Greenbrier Companies Inc.

Repurchase of 10,000 shares for $470,000 in Q4 and 517,000 shares for $22 million in fiscal 2025.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

$78 million remaining under current share repurchase program.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Board approves quarterly dividend of $0.32 per share, payable on December 3, 2025 to shareholders of record as of November 12, 2025, representing Greenbrier s 46 th consecutive quarterly dividend.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

) Page 3 Business Update & Outlook Greenbrier is providing the following guidance for fiscal 2026: Guidance Operating Metrics Deliveries (1) 17,500 20,500 units Revenue $2.7B - $3.2B Aggregate Gross Margin % 16.0% - 16.5% Operating Margin % (2) 9.0% - 9.5% EPS $3.75 - $4.75 Capital Expenditures Manufacturing $80M Leasing & Fleet Management 240M Gross Capital Expenditures $320M Equipment Sales Proceeds 115M Net Capital Expenditures $205M (1) Includes approximately 1,500 units of deliveries associated with Brazil.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

corporate revolver borrowing base includes Equipment on operating lease assets that do not currently secure the Leasing non-recourse term loan (3) Total Leasing non-recourse debt / Equipment on operating lease (4) Fleet assets are leveraged at fair market value based on independent appraisals while they are shown at net book value on Greenbrier s Consolidated Balance Sheet - More - Greenbrier Reports Fourth Quarter and 2025 Fiscal Results (Cont.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Total invested capital is defined as Debt, net, plus Total equity, less cash in excess of $40 million.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Fiscal 2025 was a record year for Greenbrier, demonstrating the continued success of our strategy to deliver consistent, high-quality performance, said Lorie L.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

We will continue to focus on operational efficiencies and execution to deliver higher through-cycle profitability and long-term shareholder value across market conditions.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

As of August 31, 2025, Greenbrier successfully surpassed two of its three financial targets, with the third target on track, reflecting sustained growth and strategic execution.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Investing in leasing assets provides a recurring stream of revenue and tax-advantaged cash flows, however in the short-term it reduces Greenbrier s Manufacturing revenue and margin as a result of deferring revenue recognition.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Greenbrier uses words, and variations of words, such as affect, approximately, are, backlog, believe, continue, drive, estimate, grow, long-term, may, ongoing, progress, recurring, result, schedule, strategy, strong, target, and similar expressions to identify forward-looking statements.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

These forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Factors that might cause such a difference include, but are not limited to, the following: an economic downturn and economic uncertainty; changes to tariffs or import duties, including retaliatory tariffs; changes in macroeconomic policies; inflation (including rising energy prices, interest rates, wages and other escalators) and policy reactions thereto (including actions by central banks); disruptions in the supply of materials and components used in the production of our products; labor disputes; loss of market share to other modes of freight shipment; geopolitical unrest including the war in Ukraine and conflict in the Middle East.

SEC original ↗Greenbrier Companies Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Legal Proceedings 46 Item 1A.

SEC original ↗Greenbrier Companies Inc. — 10-Q Quarterly report10-QJul 1, 2026

Forward-looking statements are based on our current expectations and beliefs and on currently available operating, financial and market information and are subject to various risks and uncertainties, many of which, by their nature, are inherently uncertain and beyond our control.

SEC original ↗Greenbrier Companies Inc. — 10-Q Quarterly report10-QJul 1, 2026

There are a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from the forward-looking statements contained in this report.

SEC original ↗Greenbrier Companies Inc. — 10-Q Quarterly report10-QJul 1, 2026

Such risks, uncertainties and important factors include but are not limited to those described in more detail in Part I Item 1A Risk Factors in our most recent Annual Report on Form 10-K which are incorporated herein by reference.

SEC original ↗Greenbrier Companies Inc. — 10-Q Quarterly report10-QJul 1, 2026