Investor Presentaiton

G&W GENESEE & WYOMING | 2021 ESG REPORT WYOMING PROTECTING OUR ENVIRONMENT Freight 2030 G&W has partnered with Westinghouse Air Brake Technologies Corporation (Wabtec) and Carnegie Mellon University, one of the world's leading technology and science institutions, in our pursuit to develop a more sustainable rail network. This partnership - Freight 2030 aims to develop zero-emission locomotives and increase freight utilization and safety across North America. _ This unique venture also brings to life a novel effort to create the Freight Rail Innovation Institute to assist with the development of these technological advancements. Each of the partners brings unique skills to help create and operationalize technologies for battery-electric and hydrogen-powered locomotives. Our Buffalo & Pittsburgh Railroad (B&P), which encompasses over 200 miles of testing track with varied terrain as well as access to a locomotive shop, is uniquely situated to support Freight 2030. Having previously deployed a 'green' Genset locomotive, the B&P was particularly excited to be part of additional environmental advancements. B&P is working with the partners to identify grades, curvatures, tunnels, and dimensions for consideration in the development of the new technologies and expects to be piloting zero- emissions battery engines and advancing hydrogen-powered trains over the next three years. When ready, G&W plans to deploy these revolutionary technologies in revenue service. &P g Green nks to: Pensylvants SmartWa B&P Genset Green Locomotive ❝"While already the most environmentally friendly mode of surface transportation, freight railroads have a critical role to play in our nation's decarbonization strategy. Through the Freight 2030 partnership, we plan to transform the next generation of freight rail transportation by adopting advanced technologies that can eliminate emissions and increase rail utilization without requiring significant new rail infrastructure. The end result will be a cleaner environment, more competitive transportation for our nation's industrial producers, and a freight rail system that remains the most efficient in the world." Jack Hellmann, CEO 1401 Green Locomotive 9

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