176.4 7 348.0 329.8 6 $ 1,746.9 $ 1,720.9 2 $ 3,457.0 $ 3,410.8 1 Parts income before income taxes $ 417.0 $ 416.5 $ 819.3 $ 843.0 (3 ) Pre-tax return on revenues 23.9 % 24.2 % 23.7 % 24.7 %

Parts SG&A as Percentage of Sales

3.9%

Parts SG&A expense in the second quarter of 2026 increased to $67.8 million from $64.6 million in the same period of 2025. For the first six months 2026, Parts SG&A increased to $135.5 million from $125.5 million in the same period of 2025. The increase in both periods was primarily due to higher currency translation effects and higher system related costs. As a percentage of sales, Parts SG&A was 3.9% in the three and six months ended June 30, 2026 compared to 3.8% and 3.7% in the three and six months ended June 30, 2025, respectively.

Truck Gross Margin

9.4%

• Truck gross margin was 9.4% in the second quarter of 2026 compared to 8.7% in the same period of 2025 due to the factors noted above.

Truck Pre-Tax Return on Revenues

6.9%

The Company’s worldwide truck net sales and revenues are summarized below: Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE Truck net sales and revenues: U.S. and Canada $ 3,174.4 $ 3,315.5 (4 ) $ 5,848.5 $ 6,511.2 (10 ) Europe 1,274.2 1,190.1 7 2,543.3 2,289.4 11 Mexico, South America, Australia and other 804.5 737.5 9 1,387.8 1,668.3 (17 ) $ 5,253.1 $ 5,243.1 $ 9,779.6 $ 10,468.9 (7 ) Truck income before income taxes $ 360.5 $ 308.8 17 $ 536.7 $ 673.7 (20 ) Pre-tax return on revenues 6.9 % 5.9 % 5.5 % 6.4 %

Truck SG&A as Percentage of Sales

1.0%

As a percentage of sales, Truck SG&A was 1.0% and 1.1% in the three and six months ended June 30, 2026, respectively, which is consistent with the same periods of 2025.

PFS New Equipment on Operating Lease Volume

$239.9M

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE New loan and lease volume: U.S. and Canada $ 931.1 $ 1,044.5 (11 ) $ 1,584.1 $ 1,788.9 (11 ) Europe 336.1 329.8 2 684.2 636.2 8 Mexico, Australia, Brasil and other 393.6 479.2 (18 ) 744.1 937.6 (21 ) $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10 ) New loan and lease volume by product: Loans and finance leases $ 1,420.9 $ 1,678.5 (15 ) $ 2,606.2 $ 3,030.9 (14 ) Equipment on operating lease 239.9 175.0 37 406.2 331.8 22 $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10

PFS New Loan and Lease Volume

$1.66B

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE New loan and lease volume: U.S. and Canada $ 931.1 $ 1,044.5 (11 ) $ 1,584.1 $ 1,788.9 (11 ) Europe 336.1 329.8 2 684.2 636.2 8 Mexico, Australia, Brasil and other 393.6 479.2 (18 ) 744.1 937.6 (21 ) $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10 ) New loan and lease volume by product: Loans and finance leases $ 1,420.9 $ 1,678.5 (15 ) $ 2,606.2 $ 3,030.9 (14 ) Equipment on operating lease 239.9 175.0 37 406.2 331.8 22 $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10

PFS New Loan and Lease Volume — Europe

$336.1M

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE New loan and lease volume: U.S. and Canada $ 931.1 $ 1,044.5 (11 ) $ 1,584.1 $ 1,788.9 (11 ) Europe 336.1 329.8 2 684.2 636.2 8 Mexico, Australia, Brasil and other 393.6 479.2 (18 ) 744.1 937.6 (21 ) $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10 ) New loan and lease volume by product: Loans and finance leases $ 1,420.9 $ 1,678.5 (15 ) $ 2,606.2 $ 3,030.9 (14 ) Equipment on operating lease 239.9 175.0 37 406.2 331.8 22 $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10

PFS New Loan and Lease Volume — Mexico, Australia, Brasil and Other

$393.6M

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE New loan and lease volume: U.S. and Canada $ 931.1 $ 1,044.5 (11 ) $ 1,584.1 $ 1,788.9 (11 ) Europe 336.1 329.8 2 684.2 636.2 8 Mexico, Australia, Brasil and other 393.6 479.2 (18 ) 744.1 937.6 (21 ) $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10 ) New loan and lease volume by product: Loans and finance leases $ 1,420.9 $ 1,678.5 (15 ) $ 2,606.2 $ 3,030.9 (14 ) Equipment on operating lease 239.9 175.0 37 406.2 331.8 22 $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10

PFS New Loan and Lease Volume — U.S. and Canada

$931.1M

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE New loan and lease volume: U.S. and Canada $ 931.1 $ 1,044.5 (11 ) $ 1,584.1 $ 1,788.9 (11 ) Europe 336.1 329.8 2 684.2 636.2 8 Mexico, Australia, Brasil and other 393.6 479.2 (18 ) 744.1 937.6 (21 ) $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10 ) New loan and lease volume by product: Loans and finance leases $ 1,420.9 $ 1,678.5 (15 ) $ 2,606.2 $ 3,030.9 (14 ) Equipment on operating lease 239.9 175.0 37 406.2 331.8 22 $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10

PFS New Loans and Finance Leases Unit Volume

9.4K

New loan and lease unit volume: Loans and finance leases 9,430 11,750 (20 ) 17,470 21,300 (18 ) Equipment on operating lease 1,990 1,600 24 3,430 3,130 10 11,420 13,350 (14 ) 20,900 24,430 (14

PFS New Loans and Finance Leases Volume

$1.42B

Three Months Ended Six Months Ended June 30 June 30 ($ in millions) 2026 2025 % CHANGE 2026 2025 % CHANGE New loan and lease volume: U.S. and Canada $ 931.1 $ 1,044.5 (11 ) $ 1,584.1 $ 1,788.9 (11 ) Europe 336.1 329.8 2 684.2 636.2 8 Mexico, Australia, Brasil and other 393.6 479.2 (18 ) 744.1 937.6 (21 ) $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10 ) New loan and lease volume by product: Loans and finance leases $ 1,420.9 $ 1,678.5 (15 ) $ 2,606.2 $ 3,030.9 (14 ) Equipment on operating lease 239.9 175.0 37 406.2 331.8 22 $ 1,660.8 $ 1,853.5 (10 ) $ 3,012.4 $ 3,362.7 (10

PFS New Operating Lease Unit Volume

2.0K

New loan and lease unit volume: Loans and finance leases 9,430 11,750 (20 ) 17,470 21,300 (18 ) Equipment on operating lease 1,990 1,600 24 3,430 3,130 10 11,420 13,350 (14 ) 20,900 24,430 (14

PFS Total New Loan and Lease Unit Volume

11.4K

New loan and lease unit volume: Loans and finance leases 9,430 11,750 (20 ) 17,470 21,300 (18 ) Equipment on operating lease 1,990 1,600 24 3,430 3,130 10 11,420 13,350 (14 ) 20,900 24,430 (14

PFS Average Dealer Wholesale Financing

$3.58B

Average earning assets: U.S. and Canada $ 12,008.7 $ 12,196.2 (2 ) $ 11,980.0 $ 12,138.2 (1 ) Europe 4,159.4 4,104.7 1 4,194.6 3,972.5 6 Mexico, Australia, Brasil and other 4,961.3 5,027.1 (1 ) 4,985.8 4,916.1 1 $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1 Average earning assets by product: Loans and finance leases $ 15,588.4 $ 14,957.2 4 $ 15,585.4 $ 14,690.4 6 Dealer wholesale financing 3,582.8 4,365.0 (18 ) 3,622.5 4,344.3 (17 ) Equipment on lease and other 1,958.2 2,005.8 (2 ) 1,952.5 1,992.1 (2 ) $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1

PFS Average Earning Assets

$21.13B

Average earning assets: U.S. and Canada $ 12,008.7 $ 12,196.2 (2 ) $ 11,980.0 $ 12,138.2 (1 ) Europe 4,159.4 4,104.7 1 4,194.6 3,972.5 6 Mexico, Australia, Brasil and other 4,961.3 5,027.1 (1 ) 4,985.8 4,916.1 1 $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1 Average earning assets by product: Loans and finance leases $ 15,588.4 $ 14,957.2 4 $ 15,585.4 $ 14,690.4 6 Dealer wholesale financing 3,582.8 4,365.0 (18 ) 3,622.5 4,344.3 (17 ) Equipment on lease and other 1,958.2 2,005.8 (2 ) 1,952.5 1,992.1 (2 ) $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1

PFS Average Equipment on Lease and Other

$1.96B

Average earning assets: U.S. and Canada $ 12,008.7 $ 12,196.2 (2 ) $ 11,980.0 $ 12,138.2 (1 ) Europe 4,159.4 4,104.7 1 4,194.6 3,972.5 6 Mexico, Australia, Brasil and other 4,961.3 5,027.1 (1 ) 4,985.8 4,916.1 1 $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1 Average earning assets by product: Loans and finance leases $ 15,588.4 $ 14,957.2 4 $ 15,585.4 $ 14,690.4 6 Dealer wholesale financing 3,582.8 4,365.0 (18 ) 3,622.5 4,344.3 (17 ) Equipment on lease and other 1,958.2 2,005.8 (2 ) 1,952.5 1,992.1 (2 ) $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1

PFS Average Loans and Finance Leases

$15.59B

Average earning assets: U.S. and Canada $ 12,008.7 $ 12,196.2 (2 ) $ 11,980.0 $ 12,138.2 (1 ) Europe 4,159.4 4,104.7 1 4,194.6 3,972.5 6 Mexico, Australia, Brasil and other 4,961.3 5,027.1 (1 ) 4,985.8 4,916.1 1 $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1 Average earning assets by product: Loans and finance leases $ 15,588.4 $ 14,957.2 4 $ 15,585.4 $ 14,690.4 6 Dealer wholesale financing 3,582.8 4,365.0 (18 ) 3,622.5 4,344.3 (17 ) Equipment on lease and other 1,958.2 2,005.8 (2 ) 1,952.5 1,992.1 (2 ) $ 21,129.4 $ 21,328.0 (1 ) $ 21,160.4 $ 21,026.8 1