

| UNION PACIFIC CORPORATION | 16/05/2019 AGM | |
|---|---|---|
| 1a | Elect Andrew H. Card, Jr. | Oppose |
| 1b | Elect Erroll B. Davis, Jr. | Oppose |
| 1c | Elect William J. DeLaney | For |
| 1d | Elect David B. Dillon | For |
| 1e | Elect Lance M. Fritz | Oppose |
| 1f | Elect Deborah C. Hopkins | For |
| 1g | Elect Jane H. Lute | For |
| 1h | Elect Michael R. McCarthy | Oppose |
| 1i | Elect Thomas F. McLarty, III | Oppose |
| 1j | Elect Bhavesh V. Patel | For |
| 1k | Elect Jose H. Villarreal | Oppose |
| 2 | Appoint the Auditors | Oppose |
| 3 | Advisory Vote on Executive Compensation | Oppose |
| 4 | Shareholder Resolution Regarding Independent Board Chairman | For |