The Board of Directors of Union Pacific Corporation (NYSE:UNP) has declared a quarterly dividend of $1.38 per share on the company's common stock, payable Dec. 30, 2025, to shareholders of record Dec. 5, 2025.

Union Pacific has paid dividends on its common stock for 126 consecutive years.

ABOUT UNION PACIFIC

Union Pacific (NYSE:UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

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Union Pacific Investor Contact: Diana Prauner at 402-544-4227 or dprauner@up.com

Media Contact: 402-544-5034 or media@up.com

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