Investor Presentaiton

Phoenix - Minneapolis/St. Paul Oregon Proposed Preferred Route and Select Station Locations Boise Idaho North Dakota Fargo Minnesota Minneapolis/ St. Paul- South Dakota Pierre Wisconsin Michigan Wyoming Sioux Falls Milwaukee Detroit Preferred Route Operating Statistics Sioux City Iowa Scheduled run time approx. 48 hours Chicago Sacran Nebraska Route length 2,186 miles Omaha Des Moines Ohio Indiana Cheyenne San Francisco • Phoenix, AZ Indianapolis Columb Restored service . Amarillo, TX Wichita, KS -Denver Kansas City Illinois Sioux City, IA Colorado Kansas New service Lawrence Topeka o St Louis Sioux Falls, SD Cincinnati Ashland L Louisville Newton Bakersfield Barstow Las Vegas Trinidad Mi Flagstaff 8 Wichita Tulsa Los Angeles Albuquerque Oklahoma Phoenix Oklahoma City Little Roc Amarillo Yuma Arizona New Mexico Legend Baseline Network Long-Distance, Northeast Corridor, State-Supported, Baseline Projects Preferred Routes Preferred Route: Phoenix-Minneapolis/St. Paul Preferred Routes Stations in Cities with Populations Over 50k • Existing Discontinued Ⓒ New Tucson Ar Dallas/ Fort Worth Marshall h ga 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 ta railroads, funding agencies and other key stakeholders. El Paso Ge Montgomery Mobile Alabama Texas Tallahassee Pensacola Louisiana Houston New Orleans San Antonio Jacksuit U.S. Department of Transportation Federal Railroad Administration Scheduled run time for northbound or eastbound service. 122

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