PENSKE AUTOMOTIVE / 2021 ESG REPORT 24 PARTNERING FOR POSITIVE IMPACT Through our affiliated companies, Penske Racing, Penske Entertainment and Penske Transportation Solutions, we partner with several organizations to make a difference in people’s lives. Penske Entertainment (owner of the Indianapolis Motor Speedway and the NTT IndyCar Series) Carbon Neutral Motorsports Facility: Shell Oil Company, a long- standing partner of Penske, is working closely with Indianapolis Motor Speedway and INDYCAR teams to build a multi-pronged strategy that will integrate carbon neutral messaging throughout both the venue and the Series. Their multi-year goal is to achieve a negative carbon footprint for the legendary venue as well as the NTT INDYCAR Series. Force Indy: In December 2020, Penske Entertainment announced Force Indy, a new USF2000 team with the goal of hiring and developing Black men and women mechanics, engineers, drivers and other staff. NXG Racers: Penske Entertainment has partnered with a program to teach STEM learning to 11-15 year old inner-city youth, while also introducing safe go-kart driving. More than 2000 youth have been involved with the program which will expand to additional cities in 2022. Penske Transportation Solutions Freightliner Trucks BEV: Penske Transportation Solutions operates one of the largest truck fleets in the U.S. Freightliner, a Daimler brand, and PTS have engaged in strategic collaboration aimed at testing and piloting new electric vehicles and alternative fuel technology initiatives. Green Supply Chain and Green Lanes: Shell Oil Company and Penske Transportations Solutions are developing environmentally sustainable U.S. routes for PTS customers which employ battery electric vehicles (BEV) and other energy-saving technology. “This is not the first time that we’ve had Black ownership in cars or teams. But I think this is one of the first times we will be able to do something that’s sustainable because of the support and the interest from folks like Roger Penske and the Penske organization.” – Rod Reid, President and CEO of NXG Youth Motorsports and Force Indy team principal