On March 25, 2024, CSX Corporation announced that it has received a shareholder proposal from AFL-CIO Equity Index Funds, requesting the Company to take the steps necessary to form a Railroad Safety Committee of independent directors with the power and duty to review staffing levels and their impact on safety at Company?s railroad operations, and to meet and confer on safety issues with relevant stakeholders such as customers, communities, employees, and labor unions. In addition, the Company recommended the shareholders to vote against the proposal at the annual meeting of shareholders scheduled to be held on May 8, 2024.