Canadian National Railway Company (CNR:CA) Bernstein 42nd Annual Strategic Decisions Conference May 27, 2026 8:00 AM EDT

Company Participants

Tracy Robinson – President, CEO & Director

Conference Call Participants

David Vernon – Bernstein Institutional Services LLC, Research Division

Presentation

David Vernon
Bernstein Institutional Services LLC, Research Division

Good morning, everyone. Thank you for joining us, and welcome to Bernstein’s Strategic Decisions Conference. We’re grateful for your support, and thank you for coming out to join us. Thank you also to Canadian National Railway, Tracy Robinson, CEO; Jamie Lockwood; Francois Belanger and Yannick Landry.

Tracy Robinson
President, CEO & Director

Doing very well, David.

David Vernon
Bernstein Institutional Services LLC, Research Division

Close. It is still early. So [indiscernible] also join us here in the audience, we’ll be taking meetings. So before we get started, just a couple of things. You do have access to Pigeonhole. So if you want to put questions up for the Q&A, I’ll try to work them in as best I can. We do want to make this as a productive session as possible. So please don’t be shy about proffering up ideas to keep the conversation going. Tracy is going to start us off with a couple of prepared remarks, and then we’ll get into the Q&A. So I will hand it off the mic to you.

Tracy Robinson
President, CEO & Director

Thank you, David, and thank you for hosting this morning. It’s always great to be in New York and good to see you and great to catch up on all the railroad topics of the day. I wanted to start today by just summarizing from 3 perspectives, why we believe so strongly in the long-term value proposition for CN. And I’ll cover just briefly why we’re so excited about the long-term growth opportunities that we have ahead

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