International® is a registered trademark of , Inc. www.navistar.com 1 Company Overview

Navistar is an international manufacturer of International® brand commercial trucks, proprietary diesel engines, and IC Bus® ("IC") brand school and commercial buses

▪ NYSE: NAV ▪ Outside our core markets, International is a leading truck brand in Mexico and much of Latin America ▪ 12,100 worldwide employees (as of October 31, 2020) ▪ Headquartered in Lisle, Illinois ▪ One of the largest diesel engine manufacturers in Brazil, with our wholly owned subsidiary International ▪ Business operations in four primary countries (U.S., Indústria Automotiva da América do Sul Ltda. (IIAA), Canada, Mexico and Brazil) formerly MWM International Industria De Motores Da ▪ Largest dealer network in North America, including America Do Sul Ltda. service partnership with Love’s Travel Stops ▪ In addition, we export trucks, buses and engines to ▪ One of the largest commercial vehicle parts niche markets around the world distribution networks in North America ▪ Core business: U.S. and Canada truck and parts markets ‒ Nearly one in five Class 6 through 8 vehicles on the road today is a Navistar International truck ‒ Nearly half of all school buses on the road today are our IC Bus® brand

International® is a registered trademark of , Inc. www.navistar.com 2 Business Segments

Our principal products and services include: ▪ Trucks – We manufacture and distribute Class 4 through Class 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, and student and commercial transportation markets under the International® and IC Bus® brands. We design and manufacture proprietary diesel engines for our International branded trucks and IC branded buses. ▪ Parts – We support our International® brand commercial trucks, IC Bus® brand buses, and our proprietary engines, as well as our other product lines, by distributing proprietary products together with a wide selection of other standard truck, trailer, and engine service parts. ▪ Financial Services – We provide and manage retail, wholesale, and lease financing of products sold by the Truck and Parts segments, as well as their dealers, within the U.S., Canada and Mexico.

Manufacturing Operations Consolidated 2020 Net Revenue:

▪ Revenue: $5.3 billion ▪ Percentage of Net Revenue: 70% Trucks ▪ Manufactures and distributes Class 4 through Class 8 trucks, buses, and military vehicles $7,503 million under the International® and IC Bus® brands, along with proprietary engines

▪ Revenue: $1.8 billion Parts ▪ Percentage of Net Revenue: 24% ▪ Supports International® and IC Bus® brands, along with our proprietary engines Financial Services

▪ Revenue: $253 million ▪ Revenue: $217 million ▪ Percentage of Net Revenue: 3% ▪ Percentage of Net Revenue: 3% Global ▪ Revenue is primarily derived from wholly owned subsidiary IIAA, a leader in the ▪ Provides and manages retail, wholesale, Operations

South American mid-range diesel engine market Services Financial Financial and lease financing of products sold by the ▪ Additionally, sells engines to global OEMs Truck and Parts segments and their dealers

Figures are for full year 2020

International® is a registered trademark of , Inc. www.navistar.com 3 Company History

1831 – Cyrus McCormick builds first mechanical reaper 2011 – Several new products are introduced, including the WorkStar® Sloped Hood, TerraStar® 4x4 and LoneStar® with MaxxForce® 13. 1902 – The International Harvester Company is formed by the merger of Navistar Engine introduces the MaxxForce® 15 engine McCormick Harvesting Machine Company, the Deering Harvester Company and three smaller makers of agricultural equipment 2012 – Navistar announces shift to SCR emissions technology and the addition of the Cummins ISX to its heavy-duty engine offerings 1920 – International Harvester (IH) begins construction of a truck factory at Fort Wayne, Ind. Production at the site begins in 1923, the same year that 2013 – Navistar launches its complete heavy-duty Class 8 truck portfolio truck production starts at Chatham Works in Chatham, Ontario. The with SCR-based emissions technology. The company also announces the Springfield Works (Springfield, Ohio) is converted to truck manufacturing in inclusion of the Cummins ISB 6.7 liter engine for its medium-duty DuraStar 1921 and CE Series school bus 1942 – In the wake of Pearl Harbor, International Harvester ramps up its 2014 – Navistar enhances OnCommand Connection connected services military production, nearly doubling its output of crawler tractors (trucks) offerings. International Truck launches industry's best fuel efficiency package: for the Army and Navy and for export to Allied Forces the ProStar ES 1986 – After 155 years in the farm equipment business, International 2015 – Navistar launches propane school bus for customers seeking Harvester sells its Agriculture Division to J.I. Case, along with the IH name. alternative fuel engine Now focused on commercial trucks and engines, the company is renamed 2016 – Navistar launches new products and product features: HX Series and Navistar International Corporation LT® Series. The company also announces a strategic alliance with TRATON AG 2000 – Navistar acquires Maxion Motores in Brazil, expanding its engine 2017 – Navistar closes strategic alliance with TRATON AG. The company also business to South America unveils new 12.4 liter A26 engine and new RH Series trucks 2001 – International launches the common platform 4000, 7000 and 8000 2017 – Navistar launches the HV™ Series, and Uptime Command Center series trucks, dubbed “The Industry’s First High Performance Trucks,” representing the most comprehensive product launch in the history of the 2018 – Navistar launches the CV™ and MV™ Series company 2019 – Navistar partners with Love’s Travel Stops to expand service locations 2004 – Navistar enters the defense business with the formation of and technicians International Military and Government, LLC, renamed Navistar Defense, 2019 – Navistar announces Navistar 4.0 strategy to improve EBITDA margins LLC, in 2008 2020 – Navistar forms partnership with TuSimple to bring autonomous trucks Navistar forms commercial truck joint venture with Mahindra & 2005 – to market Mahindra of India and acquires Workhorse Custom Chassis. The company (A) acquires MWM in South America and consolidates its existing South 2020 – Reaches definitive agreement with TRATON to acquire Navistar American engine company to form MWM-International 2020 – Navistar launches next generation HX® Series severe service truck 2009 – Navistar and Caterpillar enter strategic alliance for global truck 2021 – Navistar announces collaboration with General Motors and OneH2 to market and severe service trucks for North America launch hydrogen truck ecosystem

International® is a registered trademark of , Inc. www.navistar.com 4 (A) Merger closing subject to customary closing conditions and regulatory approvals. Navistar 4.0 is focused on achieving sustainable success and building confidence among all stakeholders. To drive the pace of our progress forward, we have established seven critical strategic initiatives to guide decision-making and investments.

Commercial Transformation Sustainably Selling More Trucks – Building sustainable commercial success for our brand by engaging with more customers, professionalizing the sales process and building capabilities together with the International Truck dealer network. Uptime / TCO / Connected Delivering Best Experience Through Technology – Supporting our customers on the road better than our competitors, through technology and responsiveness. Project Compass Efficient Customer-Centric Design – Reducing unnecessary complexity while meeting customer needs. Emerging Technologies Reimagining Mobility Solutions – Deploying lifecycle innovative solution leveraging internal competencies and strategic partnerships to address new profit pools. This initiative is focused on electric, fuel cell, and autonomous solutions. Innovation Exploring What’s Possible – Building a mindset of curiosity, problem-solving and breakthrough thinking to grow new businesses and sources of revenue. Manufacturing 4.0 Building Better and Smarter – Combining our manufacturing and procurement expertise, along with innovative technologies, to improve quality and minimize conversion cost. People 4.0 Working, Leading and Learning Differently – Creating a culture of trust, empowerment and accountability to build the best teams. Long-term plan to improve adjusted EBITDA margins to 12% by 2025

International® is a registered trademark of , Inc. www.navistar.com 5 TRATON Alliance Delivering on Expectations

FOR NAVISTAR: FOR TRATON: Procurement Joint Venture Pivotal Role in TRATON • $500 million savings in first five “Global Champion” years Strategy • Annual run rate savings of • Economies of scale $200 million thereafter • Leading powertrain • Achieved $225 million savings technology in first 2 ½ years • Broad sales/service network • 17% stake in Navistar Technology and Supply Partnership • More efficient engineering spend • Proprietary parts opportunities • Accelerate speed to market

On November 7, 2020, Navistar and its alliance partner TRATON announced they entered into a definitive agreement where TRATON will acquire by merger all the outstanding shares of the company that it does not already own for $44.50 per share in cash, and Navistar will become a wholly owned indirect subsidiary of TRATON. The transaction is targeted to close in mid-2021.(A)

International® is a registered trademark of , Inc. www.navistar.com 6 TRATON SE, known as the TRATON Group, (formerly Volkswagen Truck & Bus AG) is a subsidiary of the Volkswagen Group. (A) Merger closing is subject to customary closing conditions and regulatory approvals. Products and Technologies

▪ The LT Series ▪ The RH Series − Advanced line of Class 8 − Line of Class 8 regional haul trucks on-highway trucks − Driver-centric design: optimal − Delivers leading fuel efficiency, maneuverability and instinctive interior uptime and driver appeal controls

▪ The HX Series ▪ The HV Series − Line of Class 8 premium − Line of severe service trucks equipped vocational trucks with our A26 engine − First product released under Navistar 4.0 − Equipped with driver-refined features strategy and its Project Compass while delivering power and reliability initiative

▪ IC Bus ▪ The MV Series − Diesel, propane, and gasoline engine − Line of Class 6/7 trucks offerings in RE and CE bus series − Improved cab design along with Class − Offering new electric-powered school 8 driver-centric enhancements buses

▪ Powertrain Options ▪ The CV Series − Our 12.4L A26 engine, which offers − Re-entered Class 4/5 market improved fuel efficiency − Automotive-like comfort with premium − Cummins offerings include B6.7, L9 and interior and ergonomics X15

International® is a registered trademark of , Inc. www.navistar.com 7 International Truck Guide

TRUCK GUIDE | 2021

International® CV ™Series MEDIUM International® LoneStar® HEAVY

Gross Vehicle W eight Gross Vehicle W eight 16,000 to 22,900 lbs. 52,350 - 60,600 lbs. W HAT SETS US APART. Maximum Combined Maximum Combined Gross W eight Gross W eight 37,000 lbs. 140,000 lbs. BBC BBC 115" 132" OUR MISSION IS TO PROVIDE BEST-IN-CLASS UPTIME THAT KEEPS YOU ON THE Cab Options Cab Options Regular Cab Day Cab, ROAD OR ON THE JOB SITE.IT’S ABOUT MORE THAN JUST BUILDING RELIABLE Crew Cab 56" Low Roof Sleeper, 56" Hi- Rise Sleeper, TRUCKS,IT’S ABOUT TAKING SAFETY,PERFORMANCE,AND DRIVER COMFORT TO Engines 73" Hi- Rise Sleeper, 73" Sky- Rise Sleeper A WHOLE NEW LEVEL.FROM DURABILITY AND ERGONOMICS TO CONNECTED Engines TECHNOLOGIES AND MORE, IT’S UPTIME AT INTERNATIONAL TRUCK.

International® MV ™Series MEDIUM International® LT® Series HEAVY DRIVERFIRST™ UPTIME COMMAND CENTER

Gross Vehicle W eight Gross Vehicle W eight Driver focused design philosophy Real time service data reviews and 21,500 to 54,600 lbs. 32,000 - 60,000 lbs. that improves comfort,safety and cross functional support for A 26 Maximum Combined Maximum Combined Gross W eight Gross W eight ergonomics to optimize productivity. powered vehicles and more. 66,000 lbs. 140,000 lbs. BBC BBC 107" 125" DIAMOND LOGIC® NORTH AMERICA'S LARGEST Cab Options Cab Options 26" E xtended Cab, Day Cab, ELECTRICAL SYSTEM DEALER NETW ORK 4- Door Crew Cab, 56" Low Roof Sleeper, Day Cab 56" Hi- Rise Sleeper, Advanced electronics allow for You're never far from highly qualified 73" Hi- Rise Sleeper, Engines 73" Sky- Rise Sleeper improved productivity and reliability technicians to get you back on the Engines while lowering operating costs. road faster.

ONCOMMAND® CONNECTION International® HV ™Series SEVERE International® RH™Series HEAVY Connected technology keeps you informed about your fleet's vehicles and Gross Vehicle W eight Gross Vehicle W eight 27,500 - 74,000 lbs. 32,000 - 60,000 lbs. maintenance for maximum uptime. Maximum Combined Maximum Combined Gross W eight Gross W eight 140,000 lbs. 140,000 lbs. BBC BBC SEE THE FLEET IN ACTION 107", 113" 113" Cab Options Cab Options 26" E xtended Cab, Day Cab 4- Door Crew Cab, 56" Low Roof Sleeper, Day Cab 56" Hi- Rise Sleeper W ANT TO SEE MORE OF THESE TRUCKS HARD AT W ORK? Engines Engines FIND VIDEOS, SPECS AND MORE BY VISITING InternationalTrucks.com

International® HX® Series SEVERE

Gross Vehicle W eight 52,000 - 92,000 lbs. Maximum Combined Gross W eight 150,000 lbs. BBC CUMMINS® B 6.7 CUMMINS® L9 INTERNATIONAL® 6.6 INTERNATIONAL® A26 CUMMINS® X15 114", 115", 119", 120" POWER200-325hp* POWER260-380 hp POWER350hp@2700 rpm POWER365-515hp POWER450-605hp TORQUE520-750lb.-ft.** TORQUE720-1,250lb.-ft. TORQUE700 lb.-ft.@1600 rpm TORQUE1,250-1,850lb.-ft. TORQUE1650-2050lb.-ft. Cab Options Day Cab DISPLACEMENT6.7liters DISPLACEMENT8.9liters DISPLACEMENT6.6liters DISPLACEMENT12.4liters DISPLACEMENT14.9liters 51" Sleeper BORE ANDSTROKE4.21" and4.88" BORE ANDSTROKE4.49"and5.69" BORE ANDSTROKE4.06"*and3.90" BORE ANDSTROKE4.96" and6.54" BORE ANDSTROKE5.39" and6.65" WEIGHT1,150lbs.dry WEIGHT1,695lbs.dry WEIGHT960 lbs.dry WEIGHT2314lbs.dry WEIGHT2,961lbs.dry Engines

*Not all horsep ow er rating s availab le in all m od els. **Ad d itional rating s are availab le for fire and em erg ency applications. Note: The inform ation and conclusions contained herein are b elieved to b e correct at tim e of p ub lication, b ut d o not necessarily apply to sim ilar vehicles with d ifferent sp ecifications or with p rod uction d ates after the p rod uction of this p ub lication. Vehicles with d ifferent sp ecifications or later d ates of p rod uction m ay yield d ifferent result s. Vehicle sp ecifications are sub ject to chang e without notice. © 20 21 , Inc. All rig ht s reserved . All m arks are trad em arks of their resp ective ow ners.

International® is a registered trademark of , Inc. www.navistar.com 8 Manufacturing Facilities

Through our dealer network of 1,052 outlets in the U.S. and Canada, which includes 342 Love’s Travel Stops locations, as well as 89 outlets in Mexico and our export truck operations, primarily in Latin America, we provide a comprehensive range of services and other support functions. In addition, our network of used truck centers and International certified used truck dealers in the U.S. and Canada provides trade-in support to our dealers and national accounts group, and markets all makes and models of reconditioned used trucks to owner-operators and fleet buyers. Additionally, we operate 12 parts distribution centers in North America.

Springfield Assembly Plant – Springfield, Ohio, USA Escobedo Assembly Plant – Escobedo, Mexico ▪ Consists of assembly plant, paint facility, and truck specialty center ▪ Opened in 1998, has two lines of production and produces a full ▪ Has two lines of production and primarily produces medium-duty range of Class 8 vehicles trucks, as well as other vehicles for original equipment manufacturers San Antonio Assembly Plant – San Antonio, Texas, USA ▪ To be completed in 2022, this benchmark assembly facility with Tulsa Bus Plant – Tulsa, Oklahoma, USA best-in-class lean processes will be Industry 4.0 ready and will increase flexibility ▪ Began assembly operations in 2001 ▪ Links Navistar's southern United States and Mexico supply bases ▪ Comprises more than 1 million square feet of manufacturing space to improve order-to-delivery and first-time quality, while lowering ▪ Centered around production of integrated conventional CE Series network conversion costs school buses Navistar Engine Plant and Technical Center – Santo Amaro, São Paulo, Brazil Navistar Big Bore Diesel of Alabama, LLC – Huntsville, Alabama, USA ▪ Produces a full line of diesel engines for use by original equipment manufacturers, the MAN D08 engine under contract ▪ Consists of state-of-the-art diesel engine manufacturing facility, manufacturing, and cylinder blocks for Navistar’s big bore engines which produces technologically advanced clean diesel engines ▪ MWM Acteon lines produce engine series 10, 12 and 229 for ▪ Making capital investment to expand manufacturing capabilities to vehicular, agricultural, industrial and marine market segments produce next-generation, big-bore powertrains developed as part of the alliance with TRATON ▪ Home to the technology and development center, where MWM- International engines are engineered and tested

International® is a registered trademark of , Inc. www.navistar.com 9 Industry-Leading Aftersales Support

▪ Service partnership with Love’s Travel Stops – Industry’s largest and leading service network

▪ International 360 – New communication platform that revolutionizes fleet management

▪ Advanced tools – Predictive stocking to cut down on downtime due to waiting on parts

Transforming our dealer network to better serve North American fleets

International® is a registered trademark of , Inc. www.navistar.com 10 Key Executives

Persio V. Lisboa Troy A. Clarke Walter G. Borst Phil J. Christman Donna G. Dorsey Samara A. Strycker President and Chief Executive Executive Vice President, Senior Vice President, Senior Vice President, Executive Officer Chairman President and Chief Operations and Chief People and and Corporate Financial Officer Export Diversity Officer Controller

▪ ▪ President and Chief ▪ Executive Chairman ▪ Executive Vice ▪ President, Senior Vice ▪ Senior Vice Executive Officer since July 2020 President and Chief Operations and President, Chief President and People and Diversity since July 2020 ▪ Previously Financial Officer Export, since April Corporate Officer since ▪ Previously Executive Chairman, President since June 2013 2017 Controller since February 2015 Vice President and and Chief Executive ▪ Previously ▪ Previously Senior August 2014 Chief Operating Officer, Chief Chairman, Chief Vice President, ▪ Previously, held ▪ Prior to joining Officer; President, Operating Officer, Executive Officer, Joint Strategic leadership positions Navistar, held Operations; Chief and President of and President of GM Operations and within HR, leadership positions Procurement Officer; Navistar Asia Pacific Asset Management, Planning Integrated Product at General Electric Development and Vice President, ▪ Joined Navistar in and prior to that ▪ Previously Vice Healthcare Navistar Financial Purchasing and 2010, after 35 years Treasurer of GM President, Global ▪ Prior to GE organizations Logistics at Navistar at GM ▪ Joined Navistar after Engineering; Healthcare, had a ▪ Prior to joining ▪ Held various ▪ B.S. in mechanical 33 years at GM President, Global 15-year career with Navistar, held management engineering from ▪ B.S. in finance from Truck Operations Pricewaterhouse- leadership positions positions within General Motors General Motors at Navistar Coopers LLP at Sears, Roebuck & Navistar’s North Institute and M.B.A. Institute and M.B.A. ▪ Joined Navistar in Company (now American and South from the University from Stanford 1986 Sears Holdings) American operations of Michigan University

International® is a registered trademark of , Inc. www.navistar.com 11 Key Executives

Friedrich W. Julie Ragland Curt A. Kramer William V. Robert B. Walsh Eleanor Cabrere Baumann Senior Vice Senior Vice McMenamin Vice President, Deputy General Counsel, President, Sales, President, Chief President and President, Financial Emerging Technologies, Corporate Secretary and Marketing & Aftersales Information Officer General Counsel Services and Treasury Strategy and Planning Chief Litigation Counsel

▪ President, Sales and ▪ Senior Vice ▪ Senior Vice ▪ President, Financial ▪ Vice President, ▪ Deputy General Marketing since President and President and Services and Emerging Counsel, Corporate August 2020, Chief Information General Counsel Treasurer since Technologies, Secretary and Chief Aftersales since Officer since since April 2017 August 2015 Strategy and Litigation Counsel March 2019 and September 2018 ▪ Previously ▪ President of NFC Planning, since since March 2021 continues to be ▪ Joined Navistar in Associate General since January 2013 July 2020 ▪ Previously Deputy Navistar’s TRATON 2018 after 15 years Counsel and ▪ Previously Vice ▪ Prior to rejoining General Counsel, alliance liaison at Johnson Corporate President, Chief Navistar, Chief Corporate Operations ▪ Previously Senior Controls/ Adient Secretary of NIC Financial Officer and Procurement since 2017, and held Vice President of and 15 years in and NI since Treasurer of NFC, as Officer for Sears other legal positions Strategy and consulting, December 2007, as well as other Holding with increasing levels Planning primarily with well as other legal positions within NFC Corporation of responsibility since positions with joining Navistar in 2001 ▪ Joined Navistar in Ernst & Young with increasing ▪ Prior to joining increasing levels of 2018 after 28 years levels of Sears, worked for ▪ Prior to joining responsibility since with Daimler Trucks responsibility since Navistar for 15 Navistar, worked in joining Navistar in North America, most joining Navistar in years, most recently private practice at 2002 recently as Sr. Vice 2005 as President of several law firms President, Navistar Defense Aftermarket

International® is a registered trademark of , Inc. www.navistar.com 12