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BERKSHIRE HATHAWAY INC.

REPORTB usiness ActivitiesBerkshire HATHAWAY a holding company owning subsidiaries that engage in a number of diversebusiness activities including insurance and reinsurance, freight rail transportation, utilities and energy, finance,manufacturing, services and retailing. Included in the group of subsidiaries that underwrite insurance andreinsurance is GEICO, the second largest private passenger auto insurer in the United States and two of thelargest reinsurers in the world, General Re and the BERKSHIRE HATHAWAY Reinsurance Group. Other subsidiariesthat underwrite property and casualty insurance include: National Indemnity Company, BERKSHIRE HathawayHomestate Insurance Companies, Medical Protective Company, Applied Underwriters, Liability InsuranceCompany, Central States Indemnity Company, , the Guard Insurance Group and BERKSHIRE HathawaySpecialty Insurance Northern Santa Fe ( BNSF ) operates one of the largest railroad systems in North America.

Business Activities Berkshire Hathaway Inc. is a holding company owning subsidiaries that engage in a number of diverse business activities including insurance and reinsurance, freight rail transportation, utilities and energy, finance,

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