Slide 1: Proficient Auto Logistics Q2 2026 Conference Call
Proficient Auto Logistics Q2 2026 Conference Call August 10, 2026
Slide 2: Forward Looking Disclosure
Forward Looking Disclosure CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This investor presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995,which statements involve substantial risks and uncertainties. Forward-looking
Slide 3: Non-GAAP Financial Measures Disclosure
Non-GAAP Financial Measures Disclosure NON-GAAP FINANCIAL MEASURES We report our financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). However, management believes that certain non-GAAP measures, including EBITDA, Adjusted EBITDA, Adjusted EBITD
Slide 4: Opening Comments
Opening Comments Rick O’Dell Chairman and Chief Executive Officer 4
Slide 5: Financial Review
Financial Review Brad Wright Chief Financial Officer 5
Slide 6: Second Quarter Earnings Summary
Second Quarter Earnings Summary $ In USD thousands Total Revenue Adjusted Operating Ratio • Supply constraints limited capture after several quarters • Cost pressures in fuel, truck expenses and driver-related of sub-seasonal demand incentives persisted through much of Q2 103.4% $115,547 $109,400 $9
Slide 7: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets In USD thousands 6/30/2026 3/31/2026 12/31/2025 • Higher accounts receivable and Equivalents $ 8,131 $ 9,756 $ 14,286 corresponding lower cash balances ts Receivable, net 53,744 49,011 42,189 persisted through the end of June y & Equipment, net 102,912 109,007 1
Slide 8: Acquisition of Hansen & Adkins
Acquisition of Hansen & Adkins Amy Rice President and Chief Operating Officer 8
Slide 9: About Hansen & Adkins ("H&A")
About Hansen & Adkins (“H&A”)(1) KEY STATS COMPANY OVERVIEW • H&A is a leading provider of specialized finished vehicle logistics services across North America, $406.8M $27.2M with a long-standing reputation for reliability and service quality LTM Mar-26 LTM Mar-26 Revenue Adjusted EBITDA(2) • H&A o
Slide 10: Proficient Auto Logistics ("PAL") + H&A Combination
Proficient Auto Logistics (“PAL”) + H&A Combination(1) 2026 March LTM Revenue ($M) $428.9 $406.8 $835.7 2026 March LTM Adj. EBITDA ($M)(2) $34.3 $27.2 $61.5 Company-Owned Tractor-Trailer Units(3) 625+ 725+ 1,350+ Locations 55 67 90+(4) Employees 750+ 900+ 1,650+ (1) The combined financial and operat
Slide 11: Complementary Geographic Fit with Enhanced Network Density
Complementary Geographic Fit with Enhanced Network Density Combined footprint creates a truly nationwide network with comprehensive coverage across key automotive markets Significant synergy opportunity through consolidation of overlapping facilities Greater network density enhances lane optimizatio
Slide 12: Transaction Summary
Transaction Summary • Acquisition of H&A for $130.0M of upfront consideration, consisting of assumed debt of ~$75.0M(1), approximately $52.0M of cash, and $3.0M in stock Terms • Represents a ~4.8x multiple of LTM 3/31/26 Adjusted EBITDA, or ~3.9x including estimated synergies • Additional contingent
Slide 13: Strategic Rationale and Anticipated Benefits
Strategic Rationale and Anticipated Benefits Creates North America's largest finished vehicle logistics Deepens OEM customer relationships by leveraging the platform with a cross-border network spanning the U.S. and combined platform's greater capacity, broader geographic Canada coverage and enhance
Slide 14: Closing Remarks
Closing Remarks Rick O’Dell Chairman and Chief Executive Officer 14
Slide 15: Acquisition Reinforces Path to Creating Shareholder Value
Acquisition Reinforces Path to Creating Shareholder Value • Our industry is at an inflection point, driven by regulatory change and rising operating costs; capacity constraints are reinforcing the value of scaled, asset-based transportation providers, which is favorable to PAL • The PAL and H&A comb
Slide 16: Question & Answer
i Question & Answer a PRORCIENT ALTO LOGISTICS. NE
Slide 17: Appendix
i Appendix a PRORCIENT AUTO LOGISTICS. INC
Slide 18: Non-GAAP Reconciliation: PAL
Non-GAAP Reconciliation: PAL ($000s) Three months ended 6/30/2025 3/31/2026 6/30/2026 Total Operating Revenue $ 115,547 $ 93,690 $ 109,400 Total Operating (Loss) Income 125 (6,935) (3,235) Addback: Amortization of Intangibles 2,455 2,415 2,415 Stock Compensation expense 1,221 1,352 1,346 Adjusted Op
Slide 19: PAL LTM Reconciliation of Adjusted EBITDA to Net Income (Loss)
PAL LTM Reconciliation of Adjusted EBITDA to Net Income (Loss) Twelve months ended March 31, 2026 Net (loss) income ($39.3) Add Back: Interest expense $6.4 Income tax expense (benefit) ($8.3) Depreciation $30.6 Intangible Amortization $9.8 EBITDA ($0.8) Add Back: Stock Compensation $5.7 Goodwill & I
Slide 20: H&A LTM Reconciliation of Adjusted EBITDA to Net Income (Loss)
H&A LTM Reconciliation of Adjusted EBITDA to Net Income (Loss) Twelve months ended March 31, 2026 Net (loss) income $7.5 Add Back: Interest expense $4.2 Income tax expense (benefit) ($0.3) Depreciation & Amortization $12.6 Non-Operating (Income) Expenses ($1.3) EBITDA $22.7 Add Back: Adjustments(1)