On May 6, 2024, Norfolk Southern Corporation shared statements from the U.S. Department of Transportation (DOT) and the Surface Transportation Board (STB) expressing support for the Company?s leadership and strategy in driving improvements across safety, performance, and service. The Company stated that key regulators express support for the Company?s leadership and strategy, and concerns with Ancora?s plan. The Company also stated that U.S. Department of Transportation and Surface Transportation Board recognize the importance of the Company?s safety-driven and service-oriented culture.

Further the Company warned the shareholders that Ancora?s plan would put safety and service at substantial risk. In addition, the Company urged the shareholders to protect their investment from Ancora?s outdated, destructive agenda by voting on the Company?s proxy card for only the Company?s 13 nominees.