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TCI Ensures Shareholders Will Have Opportunity to Hold CN Board Accountable and Create Necessary Change at the Company

TCI Ensures Shareholders Will Have Opportunity to Hold CN Board Accountable and Create Necessary Change at the Company

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Reiterates Need for Board and CEO Change at CN Emphasizes Qualifications of Four Independent, Highly-skilled Director Candidates Sets the Record Straight on Inaccurate Claims from CN Board LONDON, Oct. 5, 2021 /PRNewswire/ — Long-term shareholders CIFF Capital UK LP and The Children’s Investment Master Fund, acting by their investment manager TCI Fund Management Limited (CIFF Capital UK LP, The Children’s Investment Master Fund and TCI Fund Management Limited, together, “TCI”), confirmed it will nominate four independent Directors to the Canadian National Railway Company (TSX:CNR)(NYSE:CNI) (“CN” or the “Company”) Board of Directors (the “Board”) at the Company’s special meeting of shareholders (the “Special Meeting”) scheduled for March 22, 2022. As a long-term CN shareholder, TCI is fully committed to the future health and performance of the Company and is acting to enhance value for all CN shareholders.

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