Strategic Rationale 02 Customer-first solutions → strong business fundamentals Working across 1,700 customers 1. FUM: Freight Under Management, which represents the dollar amount of freight managed by a MT provider on behalf of their shipper clients Gross Retention (2020) 96% Avg MT Customer Tenure ~8-9 years Avg MT Contract Length ~3-5 years Highly engaged with recurring revenue Growing FUM 1 (FUM in $B) 2018 2019 2020 2021 15 13 9 7 19% CAGR