• Union Pacific’s BDR program in Brazil will execute a mandatory stock split, issuing 5 additional BDRs for each 1 BDR held.
• The BDR-to-underlying ratio will reset to 1:24 from 1:4, effective from the market open on 27/07/2026.
• Key dates: eligible date 24/07/2026; ex-date 27/07/2026; record date 28/07/2026; new BDRs credited 29/07/2026.
• Fractional entitlements will be paid in cash, subject to income tax withholding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UP - Union Pacific Corporation published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.