Disclosure Regarding Forward-Looking Statements

This presentation may contain statements that are forward looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially. A summary of risks and uncertainties is described in more detail in our periodic reports filed with the Securities and Exchange Commission (SEC).

We undertake no duty to update or revise this presentation, whether as a result of new information, future events or otherwise. For the most recent financial, risk and other information about PACCAR, please see our SEC filings and most recent earnings release available on the Investor Relations page of www.paccar.com.

April 2024

Page 2

Index

PACCAR Overview

4

Excellent Dividend Yield

24

Distribution Centers and Dealer Map

44

Our Culture

5

Trucking Moves the Economy

25

Global Dealer Network

45

PACCAR Brands

6

>6t Global Truck Market

26

Kenworth and Peterbilt Locations

46

New Kenworth T680

8

>16t Truck Market Size

27

Financial Services Strategy

47

New Peterbilt Model 579

9

PACCAR Strategy

29

Heavy Duty Market Share

48

New Peterbilt Model 589

10

Investing Throughout the Business Cycle

30

DAF Brasil

49

New Kenworth and Peterbilt Medium Duty

11

MX Engine Production

31

Infrastructure Investment and Jobs Act

50

New DAF XD, XF, XG, XG+

12

Zero Emission Trucks

32

Emissions Regulations Summary

51

New DAF Truck Models

13

Battery Charging Solutions

33

ESG Leadership

52

PACCAR Powertrain

14

Battery Cell Production Joint Venture

34

Revenues and Profits

54

Truck Production

15

Battery Strategy

35

Financial Results

55

Excellent Financial Performance

16

Autonomous Trucks

36

Historical Gross Margins

56

Net Income Margin

17

Aurora Partnership

37

Truck Results

57

Inventory Turns

18

Connected Services

38

Parts Results

58

SG&A % of Sales

19

Platform Science Partnership

39

Financial Services Results

59

Net Income per Truck

20

PACCAR Innovation Center

40

Credit Rating

60

ROIC

21

Global Embedded Services

41

Competitive Advantages

61

Capital Allocation Strategy

22

Manufacturing Capacity Investments

42

Appendix

62

Dividends and Stock Repurchases

23

Parts Strategy

43

April 2024

Page 3

PACCAR

A Global Technology Company in Commercial Vehicles

2023 Revenues $35.1B

2023 Net Income $4.6B

2023 Avg Dividend Yield 5.3%

85 Years of Consecutive Profitability; Dividend Paid Every Year Since 1941

Truck and Other

$26.9B Revenues

Premium Quality Light, Medium and

Heavy Commercial Vehicles, Diesel and

Alternative Fuel Powertrains

Truck and

Other

77%

April 2024

Page 4

Parts

18%

Fin Svcs

5%

Aftermarket Parts

$6.4B Revenues Distribute Aftermarket Parts through Global Network of over 2,300 Dealerships

Financial Services

$1.8B Revenues

Finance and leasing portfolio of 233,000 trucks and trailers, with assets of $21.0B

Our Vision

PACCAR is creating trucks and transportation solutions that drive the world's future. Our focus is on doing things in an ethical and disciplined manner. We make decisions utilizing conservative financial principles and common sense for the long-termbenefit of our customers, employees and shareholders.

Highest

Operational

Conservative

Long-Term

Quality

Financial

Integrity

Excellence

Perspective

Management

April 2024

Page 5

PACCAR's business segments include Commercial Vehicles, Powertrain, Aftermarket Parts, Financial Services and Information Technology. PACCAR's premium brands Kenworth, Peterbilt and DAF are the premier light, medium and heavy duty commercial trucks in their markets. Other brands include PACCAR Powertrain, PACCAR Parts, PACCAR Financial, and PACCAR

Leasing.

April 2024

Page 6

PACCAR's product investments

Our products reflect our core

deliver industry-leading

brand values of quality,

performance and value to our

innovation and technology

customers

New Kenworth T680

Kenworth's next generation T680 heavy truck features an

enhanced aerodynamic exterior design, driver optimized technology, including a customizable 15" digital dash display, and 7% greater fuel economy

April 2024

Page 8

New Peterbilt Model 579

Peterbilt's new Model 579 Class 8 truck sets the standard for technology and driver comfort and delivers 7% greater fuel efficiency

April 2024

Page 9

New Peterbilt Model 589

Peterbilt's new Model 589 Class 8

truck features a new 2.1-meter-wide cab with advanced driver technology and a new digital display

April 2024

Page 10

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Disclaimer

Paccar Inc. published this content on 30 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2024 16:50:56 UTC.