Union Pacific Corporation · NYSE:UNP

Union Pacific — J.P. Morgan 2021 conference

4 slides from Union Pacific's conference presentation, Mar 16, 2021

  1. Slide 1: Cautionary Information

    Lance Fritz – Chairman, President and Chief Executive Officer March 16, 2021 Cautionary Information This presentation and related materials contain statements about the Company’s future that are not statements of historical fact, including specifically the statements regarding the Company’s expectat

  2. Slide 2: Leveraging Our Franchise; Network Update

    Leveraging Our Franchise Improving p g Economic I d ti l Industrial Outlook 26% – GDP – Industrial Production Premium – Consumer 49% Spending – Housing Starts v COVID Relief Package Automotive Distribution Centers Rising Fuel Prices Intermodal Terminals Manifest Terminals Ports Border Crossings, Gat

  3. Slide 3: First Quarter Volume & Outlook; Protecting the Environment

    First Quarter Volume & Outlook First Quarter Volume To Date* 7-Day Weekly Carloadings (000s) Premium 3% 180 Bulk (4%) 160 2019 140 2020 Industrial (14%) 2021 120 TOTAL (4%) 100 1Q 2Q 3Q 4Q 5 * Volume through March 11 Protecting the Environment Science-based target to reduce GHG emissions by 26% b by

  4. Slide 4: 2021 Outlook

    2021 Outlook • First Quarter Headwinds – Business Mix – Weather Impact • Revenue • Expense – Rising Fuel Prices • Improving Economic Outlook • Reiterate Full Year Guidance 7 QUESTIONS

Union Pacific — J.P. Morgan 2021 conference on 6ix