CN’s Sustainability Leadership Recognized through Key ESG Rankings - Seite 2

Measurement of resilience to long-term, industry material ESG risks on a relative ranking from AAA being the best to CCC being the worst. Corporate Knights Best 50 2023 Rank 7 / B+ Earned a spot for the 15th time in a row as one of the Best 50 Corporate Citizens in Canada by Corporate Knights.

Note: ESG ratings are as of February 12, 2024

To learn more about how CN is working towards a more sustainable future, please visit https://www.delivering-responsibly.cn.ca/.

About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN's network connects Canada’s Eastern and Western coasts with the U.S. South through an 18,800-mile rail network. CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

Forward-Looking Statements
Certain statements included in this report constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws, including statements based on management’s assessment and assumptions and publicly available information with respect to CN. This forward-looking information also includes but is not limited to, statements relating to our environmental, social and governance (ESG) strategies and targets, including our climate goals and sustainability commitments. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as "believes", "expects", "anticipates", "assumes", "outlook", "plans", "targets" or other similar words.