Investor Presentaiton

Portland Oregon Kennewick Helena Montana North Dakota El Paso - Billings Minnesota Proposed Preferred Route and Select Station Locations Fargo Boise Idaho Minneapolis! St. Paul- Wisconsin South Dakota Michigan Preferred Route Operating Statistics Pierre Scheduled run time approx. 31 hours Wyoming Casper Sioux Falls Route length 1,393 miles Milwaukee . Cheyenne, WY Iowa Chicago Restored service • Billings, MT ke City- Nebraska Omaha- Des Moines Indiana Las Cruces, NM Cheyenne Fort Collins Pueblo, CO Indianapolis New service • Colorado Springs, CO Utah -Denver Fort Collins, CO Kansas City Illinois Casper, WY Bakersfield Colorado Colorado Springs Pueblo Kansas Newton Los Angeles Las Vegas Barstow Flagstaff Albuquerque TrinidadO Legend Baseline Network Long-Distance, Northeast Corridor, State-Supported, Baseline Projects Preferred Routes Preferred Route: El Paso - Billings Preferred Routes Stations in Cities with Populations Over 50k • Existing ⚫ Discontinued ▸ New Tulsa Phoenix Oklahoma Oklahoma City Amarillo Yuma Arizona New Mexico Tucson Las Cruces Arkansas Dallas/ Fort Worth- Marshall El Paso 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. S C Birmingham Meridian Jackson- Montgo Mobile Alabama Texas U.S. Department of Transportation Federal Railroad Administration Louisiana Pensacola Scheduled run time for northbound or eastbound service. 137

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