Schneider National, Inc. announced that Adam P. Godfrey, Chairman of the Board, informed the Board of Directors ("Board") of his intention to step down as Chairman of the Board effective immediately and retire from the Board immediately following the expiration of his current term at the Company's 2023 Annual Meeting of Shareholders. Mr. Godfrey's decision was not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. the Board elected James L. Welch, a current Board member, to succeed Mr. Godfrey as Chairman of the Board effective immediately.

Also on January 30, 2023, the Board approved a reduction in the size of the Board from ten to nine directors, effective upon the close of business on the date of Mr. Godfrey's retirement.