Genesee & Wyoming Canada Maritime Lumber Bureau- May, 2018 Genesee & Wyoming Inc. 1
Genesee & Wyoming Inc. 1899 The original Genesee & Wyoming Railroad- 14 miles in upstate NY serving one customer that we still serve today 2
By the way, the Genesee and Wyoming Railroad doesn t operate in either Genesee or Wyoming counties! 3
The Retsof Salt Mine in Livingston County, New York 4
G&W Board of Directors 1899 5
Centralized (G&W Corporate) Support Rochester, NY 140 people Accounting & Finance Human Resources Information Technology Darien, CT 15 people Corporate Head Office Jacksonville, FL 154 people Compliance & Safety Commercial Customer Service Car Leasing & Fleet Management Engineering Industrial Development & Real Estate Mechanical Purchasing Training 6
Respected by Our Shareholders Consistent Long-Term Growth $2,200 ($ millions) Initial Public Offering $3 7
Overview NYSE: Listed as GWR with ~$4.5B market capitalization Railroads: 122 railroads with ~16,000 track miles (80% North America; 20% Australia/Europe) People: ~8,000 Customers: 3,000 Equipment: 1,350 locomotives Carloads: ~3.4 million annually 8
G&W Operating Income by Segment Australia ~10% U.K./Europe ~5% North America ~85% 9
North America 10
Revenue Diversity 2017 Total G&W Freight Revenue by Commodity 11
Extension of Class I Rail System: 2016: 1.6MM G&W Carloads Interchanged 82,000 152,000 383,000 270,000 50,000 290,000 370,000 12
Significant Port Railroad Franchise G&W subsidiaries serve more than 40 major ports on three continents. Scope ranges from North American and Australian ports served by our railroads, to providing last mile rail services within Europe s busiest container port; from municipal port authorities that choose to lease their railroads to the company under long-term contracts, to Freightliner s complete dock-to-door service transporting maritime containers from major U.K. ports through to end delivery Ports served include: Adelaide, South Australia Amsterdam, Netherlands Antwerp, Belgium Baton Rouge, Louisiana Bremerhaven, Germany Bremerton, Washington Brunswick, Georgia Cannock, United Kingdom Cincinnati, Ohio Corpus Christi, Texas Darwin, Australia Davisville, Rhode Island Felixstowe, United Kingdom Fernandina, Florida Galveston, Texas Goderich, Ontario Grays Harbor, Washington Hamburg, Germany Hamilton, Ontario Hueneme, California London Gateway, United Kingdom Lubeck, Germany Mare Island, California Mobile, Alabama New Haven, Connecticut New London, Connecticut Olympia, Washington Panama City, Florida Port Augusta, South Australia Port Hawkesbury, Nova Scotia Port Lincoln, South Australia Port Pirie, South Australia Port Westward, Oregon Portsmouth, Virginia Port Lavaca-Point Comfort, Texas Providence, Rhode Island Quebec, Quebec Rostock, Germany Rotterdam, Netherlands Savannah, Georgia (2) Southampton, United Kingdom St. Joe, Florida Sydney, Nova Scotia Thevenard, South Australia Tilbury, United Kingdom Trois-Rivieres, Quebec Whyalla, South Australia Wilhelmshaven, Germany Wilmington, North Carolina 13
G&W Railroads Industry-Leading Safety Performance 5 Injury Frequency Rate per 200,000 Hours 4 3 2 1 Short Lines Class I 0 * G&W results include April 2015 acquisition of Freightliner Group 14
Leadership in Safety Injury Frequency Rate 2.5 2.0 1.5 1.0 Injury Frequency Rate per 200,000 Hours 9,000 8,000 7,000 6,000 5,000 4,000 3,000 Employees 0.5 0.0 Employees RailAmerica acquisition Freightliner acquisition Pentalver acquisition 2,000 1,000 0 15
Accident Pyramid Attack the base! 16
G&W Commitment to Long-Term Infrastructure More than $1.5 billion gross capital investment in since 2010 17
Progress Towards Most Respected Industry-Leading Customer Satisfaction 10 9 8 8.0 = Our Goal 7 6 Trucking Other Railroads 5 2007 2009 2011 2013 2015 2017 18
Genesee & Wyoming Canada Inc. Genesee Wyoming Canada (GWCI) is a division of Genesee & Wyoming Inc. GWCI operates twelve rail lines: Cape Breton & Central Nova Scotia Railway (CBNS) Québec-Gatineau Railway (QGRY) Chemin de fer St-Laurent & Atlantique (SLQ) St. Lawrence & Atlantic Railroad (SLR) Ottawa Valley Railway (OVR) Huron Central Railway (HCRY) Southern Ontario Railway (SOR) Goderich-Exeter Railway (GEXR) Western Labrador Rail Services Chemin de fer Kérail Knob Lake & Timmins Railway Services Ferroviaires de l Estuaire 19
Industry Safety Performance 3.14 Injury Frequency Rate for 200 000 hours worked GWI, CN & CP Dec 2017; others Nov 2017 *200 000 worked hours = 100 employees for 1 year 2.46 1.91 1.83 1.67 1.29 1.21 1.16 1.08 0.83 0.79 0.60 FRA Group 2 FRA Group 3 KCS CN CP NS CSX Class I Avg BNSF G&W Consolidated UP GWCI Genesee & Wyoming Inc. 20
GWCI Carloads per Railroad 2017 HCRY 9% CBNS 7% GEXR 12% RLK 6% QGRY 27% RLHH 20% SLR 7% SLQ 12% 21
GWCI Markets 210000 180000 150000 Carloads 120000 90000 46,709 43,312 39,626 35,063 35,038 36,881 60000 30000 0 2013 2014 2015 2016 2017 2018 Agricultural & Food Petroleum & Chemicals Forest Products Metals & Minerals Others 22
GWCI interchange with the two Canadian Class 1 RR GWCI Total Carloads 2016 GWCI Total Carloads 2017 CP 25% CP 36% CN 66% LOCAL 9% CN 54% LOCAL 10% 23
Genesee & Wyoming Canada Inc. now Open door to NAFTA Market 140,000 + carloads/yr. Fleet of 1685 cars to support customers business. More than 3,000 car spots of available storage capacity. Annual Capital investment of $20M to $30M in railway infrastructure. Financial/Operational partnership with customers. Operation partnership with the mining industry. Genesee & Wyoming Canada Inc. projects Intermodal terminal in Quebec City. Conversion of all GWCI RR to 286K. Continuous geographical expansion. 24
Genesee & Wyoming Inc. 25