Union Pacific Corporation · NYSE:UNP

Union Pacific — Deutsche Bank 2022 Transportation Conference

5 slides from Union Pacific's conference presentation, Aug 16, 2022

  1. Slide 1: Deutsche Bank 2022 Transportation Conference

    DEUTSCHE BANK 2022 TRANSPORTATION CONFERENCE Jennifer Hamann – Executive Vice President and Chief Financial Officer Eric Gehringer – Executive Vice President – Operations August 16, 2022 Cautionary Information This presentation and related materials contain statements about the Company’s future that

  2. Slide 2: Second Quarter 2022 Results; Third Quarter Volume To Date

    Second Quarter 2022 Results Earnings Per Share Operating Ratio $2.93 $2.72 60.2% 8% vs 2021 5.1 pts vs 2021 55.1% 2Q 2021 2Q 2022 2Q 2021 2Q 2022 Key Themes Positive Price and Mix Restoring Network Fluidity Record High Fuel Prices 3 Third Quarter Volume To Date Third Quarter Volume To Date* 7-Day We

  3. Slide 3: Focus on Improving Service, Hiring Crews and Increasing Efficiency

    Focus on Improving Service, Hiring Crews and Increasing Efficiency Operating Inventory, Volume, and Freight Car Velocity* 2022 Transportation Employee 201,334 Hiring Progress** Freight Car Operating Car Inventory 195,012 597 Velocity 525 196 163,546 154,417 189 157,863 7-Day Father’s Volumes Day Ind

  4. Slide 4: Commitment to Improving Reliability and Reducing Emissions; 2022 Guidance

    On-going Commitment to Improving Reliability and Reducing Emissions Union Pacific and Wabtec Agree to New Locomotive Modernization Deal • Wabtec will modernize 600 locomotives – Agreement for more than $1 Billion • Deliveries of modernized locomotives will start in 2023 until completion in 2025 • On

  5. Slide 5: Growing to Deliver Increased Shareholder Value

    Growing to Deliver Increased Shareholder Value Operating Ratio • Expanding Customer (Percent) Portfolio 62.8% 62.7% 60.6% $9.0 $8.7 58.5% 57.2% • Balance Sheet Supports $8.6 $8.5 Strong Investment Grade Credit Rating – Moody’s Upgrade to A3 Cash $7.2 from Ops ($ Billions) • Industry Leading Dividend

Union Pacific — Deutsche Bank 2022 Transportation Conference on 6ix