Safe harbor statements This presentation is dated as of November 9, 2020 and speaks as of that
date. Forward-Looking StatementsThis presentation contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any
statements, with respect to the Company and the acquisition, relating to our expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and/or
integration strategies, plans and synergies, supply chain, growth opportunities, performance at our stores, and the potential effect of COVID-19. There are a number of known and unknown risks, uncertainties, and other factors that may cause
our actual results to differ materially from any future results expressed or implied by those forward-looking statements, including but not limited to integration of the acquisition, executing our strategic plan, the impact and duration of
COVID-19 and related governmental actions, as well as other risks, uncertainties and factors which are described in the Company’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as filed with the Securities and
Exchange Commission and available on our website. Any forward-looking statements contained in this presentation represent our current views as of the date of this presentation with respect to future events, and Casey’s disclaims any intention
or obligation to update or revise any forward-looking statements in the presentation whether as a result of new information, future events, or otherwise.Use of Non-GAAP MeasuresThis presentation contains references to “EBITDA” which we define
EBITDA as net income before net interest expense, income taxes, depreciation and amortization. EBITDA is not considered a GAAP measure, and should not be considered as a substitute for net income, cash flows from operating activities or other
income or cash flow statement data. These measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of results as reported under GAAP. We strongly encourage investors to review our
financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. We believe EBITDA is useful to investors in evaluating operating performance because securities analysts and other interested
parties use such calculations as a measure of financial performance and debt service capabilities, and they are regularly used by management for internal purposes including our capital budgeting process, evaluating acquisition targets, and
assessing performance. Because non-GAAP financial measures are not standardized, EBITDA, as defined by us, may not be comparable to similarly titled measures reported by other companies. It therefore may not be possible to compare our use of
these non-GAAP financial measures with those used by other companies. Reconciliations of EBITDA to GAAP net income for completed fiscal quarters and years for Casey’s can be found in our quarterly reports on Form 10-Q and annual reports on
Form 10-K as filed with the SEC, respectively.