Schneider National, Inc.

9. INCOME TAXES

Our effective income tax rate was 24.1% and 25.0% for the three months ended June 30, 2025 and 2024, respectively, and 24.5% and 25.0% for the six months ended June 30, 2025 and 2024, respectively. In determining the quarterly provision for income taxes, we use an estimated annual effective tax rate adjusted for discrete items. This rate is based on our expected annual income, statutory tax rates, and best estimates of nontaxable and nondeductible income and expense items.

On July 4, 2025, the U.S. enacted a budget reconciliation package known as the One Big Beautiful Bill Act (“OBBBA”) which includes significant provisions such as the permanent extension of certain expiring provisions of the Tax Cuts and Jobs Act and restoration of favorable tax treatments for certain business provisions. ASC 740 requires entities to recognize the effects of new income tax legislation on deferred tax balances in the reporting period in which the legislation is enacted; we will record the effects on deferred tax balances in the third quarter. The Company is currently evaluating the impact of the new legislation but does not expect it to have a material impact on our results of operations.