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PACCAR Announces Change of Format for 2020 Annual Meeting of Stockholders

March 24, 2020, Bellevue, Washington – PACCAR Inc announced today that in response to current public health guidance for COVID-19, it will hold its 2020 Annual Meeting of Stockholders in a virtual meeting format only, via live webcast. The meeting will be held on Tuesday, April 21, 2020 at 10:30 a.m. Pacific time. The Company is mailing to stockholders a Notice of Change of Format for 2020 Annual Meeting containing a 16-digit control number that will enable access to the meeting at www.virtualshareholdermeeting.com/PCAR2020. Stockholders have the same rights and opportunities to participate as they would at an in-person meeting.

The Company urges stockholders to vote and submit proxies in advance of the Annual Meeting by one of the methods described in the proxy materials for the Annual Meeting.

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 Global Select market, symbol PCAR. Its homepage is www.paccar.com.

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