WMS

SEC source: 0000950170-24-019343 · ownership.xml · nonDerivative · entry 1

EVERSOLE ROBERT M · CIK 0001614400 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,743

F1 · kind: On February 21, 2024, the reporting person contributed 46,116 shares of common stock of Advanced Drainage Systems, Inc. to a revocable trust, of which the reporting person is trustee, for the benefit of the reporting person and the reporting person's spouse and children.

SEC source: 0000950170-24-017882 · ownership.xml · nonDerivative · entry 1

Haney Mark · CIK 0001582073 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,224

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.26 to $162.92, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

SEC source: 0000950170-24-016335 · ownership.xml · derivative · entry 6

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,469 shares

Expires 2029-05-21

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The options vested in three equal annual installments beginning on May 21, 2020.

SEC source: 0000950170-24-016335 · ownership.xml · derivative · entry 5

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,802 shares

Expires 2028-05-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The options vested in three equal annual installments beginning on May 23, 2019.

SEC source: 0000950170-24-016335 · ownership.xml · nonDerivative · entry 3

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,248

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.37 to $162.02, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

F1 · balance_after: Includes 101 shares of common stock acqued under the Advanced Drainage Systems, Inc.'s Employee Stock Purchase Plan, exempt under Rule 16b-3(c).

SEC source: 0000950170-24-016335 · ownership.xml · nonDerivative · entry 2

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,519

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes 101 shares of common stock acqued under the Advanced Drainage Systems, Inc.'s Employee Stock Purchase Plan, exempt under Rule 16b-3(c).

SEC source: 0000950170-24-016335 · ownership.xml · nonDerivative · entry 1

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,050

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes 101 shares of common stock acqued under the Advanced Drainage Systems, Inc.'s Employee Stock Purchase Plan, exempt under Rule 16b-3(c).

SEC source: 0000950170-24-015190 · ownership.xml · nonDerivative · entry 1

KLEIN ROBERT M · CIK 0001614367 · EVP, Sales

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,337

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.83 to $163.90, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

SEC source: 0000950170-23-071069 · ownership.xml · derivative · entry 4

KING BRIAN W. · CIK 0001824317 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,869

Underlying: Common Stock · 1,869 shares

Expires 2030-09-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The options vested in three equal annual installments beginning on September 7, 2021.

SEC source: 0000950170-23-071069 · ownership.xml · nonDerivative · entry 2

KING BRIAN W. · CIK 0001824317 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,508

SEC source: 0000950170-23-071069 · ownership.xml · nonDerivative · entry 1

KING BRIAN W. · CIK 0001824317 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,377

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950170-23-071068 · ownership.xml · nonDerivative · entry 1

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,325

SEC source: 0000950170-23-069036 · ownership.xml · derivative · entry 4

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,802

Underlying: Common Stock · 2,000 shares

Expires 2028-05-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The options vested in three equal annual installments beginning on May 23, 2019.

SEC source: 0000950170-23-069036 · ownership.xml · nonDerivative · entry 2

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,147

SEC source: 0000950170-23-069036 · ownership.xml · nonDerivative · entry 1

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,147

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950170-23-068561 · ownership.xml · nonDerivative · entry 3

COLEMAN MICHAEL B. · CIK 0001742480 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,882

SEC source: 0000950170-23-068561 · ownership.xml · nonDerivative · entry 2

COLEMAN MICHAEL B. · CIK 0001742480 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,899

SEC source: 0000950170-23-068561 · ownership.xml · nonDerivative · entry 1

COLEMAN MICHAEL B. · CIK 0001742480 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,942

SEC source: 0000950170-23-064529 · ownership.xml · derivative · entry 8

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 8,204 shares

Expires 2029-05-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_date: The options vested in three equal annual installments beginning on May 22, 2020.

SEC source: 0000950170-23-064529 · ownership.xml · derivative · entry 7

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,802 shares

Expires 2028-05-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The options vested in three equal annual installments beginning on May 23, 2019.

SEC source: 0000950170-23-064529 · ownership.xml · derivative · entry 6

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,788 shares

Expires 2026-03-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The options vested in three equal annual installments beginning on February 8, 2018.

SEC source: 0000950170-23-064529 · ownership.xml · nonDerivative · entry 4

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,798

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.54 to $121.16, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.

SEC source: 0000950170-23-064529 · ownership.xml · nonDerivative · entry 3

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,592

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.

SEC source: 0000950170-23-064529 · ownership.xml · nonDerivative · entry 2

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,388

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.

SEC source: 0000950170-23-064529 · ownership.xml · nonDerivative · entry 1

HUEBERT MICHAEL G. · CIK 0001823429 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,586

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects the exercise by the Reporting Person of stock options (right to buy) previously granted by the Issuer.

SEC source: 0000950170-23-062236 · ownership.xml · nonDerivative · entry 1

KLEIN ROBERT M · CIK 0001614367 · EVP, Sales

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 108,500

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.66 to $112.05, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

SEC source: 0000919574-23-005241 · ownership.xml · nonDerivative · entry 2

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 762,895

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005240 · ownership.xml · nonDerivative · entry 2

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 762,895

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-23-048197 · ownership.xml · nonDerivative · entry 2

BARBOUR D. SCOTT · CIK 0001716232 · Director · See Remarks

10b5-1 filing: No plan indicated

Ownership: Indirect · Reporting Person's Revocable Trust

Disclosed balance after: 99,907

F1 · kind: On September 13, 2023, the reporting person contributed 49,261 shares of common stock of Advanced Drainage Systems, Inc. ("ADS") to a revocable trust for the benefit of the reporting person.

F2 · ownership.nature: Shares held in revocable trust for the benefit of the reporting person.

SEC source: 0000950170-23-048197 · ownership.xml · nonDerivative · entry 1

BARBOUR D. SCOTT · CIK 0001716232 · Director · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,796

F1 · kind: On September 13, 2023, the reporting person contributed 49,261 shares of common stock of Advanced Drainage Systems, Inc. ("ADS") to a revocable trust for the benefit of the reporting person.

SEC source: 0000950170-23-048194 · ownership.xml · nonDerivative · entry 1

MAKOWSKI TIM A · CIK 0001672236 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,147

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.30 to $122.3626, inclusive. The reporting person undertakes to provide to Advanced Drainage Systems, Inc., any security holder of Advanced Drainage Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

SEC source: 0000919574-23-005241 · ownership.xml · nonDerivative · entry 1

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 772,895

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $121.9832 to $122.4894. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005240 · ownership.xml · nonDerivative · entry 1

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 772,895

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $121.9832 to $122.4894. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005142 · ownership.xml · nonDerivative · entry 3

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 842,895

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $126.071 to $126.9527. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005141 · ownership.xml · nonDerivative · entry 3

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 842,895

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $126.071 to $126.9527. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-23-047492 · ownership.xml · nonDerivative · entry 1

KING BRIAN W. · CIK 0001824317 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,508

F1 · shares: Represents shares withheld to satisfy Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.

SEC source: 0000919574-23-005142 · ownership.xml · nonDerivative · entry 2

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 914,369

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $126.3907 to $126.9972. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005141 · ownership.xml · nonDerivative · entry 2

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 914,369

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $126.3907 to $126.9972. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005142 · ownership.xml · nonDerivative · entry 1

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 964,369

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.06 to $128.5894. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005141 · ownership.xml · nonDerivative · entry 1

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 964,369

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.06 to $128.5894. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005109 · ownership.xml · nonDerivative · entry 5

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,014,369

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $131.015 to $131.0769. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005109 · ownership.xml · nonDerivative · entry 4

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,029,369

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $130.015 to $131.0149. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005108 · ownership.xml · nonDerivative · entry 5

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,014,369

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $131.015 to $131.0769. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005108 · ownership.xml · nonDerivative · entry 4

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,029,369

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $130.015 to $131.0149. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005109 · ownership.xml · nonDerivative · entry 3

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,139,369

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.6648 to $128.78. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005109 · ownership.xml · nonDerivative · entry 2

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,139,569

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $127.6648 to $128.6647. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005108 · ownership.xml · nonDerivative · entry 3

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,139,369

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.6648 to $128.78. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005108 · ownership.xml · nonDerivative · entry 2

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,139,569

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $127.6648 to $128.6647. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005109 · ownership.xml · nonDerivative · entry 1

JONES ROSS M · CIK 0001267629 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,214,369

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.0571 to $128.5538. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-23-005108 · ownership.xml · nonDerivative · entry 1

Seetharam Anil · CIK 0001676191 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,214,369

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $128.0571 to $128.5538. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F1 · ownership.nature: Represents shares by Stockbridge Fund, L.P. ("SF"). Stockbridge Associates LLC ("SA") is the general partner of SF. Stockbridge Partners LLC ("SP") is the investment adviser to SF. Berkshire Partners Holdings LLC ("BPH") is the general partner of BPSP, L.P. ("BPSP"), which is the managing member of SP.

F2 · ownership.nature: (continued from Footnote 1) The Reporting Person is a managing member of BPH, BPSP, SP, and SA. By virtue of the relationships described in the preceding sentences, the Reporting Person may be deemed to share beneficial ownership with respect to the shares of common stock held by SF. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.