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CNH strengthens Global Leadership Team to deliver key priorities efficiently. Investor Day in early 2025.

AGÊNCIA DE COMUNICAÇÃO Conteúdo de responsabilidade da empresa 29 de julho de 2024

CNH Industrial N.V.

CNH strengthens Global Leadership Team to deliver key priorities efficiently. Investor Day in early 2025.

Basildon, July 29, 2024

CNH (NYSE: CNH) announces its new Global Leadership Team (GLT), which is empowered to carry out faster and more effective delivery of its strategic priorities for profitable long-term growth globally in the Agriculture segment. The Construction segment will operate as a distinct business unit inside CNH with increased autonomy.

The new GLT is organized in a simplified matrix and comprises industry-leading experts and practitioners from within CNH. Their intimate in-house and industry knowledge coupled with their significant experience will support the Companys strategic execution. These appointments are effective August 1. All roles report to the CEO.

Segment Heads

Region Heads

Alongside the Presidents of Construction and Financial Services with their specific responsibilities for the profitability of their respective segments, the Region Heads are responsible for the financial performance and commercial execution of the Agriculture segment in their respective regions. Their mission is to deliver customer-centric excellence and strategic growth.

Function Heads

The Internal Audit function led by Glenn Robertson reports directly to the Audit Committee of the CNH Board of Directors.

I am confident that this leadership team will accelerate the delivery of world-class products and services that elevate our customers experience. Our unstinting focus on quality, our brands and the convergence of world-class iron and technology will guide our operational execution. I look forward to presenting our updated strategic plan at an Investor Day in early 2025 Breaking New Ground together as we continue to claim our own turf in a competitive landscape, said Gerrit Marx, CEO at CNH. On behalf of the Company, I wish to thank Fritz Eichler, Marc Kermisch and Scott Moran for their valuable contributions and wish them all every success in their future endeavors outside of CNH.

CNH Industrial (NYSE: CNH) is a world-class equipment, technology and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Companys regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Hemisphere, a leading designer and manufacturer of high-precision satellite-based positioning, and heading technologies; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions.

Across a history spanning over two centuries, CNH has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNHs 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnh.com

For news from CNH and its Brands visit: media.cnh.com

Contacts:

Media Relations
Email: mediarelations@cnh.com

Investor Relations
Email: investor.relations@cnh.com

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