Union Pacific shareholders elect 11 directors, ratify auditor, approve say on pay at 2026 annual meeting

Proposal 2 – Ratification of Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 The Shareholders voted for the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026 by the following count: Votes For Votes Against Abstentions 506,109,723 31,880,708 879,963

Proposal 3 – Advisory Vote to Approve Executive Compensation (“Say on Pay”) The Shareholders approved, on an advisory (non-binding) basis, the compensation of the Company’s Named Executive Officers, by the following count: Votes For Votes Against Abstentions Broker Non-Votes 454,118,030 24,436,114 2,241,179 58,075,071

Proposal 1 – Election of Directors The Shareholders elected each of the following directors to serve a term of one year, ending at the time of the next Annual Meeting of Shareholders in 2027 (or until a successor is elected) pursuant to the By-Laws of the Company and the applicable laws of the State of Utah: Name Votes For Votes Against Abstentions Broker Non-Votes Sheri H. Edison 468,658,407 10,831,667 1,305,249 58,075,071 Teresa M. Finley 477,361,721 2,594,064 839,538 58,075,071 Deborah C. Hopkins 477,411,285 2,517,387 866,651 58,075,071 Jane H. Lute 458,441,119 21,204,940 1,149,264 58,075,071 Michael R. McCarthy 453,856,480 25,893,643 1,045,200 58,075,071 Doyle R. Simons 468,876,858 10,944,221 974,244 58,075,071 John K. Tien, Jr. 477,322,167 2,587,244 885,912 58,075,071 V. James Vena 477,824,620 2,033,848 936,855 58,075,071 John P. Wiehoff 477,320,553 2,518,328 956,442 58,075,071 W Anthony Will 477,982,920 1,797,522 1,014,881 58,075,071 Christopher J. Williams 473,783,412 5,778,011