<div id="readability-page-1"><p>On September 29, 2025, Ancora Holdings Group LLC announced that it criticized Hinrichs for failing to adapt to industry changes, particularly the push for transcontinental rail service, and believes appointment of Steve Angel, who possesses strong M&amp;A experience, positions Company for success in the new era of the transcontinental railroad, the move comes amid growing support for transcontinental railroads, including positive remarks from President Donald Trump about the UNP-NSC transaction. In addition, Ancora Holdings urges Angel and the Company board to pursue opportunities to increase shareholder value, consider potential mergers, evaluate and possibly restructure the leadership team to restore operational excellence.</p></div>

<p>Ancora Holdings Group LLC criticized CSX Corp's leadership for not adapting to industry changes, particularly regarding transcontinental rail service. They support the appointment of Steve Angel, citing his M&A experience as beneficial for the company's future. Ancora Holdings encourages the board to explore opportunities to enhance shareholder value, consider mergers, and possibly restructure the leadership team to improve operations.</p>

Ancora Holdings Provides Information to Shareholders of CSX Corp