Ancora’s Proposed Management Team and Director Candidates to Participate in Fireside Chat with Deutsche Bank on the Value Creation Opportunity at Norfolk Southern

Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its proposed CEO and director candidate Jim Barber, proposed COO Jamie Boychuk and director candidate Sameh Fahmy will be participating in a fireside chat with Deutsche Bank’s Transportation and Shipping markets analyst Amit Mehrotra on Monday, April 15 from 10:00 AM to 11:00 AM Eastern Standard Time.

To join in the upcoming virtual discussion, contact your Deutsche Bank representative or Mr. Mehrotra directly at [e-mail]. For information on how to vote for Ancora’s slate of seven highly qualified director candidates on the BLUE Proxy Card, visit www.MoveNSCForward.com.

***

Jim Barber, Jr. (Proposed CEO, Director Candidate)

Mr. Barber is a shipping and logistics industry veteran with experience in finance, strategic planning and risk management at one of the country’s largest railroad customers.

• Previously spent 35 years at United Parcel Service, Inc. (NYSE: UPS), most recently serving as COO and President from 2018 to 2020.
• Previously held leadership roles in UPS’ domestic and international business units as well as in supply chain solutions, including both Global Freight Forwarding and Coyote Logistics.
• Member of the boards of directors of C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW), where he serves on the Audit Committee, and U.S. Foods Holding Corp. (NYSE: USFD), where he serves on the Compensation and Human Capital Committee.
• Audit Committee Financial Expert, as defined by the U.S. Securities and Exchange Commission.

Jamie Boychuk (Proposed COO)

Mr. Boychuk is a lifelong railroader with the safety record and scheduled railroading acumen needed to help turn around Norfolk Southern.

• Previously served as Executive Vice President of Operations at CSX Corporation (Nasdaq: CSX), where he led a variety of operational initiatives during a period in which the railroad improved performance across all operating metrics and unlocked significant value for shareholders.
• Mr. Boychuk, who worked directly with industry legend Hunter Harrison, also helped CSX amass a strong safety record and reduce burdens on rail workers.
• Upon his departure from CSX in 2023, the company publicly thanked Mr. Boychuk for “his role in the implementation of scheduled railroading.”
• Previously, Mr. Boychuk spent nearly two decades at Canadian National Railway (NYSE: CN), where he held operations roles of increasing responsibility and seniority.

Sameh Fahmy (Director Candidate)