Supporting Truck Electrification

Bus & Truck Working Council Homer Hogg • Director Technical Service • 39 years experience • 29 years with – Director Maint. • - ASE • ASE Master Tech Certified

Homer Hogg Director Technical Service & Co-host of Maintenance Matters 1st & 3rd Thursday on The Dave Nemo Show, SiriusXM Channel 146 TravelCenters of America

• 50 year history; publicly traded since 2007.

• Operates 301 nationwide full service travel centers and standalone restaurants.

• 258 travel centers, under the TravelCenters of America, TA and TA Express, or the TA brand name, and the Petro and Petro Stopping Centers, or the Petro brand name: • 199 leased from Hospitality Properties Trust, or HPT. • 32 owned by TA, including 2 operated by franchisees. • 23 owned and operated by franchisees. • 4 owned by others, including 2 operated for a joint venture.

• Average TA / Petro Location: • 25 acres of land. • Parking for approximately 200 trucks and 100 cars. • Fuel: 10 truck fueling lanes, 10 car fueling positions. • Food: table service and quick service restaurants. • Large . • Truck maintenance and repair facility. • Other driver/motorist services: showers, laundry area, business center, truck scales, video game room, casinos, fitness facilities and Wi-Fi internet access.

3 TA, TA Express, Petro and QSL Geographical Footprint

More than 50% of TA’s travel centers are located in the 13 states with the highest concentration of truck traffic. U.S. Freight # of TA / State Activity Rank (2) Petro Sites Texas 1 23 California 2 13 Illinois 3 11 Ohio 4 16 Blue-TA Pennsylvania 5 11 Green-Petro NY, NJ, FL, MI, Red-TA Express GA, IN, NC, LA 6-13 58 Total 132

4 Advantage for Customers: Nationwide network of truck repair facilities

• TA Truck Service truck repair services include: • Computerized diagnostics • AC repair • Electrical repair • ABS diagnostics and repair • Wheel and brake repair • Oil changes, preventative maintenance and DOT inspection for power units and trailers • Tire repair and replacement • Wheel alignments • Aftertreatment Systems • Used Truck Inspections & Repairs • And More • TA is the only non-dealer warranty service provider for Daimler Trucks North America, the largest manufacturer of 18 wheelers in the U.S.

• TA repair warranty is honored nationwide at all TA, Petro and TA Express locations

• Open 24/7/365

• We train our own technicians at our Lodi, OH and Phoenix, AZ training centers

5 Current EV Direction

• We will supply energy needed by customers • 1+ MW Charging Med/HD Vehicles • The current state of EV for long-haul is challenged • Battery technology is not encouraging • Cobalt is part of the problem Current EV Cont…

• Batteries are a good fit for some operations such as school busses • DTNA partnered with Volvo to develop fuel cell technology • Nikola has signed a letter of intent to partner with Nel ASA for 85 megawatt electrolyser Our Current Position

• We will likely provide EV infrastructure on a limited basis • We will likely provide Hydrogen solutions where appropriate • We currently provide LNG and are open to any energy solution needed by customers Challenges

• ROI • Private versus public interface • Lack of current standards/Silo approach • Grid to dispenser • Low fuel costs • Residual value of the vehicle • Service infrastructure Challenges Cont…

• Grant money is not a long-term strategy • Range is a problem • Weight is a problem • High acquisition costs • COVID-19’s Impact on the economy • We will be ready when the time comes Questions?