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KCS holds annual meeting of stockholders, elects directors and announces stock dividends

(Source: Kansas City Southern press release, May 20, 2019)

KANSAS CITY, Mo. — Kansas City Southern (KCS) held its Annual Meeting of Stockholders on May 17, 2019 in Shreveport, Louisiana. With 89% of KCS’ outstanding common and preferred stock represented in person or by proxy at the Annual Meeting, the stockholders:

• elected Lydia I. Beebe, Lu M. Córdova, Robert J. Druten, Antonio O. Garza, Jr., David Garza-Santos, Mitchell J. Krebs, Henry J. Maier, Thomas A. McDonnell, and Patrick J. Ottensmeyer to serve on the KCS Board of Directors until the Annual Meeting of Stockholders in 2020;
• Ratified the Audit Committee’s selection of PricewaterhouseCoopers LLP as KCS’ independent registered public accounting firm for the year ending December 31, 2019;
• Approved an advisory vote on the 2018 compensation of the KCS named executive officers; and
• Approved a company proposal to amend KCS’s Amended and Restated Certificate of Incorporation to reduce the threshold stock ownership requirement for stockholders to call a special meeting.

In addition, at their meeting today, the Board of Directors declared a regular dividend of $0.25 per share on the outstanding KCS 4% Non-Cumulative Preferred stock. This dividend is payable on July 2, 2019, to stockholders of record at the close of business on June 10, 2019.

The Board of Directors also declared a regular dividend of $0.36 per share on the outstanding KCS common stock. This dividend is payable on July 3, 2019, to stockholders of record at the close of business on June 10, 2019.

Tuesday, May 21, 2019

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