Cnh Industrial N.v. · NYSE:CNH
Cnh Industrial — Investor Day (February 2022)
19 slides from Cnh Industrial's investor day presentation, Feb 2, 2022
Slide 1: Agriculture Segment
Slide 2: Agriculture: Helping farmers feed a growing population
AGRICULTURE Helping farmers feed a growing population 2 global full-liner brands plants worldwide 180+ years of history 18 R&D centers globally $14.7B net sales in 2021 6,500+ sales / service points 12.3% adj. EBIT margin 2021
Slide 3: Agriculture Running Start: Key achievements in 2019-2021
| AGRICULTURE RUNNING START Key achievements in 2019-2021 » HIGHER SALES GROWTH vs PEERS » NEW PROFITABILITY LEVELS » PRODUCT LINE EXPANSION Net sales growth agriculture, 2019 vs. 2021 CNH Industrial adj. EBIT, 2017-20 vs. 2021 THROUGH TECHNOLOGY New products 1.5x 1.5x 4 4 12% New partners’ Avg. 201
Slide 4: Farmers are facing resource and labor shortages
are facing resource and labor shortages
Slide 5: R&D and CAPEX Investments ($Billions)
R&D AND CAPEX INVESTMENTS ($BILLIONS) 4.0 Precision technology and alternative propulsion for productivity and sustainability » Great iron 2.2 a } Constant hardware upgrades os for best-in-class performance, pe safety, uptime and comfort a © » Capacity and productivity Renewed focus on safety, quali
Slide 6: Strategic Priorities
STRATEGIC PRIORITIES TECHNOLOGY BRAND TIONA’ USTAINABILITY LEADERSHIP AND DEALER STEWAR STRENGTH
Slide 7: Our Farmers
| OUR FARMERS Our Agriculture brands are proud to be the farmers’ preferred local partner Hi We understand each farmer pon oe is unique within the diverse eS global farming landscape We serve them through tailored brands, products and distribution networks ~ TECH NEEDS y INDUSTRIAL
Slide 8: Our Brands' Strong Heritage
| OUR BRANDS' STRONG HERITAGE FULL-LINER GLOBAL BRANDS 7 generations of loyal farmers and 4M+ machines sold" FOCUSED REGIONAL BRANDS CASE Hit Milter ~ $7B sales ~ $7B sales ie, in 2021 in 2021 Flexircoil SETTING THE STANDARD Focus on large Focus on small grains, cash crops grains, hay and (K)KONGSKI
Slide 9: Optimized Multi-Brand Strategy
| OPTIMIZED MULTI-BRAND STRATEGY Brands setup to be the preferred local partner based on the specific needs of each size and type of farm REVENUE BY REGION AND BRAND, 2021 North $5B America Mainly cash crop Europe $ 5 B a Balance of large and small grains, specialty farming South % Ration $ 2 B Russ
Slide 10: Products Designed to Serve Our Farmers
| PRODUCTS DESIGNED TO SERVE OUR FARMERS Continuous improvement of our product portfolio, tailoring each product to customers’ needs Ge) ony Alternative 202 Propul LARGE 300HP+ 140-180HP ——-180-250HP TRACTOR soe Ss Se Se? Sia Bla” 250-300HP_ AutoCart 68 68 68 SROR OB SMALL Specialty Specialty TRACTO
Slide 11: Evolving Great Iron to the Next Level
| EVOLVING GREAT IRON TO THE NEXT LEVEL Best in class technology on next gen HHP tractor for improved productivity and comfort UPTIME VS. COMPETITION Industry best autonomy _ Longer service interval >40% uptime Up to 50% é USER EXPERIENCE —————————__J ji i Quietest cab in the industry a bv i _—————
Slide 12: Great Tech to Produce More with Less
| GREAT TECH TO PRODUCE MORE WITH LESS Leveraging precision technology to redefine frontiers in performance and sustainability PERFORMANCE | Optimized visual guidance 20% more acres/day ENVIRONMENT Optimized application control Automated boom control 50%+ better ground following 0; aT Most powerful
Slide 13: Innovation to Benefit Farmers
| INNOVATION TO BENEFIT FARMERS As a global leader in harvesting, we will continue to build on 20+ years of automation awards Process automation Auto guidance +20% productivity +15% productivity Feed rate control +10% throughput PERFORMANCE l ENVIRONMENT ———_ Grain sample monitoring to reduce grain
Slide 14: Enhancing customer experience with digital tools for dealers
We will continue to enhance customer experience offering digital tools to our 3,000+ dealers and 6,500+ sales / service points globally » FACTORY FIT CONNECTED UNITS connected machines in 2021 YoY » UPTIME TECH USE CASES analytics triggers, customer uptime » DEALER CONTROL ROOM connected services, s
Slide 15: Three industrial projects launched for the next three years
Three industrial projects launched for the next three years » LOGISTICS "BACK TO NORMAL" Supply chain and logistics flow optimization and normalization after 2021-22 challenges » STRATEGIC SOURCING PROJECT Performance improvement leveraging global supplier base, program governance already in place »
Slide 16: Net-Zero Farming Vision
| NET-ZERO FARMING VISION Commitment to sustainability through the development of a greener product range focusing on alternative fuels and electrification ALTERNATIVE FUELS New T6 Methane tractor already launched ey 5 eas Circular Ff 3 ‘ @] economy Technology applied to other product platforms 5 y
Slide 17: Financial Targets
| FINANCIAL TARGETS We will grow content and market share while boosting operations to improve EBIT and sustain an ambitious investment plan 2019 2021 2024E Net sales $11.0B » $14.7B >>>>»))> + $16.5-17.5B Adj. EBIT walk || iz 14.5-15.5% 2021-2024 genmmenanl ozs nes [| 8.2% 2019 2021 Market Growth O
Slide 18: Our Path to New Heights
| OUR PATH TO NEW HEIGHTS » We have the most balanced geographic presence » We continue to invest significantly to bring customers great iron and great technology » We have a strong product pipeline to support farmers increase productivity and sustainability » Increased focus on customer centricity
Slide 19: Breaking New Ground
Breaking CN — IND U s TRI A L Innovation Sustainability Productivity PRODUCTIVITY