Cautionary Statement

You are about to review presentations, reports and/or filings of CHRW that contain time-sensitive information. The information contained therein is only accurate as of the date thereof. Such information is subject to change, and CHRW will not necessarily inform you of such changes. The information contained therein may be updated, amended, supplemented or otherwise altered by subsequent presentations, reports and/or filings by CHRW.

All statements included or incorporated by reference in these presentations, reports and/or filings, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by us. We wish to caution you that these statements are only predictions not guarantees of future results and that actual events may differ materially.

Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statement as a result of various factors. Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss some of the important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. CHRW undertakes no obligation to revise or update any forward-looking statements.