Regional Rail, LLC

Regional Rail, LLC and TLD RAMP Inc. Announce Strategic Rollout of Mobile Transloading Capabilities Across 14 Key Locations Kennett Square, PA – June 4, 2024 – Regional Rail, LLC, a leading operator of short line railroads, is pleased to announce a strategic planning initiative with TLD RAMP Inc. to roll out TLD's mobile transloading capabilities to 14 of Regional Rail’s locations, including three port railroads: Port Manatee, FL, Port of Morehead City, NC, and Port of Indiana Burns Harbor, IN. Background on Regional Rail, LLC: Since its establishment in 2007, Regional Rail, LLC (“Regional Rail”) has operated and grown successful short line railroads. The company operates 15 railroads covering over 800 miles of track, transporting more than 70,000 carloads of customer freight across Ohio, Florida, Delaware, New York, North Carolina, Pennsylvania, Illinois, Indiana, and Canada. Regional Rail has become a premier solutions provider for high-growth ports, including Port Manatee, FL, Port of Morehead City, NC, and Port of Indiana Burns Harbor, IN. The company’s industrial customer base includes notable names like Equistar, Cleveland Cliffs, Lowes, and Shell Chemical. Strategic Rollout Details: The collaboration with TLD RAMP will see the implementation of TLD's innovative mobile transloading platforms at 14 of Regional Rail’s strategic locations. This rollout aims to enhance supply chain efficiency for organizations delivering to major population areas and railroads serviced by Regional Rail. The locations included in this initiative are: ● Orlando, FL ● Tampa, FL ● Raleigh, NC ● Philadelphia, PA ● New York City, NY ● Cincinnati, OH ● Chicago, IL ● Saint Louis, MO ● Newark, NJ ● Ocala, FL ● Indianapolis, IN ● Port Manatee, FL ● Port of Morehead City, NC ● Port of Indiana Burns Harbor, IN Unlike traditional transloading, TLD's mobile transloading platform operates without the need for extensive brick-and-mortar infrastructure such as warehouses and docks. This significantly reduces the capital requirements for each location, enabling a rapid and aggressive rollout. Additionally, TLD RAMP's operations are highly efficient, allowing for the loading and unloading of boxcars in one-third the time when compared to traditional methods, providing significant benefits to Regional Rail customers. Mark Meyer, AVP of Marketing & Sales for Regional Rail, commented, "This new strategic plan with TLD will allow us to become the instant solution to supply chain needs in the areas we serve. This creates impactful opportunities for any major producers operating in and around those major population centers." Media Contact: Mark Meyer Email: mmeyer@regional-rail.com Phone: 407-340-9509 For further information about Regional Rail, LLC and their services, please visit www.regionalrail.com. For further information about TLD RAMP Inc, please visit www.tldramp.com

We are pleased to announce our acquisition of Indiana Eastern Railroad and Ohio South Central Railroad, which operate a combined 107 miles of mainline freight railroad across Indiana and Ohio. The rail lines serve an attractive set of industrial customers across a variety of end-markets, including food & agriculture and chemicals, and further expand Regional Rail’s existing Midwest U.S. presence. Find out more here: https://shorturl.at/tyBY7

We are pleased to announce that our portfolio company Regional Rail, LLC has agreed to acquire Indiana Eastern Railroad and Ohio South Central Railroad, which operate a combined 107 miles of mainline freight railroad across Indiana and Ohio. The rail lines serve an attractive set of industrial customers across a variety of end-markets, including food & agriculture and chemicals, and further expand Regional Rail’s existing Midwest U.S. presence. Find out more here: https://shorturl.at/tyBY7