CNH publishes 2026 Annual General Meeting agenda Basildon, March 25, 2026 CNH Industrial (NYSE: CNH) announced today that it has published its notice of the 2026 Annual General Meeting of Shareholders (“AGM”) and proxy statement. The AGM will be held on May 8, 2026, in Amsterdam, The Netherlands. The proceedings can also be followed via a live webcast on the Company's website (www.cnh.com). The Company’s AGM materials and instructions for voting and submitting questions in advance of the meeting, together ...

Market Overview - The Farm Software Management Solution Market was valued at USD 2.41 billion in 2025 and is projected to reach USD 5.37 billion by 2035, with a CAGR of 8.37% from 2026 to 2035 [1][5]. Government and Regulatory Influence - Government mandates such as USDA digital agriculture requirements and EU Farm-to-Fork strategy compliance are significant drivers for market expansion, enhancing farm data accessibility and agricultural transparency [1]. Market Segmentation By Component - The software segment accounted for approximately 67.45% of revenue in 2025, driven by demand for integrated farm management platforms, while the services segment is expected to grow at a CAGR of nearly 9.12% from 2026 to 2035 [6]. By Deployment Mode - The cloud-based segment contributed 61.38% of revenue in 2025, favored for its scalability and cost-effectiveness, while on-premises solutions remain important for large agribusinesses due to localized data needs [7]. By Farm Size - Large farms held about 48.73% of the market share, with medium farms expected to grow at a CAGR of around 9.04% during the forecast period as they seek comprehensive management platforms [8]. By Application - Crop management applications represented approximately 32.56% of revenue in 2025, with livestock management anticipated to grow at a CAGR of about 8.89% from 2026 to 2035 [10]. By End-User - Farmers comprised 52.61% of the market share, while agribusinesses are projected to grow at a CAGR of around 9.23% during the forecast period [11]. Regional Insights - The Asia Pacific region is the fastest-growing segment with a CAGR of 10.14%, driven by increasing awareness of digital agricultural services and government initiatives [12]. - North America held over 38.42% of the market share in 2025, supported by a robust agri-tech environment and stringent data record-keeping requirements [13]. Key Players - Leading market players include Trimble Inc., Deere & Company, CNH Industrial, AGCO Corporation, and Climate Corporation among others [4]. Recent Developments - Trimble Inc. expanded its software platform with AI capabilities in March 2025, while Deere & Company launched an enhanced cloud-based platform in January 2025, both aimed at improving farm productivity and digital management adoption [16].

Business Segments - CNH Industrial operates through three business segments: Agriculture, Construction, and Financial Services, with a global presence in 32 countries and commercial activities in approximately 166 countries[14][16]. - The Agriculture segment includes a full line of equipment such as tractors, harvesters, and precision agriculture solutions, with brands like Case IH and New Holland leading the market[20][21]. - The Construction segment offers a wide range of equipment, including excavators and compact track loaders, with a focus on innovation and customer needs[23][27]. - The Financial Services segment provides financing solutions for customers and dealers, supporting the purchase of new and used equipment[31]. Recent Developments - In 2023, CNH acquired Hemisphere GNSS and Augmenta, enhancing its capabilities in precision agriculture and automation technologies[22]. - CNH began production of full-electric compact construction equipment in 2023, including electric mini excavators and compact wheel loaders, to meet demand for reduced emissions[30]. - The supply chain transformation initiated in 2023 aims to strengthen supplier relationships and enhance operational effectiveness[76]. Market Conditions - The agricultural equipment industry is experiencing a cyclical downturn, particularly in large agriculture in the Americas, but long-term fundamentals remain attractive due to global protein demand and the adoption of precision technologies[43]. - The construction equipment market is divided into heavy construction equipment (over 12 metric tons) and light construction equipment (under 12 metric tons)[44]. - In North America, heavy construction equipment demand is linked to major infrastructure projects and new housing developments, influenced by government spending and economic growth[49]. - Light construction equipment sales are primarily driven by residential and commercial construction levels, which are affected by interest rates and financing availability[50]. - Seasonal demand for construction equipment peaks in the second and fourth quarters, with winter months typically seeing a slowdown in housing construction[53]. Sales and Marketing Strategies - The company aims to expand its market reach through targeted sales initiatives and customer engagement programs, increasing brand visibility and capturing new demand[18]. - Government farm programs and subsidies significantly influence sales in the agricultural equipment market, particularly in the U.S. and the European Union[39]. - The company operates a dealer network of over 2,300 agriculture dealers and approximately 400 construction dealers, with around 1,700 points of sale[62]. Research and Development - The company has approximately 11,000 registered patents, emphasizing the importance of R&D in maintaining competitive advantage[78]. - The integration of precision technology in equipment is crucial for enhancing productivity and meeting evolving customer expectations[58]. - The company is making targeted investments in precision agriculture technologies and sustainable equipment platforms to enhance farmer productivity and profitability[79]. - The ability to deliver precision technology solutions is critical for the company's performance and requires significant investment in research and development[148]. Financial Services - Financial Services offers a range of financial products, including retail notes and finance leases, to support Agriculture and Construction sales, with a focus on maintaining portfolio credit quality[80][81]. - In North America, retail customer and dealer financing activities are managed through CNH Capital, supporting sales in Agriculture and Construction[82]. - Financial Services' guidelines for minimum down payments for equipment range from 5% to 30% of the sales price, depending on equipment type and customer credit quality[89]. - Dealer financing includes interest-free periods for wholesale receivables, with costs recognized as a reduction in net sales for the applicable Industrial Activities segment[90]. - Financial Services funds its operations through term receivable securitizations and various credit facilities, aiming to maintain sufficient liquidity[93]. Risks and Challenges - The company faces risks related to political, economic, and trade instability in various countries, which may impact manufacturing and sales operations[136]. - Compliance with evolving regulatory requirements, including data privacy and financial services regulations, poses risks that could materially affect the company's financial condition[126]. - The company is subject to significant financial and taxation risks, including market volatility and high leverage, which could impact liquidity and cash flows[128]. - The ongoing war in Ukraine and tensions in the Middle East are impacting the company's supply chain and operations[138]. - The U.S. government has implemented significant new tariffs, including targeted duties on imported steel and aluminum, which may continue to affect the company's financial condition and supply chains into 2026[141]. - The agricultural equipment market is influenced by adverse climatic conditions, which could negatively impact sales and revenues[142]. - The company faces increased competition, particularly in pricing, which could adversely affect its market position and profitability[145]. - The company may not realize all anticipated benefits from business improvement and cost reduction initiatives, which could adversely affect operations and financial condition[151]. - The company faces potential liabilities related to compliance with evolving sustainability disclosure requirements in Europe, which may increase operational costs[160]. Financial Position - The funded status for the company's defined benefit pension plans was a deficit of $327 million as of December 31, 2025[201]. - The company has an aggregate of $26,762 million in consolidated gross indebtedness as of December 31, 2025, which may limit its financial and operating flexibility[203]. - Rising interest rates could negatively affect customer demand for the company's products and services, impacting the financial health of customers[196]. - The company is exposed to currency exchange risks, which can impact the value of assets and liabilities reported in U.S. dollars[195]. - The company may face additional tax expenses or liabilities due to changes in tax legislation, profitability, and ongoing tax audits in various jurisdictions[210]. Compliance and Governance - The company emphasizes employee training and development, managing training through a structured process to enhance skills and operational effectiveness[104]. - The company has implemented a compliance program to mitigate risks associated with improper payments and bribery, although it may not fully protect against violations by employees or agents[111]. - The company is subject to extensive laws and regulations, including anti-corruption and antitrust laws, which could expose it to potential liabilities and increased costs[190]. - Changes in privacy laws may require significant costs to comply, impacting business prospects and financial position[191]. Strategic Initiatives - The company is investing in precision technology solutions, automation, and electrification to maintain competitiveness and market share[147]. - Expansion plans in emerging markets involve significant risks, including economic volatility and potential difficulties in obtaining governmental approvals[166]. - The development of advanced automation and AI technologies is critical for maintaining competitive advantage, but it involves inherent risks and challenges[183].

Core Insights - CNH has achieved a ranking in the top 1% of companies in S&P Global's 2026 Sustainability Yearbook, marking its first year in this elite category after two consecutive years in the top 5% [1] - The company scored 83 out of 100 in the S&P Global 2025 Corporate Sustainability Assessment, which evaluated over 9,200 organizations across 62 industries [1] - CNH is one of only two companies from its industry group to be included in the top 1% [1] Sustainability Recognition - This recognition follows CNH's inclusion in S&P Global's Dow Jones Sustainability World and North America Indices, where it received a joint first place ranking in the Machinery and Electrical Equipment Industry category [2] - CNH was awarded an A Climate score and an A- Water score from CDP, a global non-profit organization focused on environmental disclosure [4] Strategic Impact - The Chief Sustainability Officer of CNH emphasized that the company's sustainability strategy is making a significant impact in agriculture, particularly in enhancing soil health, protecting biodiversity, and improving resource efficiency [3]

Core Viewpoint - The revenue increase in Q4 is attributed to an easy comparison against 2024's severe production cuts rather than a fundamental market recovery [1] Group 1: Financial Performance - The Agriculture segment achieved $230 million in cost savings during 2025, contributing to a cumulative target of $550 million by 2030 [1] - Quality initiatives resulted in $150 million in savings and an 8-point increase in the Net Promoter Score, which is expected to enhance future pricing power [1] Group 2: Strategic Initiatives - A strategic pivot is being implemented to reduce the number of first-level dealer owners by one-third, aiming to establish a more robust, dual-branded distribution network [1] Group 3: Market Insights - The European market exhibited signs of recovery in Q4, particularly in high-horsepower tractors, leading to an anticipated sales pull-ahead of $100 million to $150 million from Q1 2026 [1] Group 4: Challenges - Tariff impacts and an unfavorable geographic mix are significant headwinds, negatively affecting 2025 Agriculture EBIT margins by 110 and 90 basis points respectively [1]

Core Viewpoint - CNH Industrial, one of the largest agricultural machinery manufacturers globally, indicates that the challenging situation for North American farms will persist due to low grain prices and trade uncertainties, with recovery postponed until next year [1] Group 1: Company Insights - CNH Industrial owns tractor brands such as Case and New Holland [1] - The company forecasts a potential global demand decline of 5% this year, reaching historically low levels [1] Group 2: Industry Context - The Trump administration has introduced a $12 billion aid package for farmers; however, competitors like AGCO have noted that this assistance has not yet translated into new sales [1]

Q4 2025 FINANCIAL RESULTS February 17, 2026 SAFE HARBOR STATEMENT AND DISCLOSURES All statements other than statements of historical fact contained in this presentation including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of management regarding operations and ...

Core Insights - CNH Industrial reported a 6% increase in consolidated revenues for Q4 2025, but full-year revenues declined by 9% due to lower demand in the agricultural equipment sector [1][2] - The company anticipates continued challenges in the agricultural equipment market, preparing for lower demand levels in 2026 before a projected recovery in 2027 [1][17] Financial Performance - Q4 2025 net income was $89 million, down from $176 million in Q4 2024, with diluted EPS of $0.07 compared to $0.14 in the previous year [1][2] - Full-year net income for 2025 was $505 million, a significant decrease from $1,259 million in 2024, with diluted EPS dropping from $0.99 to $0.41 [2][15] - Adjusted net income for Q4 2025 was $246 million, up 26% from $196 million in Q4 2024, while adjusted diluted EPS increased to $0.19 from $0.15 [3][1] Segment Performance - The Agriculture segment saw net sales increase by 5% in Q4 2025 to $3.6 billion, driven by favorable pricing and foreign exchange impacts, although adjusted EBIT decreased to $233 million [5][8] - The Construction segment's net sales rose by 19% to $853 million in Q4 2025, but adjusted EBIT fell sharply to $5 million due to higher production costs [9][10] - Financial Services revenues decreased by 6% in Q4 2025, with net income increasing by 18% to $109 million, attributed to improved interest margins [11][12] Market Outlook - The agricultural equipment market is expected to face a further 5% decline in global retail demand in 2026, with a recovery anticipated in 2027 [17][19] - Construction equipment demand is projected to remain flat in 2026, with varying strength across different market segments [18][19]

Core Viewpoint - CNH Industrial (NYSE: CNH) is set to announce its financial results for the Fourth Quarter and Full Year of 2025 on February 17, 2026, with a live webcast available for stakeholders [1]. Group 1: Financial Results Announcement - The financial results conference call will begin at 9:00 a.m. ET on February 17, 2026, and will be accessible via a live listen-only webcast [1]. - A replay of the financial results will be archived in the Investor Relations section of the corporate website for 12 months for those unable to attend the live session [1]. Group 2: Company Overview - CNH Industrial is recognized as a world-class equipment, technology, and services company, focusing on innovation, sustainability, and productivity [3]. - The company provides strategic direction and R&D capabilities that support its global and regional brands, including Case IH, New Holland, CASE, and others [3]. - CNH has a diverse portfolio that includes agricultural applications, construction products, and advanced technologies in precision agriculture and autonomous systems [3]. Group 3: Company History and Workforce - With a history spanning over two centuries, CNH has established itself as a pioneer in its sectors, continuously innovating to enhance customer efficiency and success [4]. - The company employs over 35,000 individuals globally, fostering a diverse and inclusive workplace aimed at empowering customers [4].

Core Insights - CNH has appointed Carlo Materazzo as Chief Manufacturing Officer and Britton Worthen as Chief Legal and Compliance Officer, effective January 1, 2026, to enhance its Global Leadership Team and support operational excellence, innovation, and governance [1][4] Group 1: Appointments - Carlo Materazzo will oversee global agriculture industrial operations across five regions and 15 countries, bringing over 20 years of international experience in manufacturing, operations, and logistics [2] - Britton Worthen joins CNH with extensive experience in legal strategy, compliance, and corporate governance, advising on key legal issues and serving as Board Secretary [3] Group 2: Company Vision and Strategy - CNH emphasizes its commitment to strengthening its leadership team with world-class talent, aiming to advance strategic priorities through the expertise of new appointees [4] - The company operates under the purpose of "Breaking New Ground," focusing on innovation, sustainability, and productivity across its global and regional brands [4][5] Group 3: Company Overview - CNH is a global leader in equipment, technology, and services, with a diverse workforce of over 35,000 employees dedicated to empowering customers and driving efficiency [5]