Ms. Tracy Robinson reports

CN TO INVEST $50 MILLION IN LOUISIANA TO BUILD CAPACITY AND POWER SUSTAINABLE GROWTH

Canadian National Railway Company plans to invest approximately $50-million (U.S.) in Louisiana, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes projects to build capacity in the New Orleans area and upgrades to improve operations at CN's Geismar railyard. These projects will help ensure the safe movement of goods and support long-term sustainable growth in Louisiana and across CN's network.

"We believe that investing in our network is about building for the future. Our continued infrastructure investment in Louisiana will help strengthen the resiliency and efficiency of our network across the state. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across communities where we operate," said Tracy Robinson, president and chief executive officer of CN.

"I applaud CN for their investment in the state of Louisiana. The implementation of strategic infrastructure initiatives, projects to increase operational capacity and planned system wide upgrades will continue to show CN's commitment to safely move freight through the cities and parishes of Louisiana. This investment also shows CN's commitment and partnership toward ensuring our vision of economic growth and prosperity is realized for citizens of Louisiana," said Jeff Landry, Governor of Louisiana.

In 2024, CN invested approximately $52-million (U.S.) in Louisiana for track maintenance and key infrastructure initiatives. A highlight from this investment includes over $18-million for bridge upgrades in New Orleans.

Louisiana in numbers:

• Capital investments: more than $52-million (U.S.) in 2024;
• Employees: approximately 330;
• Railway route miles operated: 227;
• Community investments: $72,000 (U.S.) in 2024;
• Local spending: $25-million (U.S.) in 2024;
• Cash taxes paid: $9.2-million (U.S.) in 2024.

About Canadian National Railway Company

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's eastern and western coasts with the U.S. Midwest and the U.S. Gulf coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

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