Slide 1: Sparinvest ESG Investor Panel
Sparinvest ESG Investor Panel June 17, 2021 EXECUTE INNOVATE GROW
Slide 2: Forward Looking Statements
Forward Looking Statements Certain information in this presentation includes forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995) regarding future even
Slide 3: Companywide ESG Highlights
Companywide ESG Highlights John Garrison Chairman & CEO EXECUTE INNOVATE GROW
Slide 4: Zero Harm Culture & Terex Way Values
Zero Harm Culture & Terex Way Values Safety is an absolute way of life Global team members are social whether you work for us, supply us, use distancing and following safety our equipment, or receive our services protocols to safely serve customers Zero Harm Safety Culture is foundational to Terex’s
Slide 5: Today's Presenters
Today’s Presenters John L. Garrison, Jr Tony Webb Amy J. George Chairman & CEO, Senior Director, Senior Vice President, President Terex AWP Health, Safety and Environment Chief Human Resources Officer 5 Years with Terex 7 Years with Terex 14 Years with Terex Stacey Babson-Smith John D. Sheehan Vice
Slide 6: Companywide ESG Highlights
Companywide ESG Highlights Environmental • Expansion of electric/hybrid products o Genie Electric Drive Scissor o Finlay Hybrid Jaw Crusher o Utilities HyPower Hybrid Solution • Implementing efficient solutions at our plants Social • Team Member Communications • Women @ Terex Fireside Chats • Intern
Slide 7: Health, Safety, & Environment
Health, Safety, & Environment Tony Webb Senior Director, Health, Safety & Environment EXECUTE INNOVATE GROW
Slide 8: Team Member Safety
Team Member Safety All Team Members expected to be committed to Total Recordable Injury Rate Benchmarks* our journey to Zero Harm and expected to be responsible to each other for continuous 2.68 3.00 improvement in safety. 1.51 1.68 Approach to Team Member Safety 0.70 0.43 • Create a culture where w
Slide 9: Greenhouse Gas (GHG) Reduction
Greenhouse Gas (GHG) Reduction Emissions Intensity Absolute CO2e / Hrs Worked • Consistent with our Terex way value of 0.0041 Citizenship, Terex has been tracking and 0.0035 0.0034 submitting Green House Gas data to the 0.0026 Carbon Disclosure Project since 2007. • In line with our value of Improve
Slide 10: Diversity, Equity and Inclusion
Diversity, Equity and Inclusion Amy George Senior Vice President, Chief Human Resources Officer EXECUTE INNOVATE GROW
Slide 11: Diversity, Equity & Inclusion Vision
Diversity, Equity & Inclusion Vision Terex DEI Vision • We embrace diversity across a variety of dimensions and see it as a key to our success. • We believe that having a talented workforce is not just about hiring the right people. • It is about creating an environment where our team members can re
Slide 12: Umbrella Concept
Umbrella Concept Diversity, Equity and Inclusion • Gender • Ethnicity / Race • Age • Sexual Orientation • Religion • Work Style • National Origin • Language • Physical Ability • Education • Socioeconomic Status • Family Status DEI is our umbrella concept and is inclusive of all diversity dimensions
Slide 13: Women at Terex
Women at Terex Our DEI journey began with a global focus on gender as women are typically underrepresented in the manufacturing industry 13
Slide 14: Women at Terex 5 Year Goals
Women at Terex 5 Year Goals 2013 Baseline 2015 2018 2021 (April) 2023 Target ~700bps improvement ~600bps 21.5% improvement ~500bps 19.0% improvement 17.2% 16.5% 16.6% 16.5% 15.3% 15.2% 14.7% 14.4% 13.8% 13.9% 12.8% 10.8% 10.0% Leadership Roles Line Roles All Women 1% Year-over-Year 0.5% Year-over-Ye
Slide 15: Diversity, Equity & Inclusion Journey
Diversity, Equity & Inclusion Journey • DEI Aspirations • DEI Governance Structure • DEI Training • Int’l Women’s Day • Inclusion Survey • Mentoring Program • McKinsey Expanding • LeanIn Circles Equity program • W@T Site • W@T Global 2020 - present Ambassadors Webinars • Women’s • W@T 5 Year 2014 -
Slide 16: Long-Term DEI Aspirations
Long-Term DEI Aspirations To increase non-majority representation by 2025 focusing on leadership, management, SG&A and indirect manufacturing roles To maintain parity in promotion and retention rates of non-majority team members in both shop floor and non-production roles To ensure that all team mem
Slide 17: Governance
Governance Stacey Babson-Smith Vice President, Chief Ethics & Compliance Officer EXECUTE INNOVATE GROW
Slide 18: Enhanced Governance & Management Stewardship
Enhanced Governance & Management Stewardship Full Board Strategy Oversight Governance, Compensation and Audit Committee Nominating and Human Capital Committee Corporate Responsibility Committee Disclosures Social Environment • Accuracy of reported ESG • Management Development • Review, monitor and a
Slide 19: Concluding Thoughts
Concluding Thoughts John Sheehan Senior Vice President, Chief Financial Officer EXECUTE INNOVATE GROW
Slide 20: Next Steps on our ESG Journey
Next Steps on our ESG Journey Near-Term Medium-Term Clarify external goal & reporting commitments Incorporating ESG into Management • SASB Reporting routines • Science Based Targets (SBTI) Continue to introduce electric / hybrid products Formalizing Board Committee Refine and strengthen DEI mandate
Slide 21: Thank You! Moderated Investor Q&A
Thank You! Moderated Investor Q&A EXECUTE INNOVATE GROW