Werner Enterprises Investor Presentation — November 2019

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Stephens Investment Conference

November 14, 2019DISCLOSURE STATEMENT

This presentation may contain forward -looking statements within themeaning ofSection 27AoftheSecurities Actof1933 ,asamended, and

Section 21EoftheSecurities Exchange Actof1934 ,asamended, andmade pursuant tothesafe harbor provisions ofthePrivate Securities

Litigation Reform Actof1995 ,asamended .Such forward -looking statements arebased oninformation presently available totheCompany’s

management andarecurrent only asofthedate made .Actual results could also differ materially from those anticipated asaresult ofanumber of

factors, including, butnotlimited to,those discussed intheCompany’s Annual Report onForm 10-K fortheyear ended December 31,2018 .

Forthose reasons, undue reliance should notbeplaced onanyforward-looking statement .TheCompany assumes noduty orobligation toupdate

orrevise anyforward -looking statement, although itmay dosofrom time totime asmanagement believes iswarranted orasmay berequired by

applicable securities law.Any such updates orrevisions may bemade byfiling reports with theU.S.Securities and Exchange Commission,

through theissuance ofpress releases orbyother methods ofpublic disclosure .

Premium Truckload Transportation & Logistics Services Provider

Headquarters Omaha, NE

11.0%77%21%2%2018 Revenues by Segment

Truckload Transportation Services (TTS)*

Top 50Top 25Top 10Top 52018 Revenues by Customer

Logistics/OtherManuf./Ind.Food & BeverageRetail2018 Revenues by Vertical

1 As of 10/30/19 for Market Cap and Dividend Yield, and as of 9/30/19 for Dedicated Fleet Size and One- Way Truckload Fleet Size.

2 Associates as of 9/30/19 includes approximately 13,084 employees and 575 independent contractor drivers.

*TTS includes Dedicated and One- Way Truckload.33,435 Trucks (43%)

Private fleet conversion

Specialty equipment

COMPREHENSIVE, CUSTOMER FOCUSED SOLUTIONS

4FIVE T’S STRATEGY EXECUTION

TractorsMaintained truck age at 1.8 years; keep at or near this level going

Trailers Lowered trailer age to 4.0 years, lowest level since 2000

TalentUtilizing performance pay and metrics to drive performance and attract and retain high performing talent

TerminalsUpgraded and expanded our terminal network to improve driver training, safety, equipment maintenance and throughput

TechnologyUpgrading and modernizing IT infrastructure and data security; expanding driver mobility by strengthening our Drive Werner app and developing a new in- cab technology solution; enhancing

logistics applications software to improve real -time execution and