RESALE $31,033,831,420 MARKET METRICS 3.5% 4.2% VALUES VOLUME 0.5% 8.7% VALUES 5.7% 707.9% RESALE AUCTION 14.7% 10.0% RESALE AUCTION VOLUME 1.9% 0.

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1 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK KET DATA: RUARY EquipmentWatch remains the largest sales database on the planet with 20x the sales data of any other source. $31,337,951,449 KET SUMY RESALE $31,033,831, ,277 Assets AUCTION $304,120,029 8,673 Assets For more detailed articles, visit EquipmentWatch Intelligence online. The EquipmentWatch Market Report is a monthly resource for the construction, lift/access, agriculture and commercial truck industries to make better-informed decisions by leveraging key equipment values, market activity, age and usage metrics. How is the Price Stability INDEX calculated? KET METRICS KET METRICS PRICE STABILITY INDEX CONSTRUCTION $14,732,260, ,204 KET VALUE 6.5% 7.3% 12.8% 31.6% 3.5% 4.2% 3.3% 810.2% 95 DEFLATED STABLE INFLATED LIFT/ACCESS $1,142,512,042 37,026 KET VALUE 5.7% 3.9% 14.7% 10.0% 0.5% 8.7% 5.7% 707.9% DEFLATED STABLE INFLATED AGRICULTURE $12,573,891, ,344 KET VALUE 0.1% 1.1% 27.2% 41.2% 1.9% 0.1% 2.2% 385.6% DEFLATED STABLE INFLATED COMMERCIAL TRUCK $2,585,168,212 61,703 KET VALUE 10.9% 7.3% 7.4% 35.5% 1.1% 0.8% 4.1% 187.4% DEFLATED STABLE INFLATED

2 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK CONSTRUCTION OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS How is the Price Stability INDEX calculated? KET METRICS KET METRICS PRICE STABILITY INDEX $14,732,260, , % 7.3% 3.5% 4.2% KET VALUE 12.8% 31.6% 3.3% 810.2% DEFLATED STABLE INFLATED KET PERFORMANCE The auction channel stole the spotlight for February. Ritchie Brothers expectation to see a 30% or higher increase in auctioned assets over the previous year seemed to be in the ball park. There were 31.6% more assets sold in February than in February for all auctioneers covered. Auction market activity skyrocketed 810% over the previous month, but it is not uncommon to see this type of wild swing in February as Ritchie Brothers holds no auctions in January and follows up with their biggest auction in February. KET HIGHLIGHTS Values increased on both resale and auction channels. s went up by 3.5% and s rose by 4.2% from January to February. 100K 85K 70K 55K AND TRENDS It s interesting to note that while monthly values were going up, average age also went up significantly, which we consider to be a sign of a thin market. Average age decreased slightly on the resale and auction channels from January to February. KET FORECAST Construction companies are preparing for the start of construction season, large investments in infrastructure are anticipated and construction sentiment is high, all of which line up for a good year to see values and market activity rise over the coming months. We expect the changes on the auction channel to normalize over the coming month. CHANGE AVERAGE AGE USAGE 3.3% 810.2% 0.4% 2.9% 4.3% 27.4% 12.8% 31.6% 6.2% 16.9% 1.4% 26.6%

3 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK CONSTRUCTION OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS 1 100K 80K 60K 4-WD ARTICULATED WHEEL LOADERS 0.9% 5.2% 16.6% 942.5% 8.0% 0.2% 9.6% 10.1% 135K 121K 107K 93K 79K ARTICULATED FRAME GRADERS 0.0% 0.7% 0.9% 512.5% 2.2% 10.2% 1.8% 2.9% 1.9% 30.2% 65K 0.5% 12.7% With an average usage rate of 5,688 for February, 4-wd articulated wheel loaders has the highest usage rate on the resale channel. 16.8% 12.9% The average age for articulated frame graders dipped by 23.1% in Feb. from Feb.. 6.4% 23.1% 160K ARTICULATED REAR DUMPS 11.8% 0.0% COMPACT TRACK LOADERS 9.3% 848.4% 138K 116K 94K 72K 0.3% 16.5% 1.6% 27.9% 3.3% 0.9% 35K 25K 0.8% 1.2% 2.2% 12.4% 0.8% 4.2% 2.4% 6.6% 0.0% 3.2% There were twice as many units sold February than February on the auction channel. 5.5% 3.0% At 4.7 years, compact track loaders have the youngest average age on the resale channel. 3.6% 9.7%

4 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK CONSTRUCTION OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS CRAWLER MOUNTED COMPACT EXCAVATORS 0.7% 0.0% 1 106K CRAWLER MOUNTED HYDRAULIC EXCAVATORS 2.5% 1,489% 25K 0.4% 2.8% 1.1% 24.9% 4.6% 8.6% 92K 78K 64K 0.5% 2.9% 2.4% 16.7% 0.1% 2.9% 15K 2.3% 18.6% 1.9% 18.8% Of the smaller assets covered, crawler mounted compact excavators had the largest decrease for average meter reads from January to February. 1.2% 5.5% With an increase of 1,489% in market activity on the auction channel from January to February, crawler mounted hydraulic excavators experienced one of the largest jumps. 4.8% 5.7% 1 100K 80K 60K LARGE GENERATOR SETS 0.3% 18.4% 43.0% 100.0% 11.3% 0.0% 8.4% 0.0% 90K 80K 70K 60K SINGLE DRUM VIBRATORY COMPACTORS 3.1% 6.7% 4.5% 0.0% 0.8% 379.7% 6.8% 16.3% 0.2% 0.0% 0.5% 16.0% From February to February, average s decreased by 27%. 25.3% 45.2% The average price of single drum vibratory compactors went down from $44,234 to $42,286 (1/-2/). 0.7% 30.9%

5 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK CONSTRUCTION OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS 25K SKID STEER LOADERS 45.8% 252.2% 1 134K STANDARD CRAWLER DOZERS 3.6% 584.6% 15K 0.6% 4.5% 7.5% 8.8% 2.0% 4.5% 118K 102K 86K 0.1% 3.6% 7.4% 0.1% 8.4% 8.5% 10K 1.0% 9.0% 70K 2.5% 14.5% This subtype had a market activity increase of 45.8% going from January to February. 7.4% 6.8% s for standard crawler dozers did not change much in February compared to January. 18.2% 2.4% TANDEM VIBRATORY COMPACTORS 0.2% 0.0% TRACTOR-LOADER-BACKHOES 10.8% 732.4% 1.3% 0.1% 3.8% 43.4% 12.1% 109.2% 0.3% 9.1% 1.6% 20.2% 1.1% 4.8% 10K 4.1% 17.4% 0.8% 23.2% As is usually the case for other subtypes, the average age of tandem vibratory compactors on the auction channel is higher than the average age on the resale channel. 9.2% 5.4% The several month trend of decreases values (s) has recently turned around. 3.2% 13.3%

6 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK CONSTRUCTION OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS KET DATA: RUARY ANALYSIS $14,732,260, ,204 KET VALUE KET PERFORMANCE Every manufacturer had very large increases in market activity in February compared to January. As expected, Caterpillar was one of the top performers for sales on the auction market. KET HIGHLIGHTS In general, s went up proportionally to the changes we saw in monthly market activity. For instance, brands with largest increases in market activity also tended to have the largest increases in monthly s. Construction equipment listed for sale in February were older than comparable assets sold in February on the resale channel. Average utilization on the resale channel in February did not change much compared to the prior month. Net change was up by approximately less than 1%. KET FORECAST We continue to expect that both value types (s and s) will increase for the next couple months. Watch for other brands taking the lead in increases next month. BOBCAT 0.5% 3.5% 2.3% 1.2% 30.4% 312.5% 1.4% 4.2% CATERPILLAR 0.1% 19.4% 4.0% 20.2% 8.6% 0.0% 0.8% 15.5% KOMATSU 0.3% 31.6% 1.0% 16.0% CASE 0.9% 17.7% 0.9% 0.7% 9.3% 436.0% 1.3% 25.8% DEERE 0.2% 20.3% 3.4% 0.3% 2.3% 430.8% 2.0% 21.3% VOLVO 1.3% 13.3% 4.8% 6.7% 2.1% 888.2% 3.1% 8.2% 9.9% 0.0% 1.9% 32.2%

7 CH 27, VERSION: PREMIUM UPDATED MONTHLY CONSTRUCTION SUMY CONSTRUCTION OVERALL TYPE TRENDS LIFT/ACCESS BRAND TRENDS The overall Price Stability Index for February was , which means that s were inflated last month. This is one of the few times we have seen the Price Stability Index with inflated prices across the board. Please note there was not enough information to calculate the Price Stability Index in regions J and K, Hawaii and Alaska, due to low activity. A B C D E Price Stability INDEX Description F G H I J K L M N *Insufficient data. See Appendix for explanation. *See Appendix for regions. COMMERCIAL TRUCK REGIONAL TRENDS K EQUIPMENTWATCH PRICE STABILITY INDEX BY REGION Region AGRICULTURE L M N J A H I E D B G F C LIFT/ACCESS 7 Interested in connecting? Visit us at equipmentwatch.com/contact-us NEXT OVERALL EquipmentWatch, an Informa brand. All rights reserved.

8 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK LIFT/ACCESS OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS How is the Price Stability INDEX calculated? KET METRICS KET METRICS PRICE STABILITY INDEX $1,162,672,247 38,069 KET VALUE 5.7% 3.9% 14.7% 10.0% 0.5% 8.7% 5.7% 707.9% DEFLATED STABLE INFLATED KET PERFORMANCE Lift values were split once again in February, with having a slight decrease and having an 8.7% increase. Resale and auction market activity both increased in February, while year over year auction activity had a decrease of 10%. AND TRENDS KET HIGHLIGHTS The large increase in s in February was driven by the yearly Ritchie Bros auctions, which bring people from all over the world and is the largest auction in the world. The overall market value and the number of assets decreased by about 13% and 10%, respectively, in February. This is due to the decrease in overall resale activity in the entire lift market from January to February. Average age and utilization decreased in the resale channels, when compared to January, while they both increased in the auction channels. KET FORECAST Looking forward to March data, we should see increases again in auction market activity with the Ritchie Brothers Orlando events continuing, while seeing a decline in. March usually sees higher auction activity than February, but with lower prices. CHANGE AVERAGE AGE USAGE 5.7% 707.9% 1.1% 8.3% 1.6% 34.0% 14.7% 9.7% 5.5% 14.2% 8.4% 24.2%

9 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK LIFT/ACCESS OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS 10K 8K 6K ELECTRIC SELF PROPELLED SCISSOR LIFTS 0.4% 9.7% 23.2% 425.0% 2.2% 40.7% 15.9% 1.7% 15K 10K I.C. CUSHION TIRE LIFT TRUCKS 0.6% 23.4% 17.7% 480.0% 7.3% 70.7% 8.0% 109.8% 4K 3.6% 22.6% 5K 0.6% 62.8% Electric Electric scissor Scissor lifts Lifts remained had the largest even across increase both in channels overall market as compared activity of to any last of month the equipment while market types, activity increasing slightly by declined. almost 25%. Utilization increased in both resale and auction markets. 12.3% 16.0% I.C. Cushion Tire Lift Lift Trucks had market the activity largest increased in almost overall 10% values from again last in month, February while (7.3%), values while remained again steady having across the largest both decrease channels. in overall market activity (-15.5%) among any of the six equipment types. 11.9% 36.4% 80K 70K I.C. PNEUMATIC TIRE LIFT TRUCKS 0.6% 12.6% 16.4% 411.1% 60K I.C. SELF PROPELLED TELESCOPIC BOOM AERIAL LIFTS 0.1% 711.1% 60K 0.7% 24.3% 18.0% 30.8% 1.4% 6.8% 0.9% 5.4% 6.6% 14.9% 0.5% 27.4% 0.4% 13.3% Overall values for I.C. Pneumatic Tire Lift Trucks increased by over 4% in February when compared to January, the second highest of any of the equipment types. They also had the second largest decrease in overall market activity. 18.6% 2.3% I.C. Self Propelled Telescopic Boom Aerial Lifts saw decreases in overall average age and utilization in February, when compared to January, the only equipment type to show that trend. 2.4% 15.3%

10 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK LIFT/ACCESS OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS 60K I.C. SELF-PROPELLED ARTICULATING BOOM AERIAL LIFTS 2.6% 0.0% 60K TELESCOPING BOOM ROUGH TERRAIN LIFT TRUCKS 2.9% 0.0% 1.7% 7.8% 1.3% 18.6% 7.7% 3.7% 54K 48K 42K 36K 0.4% 1.3% 6.8% 38.8% 2.5% 16.4% 1.1% 17.3% 1.6% 6.7% Overall average utilization increase by over 10% in February, while overall average age decreased by about 10% for I.C. Self-Propelled Articulating Boom Aerial Lifts. 6.2% 6.5% Telescoping Boom Rough Terrain Lift Truckswere the only one of the equipment types to have an overall decrease in values from January to February, declining by -0.73%. 1.7% 8.1%

11 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK LIFT/ACCESS OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS KET DATA: RUARY ANALYSIS $1,162,672,247 38,069 KET VALUE KET PERFORMANCE Overall values for February increased by 1.5% when compared to January. Auction activity increased from 76 observations in January to 614 in February, with every manufacturer having increases. KET HIGHLIGHTS Average age in the auction channel increased overall by almost 16%, with four of the six manufacturers having increases. Average auction utilization also increased by a large amount, almost 27% overall, with five of the six manufacturers having increases. Resale market activity increased in two of the manufacturers, while the overall percentage increase was almost 6%. Skyjack had the largest of all six brands, with a 37.4% increase in resale activity, while Hyster had the largest decrease (-17.8%). Five of the six manufacturers had increases in overall values in February, as compared to January. Hyster had the largest increase (4.6%), while Skyjack had the only decrease (-0.74%). KET FORECAST When looking forward to March, we expect to see auction market activity increase again due to the auctions, while overall values should decline. CATERPILLAR 0.1% 6.4% 3.3% 21.5% 12.6% 0.0% 2.6% 18.3% HYSTER 0.4% 13.8% 4.7% 1.3% 17.8% 371.4% 0.1% 44.5% SKY TRAK 0.2% 0.1% 7.4% 75.3% GENIE 1.2% 7.2% 2.2% 53.6% 8.2% 810.0% 0.3% 11.1% JLG 0.9% 5.1% 5.6% 25.7% 7.4% 769.2% 3.1% 8.4% SKYJACK 1.2% 0.0% 11.4% 296.1% 0.5% 0.0% 1.3% 27.3% 37.4% 166.7% 3.7% 7.2%

12 CH 27, VERSION: PREMIUM UPDATED MONTHLY SUMY CONSTRUCTION LIFT/ACCESS OVERALL TYPE TRENDS LIFT/ACCESS BRAND TRENDS AGRICULTURE COMMERCIAL TRUCK REGIONAL TRENDS Ten regions had a stable Price Stability Index when looking at February, while only two were deflated and one was inflated. The highest score was Region N, which was the only one over 100 and the lowest was Region K. Only two regions (H & N) had increases in values, while 11 had increases in volume. K EQUIPMENTWATCH PRICE STABILITY INDEX BY REGION Region A Price Stability INDEX Description B Deflated C Deflated D E Deflated F Deflated G H I J K L M N Deflated *Insufficient data. See Appendix for explanation. *See Appendix for regions. L M N J A H I E D B G F C AGRICULTURE 12 Interested in connecting? Visit us at equipmentwatch.com/contact-us NEXT OVERALL EquipmentWatch, an Informa brand. All rights reserved.

13 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK AGRICULTURE OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS How is the Price Stability INDEX calculated? KET METRICS KET METRICS PRICE STABILITY INDEX $12,573,891, , % 1.1% 1.9% 0.1% KET VALUE 27.2% 41.2% 2.2% 385.6% DEFLATED STABLE INFLATED KET PERFORMANCE February is a fascinating month because the impacts of seasonality influence the auction channel greatly in the areas of volume, age and utilization. Since the average age of equipment has fallen 15.6% from last month, usage has also declined. Regarding the resale channel there is an increase in age relative to last year of 11.9%, however this is mostly due to the increase in volume of 27.2%. KET HIGHLIGHTS Usage has decreased on the auction channel; since volume has increased significantly this is an indicator that there have been a lot of newer models introduced this month. As a piece of equipment ages the value of that equipment depreciates. Compared to January, equipment introduced to the resale channel is slightly younger. This explains why there is a slight increase in for the month. 60K AND TRENDS The resale channel has experienced a marginal increase in values this month. Usage and average age did not fluctuate significantly either due to minute increase in volume change. In February the resale channel has minimal changes, due to seasonality changes being geared toward the auction channel. KET FORECAST Typically values for agricultural equipment are not very volatile. We can expect that the markets will continue to stabilize with no major changes in values. CHANGE AVERAGE AGE USAGE 1.9% 385.6% 1.0% 15.6% 0.3% 13.0% 27.2% 41.2% 11.9% 3.4% 3.2% 2.7% RESALE AUCTION RESALE AUCTION RESALE AUCTION

14 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK AGRICULTURE OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS 25K BALERS 41.9% 158.3% 1 106K COMBINES 6.7% 290.9% 15K 1.0% 3.1% 0.9% 0.0% 2.7% 0.0% 92K 78K 64K 1.3% 4.6% 0.7% 11.5% 15.5% 14.1% 10K 3.1% 13.5% 2.1% 23.4% Market activity has increased the most for Balers. Compared to February of last year, there are almost 3,300 more Baler s on the resale market. 4.9% 0.0% Combines have the largest increase in age compared to the latter year. The current average age of combines on resale has increased almost 1.7 years on resale, and 2.8 years on the auction. 25.4% 23.1% CORN HEADERS 2.8% 275.0% 60K PLANTERS 17.2% 100.0% 1.7% 7.5% 9.6% 0.0% 0.3% 0.6% 4.1% 0.0% 10K 0.0% 0.0% 0.8% 25.4% 10.7% 0.0% 4.4% 15.9% Values for corn headers have decreased the most. The age for corn headers are decreasing relative to last month, but increased on resale by 2 years, and on auction by 1 year relative to last year. 24.6% 9.5% The age trend of planters has the largest increase on both channels. Thought the values of planters rarely vary. The values of them are typically highest during the first quarter of the year. 1.0% 9.2%

15 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK AGRICULTURE OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS 165K 147K 129K 111K TRACK TRACTORS 0.9% 2.0% 5.1% 100.0% 2.4% 16.1% WHEEL TRACTORS 2.1% 0.8% 5.2% 398.1% 1.2% 9.9% 93K 2.1% 0.5% 17.8% 0.7% 75K 3.2% 29.4% 2.3% 19.8% The effects of seasonality are most prominent when looking at the age of this subtype on the Auction channel. Age has decreased by almost 3 years compared to last month. 1.0% 10.8% Wheel tractors experienced the highest increase in values. Age did decrease for this model while utilization declines on the auction channel and increased on the resale channel. 19.2% 3.3%

16 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK AGRICULTURE OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS KET DATA: RUARY ANALYSIS $12,573,891, ,344 KET VALUE CASE IH CHALLENGER KET PERFORMANCE Market activity on the resale channel was down for the month, however the auction channel has the most action which is typical for this time of year. Deere and Case IH have the most model introduced on the auction channel, while Kubota is the only manufacturer that experienced an increase on resale. 0.5% 1.5% 0.9% 100.0% 1.9% 19.1% 2.1% 15.2% 0.1% 0.9% 10.1% 100.0% 0.8% 0.0% 2.3% 0.0% KET HIGHLIGHTS All models except for Massey Ferguson and Challenger decreased in average utilization on the auction channel. Case IH increased in utilization relative to last year while all other models decreased. On the resale channel, utilization has increased across all manufacturers relative to January s results. Utilization may have increased, but values also increased for all manufacturers excluding Case IH, and Challenger. The average age for equipment has increased an average of 15.6% compared to February of last year on resale. The inverse can be said on the auction channel with a 7.9 decrease. The only manufacturers that show an increase in age are the Deere and New Holland. DEERE 0.3% 2.3% 0.4% 3.2% 1.8% 330.4% 1.5% 19.6% MASSEY FERGUSON KUBOTA 3.0% 2.3% 0.3% 17.6% 0.2% 400.0% 0.0% 35.0% NEW HOLLAND KET FORECAST Typically values for agricultural equipment are not very volatile. We can expect that the markets will continue to stabilize with no major changes in values. 1.4% 4.9% 8.8% 100.0% 5.6% 127.8% 7.6% 21.7% 4.0% 3.0% 5.6% 410.0% 3.0% 21.4% 1.6% 5.5%

17 CH 27, VERSION: PREMIUM UPDATED MONTHLY SUMY CONSTRUCTION AGRICULTURE OVERALL TYPE TRENDS AGRICULTURE LIFT/ACCESS BRAND TRENDS This month the market continues to show stability. Typically, in the agricultural market there tends to be minimal volatility in values. The largest variance that the agricultural market has will usually deal with volume. Similar to last year, all regions except region N are experiencing a volume decrease. Although all regions are stable, region A, G, and N are closer to being inflated than all other regions. The biggest difference in the Price Stability Index this year compared to last year is the percentage change in volume. Both years show decreases in volume, however last year there was a more significant decrease in all regions except for region F. REGIONAL TRENDS K L EQUIPMENTWATCH PRICE STABILITY INDEX BY REGION Region Price Stability INDEX Description A B C D E F G H I J K L M N COMMERCIAL TRUCK M N J A H I E D B G F C *Insufficient data. See Appendix for explanation. *See Appendix for regions. COMMERCIAL TRUCK 17 Interested in connecting? Visit us at equipmentwatch.com/contact-us NEXT OVERALL EquipmentWatch, an Informa brand. All rights reserved.

18 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK COMMERCIAL TRUCK OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS How is the Price Stability INDEX calculated? $2,585,168,212 61,703 KET VALUE KET PERFORMANCE With the expected shift in activity from the resale channel to auction last month, and changes were quite similar across the two channels. The average age and usage changes however, were not similar between the channels. Average age increases were much larger on auction while average usage increased at a higher rate for resale. KET HIGHLIGHTS As predicted, the month over month increase in auction channel activity was greater than previous months. Surprisingly, did not drop a full 1% despite the large increase in activity, indicating prices holding steady as more trucks are selling on the channel. As average age increased on the resale channel, it came as no surprise that was down for the month. KET METRICS 10.9% 7.3% 7.4% 35.5% KET METRICS 1.1% 0.8% 4.1% 187.4% AND TRENDS PRICE STABILITY INDEX DEFLATED STABLE INFLATED KET FORECAST Expect market activity to slow down on the auction channel and the number of available trucks on resale to remain close to where it stood last month. CHANGE AVERAGE AGE USAGE 4.1% 187.4% 0.8% 8.8% 2.1% 0.9% 7.4% 35.5% RESALE AUCTION 5.6% 19.7% RESALE AUCTION 15.7% 4.0% RESALE AUCTION

19 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK COMMERCIAL TRUCK OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS MEDIUM DUTY CABOVER DAY CAB CHASSIS 5.4% 0.0% MEDIUM DUTY CONVENTIONAL DAY CAB CHASSIS 0.8% 269.2% 15K 1.0% 1.2% 0.0% 0.0% 19.8% 100.0% 15K 1.5% 0.2% 0.1% 26.2% 4.5% 48.5% 10K 10K 0.9% 0.0% 2.5% 15.9% These trucks were the only ones with no presence on the auction channel last month, which was surprising considering the increases on every other type. 5.2% 100.0% There were significant increases on average age and usage for this type of truck on the auction channel last month as compared to last year resulting in the 17% drop in year over year. 4.5% 67.1% 35K HEAVY DUTY CONVENTIONAL DAY CAB CHASSIS 0.5% 0.3% 39.1% 63.2% 20.8% 22.8% 12.3% 38.6% 35K 25K HEAVY DUTY CONVENTIONAL DAY CAB TRACTOR 1.5% 0.4% 22.6% 565.1% 27.8% 11.6% 33.8% 1.5% 25K 2.5% 17.1% 15K 1.4% 3.8% One of the smallest percentage drops in for the month was on these trucks as the average usage both month over month and year over year was down with relatively stagnant changes in average age. 0.4% 17.5% The number of trucks sold on the auction channel within this subtype was greater than any other type last month, more than double the next highest sold subtype. 0.7% 9.8%

20 SUMY CONSTRUCTION LIFT/ACCESS AGRICULTURE COMMERCIAL TRUCK COMMERCIAL TRUCK OVERALL TYPE TRENDS BRAND TRENDS REGIONAL TRENDS HEAVY DUTY CONVENTIONAL SLEEPER TRACTOR 30.0% 42.6% MEDIUM DUTY CREW CAB CHASSIS 8.2% 0.0% 43K 36K 29K 22K 1.7% 3.2% 21.2% 5.9% 16.4% 16.8% 3.5% 0.1% 1.1% 0.0% 13.0% 0.0% 15K 1.0% 0.2% 10K 0.7% 0.0% As activity on the resale channel dropped 30% last month, there was a 42% increase in activity on auction. The drop in available units on the resale was much greater than the additional trucks sold at auction though. 10.7% 30.2% As usual, these medium duty trucks are more popular on the resale channel than auction even though February was a high volume month for the auction channel. 16.7% 13.3%