Team Matters June 2022

RECORD PROFIT SHARING!

Incredible 9.659% In The First Quarter

Because of our team’s focus on performance, we were able to contribute an amount equal to 9.659% of your pay in Profit Sharing to your 401(k) retirement accounts in the first quarter, which is a record! That’s more than 2% higher than our previous record of 7.221%, which we achieved in the first quarter of 2021. Our operating ratio was 83.1 – that’s our best quarter on record! And our business growth was 23.5% more than the first quarter of 2021. “I am so proud of how our team has continued to come together to deliver outstanding service,” says BARRY BLAKELY of our executive leadership. "Accomplishments like these truly are a team effort. I am excited to see what we can achieve during the second quarter and the rest of the year." CONTINUING THE MOMENTUM One of the best ways we can continue our positive momentum is to refer like-minded friends and family, or People Like You. “We have open positions throughout our network that would be perfect for People Like You,” Barry says. “So I encourage everyone to keep those referrals coming so we can meet the needs of our customers now and keep our culture strong for the future.” As we continue to deliver excellence to our customers and grow our team through People Like You referrals, the sky truly is the limit for what we can achieve! To learn more about how your efforts make a difference in growing our team’s Profit Sharing contributions, log on to InsideAveritt.com/ProfitSharing . And for more information about our People Like You referral program, including a list of open positions, information about referral rewards and referral tools, visit InsideAveritt.com/PeopleLikeYou . T m Our 50th year was one to remember, and your commitment to excellence is helping us continue that momentum in 2022.

PROFIT SHARING CONTINUES TO RISE

9.659%

*Numbers represent amount equal to percentage of associate pay

6.73%

4.51%

4.13%

3.928%

3.0%

2.7%

Q1

2022 2021

2016

2017

2018

2019

2020

FROM GARY SASSER PG. 1 new leaders who started on the dock or in the driver’s seat, or others who have been able to transfer to a new role as they make the most of their Averitt career. Our commitment to helping others succeed is an important part of our Winner’s Circle – Our Customers, Our Associates and Our Future. Because

teammates from across our network are able to catch up, share the fun of competing, and enjoy good food and camaraderie together. All of these are part of why the Averitt team is such a great one to be part of. If you’ve never attended our softball or golf events, I encourage you to participate this year. I promise you’ll be glad you did, and you’ll have the

opportunity to make long-lasting connections with fellow associates. You’re the reason we’re able to share such a strong, family-oriented culture. We have the best people in the industry, and I’m so proud to be part of a team that is focused on helping others succeed.

when we deliver excellence to our customers, and when we take care of our associates, we’re able to secure our future for generations to come. Another part of our focus on people is our family atmosphere. That’s why I’m so excited that we’re able to bring back our softball and golf tournaments this summer. These events are so important for our culture because

COMMUNITY CHALLENGE matters

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