Global Novel Coronavirus Update June 25, 2020 "This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” "This presentation contains information we have gathered from various public sources including reference materials, webinars and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” Number of confirmed COVID-19 cases reported in the last seven days by country, territory or area, 17 June to 23 June*

*WHO Website

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 6/24/2020 2 6/25/2020June 18, 2020 © 2018 United Parcel Service of America, Inc. UPS, the UPS brandmark, and the color brown are trademarks of United Parcel Service of America, Inc. All rights reserved. UPS Global Freight Forwarding

Our highest priority is to protect the health and safety of our employees, customers, and suppliers. UPS® is confident it can do so while maintaining global operations, except where constrained by government restrictions or other circumstances beyond its control. The Novel Coronavirus pandemic has created unprecedented complexities, which have required us to constantly reassess our operations and take mitigating actions to minimize disruption to our customers.

Stay informed • Register to receive important communications from UPS • Find the latest information on Air Freight Capacity Surcharge • Track shipment status through UPS Flex Global View® • See how UPS Supply Chain Solutions is responding the coronavirus • International Air Transport Association (IATA) – iata.org • World Health Organization (WHO) – who.int

Promote supply chain continuity • UPS has an integrated global network of supply chain solutions • Air freight • Ocean freight • Preferred LCL • Small package • Warehousing & fulfillment

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 3 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” Europe - Coronavirus Updates, June 25th Lockdown Countries Current Situation Status

Russia • Russia: • The new daily cases and death rates continue to fall – for the MEDIUM Ukraine first time since late May

• Belarus: • The Ministry of Health has a new COVID-19 website which has updated information. • The third stage of lifting restrictions to be implemented • UK Romania • First person receives test dose of COVID-19 vaccine • The Prime Minister, announced that some restrictions will be UK lifted from July 4th. Spain • Pubs, restaurants and hairdressers will be allowed to reopen France • The 2-metre social distancing rule will be replaced with a 1- Germany metre-plus rule Italy • Scotland: LOW Austria • Retaining the 2-metre social distancing rule Bulgaria • Schools will reopen in August Greece • Spain: Netherlands • In Aragón, sudden increase in cases among fruit pickers Belgium observed Sweden • The region to return to Phase 2 of the de-escalation plan • Sweden: • New cases continue to be on the rise. • Country opened its borders to European Union and European Economic Area residents and citizens • Public gatherings of more than 50 people remain banned No information available

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. © 2020 United Parcel service of America, Inc. UPS, the UPS brandmark, the color brown are trademarks of United Parcel Service of America, Inc. All rights reserved. 4 6/25/2020June 18, 2020 © 2017 United Parcel Service of America, Inc. UPS, the UPS brandmark, the color brown are trademarks of United Parcel Service of America, Inc. All rights reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” Europe Update for June 25th Socioeconomic Updates UPS Operations**

• EU-China partnership now more important than ever • Air Freight: UPS operations working normal. Adjusting the • EU budget 2021: An annual budget focused on European routing of the freight, in order to have commercial uplift done recovery effectively • German outbreak sparks fresh local lockdowns • Ocean Freight: UPS operations working normal. Ports fully • Lufthansa subsidiary SunExpress to shut down functional. Currently no backlogs

Air Freight Updates Ocean Freight Updates

• Port of Belgium, France, Germany, Netherland & Finland • AirBridge Cargo: Freighter from/to: are severely constrained • AMS- SVX-HKG/SVO- SZX • Port of UK, Ireland, Denmark, Sweden, Norway, Turkey, • FRA/ZAZ- SVO-ICN/SVO-SZX Italy & Spain are working without any constraints • FRA-KJA-PVG/DME-NRT • LGG-ATL/SVO/DME • MXP-SVO/KJA Inland Transportation • Cathy Pacific: Intend to operate flights to London (LHR), Amsterdam, Frankfurt in July • The number of idling trucks remains flat at 1,3x over normal • Air Cannada: Scheduled inbound flights from level • Montreal to Brussels/Frankfurt/Paris • Available capacity continues to quick normalization, dropping to • Toronto to Frankfurt/London/Heathrow/Munich +19% compared to +110% just 6 weeks ago • Vancouver to London/Heathrow • The situation at the borders remains stable, border waiting times on some borders — e.g. DE→CH, FR→CH and RO→HU — are long

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 5 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” ISMEA - Coronavirus Updates, June 25th

Lockdown Countries Current Situation Status • Nigeria: • Local flight resumed from June 21st India • Date for, churches,/mosques opening has been Sri Lanka extended indefinitely Pakistan • Total lockdown may take place Iraq • Kazakhstan: HIGH Afghanistan • No in/out flights allowed Kuwait • Government imposed strict lockdown in some Angola regions • Most of the companies are closed for quarantine • Iraq: Baghdad and Basra Pudo lockdown lifted Saudi Arabia • Saudi Arabia: Bangladesh • Curfew & Lockdown has been lifted from June 21, UAE 2020 in Saudi Guinea MEDIUM • Tunisia: Congo • Curfew has been lifted as per the presidential Egypt decision Uganda

Ghana • Ghana: Restrictions on land and maritime borders. LOW Botswana

No information available

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 6 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” ISMEA Update for June 25th Socioeconomic Updates UPS Operations**

• Kuwait: • Air freight : • Curfew restrictions in all Areas from 7pm to 5am • UPS working but some delays expected due to local • Complete lockdown in areas (Farwaniya, Jleeb & condition Mahboula), till further notice • Ocean Freight: Running unconstrained • UAE: Abu Dhabi lockdown 24x7 is extended till June 30th • Local transportation causing delays due to restrictions

Air Freight Updates Ocean Freight Updates

• Port of Rwanda, Congo, Tanzania, South Africa, Pakistan, UAE, Egypt & Oman are operational but service constrained • Cathy Pacific: • Ports of India, Kuwait, Bahrain, Saudi Arabia, Qatar, • Intend to operate flights to Mumbai, New Delhi in July Zambia, Kenya are working without any constraints • Emirates : • Additional flights added for Colombo, Istanbul, • Additional flight in July scheduled for Auckland, Beirut, Hanoi, Ho Chi Minh, Barcelona, Brussels, Munich and Washington DC Inland transportation

• Final delivery delays of Air / Ocean may happen due to border constraints

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 7 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” APAC - Coronavirus Updates, June 25th

Lockdown Countries Current Situation Status

Philippines • Myanmar, Singapore & Philippines: Stay- Singapore At-Home order MEDIUM Indonesia • Indonesia: Only essential services working in Myanmar some parts of the country

Australia Cambodia China Hong Kong Japan • Open for business with social distancing and LOW Malaysia other restrictions South Korea Taiwan Thailand Vietnam

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 8 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” APAC Update for June 25th Socioeconomic Updates UPS Operations** • Philippines: Metro Manila continues to be under general community quarantine until June 30. Cebu site reverted back to enhanced community quarantine due to rising cases of COVID-19 • Air Freight: Charters available • Singapore: Ended Circuit Breaker Phase 1 (“Safe Re- • Ocean Freight: Available capacity Opening”) on June 18 and moved into Phase 2 (“Safe • Rail/Ground: Export shipments available, but limited for Transition”). There will be greater resumption of activities on some countries a broader scale though safe distancing measures continue to remain in place

Air Freight Updates Ocean Freight Updates

• China: Air Cargo operates regular weekly flights to/from China Carrier blank sailings still expected in July. Some carriers will re- • Japan: some routes remain reduced instate several sailings to meet the demand growth on certain • New Zealand: Reduced international flights locations • Malaysia: limited schedule • Philippines: reduced cargo flights

Rail Updates

• Malaysia: Road closures, roadblocks and checkpoints have been implemented across the nation. Limited transit between Brunei and Malaysia.

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 9 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” United States Update for June 25th

Socioeconomic Updates UPS Operations**

• US stocks plung over rising Covid-19 cases • EU considers US travel ban • Air Freight: Fully operational • Nine states hit record highs for covid-19 cases • Ocean Freight: Fully operational • US, Canada and Mexico extend border restrictions for 30 • Rail/Ground: Fully operational more days • UK travelers still banned from the US amid COVID-19 concerns

Air Freight Updates Ocean Freight Updates

• New cargo inspection program to cut wait times at Texas • Airlines restore some service, but finances remain grim border port. • E-commerce drives multipronged expansion at UPS Airlines • Port of New Orleans railroad upgrades locomotives • Air hub is responsible for making Louisville the fourth-largest • World container index – PVG to LA = down / PVG to NY = cargo airport in the world. down / PVG to RTM = stable

Inland transportation

• US-Mexico truck crossings decline 22% at Port Laredo

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 10 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” Canada Update for June 25th Socioeconomic Updates UPS Operations**

• Canada extends border restrictions for 30 more days • Air Freight: Reduced flights • Transportation job losses slow as Canada starts to • Ocean Freight: Port restrictions recover • Rail/Ground: Customs operation impacted • Canada Shifts to Maritime for PPE Import

Ocean Freight Updates

Air Freight Updates • Ports are operational. Cargo transportation is still allowed • Slow in/out processing and delays in customs clearance

Air Canada is resuming many of its international flights, heading to the U.S., the Caribbean, South America, Inland transportation Europe and the Pacific.

The airline will be offering flights to 97 destinations – down from its usual 220 spots. • Daily pickups and deliveries except where restrained by government

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 11 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. This update contains information we have gathered from various public sources and share with you to the best of our knowledge, but we cannot guarantee it is complete or in all cases accurate. Moreover, the market is changing rapidly currently; statements in this document may quickly be superseded, despite our best efforts. Nothing in this document can be taken as a contractual undertaking.” LATAM Update for June 25th Socioeconomic Updates UPS Operations**

• Deaths in Latin America officially surpass 100,000 • Mexico extends border restrictions for 30 more days • Air Freight: Reduced flights • Parts of Latin America reopen as crisis deepens • Ocean Freight: Port Restrictions • Peru economy sinks 40% in April amid lockdown • Rail/Ground: Customs operation impacted • US suspends travel from Brazil for foreigners

Air Freight Updates Ocean Freight Updates

• Ocean Port Restrictions (3 countries: DO, HN, PR) DO: Operations had been restricted up to 6pm HN: Limited service to Puerto Cortez Port PR: No passenger vessel allowed

LATAM Common Carriage flights were reduced or forbidden to/from US, Europe & Asia (19 countries: AR, Inland transportation BO, BR, CL, CO, CR, DO, EC, GT, HN, NI, PA, PE, PR, PY, SR, SV, UY, VE)

• US-Mexico truck crossings decline 22% at Port Laredo • Customs operation impacted (9 Countries: AR, CR, DO, EC, GT, PA, PE, SR, VE)

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 12 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved. Thank You Sources

• Official sources (WHO, Governments, etc.), ** UPS Internal Sources Seabury

• Carriers • Sky cargo • Emirates • Lufthansa

• News Media Brussels times New York Times BBC News Times of India

Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly by UPS. Proprietary and Confidential: This presentation may not be used or disclosed to other than employees or customers, unless expressly authorized by UPS. 14 6/25/2020June 18, 2020 ©© 2017 2020 United United Parcel Parcel Service service of America, Inc. UPS, the UPS UPS brandmark,brandmark, the the color color brown brown are are trademarks trademarks of ofUnited United Parcel Parcel Service Serviceof America,of America, Inc. Inc. All rightsAll rights reserved. reserved.