Investor Presentaiton

San Francisco - Dallas/Fort Worth Wyoming Proposed Preferred Route and Select Station Locations Sacramento Reno Salt Lake City- Nebraska San Francisco OD Stockton Cheyenne Nevada Merced Utah Fresno Hanford California Preferred Route Operating Statistics Scheduled run time Route length Restored service approx. 43 hours 1,911 miles • Phoenix, AZ Bakersfield Las Vegas Barstow New service • • Odessa, TX Midland, TX Abilene, TX Flagstaff Los Angeles Legend Baseline Network Long-Distance, Northeast Corridor, State-Supported, Baseline Projects Preferred Routes Preferred Route: San Francisco - Dallas/Fort Worth Preferred Routes Stations in Cities with Populations Over 50k • Existing Discontinued Ⓒ New U.S. Department of Transportation Federal Railroad Administration Sioux Falls Iowa Des Moines Further analysis after completion of this study would be necessary to advance the preferred routes through project planning and project development activities, including detailed schedule development. This analysis would include extensive coordination with host and operating railroads, funding agencies and other key stakeholders. UIT Tulsa Albuquerque Phoenix Oklahoma Oklahoma- City Little Rock Amarillo Yuma Arizona New Mexico Arkansa Tucson Dallas/ Fort Worth- Marshall Midland Ja El Paso Abilene Odessa Texas Louisiana Houston San Antonio Scheduled run time for northbound or eastbound service. 131

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