RYDER SYSTEM INC

Rule 10b5-1 Trading Plans and Non-Rule 10b5-1 Trading Arrangements

Certain of our officers or directors, as applicable, have made elections to participate in, and are participating in, our dividend reinvestment plan and 401(k) savings plan, and have made, and may from time to time make, elections to purchase shares, have shares withheld to cover withholding taxes, or pay the exercise price of options, which may be designed to satisfy the affirmative defense conditions of Rule 10b5-1 under the Exchange Act or may constitute non-Rule 10b5-1 trading arrangements (as defined in Item 408(c) of Regulation S-K).

Corporate Revolving Credit Facility

In April 2025, we amended and restated our corporate revolving credit facility, which supports U.S. and Canadian commercial paper programs, with a syndicate of the eleven incumbent lending institutions. The facility's committed borrowing capacity was increased to $1.6 billion and it now expires in April 2030. The credit facility is primarily used for general corporate purposes and can be used to issue up to $150 million in letters of credit. As of March 31, 2025, there were no letters of credit outstanding against the facility. The foregoing description of the amended and restated corporate revolving credit facility does not purport to be complete and is qualified in its entirety by reference to the Fourth Amended and Restated Global Revolving Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 10-Q.