Union Pacific Corporation CFO Rob Knight to Address the Bank of America Merrill Lynch and Wolfe Investor Conferences

OMAHA, Neb., May 11, 2017

• Bank of America Merrill Lynch 2017 Transportation Conference – Boston, Mass.
• May 18, 2017, at 9:20 a.m. ET
• View presentation and listen to live Internet webcast at www.up.com/investor
• Alternatively, the audio portion can be accessed directly through the following webcast link

• Wolfe Research Global Transportation Conference – New York City, N.Y.
• May 24, 2017, at 9:45 a.m. ET
• View presentation and listen to live Internet webcast at www.up.com/investor
• Alternatively, the audio portion can be accessed directly through the following webcast link

Replays of the audio webcasts will be available shortly after the conclusion of the live events on Union Pacific's Investors website.

ABOUT UNION PACIFIC

Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2007-2016, Union Pacific invested approximately $34 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.

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