Cnh Industrial N.v. · NYSE:CNH
Cnh Industrial — Merger or Acquisition (June 2021)
17 slides from Cnh Industrial's merger presentation, Jun 21, 2021
Slide 1: CNH Industrial to Acquire Raven Industries
CNH Industrial to Acquire Raven Industries June 21, 2021
Slide 2: Additional Information and Where to Find It
2 Additional Information and Where to Find It This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdi
Slide 3: Acquisition Accelerates CNHI's Precision Ag & Autonomy Offering
Acquisition Accelerates CNHI’s Precision Ag & Autonomy Offering 3 Raven Industries Unique Solution Set Expands CNHI’s Agricultural Strongly Aligned is a Leader in Accelerates CNHI Addressable Industry is at an with Sustainability Precision Ag Ag Tech Position Market Inflection Point Priorities Raven
Slide 4: Agricultural Industry is at an Inflection Point
Agricultural Industry is at an Inflection Point 4 Multitude of Secular Trends Driving Forecast for Global Precision and Increased Adoption of Precision Agriculture Solutions Autonomous Technology Market (Projected market size as a multiple of current) 4x Population Shrinking Growth Agriculture Land
Slide 5: Raven Industries: Leading Technology Company at Forefront of Connected Agriculture
Leading Technology Company at Forefront of Connected Agriculture 5 Highlights • Leader in precision agriculture, high-performance specialty films and aerospace and defense solutions • Groundbreaking work in autonomous systems is unlocking new possibilities in agriculture technology development Raven
Slide 6: Acquisition Positions CNHI as a Leader in Precision Agriculture
Acquisition Positions CNHI as a Leader in Precision Agriculture 6 • Expands on long partnership built between CNHI and Raven • Leading innovation capabilities focused on autonomous and precision Ag technology • Internalized technological capabilities enhance overall product competitiveness and stren
Slide 7: Enhanced Capabilities Driving Significant Value Creation
Enhanced Capabilities Driving Significant Value Creation 7 Key Levers for Value Creation Anticipated Synergy Impact Revenue Maximize Value of Raven’s $400M+ Existing Technology % of ’25E Synergies Realized 40%+ 10%+ 0% Accelerate Near-Term Product 2022E 2023E 2024E 2025E Development Opportunities Ad
Slide 8: Transaction Summary
Transaction Summary 8 • CNHI to acquire Raven Industries for $58 per share, representing a 33.6% premium to the Raven 4-week volume-weighted average stock price of $43.40 Purchase Price & Financial Impact • Purchase price represents an implied enterprise value of $2.1 billion • Expect double-digit R
Slide 9: Raven's Applied Technology Division (ATD) at a Glance
Raven’s Applied Technology Division (ATD) at a Glance 9 ATD Product Portfolio Application Spray consoles, control valves, and Controls flow meters to control inputs Guidance & Sub-meter to sub-inch GPS Steering correction to keep on track Field Total system control to fit all Computers operating nee
Slide 10: Global Leader for Autonomous Precision Ag Operations
Global Leader for Autonomous Precision Ag Operations 10 Raven Autonomy Overview • Autonomous capabilities leverage Raven’s best-in-class application and machine control technology • Connects, coordinates and optimizes all core elements of Ag operations • Integrated solutions improve farmer productiv
Slide 11: Raven Engineered Films and Aerostar at a Glance
Raven Engineered Films and Aerostar at a Glance 11 Raven Engineered Films Raven Aerostar • Designs and manufactures high-quality polymer films and • Global leader in stratospheric lighter-than-air technology Description sheeting • Full solution provider of stratospheric systems with significant • De
Slide 12: Transaction is Strongly Aligned with Sustainability Priorities
Transaction is Strongly Aligned with Sustainability Priorities 12 Goal 2 | End hunger, achieve food security and improved nutrition and promote sustainable agriculture Transaction Impact: Driving advancements in precision agriculture will enable farmers to make smarter production decisions and incre
Slide 13: Acquisition Accelerates CNHI's Strategic Priorities
Acquisition Accelerates CNHI’s Strategic Priorities 13 Raven Industries Supports our Strategic Priorities ✓• Accelerates CNHI’s capabilities in autonomous agriculture Premier Manufacturer of Agricultural Equipment ✓• Increases access to new customers and markets in the expanding precision Ag space ✓
Slide 14: Q&A
Q&A Corporate Presentation 2017
Slide 15: Geographic Information
Geographic Information 15 The composition of our regions part of the geographic information is as follow: ▪ North America: United States, Canada and Mexico; ▪ Europe: member countries of the European Union, European Free Trade Association, Ukraine, and Balkans; ▪ South America: Central and South Ame
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures 16 CNH Industrial monitors its operations through the use of several non-GAAP financial measures. CNH Industrial’s management believes that these non-GAAP financial measures provide useful and relevant information regarding its operating results and enhance the readers’ a
Slide 17: Investor Relations Team
Investor Relations Team ▪ Federico Donati – Head of Global Investor Relations +44 (207) 76 - 60386 +39 (011) 00 - 71929 ▪ Noah Weiss – Investor Relations North America +1 (630) 887 - 3745 ▪ Giovanni Somajni – Investor Relations Europe +44 (207) 76 - 60369 e-mail: investor.relations@cnhind.co