On March 20, 2024, Norfolk Southern Corporation filed its definitive proxy statement and notice of annual meeting of shareholders relating to proxies being solicited by the Company?s Board of Directors with respect to the Company?s 2024 annual meeting of shareholders to be held virtually on May 9, 2024. The Company also added that it has received a supplement to the Amended and Restated Notice of Nomination of Candidates for election to the Board. The Company stated that the Supplemental Notice states that Nelda J. Connors will no longer be a nominee for election to the Board.

As a result, there are 7 candidates nominated by Ancora Catalyst Institutional, LP and EdgePoint Investment Group, Inc. rather than 8. The Company stated that as stated in the Proxy Statement, the Board does not endorse Ancora Catalyst Institutional and EdgePoint Investment Nominees, and unanimously recommends that shareholders vote for only for the 13 nominees proposed by the Board.