CN Proudly Celebrates the 30th Anniversary of its Privatization

MONTREAL, Nov. 17, 2025 (GLOBE NEWSWIRE) — Thirty years ago today, November 17^T^hour, In 1995, CN (TSX: CNR) (NYSE: CNI) shares went public in an initial public offering (IPO) on the Toronto and New York stock exchanges, raising C$2.25 billion. At the time, it was the largest IPO in Canadian history.

Founded in 1919, CN was the largest and oldest Crown corporation in Canada. Privatization helped transform CN into the transportation leader and trade intermediary it is today, fueling North America's economy and supply chains from coast to coast.

To mark this important anniversary, Shawnin Bruder, Chairman of the Board of Directors, and Tracy Robinson, President and CEO of CN, joined senior executives to ring the opening bell at the Toronto Stock Exchange and the closing bell at the New York Stock Exchange.

“That day thirty years ago was a major milestone in making CN the industry leader it is today. Everyone who contributed to that success can look back with great pride, knowing that that same spirit is what continues to drive us today. CN's strength lies in our ability to advance the economy.”

Tracy Robinson, CN President and CEO

“I remember the feeling of excitement and determination that filled the company when we went public. We knew this was a defining moment that would test us in new ways. Looking back, it's amazing to see how this moment of change catalyzed three decades of growth, innovation and pride in what CN has become.”

Christina Circelli, Vice President, Corporate Secretary and General Counsel, CN

Over the past three decades, CN has built a powerful tri-coast network that provides value and opportunity for our customers and supply chain partners to enter new markets, driving long-term sustainable economic growth in North America and around the world.

About CN
CN supports the economy by safely transporting more than 300 million tons of natural resources, manufactured goods and finished products throughout North America each year for its customers. Through its nearly 20,000 miles of rail network and related transportation services, CN connects Canada's east and west coasts to the U.S. Midwest and U.S. Gulf Coast, promoting sustainable trade and prosperity for the communities in which it has operated since 1919.

*Contacts:*
*Media*	*Investment community*
Ashley Michnowski	Stacey Alderson
Senior Manager	Assistant to the Vice President
Media Relations	Investor Relations
(438) 596-4329 [email protected]	(514) 399-0052 [email protected]