CNH Industrial: Periodic Report on $1 Billion Buyback Program

Rhea-AI Summary

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) completed transactions under the €400 million component of its $1 billion share buyback program, investing approximately €234,921,574.77 ($254,595,621.88) to purchase a total of 24,741,114 common shares. The Company also bought 1 million shares on the New York Stock Exchange. CNH Industrial is a global equipment and services company, providing agriculture and construction products, digital technologies, and autonomous systems. The Company's purpose revolves around Innovation, Sustainability, and Productivity, with a focus on customer efficiency and success.

CNH Industrial: Periodic Report on $1 Billion Buyback Program

Basildon, December 13, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the €400 million component (the “First Component”) of its $1 billion share buyback program (the “Program”) the Company completed transactions in the period December 4, 2023 through December 8, 2023, reported in aggregate, as set forth in the table below.   After the purchases announced today and considering those previously executed under the First Component, the total invested amount in the First Component is approximately €234,921,574.77 ($254,595,621.88) or a total amount of 24,741,114 common shares purchased.

Date	Number of common shares purchased	Average price per share excluding fees	Consideration excluding fees	Consideration (*) excluding fees
		(€)	(€)	($)
December 4, 2023	2,000,000	10.0974	20,194,800.00	21,947,708.64
December 5, 2023	708,140	10.0676	7,129,270.26	7,711,731.64
December 6, 2023	337,304	10.1288	3,416,484.76	3,682,287.27
December 7, 2023	1,000,000	10.1558	10,155,800.00	10,938,812.18
December 8, 2023	635,595	10.1127	6,427,581.56	6,927,004.64
TOTAL	4,681,039		47,323,936.58	51,207,544.38

Euronext Milan

Additionally on December 4, 2023, the Company purchased 1 million shares on the New York Stock Exchange under the Program as detailed in the table below:

NYSE

Date	Number of common shares purchased	Average price per share excluding fees	Consideration (*) excluding fees	Consideration excluding fees
		($)	(€)	($)
December 4, 2023	1,000,000	10.9568	10,081,707.77	10,956,800.00

(*) All translations determined from Euro to/from US Dollar at the exchange rate reported by the European Central Bank on the date of each purchase.

As of December 8, 2023, the Company held 61,747,861 common shares in Treasury.

Details of the transactions described in the table above, including the regulated markets where the purchases were made, are available on the Company’s corporate website under the Buyback Programs section at the following address: cnhindustrial.com/BuyBack.

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland Agriculture supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Hemisphere, a leading designer and manufacturer of high-precision satellite-based positioning and heading technologies; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions.

Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Contacts:

Media Relations
Email: mediarelations@cnhind.com

Investor Relations
Email: investor.relations@cnhind.com

Attachment

• 20231213_PR_CNH_Industrial_Buyback_Periodic_Report

FAQ

What is the ticker symbol for CNH Industrial?

The ticker symbol for CNH Industrial is NYSE: CNHI / MI: CNHI.

How much did CNH Industrial invest in its share buyback program?

CNH Industrial invested approximately €234,921,574.77 ($254,595,621.88) under the €400 million component of its $1 billion share buyback program.

How many common shares did CNH Industrial purchase under the buyback program?

CNH Industrial purchased a total of 24,741,114 common shares under the buyback program.

What products and services does CNH Industrial provide?

CNH Industrial provides a wide range of agriculture and construction products, digital technologies, and autonomous systems through its global and regional Brands, catering to customer efficiency and success.

What is the purpose of CNH Industrial?

CNH Industrial's purpose revolves around Innovation, Sustainability, and Productivity, with a strong focus on driving customer efficiency and success.