Financial Highlights - TFI International achieved an operating margin of 85% [11] - The company's Free Cash Flow (FCF) yield is 108% [11] - FCF conversion rate reached 871% [11] - The company has access to US$09 billion in revolving credit facilities [11] - The annual forward dividend yield is 21% [11] Growth and Acquisitions - TFI International has completed 94 acquisitions since 2016, including 5 major acquisitions (defined as having a purchase price of US$2000 million and over) [11, 21] - The company's strategy focuses on acquisitions that are immediately accretive to EPS and free cash flow [21] - Since 2017, US$25 billion has been returned to shareholders [11] Operational Overview - Less-Than-Truckload segment accounts for 41% of Year-to-Date (YTD) Q3-2025 revenue [23, 33] - Truckload segment represents 39% of YTD Q3-2025 revenue [23, 37] - Logistics segment contributes 20% of YTD Q3-2025 revenue [23, 42] - E-commerce revenue reached US$466 million TTM 3Q25 [59]