PACCAR Inc's Board of Directors today declared an extra cash dividend of one dollar and forty cents ($1.40) per share, payable on January 7, 2026, to stockholders of record at the close of business on December 19, 2025.

Mark Pigott, executive chairman, shared, "PACCAR is celebrating 120 years of innovation and industry leadership. PACCAR has generated excellent shareholder returns due to its durable and reliable vehicles, strong aftermarket parts and financial services, and technology solutions that enhance customers' operational performance. PACCAR has delivered annual dividends, including regular quarterly and extra cash dividends, totaling approximately 50% of net income for many years. PACCAR's shareholders have earned returns that have exceeded the S&P 500 index for the last 20 years."

Preston Feight, chief executive officer, said, "PACCAR's excellent profits and cash flow have enabled the company to invest in premium quality DAF, Kenworth and Peterbilt trucks, next generation clean diesel engines and alternative powertrains, expanded manufacturing capabilities, and integrated connected vehicle services. We are pleased to share that the DAF XF Electric and XD Electric trucks were honored as International Truck of the Year 2026 by an independent jury of leading European transportation journalists. This is the third time in five years that DAF Trucks has earned this prestigious award."

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business. PACCAR shares are listed on the NASDAQ Stock Market, symbol PCAR. Its homepage is www.paccar.com.

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Ken Hastings

(425) 468-7530

ken.hastings@paccar.com