Ms. Ashley Michnowski reports

CN ANNOUNCES ELECTION OF DIRECTORS

The director nominees listed in the management information circular dated March 9, 2026, were elected as directors of Canadian National Railway Company. The detailed results of the vote for the election of directors held at CN's annual meeting of shareholders on May 1, 2026, via on-line webcast are set out in the attached table.

Election of directors

On a vote by ballot, each of the 11 nominees proposed by management was elected as a director of CN.

Shauneen Bruder was unanimously re-elected by the board of directors as board chair. Ms. Bruder is a corporate director and retired executive vice-president, operations, at the Royal Bank of Canada.

Biographical information on all directors can be found in the information circular, available on CN's website.

Final voting results on all matters voted on at the meeting will be filed with the Canadian and U.S. securities regulators.

About Canadian National Railway Company

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.