Slide 1: Investor Presentation Second Quarter 2026
Investor Presentation SECOND QUARTER 2026
Slide 2: Forward Looking Statement
Forward Looking Statement The Securities and Exchange Commission (the SEC) encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This presentation contains these types of statemen
Slide 3: Investment Summary
Investment Summary • Unique story of a 100+ year-old company with above- It all began in 1924 when the back seat of market growth potential the family car was removed to create the • Network investments position us for volume growth and first Saia truck. share gains • 14,000+ non-union employees Tod
Slide 4: Enhanced Customer Experience
Net CapEx and EBITDA* (in millions) INVESTING TO SUPPORT $1,200 $1,041 Enhanced $1,000 Customer $800 Experience $600 $544 $437 $400 $366 $252 $287 $277 $219 $200 $158 $- 2018 2019 2020 2021 2022 2023 2024 2025 YTD 2026 Equipment Properties Technology & Other EBITDA* • Investments continue to drive m
Slide 5: Driving Revenue Growth
TERMINAL EXPANSION • Terminal expansion since 2017 has driven market share gains and profitable growth with new and existing customers Driving • New facilities continue to build density as they mature Revenue • The LTL market has estimated annual revenue of $52 billion, with the top 10 carriers Grow
Slide 6: Market Share By Region
Pacific Northwest 2022 – 4.1% Midwest 2023 – 5.0% 2022 – 4.4% MARKET SHARE GROWTH 2024 – 5.9% 2023 – 5.0% 2025 – 6.6% 2024 – 5.8% Market 2025 – 6.0% Share By Region Northeast 2022 – 3.4% 2023 – 4.1% 2024 – 4.7% 2025 – 5.1% West 2022 – 6.0% Southeast 2023 – 6.4% 2022 – 5.3% 2024 – 7.1% 2023 – 6.1% 20
Slide 7: Operating Trends
PROFITABLE GROWTH Operating Income (Millions) Operating $600 Trends $500 $400 REVENUE* ↑11.0% $300 OPER ATIN G INCOME* $200 ↑17.8% EARNINGS $100 PER SHARE* ↑13.4% $0 2017 2018 2019 2020 2021 2022 2023 2024 2025 YTD 2026 *CAGR calculated from 2017 to 2025 7
Slide 8: Evolution of Optimization Tools
Evolution of Optimization Tools RouteMax: Driver Phone ▪ Cross Dock Implementation Application ▪ Integration of data fabric ▪ InRoute optimization with route HaulPlan: Linehaul Load Plan deviation feedback RouteMax: Dispatch and pricing optimization Optimization ▪ Truck based turn-by-turn with ▪ Cit
Slide 9: Improved Network Operations
INVESTING TO SUPPORT Improved Network Operations After Before • New national coverage and technology improvements let us redesign routes, reducing touches and handles to boost efficiency • The maps show trailer routes from Phoenix and Dallas to Indianapolis terminals, before and after the redesign •
Slide 10: Quality and Service Delivered
• Customer feedback confirms that investments in people, equipment, and facilities are DRIVING CUSTOMER SATISFACTION improving service and driving market share gains • Third-party data reaffirms the growth strategy driving customer satisfaction Quality and Service • Direct service to all 48 contiguo
Slide 11: Developing, Supporting, & Recognizing Our People
COMMITTED TEAM Building a strong talent pipeline Investing in leadership capability at all levels Developing, • Internships Supporting, & • Driver Academy • Structured leadership development Recognizing • Scholarship Program • Continuous learning resources Our People Advancing safety, performance, S
Slide 12: Safety Embedded in our Culture
SAFETY DRIVEN Safety Embedded in our Culture PEOPLE PROCESS TECHNOLOGY • Recruit experienced, • Annual defensive-driving • Fleet equipped with safety-focused drivers certification for all drivers advanced collision- avoidance technology • 80+ hours of onboarding • Weekly pre-shift safety for every d
Slide 13: Investing in the Communities We Serve
COMMUNITY INVOLVEMENT National & Ongoing Partnerships Investing • Toys for Tots • Truckers Against Trafficking in the • Wreaths Across America Communities Community & Industry Engagement We Serve • Charitable transportation services • Community engagement events & sponsorships • Student outreach – i
Slide 14: Pricing To Match Service
• Strategic facility investments build density and customer proximity, driving premier FOCUS ON PRICING INITIATIVES quality and service • ~61% of zip codes within 50 miles of a Saia facility, up from ~35% in 2017 Pricing To • Directly serve 99% of outbound industry revenue, up from 84% in 2017 Match
Slide 15: Diverse Customer Base
Diverse Customer Base No single customer represents greater than 5% of revenue 15
Slide 16: Q2 2026 Financial Results
Q2 2026 Financial Results +4.4% +8.4% +12.0% LTL SHIPMENTS LTL TONNAGE LTL REVENUE PER WORKDAY PER WORKDAY PER SHIPMENT Q2 2026 Q2 2025 Change Revenue (in millions) $956.5 $817.1 17.1% Operating Income (in millions) $125.2 $99.4 26.0% Operating Ratio (%) 86.9% 87.8% -90bps Diluted Earnings Per Share
Slide 17: Thank you for your continued interest in Saia
APPENDIX Thank you for your continued interest in Saia For more information, visit our website saia.com or contact investors@saia.com
Slide 18: Q2 2026 Financial Position
Q2 2026 Financial Position • Solid capital position • Capacity to fund growth • $564 million in Revolving Credit Facility availability • Private shelf agreement allows for $250M in additional funding (in millions) BORROWINGS LIQUIDITY Total Debt $350 Cash $− $84.0 $309 $296 Finance Leases 0.1 − $300
Slide 19: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures In thousands, except percentages, share and per share amounts N et D e bt / To t a l Ca p it a l: 0 6 /3 0 /2 0 2 6 Total debt $100,124 Q 2 2 0 26 Tr a il in g Twe l v e M o n t h s ( T TM ) Less: Cash and cash equivalents $84,014 Revenue from continuing
Slide 20: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures In thousands EBITDA 2019 2020 2021 2022 2023 2024 2025 Net Income $ 113,719 $ 138,340 $ 253,235 $ 357,422 $ 354,857 $ 362,065 $ 255,036 Interest Income - - (11) (217) (6,208) (1,049) (151) Interest Expense 6,688 5,177 3,212 2,611 2,535 8,930 16,444 Incom
Slide 21: Historical Trends
Historical Trends Revenue ($mil) Operating Income ($mil) EPS ($) 4,000 600.0 16.00 3,500 14.00 500.0 3,000 12.00 400.0 10.00 2,500 2,000 300.0 8.00 1,500 6.00 200.0 1,000 4.00 100.0 500 2.00 0 - - 2020 2021 2022 2023 2024 2025 TTM 2020 2021 2022 2023 2024 2025* TTM 2020 2021 2022 2023 2024 2025* TTM
Slide 22: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures In thousands, except percentages and per share amounts A d j u st e d O p e ra t i n g In co me 2025 Operating Income (GAAP) $352,200 Less: Net Operating Income impact of Gain on Real Estate (14,503) Disposal and Impairment of Real Estate Adjusted Operat
Slide 23: Our Company
Our Company FY 2023 FY 2024 FY 2025 FY 2026 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr Rev (in millions) $661 $695 $775 $751 $755 $823 $842 $789 $788 $817 $840 $790 $806 $956 OR 85.0 82.7 83.4 85.0 84.4 83.3 85.1 87.1 91.1 87.8 87.6* 91.9 91.7 86.9 LTL Ton (i
Slide 24: Management Overview
Management Overview Management Team Saia Tenure Industry Experience President & CEO 12 15 EVP & CFO 11 14 EVP, Chief Customer Officer 29 35 EVP, Chief Human Resources 4 4 Officer EVP, Operations 10 10 EVP, Chief Information Officer 1 1 A P P E N D I X