Terex CorporationNYSE: TEX

2025 Supplemental Report Terex Sustainability Report

· Issued by Terex Corporation


2025 SUSTAINABILITY REPORT 2

TABLE OF CONTENTS

INTRODUCTION

Message From Our CEO Sustainability at Terex

3 SOCIAL

3 Health & Safety

4 Forced Labor

Team Member Well-Being Training & Skills Development

11 APPENDIX 18

11 External Assurance 18

12 SASB 19

12 TCFD 20

13 Team Member Demographics 21

ENVIRONMENT 7

Product Innovation & Solutions that

Talent Recruitment & Retention 13

Community Impact, Development, &

Support Sustainability

Operational Energy Use & GHG Emissions Production

7 Engagement 14

8

Toxic Substances in Products 10 GOVERNANCE 15

Climate Risk Air Pollution

Water Stewardship Waste Management Biodiversity

10 Regulatory Landscape & Compliance 15

10 Geopolitical Uncertainty & Global

10 Instability 16

10 Supply Chain Due Diligence &

10 Responsible Procurement 16

Product Quality & Safety 16

Data Privacy & Cybersecurity 17

Digitization & Responsible Use of

Technology & AI 17



3

‌MEssAGE FROM OUR CEO

Dear Stakeholders,

At Terex, our purpose is to help improve people's lives, and our mission is to deliver superior productivity and return on investment to our customers. We achieve this through our commitment to growing sustainably while mitigating negative impacts to our planet, people, and communities.

Over the past two years, we have expanded our presence in the fast-growing waste and recycling markets. In 2024, Terex acquired Environmental Solutions Group (ESG), a leading North American manufacturer of refuse collection vehicles, waste compaction equipment, and parts and digital solutions, enabling us to provide a broader range of environmental solutions. The waste management end market is expected to grow significantly over the next decade as waste disposal methods shift from landfills and combustion towards recycling, requiring equipment with more advanced capabilities.

Simon A. Meester

President and Chief Executive Officer

In addition to the sustainable applications of our products, we also contribute to sustainability through product innovation. As of year-end 2024, ~89% of our product portfolios offer alternative power options. This not only helps us meet our Company's sustainability goals, but it also helps our customers to meet theirs - and, in turn, those of their communities.

As we look to the future, our Board of Directors, Executive Leadership Team, and team members are dedicated to ensuring Terex operates sustainably and responsibly. Our Terex Way Values guide us in our sustainability journey, and this report highlights our values in action: good governance, ethical business practices, Zero Harm safety, a safe and inclusive workplace, being good citizens in the communities where we work and live, and more.

For more information, please visit terex.com.

Simon A. Meester

President and Chief Executive Officer Terex Corporation

2025 TEREX SUSTAINABILITY REPORT



‌4



SUSTAINABILITY AT TEREX

Our Company's purpose is to help improve the lives of people around the world. We do this by enabling safer work practices through product innovation, designing resource-efficient solutions, fostering a workplace culture of inclusion and well-being, and actively reducing our environmental footprint. Prioritizing sustainability generates long-term value for our stakeholders. Through innovation and collaboration, our vision remains forward-looking, and we aim to be a catalyst for change, inspiring others to build a better world for generations to come.



INNOVATE OPERATE SUSTAINABLY ENGAGE

We design products and offer solutions that enable our customers to operate in safe and sustainable ways. Our solutions lessen the demand on our planet's limited resources and support the circular economy by reducing carbon emissions, increasing waste processing, and advancing the reuse of scarce resources, leading to a better planet, better business, and better future.

We implement sustainable practices at our locations to minimize our environmental impact, supporting a healthier planet for current and future generations. We evaluate our suppliers and distribution partners on factors that include their sustainability practices.

Our inclusive culture makes team members of all backgrounds feel welcome and valued, contributing to a team invested in their work, each other, and their communities. Our objective is Zero Harm, keeping all Terex team members safe at work.

RECOGNIZED FOR SUSTAINABILITY, INNOVATION, AND OVERALL EXCELLENCE

The U.S. News & World Report has named

Genie's new auger attachment for the GTH™-5519 telehandler received Rental magazine's Editor's Choice award.

For the third year in a row, in 2025, Terex was named one of America's Most Responsible Companies. Our ranking improved significantly from the prior year.

The Genie® S®-60 DC received the Best Electric Boom Lift award from Huicong Publications, and the Genie® S®-60 FE hybrid received the Best Energy Saving Product award from the China

The Materials Processing India facility was certified as a Great Place To Work® in India. This award recognizes their

Terex to its published list of the 2025 - 2026 Best Companies to Work For in the Manufacturing and Agriculture industry, earning the highest scores in the culture & inclusion categories of belonging, esteem, and comfort.

Terex sites in Northern Ireland have been recognized as "Highly Commended" for the Sustainable Team of the Year category at the prestigious Business Eye Sustainability & Environmental Social Governance Awards.

Construction Machinery Industry

Association.

Bid-Well earned the prestigious Gold Award for the 4800 concrete paver in the Bridge Pavers/Finishers category at the 2024 Contractor's Choice Awards, hosted by the Roads and Bridges magazine.

commendable efforts in fostering an inclusive, safe, and thriving workplace culture.

The Terex Farlough team was recognized with the Business in the Community Award at the Mid Ulster Awards, a testament to the team's positive impact on the communities where it operates.

Genie's

ZX®-135/70

2025 TEREX SUSTAINABILITY REPORT



articulated boom lift was named Access Machinery of the Year by Construction Week Middle East.

DOUBLE MATERIALITY ASSESSMENT PROCESS & RESULTS

DOUBLE MATERIALITY ASSESSMENT RESULTS 5

DOUBLE MATERIAL

Health & Safety Climate Risk

Air Emissions (Pollution) Product Quality & Safety

Data Privacy & Cybersecurity

A

Geopolitical Uncertainty & Global Instability Digitization & Responsible Use of Technology & AI

Operational Energy Use & GHG Emissions Production Product Innovation & Solutions that Support Sustainability Supply Chain Due Diligence & Responsible Procurement



Reporting threshold (2.5)

IMPACT MATERIAL

Terex has conducted two materiality assessments. In 2022, we completed our first perception-based Materiality Assessment (MA), which guided the development of our corporate sustainability strategy, aspirational goals, initiatives, metrics, and internal framework needed to enhance sustainability at Terex. For more information about our MA results and process, refer to our 2022 Sustainability Report.

Impact on Society and the Environment

Low

In 2024, we completed a Double Materiality Assessment (DMA), which focused on areas of sustainability that impact Terex's enterprise value and financial performance, as well as its impacts on society and the environment. We engaged with 45 internal and external

Regulatory Landscape & Compliance

High

Community Impact, Development, & Engagement Toxic Substances in Products

Reporting threshold (2.5)

NON-MATERIAL

Low

FINANCIAL MATERIAL

Forced Labor Biodiversity

Waste Management

Team Member Well-Being Talent Recruitment & Retention Training & Skills Development Water Stewardship

Impact on Enterprise Value

High

Research Engage

Understand the Assess the relevancy relevant sustainability of the topics and IRO matters for Terex, draft statements through initial impact, risk, and interviews and focus opportunity (IRO) groups with internal

statements, review and external

relevant documents, stakeholders. and develop a list of

stakeholders.

Analyze

Impact Materiality: Develop the preliminary impact materiality assessment, validation of rationale, and ranking of impacts. Align the scoring with the European Financial Reporting Advisory Group guidance and the United Nations Guiding Principles human rights-based approach.

Financial Materiality: Assess the financial materiality of identified IROs. Align the scoring with the Terex enterprise risk management analysis.

Document

Finalize the analysis, documentation of the process, and

visualization of the DMA results.

Report

Obtain support for the results from the Executive Leadership Team.



stakeholders as part of our DMA, including investors, customers, suppliers, universities, and team members from across the globe, to identify our material sustainability topics.1The material

DOUBLE MATERIALITY ASSESSMENT PROCESS
Envrionmental

Social

Governance

topics2identified through the DMA form the

structure of our sustainability report. The results of our DMA were largely consistent with our MA. Therefore, the Company's sustainability strategy has not materially changed as a result of the assessment.

1 See the 2024 Sustainability Report for more information on our engagement with stakeholders.

2025 TEREX SUSTAINABILITY REPORT



2 In this report, the term "material" or "materiality" is not used in the same manner as they are used under the laws of the U.S. or any other jurisdiction, or as they are used in the context of financial statements and financial reporting. Materiality, for the purposes of this document, should not, therefore, be read as equating to any use of the word in other Terex reporting or filings.