Powering global

connections
CORPORATE OVERVIEW

Updated Oct. 2023

Our mission
FedEx Corporation will produce superior financial
returns for its shareowners by providing high-value-
added logistics, transportation, and related business
services through focused operating companies.
Customer requirements will be met in the highest
quality manner appropriate to each market segment
served. FedEx will strive to develop mutually
rewarding relationships with its team members,
partners, and suppliers. Safety will be the first
consideration in all operations. Corporate activities
will be conducted to the highest ethical and
professional standards.

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Strength in numbers

711 >220 >500M ~520K ~5K ~14.5M >210K

Aircraft Countries and Daily tracking Employees Operating facilities Shipments per business Motorized vehicles
territories served requests day
(avg. daily vol.)

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We connect people and possibilities around the
world.

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1973 1977 1981
FedEx opensSuperHub in
1989 1994
FedEx begins FedEx successfully lobbiesfor FedEx acquires FedEx launches fedex.com andoffers first
operations unrestrictedroutes Memphis FlyingTigers package-statustracking

1998 2004 2013 2014 2016

FedEx acquires Caliber System, FedEx acquires Kinko’s and FedEx launches FedEx FedEx acquires Bongo FedEx acquiresTNT Express
Inc. Parcel Direct DeliveryManager® International and GENCO

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 One vision
One team

• Brings the opcos together as one FedEx

• Improves how we deliver for our customers
• Enables faster decision making
• Removes redundancies and multi-opco
inefficiencies
• Increases consistency in customer
experiences
Our leadership
Raj Subramaniam John W. Dietrich Jill Brannon Sriram Krishnasamy
President and EVP, CFO EVP, Chief Sales Officer EVP, Chief Transformation
CEO FedEx Corporation FedEx Corporation Officer
FedEx Corporation FedEx Corporation
and CEO FedEx Dataworks

Rebecca Yeung
Robert B. Carter Mark R. Allen Tracy Brightman
CVP, Operations
EVP, CIO EVP, General Counsel EVP, Chief People
Science and Advanced
FedEx Corporation and Secretary Officer
Technology
Co-President and Co- FedEx Corporation FedEx Corporation
FedEx Corporation
CEO
FedEx Services

Brie Carere Lance Moll Richard W. Smith Scott Ray

EVP, Chief Customer President and CEO President and CEO President
Officer FedEx Freight FedEx Express Airline FedEx Ground
FedEx Corporation and International
Co-President and Co-
CEO
FedEx Services

John A. Smith Brian Philips Patrick Moebel

President and CEO President and CEO President and CEO
FedEx Express FedEx Office FedEx Logistics
US and Canada Ground
Operations

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Board of directors
Frederick W. Smith Raj Subramaniam Joshua Cooper Ramo Susan C. Schwab
Founder and Executive President and Chief Executive Chairman and Chief Executive Professor Emerita
Chairman of the Board Officer Officer University of Maryland
FedEx Corporation FedEx Corporation Sornay, LLC School of Public Policy

Stephen E. Gorman Fred Perpall Paul S. Walsh

Former Chief Executive Chief Executive Officer Executive Chairman
Officer The Beck Group McLaren Group Limited
Air Methods Corporation

Marvin R. Ellison Susan Patricia Griffith

Nancy A. Norton Chairman, President and President and Chief Executive
Retired Vice Admiral Chief Executive Officer Officer
U.S. Navy Lowe’s Companies, Inc. The Progressive Corporation

Amy Lane R. Brad Martin

David P. Steiner Former Managing Chairman
Former Chief Executive Director and Group Leader, RBM Ventures
Officer Global Retailing Investment
Waste Management, Inc. Banking Group
Merrill Lynch & Co., Inc.

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Our portfolio of services

The largest express Cost-effective Priority and economy

transportation company business and residential less-than-truckload (LTL)
in the world. package shipping. freight shipping.

Marketing, sales, IT, Global transportation, supply Print and copy services, shipping Data-driven solutions that optimize
and customer service chain, trade/customs, and pickup and delivery, and same-day operations, digitize supply chains, and
solutions for customers. e-commerce solutions. courier service. enable FedEx to move up the
e-commerce value chain.

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FedEx Express
Global Network
Our 13 hubs connect 220+ countries and
territories and more than 99% of the world’s
GDP. Air Routes (includes FedEx Express & interline routes)
Major Hub Locations

Routes into and out of Russia, Ukraine, and Belarus are suspended.
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 FedEx Express
connects the world with time-definite air-ground
services. The world’s largest cargo airline and
express transportation company covers every U.S.
street address and services more than 220
countries and territories. Our global network
provides time-sensitive, air-ground express service
through more than 650 airports worldwide.

>650 >235K
Employees
711
Aircraft*
Airports

>84K >5.3M >20M

Motorized vehicles Packages moved Pounds of freight
(Avg. daily vol.**) moved
(Avg. daily vol.**)

*Gross available aircraft includes parked

**Avg. Daily Vol. information for first quarter fiscal 2024
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FedEx Ground
offers fast, economical delivery
in the U.S. and Canada and is faster to
more locations than UPS Ground in the U.S.

>700 >190K
Facilities Employees

>100K >9M
Motorized vehicles Packages moved
(Avg. daily vol.*)

*Avg. Daily Vol. information for first quarter fiscal 2024

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 FedEx Freight
simplifies LTL shipping in the U.S., Canada, Mexico,
Puerto Rico, and U.S. Virgin Islands.

~370 >40K
Facilities Employees

~30K ~95K
Motorized vehicles Shipments
(Avg. daily vol.*)

*Avg. Daily Vol. information for first quarter fiscal 2024 13

FedEx Services
team members coordinate sales, marketing,
communications, information technology, and
customer service support for the FedEx global
brand.

>14K
Employees

Innovative solutions
• FedEx Delivery Manager®
• SenseAware®, a
FedEx innovation
• Picture Proof of Delivery

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FedEx Logistics
connects supply chains globally through a logistics
solutions organization.

• Air and Ocean Cargo Networks

• Customs Brokerage and Trade Solutions
• Supply Chain Services

34 ~ 21K 6.3M
Countries and Employees Customs brokerage transactions
territories served annually in North America*

*For FY 2023 15
FedEx Office
makes shipping and printing convenient.

>2K >12K
Locations Employees

Services provided
• Pack and ship
• Copy and print
• Large-format printing
• Signs and graphics

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FedEx Dataworks
applies the powerful data insights generated by
the FedEx network to build digital solutions that
optimize operations, digitize supply chains, and
move up the ecommerce value chain.

>400
Employees

Innovative solutions
• FedEx® Sustainability Insights
• FedEx Surround
• ShopRunner by FedEx

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FedEx and e-commerce
E-commerce is a fundamental part of retailing today and has
profoundly changed how consumers make purchases. We
continue to explore innovative alternatives to help
customers deliver.

Our services go beyond shipping

• Seamless online shopping experience with ShopRunner
• Website and marketplace integration
• Flexible delivery options including weekends
• Picture Proof of Delivery (PPOD)
• Nationwide network of retail locations
• FedEx Extra Hours at eligible retailers
• Customized, reliable packaging
• Simplified returns
• E-commerce education and marketing tools
• Access to international markets
• E-commerce fulfillment
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Our retail footprint
We offer a range of options, from full-
service printing, pack and ship, and hold
services at FedEx Office locations, to quick
drop-off points.

Our 50,000+ locations for U.S.

consumers include
• FedEx drop-off and pickup available in
thousands of locations including Walgreens,
Dollar General, and Albertsons
• FedEx ShipSite at Office Depot / OfficeMax
locations
• FedEx Ship Center® and FedEx Authorized
ShipCenter® locations
• Thousands of FedEx® Drop Box locations

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The next wave of technology
& innovation
• Robotics
• Blockchain
• Drones
• Automation
• Multi-year collaboration with
Microsoft

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Priority Earth Sustainability | Key steps to our goal of global
carbon neutral operations by 2040:
“We have a responsibility to take bold action in addressing climate
challenges. This goal builds on our longstanding commitment to
sustainability throughout our operations, while at the same time investing Vehicle Electrification Sustainable Fuels
in long-term, transformational solutions for FedEx and our entire industry.”
Founder and Executive Chairman Frederick W. Smith

Fuel Conservation and Natural Carbon

Aircraft Modernization Sequestration

Efficient Facilities Sustainable Customer

Solutions

Learn more at fedex.com/sustainability 21

FedEx Cares – Our
commitment to make the
world a better place
• At FedEx, we believe that we have a responsibility
to deliver more than packages – we also deliver
good in the world. FedEx Cares is how we carry out
our responsibility to the communities where we
live and operate. We do this through cash
contributions, in-kind shipping, and team member
volunteerism.

• Strategic Areas of Focus

– Global entrepreneurship

– Sustainable logistics

– Delivering for good

– Diversity, Equity, and Inclusion

Learn more at fedexcares.com

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 Diversity, Equity, and Inclusion
"At FedEx, our workforce is as diverse as the world we serve, and we believe diversity translates to
strength. Embracing diversity, equity, and inclusion is not just the right thing to do; we also have proven
that it fosters innovation and makes us a more competitive company. We actively foster a culture of
acceptance and celebrate the unique contributions of individuals. We care about every employee,
every customer, and community member and believe everyone should have access to opportunity.

These values are core to who we are and how we operate."

-President and CEO Raj Subramaniam

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FedEx is consistently named
among the world’s most
valuable and admired brands.
2023 Ethisphere 2023 Axios Harris Poll 100 2023 Women’s Choice
One of the “World’s Most Best Reputation “The 100 Most Awards “Best Companies to
Ethical Companies” Visible Companies in US Work For”

2023 FORTUNE 2023 FORTUNE 2023 Forbes

No. 18 “World’s Most One of the “Blue Ribbon "Global 2000" World’s Largest
Admired Companies” Companies” 4-Annually Companies

2023 LinkedIn 2023 Kantar Brandz 2022 Forbes

One of the “Top Companies” to One of the “Most Valuable One of the “World’s Best Large
Grow Your Career in US Global Brands” Employers”

2023 Forbes 2023 FreightWaves 2022 FORTUNE

One of “Americas Best Large #1 Among the “Top 500 For-Hire One of the “World’s 25 Best
Employers” Carriers” Workplaces”

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Our PSP culture values reflect who we are and
empower us to deliver great results. With one
FedEx culture, we:
• Take care of each other
• Commit to do good
• Own outstanding
• Drive business results
• Create what’s next

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Our culture informs
How we think and behave
People-Service-Profit (PSP)
is the way we run our business.

How we work
Quality Driven Management (QDM) helps us do our
best work and empowers continuous improvement.
Learn more at fedex.com/QDM.

What we deliver
The Purple Promise, “I will make every FedEx
experience outstanding,”
brings PSP to life.

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 FedEx. Where now meets next.

Certain statements herein may be considered forward-looking statements. Such statements are subject to risks, uncertainties, and other factors discussed in FedEx Corp.'s and its subsidiaries' press releases and 27
FedEx Corp.'s filings with the Securities and Exchange Commission.