CN Announces Appointment of New Chair of the Board of Directors and Election of Directors

MONTREAL, May 20, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced that the new Chair of the Board of Directors and the director nominees proposed in the Management Proxy Circular of April 5, 2022 were elected directors of CN. The detailed results of the vote are shown below.

Shauneen Bruder was unanimously elected Chair of the Board by the directors. M^me Bruder, was, until her retirement on October 31, 2019, Senior Vice President, Operations of Royal Bank of Canada (RBC) where she was responsible for activities associated with all personal and commercial services in Canada . She has served on CN’s Board since 2017.

“I am honored to become Chair of CN’s Board of Directors. I would like to thank Robert Pace for his leadership over many years and wish him a very happy retirement. I am also pleased to welcome David Freeman, Robert Knight, and Susan C. Jones to the Board. These individuals have a wealth of transportation, operational and management expertise that will be an asset as CN continues its efforts to become the undisputed leader of North America’s railroads. The newly elected Board and I look forward to working with our new President and CEO, Tracy Robinson.

I also want to reiterate our commitment to recruiting a French-speaking and Quebec director. We intend to appoint the new administrator in the coming months. To help us, we called on a Montreal recruitment agency. CN takes this process very seriously, which will be rigorous, of the highest integrity and consistent with our principles of exemplary governance. »
– Shauneen Bruder, Chair of CN’s Board of Directors

Election of directors

By secret ballot, the following 11 management nominees were elected directors of CN in the election of directors held during CN’s annual meeting of shareholders (“Meeting”) held held online via webcast on May 20, 2022.

Biographical sketches of all directors can be found at https://www.cn.ca/en/investors/regulatory-deposits/

Final voting results on all matters to be voted on at the annual meeting of shareholders held on May 20, 2022 will be filed with securities regulators in Canada and the United States.

Meeting Matters
Any questions relating to the Meeting that could not be answered during the Meeting due to time constraints will be posted online along with the answers at www.cn.ca/en/investors . It will be possible to consult them for one week after the meeting.

About CN

CN is a global transportation leader and a major trading partner. Vital to the economy, to the customers and to the communities it serves, CN safely moves more than 300 million tonnes of natural resources, manufactured goods and finished goods across North America every year. As the only railroad to link the east and west coasts of Canada to the southern United States with an 18,600-mile rail network, CN and its subsidiaries have been helping communities prosper and trade sustainably since 1919. CN CN maintains its commitment to social responsibility and environmental programs.

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