Triton Outlook and Market Fundamentals

TRITON Outlook Expect Adjusted EPS will decrease from Q4 2022 to Q1 2023 . Negative seasonality adds to market pressure on utilization and disposal prices ⚫ First quarter has fewest number of days • Gain on a sizable lease prepayment and loss reversals added $0.13 in Q4. Not expecting benefits to re-occur in Q1 However, expect our profitability will remain high and expect pressure will ease as year progresses • Pace of off-hires should slow as seasonality improves and as excess container stocks shrink • Used container sale prices starting to approach normal ratio vs. new container prices • Expect continued benefit from share repurchases Trajectory after Q1 will depend on how market evolves Adjusted EPS $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23E Q2'23E Q3'23E Q4'23E } Expected Range 27 27

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