Union Pacific Corporation · NYSE:UNP

Union Pacific — Stifel 2020 Transportation & Logistics Conference

4 slides from Union Pacific's conference presentation, Feb 11, 2020

  1. Slide 1: Union Pacific – Stifel 2020 Transportation & Logistics Conference

    UNION PACIFIC STIFEL 2020 TRANSPORTATION & LOGISTICS CONFERENCE Jennifer Hamann – EVP & Chief Financial Officer 1 February 11, 2020 Cautionary Information This presentation and related materials contain statements about the Company’s future that are not statements of historical fact, including speci

  2. Slide 2: 2019 Financial Results and Shareholder Returns

    2019 Financial Results Earnings Per Share Operating Ratio $8.38 $7.91 +6% 62.7 60.6 All-Time Annual Record 2018 2019 2018 2019 3 Shareholder Returns 2019 Results Dividends Share Repurchases ($ in millions) ($ in millions) • Cash from Operations flat $2,598 $8 $8,225 225 ASR $5,804 year-over-year at

  3. Slide 3: Growth Opportunities in 2020 and A Look Ahead to 2020

    Growth Opportunities in 2020 Bulk Industrial Premium Biofuels Plastics ? Domestic Intermodal Food and Beverage Construction ? Trade and Economy ? Grain Petroleum Products 5 A Look Ahead to 2020 • Volumes Improving – Slightly Positive Overall – Pricing Gains in Excess of Inflation Dollars – Force Lev

  4. Slide 4: Union Pacific

    UNION PACIFIC 7

Union Pacific — Stifel 2020 Transportation & Logistics Conference on 6ix