On May 3, 2024, Ancora Holdings Group announced that it has issued a letter from James Barber, Jr., who is 1 of the 7 candidates the firm is seeking to elect to Norfolk Southern Corporation?s 13-member Board of Directors at the Annual Meeting of Shareholders on May 9, 2024. James Barber stated that: he took time assessing the Company?s challenges and opportunities from the perspective of each of the Company?s key constituents: shareholders, customers, employees, regulators and the communities that trains run through each day. After thinking everything through and reflecting on the transferability of his experiences, he knew he could help move this great brand in the right direction ?

whether that be as a director, CEO or both. In terms of what Ancora?s slate wants to deliver, it starts with a culture of accountability, integrity, safety, sustainability and teamwork ? all of which underpin highly-efficient and service-oriented logistics companies.

These priorities are core to its three-year strategy for initiating a network redesign and implementing true Precision Scheduled Railroading (?PSR?). This strategy, which is distinct from the Company?s resilience model, involves laying a foundation that positions proven operators to deliver quantifiable improvements in three primary areas: Service, Safety, Shareholder Value.