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.

October 2023

Page 2

Index

PACCAR Overview

4

Trucking Moves the Economy

24

Distribution Centers and Dealer Map

44

Our Culture

5

>6t Global Truck Market

25

Global Dealer Network

45

PACCAR Brands

6

>16t Truck Market Size

26

Kenworth and Peterbilt Locations

46

New Kenworth T680

8

PACCAR Strategy

28

Financial Services Strategy

47

New Peterbilt Model 579

9

Investing Throughout the Business Cycle

29

Heavy Duty Market Share

48

New Kenworth and Peterbilt Medium Duty 10

MX Engine Production

30

DAF Brasil

49

New DAF XD, XF, XG, XG+

11

Zero Emission Trucks

31

Infrastructure Investment and Jobs Act

50

New DAF Truck Models

12

Battery Charging Solutions

32

Emissions Global Overview

51

PACCAR Powertrain

13

Battery Cell Production Joint Venture

33

ESG Leadership

52

Truck Production

14

Battery Strategy

34

Revenues and Profits

54

Excellent Financial Performance

15

Autonomous Trucks

35

Financial Results

55

Operating Margin

16

Aurora Partnership

36

Historical Gross Margins

56

Inventory Turns

17

Connected Services

37

Truck Results

57

SG&A % of Sales

18

Platform Science Partnership

38

Parts Results

58

Net Income per Truck

19

PACCAR Innovation Center

39

Financial Services Results

59

ROIC

20

Global Embedded Services

40

Credit Rating

60

Capital Allocation Strategy

21

Facility Investments

41

Competitive Advantages

61

Dividends and Stock Repurchases

22

Parts Strategy

42

Appendix

62

Excellent Dividend Yield

23

Parts and Finance Contribution to Profit

43

October 2023

Page 3

PACCAR

A Global Technology Company in Commercial Vehicles

2022 Revenues $28.8B

2022 Net Income $3.0B

2022 Avg Dividend Yield 4.6%

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

Truck and Other

$21.5B Revenues

Premium Quality Light, Medium and

Heavy Commercial Vehicles, Diesel and

Alternative Fuel Powertrains

Truck and

Other

75%

October 2023

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Parts

20%

Fin Svcs

5%

Aftermarket Parts

$5.8B Revenues Distribute Aftermarket Parts through Global Network of over 2,300 Dealerships

Financial Services

$1.5B Revenues

Finance and leasing portfolio of 217,400 trucks and trailers, with assets of $17.2B

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

October 2023

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.

October 2023

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

October 2023

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

October 2023

Page 9

New Peterbilt and Kenworth Medium Duty

The all new medium duty product line-up features an

8" wider cab with 3-person

seating. Powered by the updated PACCAR PX engine and all-new PACCAR TX-8 automatic transmission.

October 2023

Page 10

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Disclaimer

Paccar Inc. published this content on 24 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2023 17:57:37 UTC.