TEN (Transportation Equipment Network) Names Peter Lynch as Chief Financial Officer

DUBLIN, Ohio—October 16, 2025— TEN (Transportation Equipment Network), a leading trailer leasing company owned by I Squared Capital, a leading global infrastructure investor, today announced that Peter Lynch has been appointed Chief Financial Officer, effective immediately.

Mr. Lynch brings more than 20 years of progressive finance leadership experience with top industrial organizations, including PLASKOLITE, Honeywell, Kärcher, and Gates Corporation. Most recently, he served as Chief Financial Officer at PLASKOLITE, where he played a key role in driving growth and operational efficiency.

Throughout his career, Peter Lynch has earned a reputation for disciplined leadership and strategic vision, consistently delivering results in growth initiatives, business turnarounds, and cultural transformation. His expertise spans finance and administration leadership, strategy and business planning, pricing, metric-driven performance reporting, and process excellence.

As Chief Financial Officer, Lynch will oversee all aspects of TEN’s finance and accounting functions, ensuring the company’s financial health and integrity. His responsibilities include day-to-day leadership of financial operations and ensuring accurate, timely reporting to the Board of Directors, lenders, and internal stakeholders. He will align financial strategies with the company’s strategic and operational objectives, with a focus on ROI and capital efficiency.

Nathan Smith, Interim CEO, TEN, said: “Peter is a highly respected financial leader with an impressive record of aligning strategy with execution to deliver results. His deep expertise and steady leadership will help TEN continue to build momentum, strengthen financial performance, and create long-term value for our customers, partners, and stakeholders.”

About TEN (Transportation Equipment Network)

Headquartered in Dublin, OH, TEN (Transportation Equipment Network) is the largest full-service trailer lessor in North America. With approximately 86,000 trailers, 1,000 employees, 249 service shop bays, 130 mobile service trucks, 300 mechanics, 100 road technicians, and nearly 50 locations across the United States and Canada, TEN is equipped to seamlessly serve customers across North America. TEN provides full-service leasing as well as maintenance, advanced technological solutions, consultation services,

and other innovative offerings across numerous industry verticals. To learn more, visit https://tenleasing.com.

About I Squared Capital

I Squared Capital is a leading global infrastructure investor managing $45 billion in assets. We build and scale essential infrastructure businesses that deliver critical services to millions of people worldwide. Our portfolio includes over 90 companies operating in more than 70 countries and spanning sectors such as energy, utilities, digital infrastructure, transport, environmental and social infrastructure. Headquartered in Miami, our team of over 300 professionals is based across offices in Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney and Taipei. Learn more at www.isquaredcapital.com.