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CNH Industrial to delist from Euronext Milan and keep a single listing on the New York Stock Trade

CNH Industrial N.V.

CNH Industrial N.V.

London, February 2, 2023

CNH Industrial these days announces that, following owing consideration and assessment, the Company’s management and Board of Administrators have decided that shareholders of CNH Industrial will be very best served by a one stock listing on the NYSE. Now, the Enterprise has a dual listing, with shares traded in both equally New York and Milan.

The twin listing was adopted in 2013, when US-shown CNH Global N.V. merged with Milan-detailed Fiat Industrial SpA to type CNH Industrial N.V. In January 2022, CNH Industrial N.V. spun off its On-Highway actions making Iveco Group, a enterprise that is detailed exclusively in Milan. Considering that the spin-off, the vast majority of CNH Industrial inventory buying and selling has progressively shifted to the NYSE, revealing that the Company’s new company profile and investor foundation healthy greater with a solitary US listing. Concentrating trading in one particular market will allow for for greater liquidity and trader focus, although more simplifying the organization profile and compliance prerequisites.

CNH Industrial has knowledgeable Borsa Italiana Euronext about its intention to depart the European listing.

CNH Industrial is monitoring the ongoing initiatives of harmonization and simplification of the legal and regulatory framework of the Italian monetary procedure that could permit a clean changeover to a single listing on the NYSE in the in close proximity to foreseeable future.

The Firm intends to reach solitary listing by early 2024. Though our primary path is a plain delisting from Milan, options involving a corporate reorganization are offered to obtain the very same objective. CNH Industrial’s Board of Directors and Administration Team are grateful to Euronext Milan for obtaining been our listing location for 10 years and are excited about the Company’s ongoing existence on the NYSE.

Goldman Sachs & Co. LLC is acting as economic advisor to CNH Industrial.

CNH Industrial (NYSE: CNHI / MI: CNHI) is a entire world-class equipment and companies business. Driven by its purpose of Breaking New Floor, which facilities on Innovation, Sustainability and Productiveness, the Enterprise presents the strategic route, R&D capabilities, and investments that help the achievements of its international and regional Brands. Globally, Case IH and New Holland Agriculture provide 360° agriculture programs from equipment to implements and the digital technologies that greatly enhance them and Circumstance and New Holland Development Tools produce a comprehensive lineup of development merchandise that make the sector extra productive. The Company’s regionally targeted Makes include: STEYR, for agricultural tractors Raven, a chief in digital agriculture, precision technologies and the advancement of autonomous systems Flexi-Coil, specializing in tillage and seeding systems Miller, production software devices Kongskilde, supplying tillage, seeding and hay & forage implements and Eurocomach, manufacturing a extensive array of mini and midi excavators for the construction sector, which include electric powered answers.

Throughout a record spanning more than two hundreds of years, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer effectiveness and good results. As a truly world corporation, CNH Industrial’s 37,000+ personnel variety element of a assorted and inclusive workplace, targeted on empowering shoppers to expand, and develop, a far better globe.

For far more information and facts and the most current financial and sustainability reports check out: cnhindustrial.com

For news from CNH Industrial and its Manufacturers take a look at: media.cnhindustrial.com

Ahead-on the lookout statements

All statements other than statements of historical truth contained in this push launch, including competitive strengths business enterprise strategy potential economical placement or functioning effects budgets projections with respect to income, revenue, earnings (or loss) for every share, funds expenditures, dividends, liquidity, cash structure or other financial things charges and strategies and aims of management about functions and items, are ahead-hunting statements. Ahead seeking statements also incorporate statements pertaining to the long term general performance of CNH Industrial and its subsidiaries on a standalone foundation. These statements may possibly consist of terminology these kinds of as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “outlook”, “continue”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “prospects”, “plan”, or related terminology. Ahead-seeking statements are not ensures of future general performance. Instead, they are centered on recent sights and assumptions and entail recognized and unknown threats, uncertainties and other factors, a lot of of which are outside our handle and are hard to predict. If any of these threats and uncertainties materialize (or they come about with a diploma of severity that the Business is unable to predict) or other assumptions fundamental any of the ahead-seeking statements confirm to be incorrect, including any assumptions with regards to strategic plans, the actual effects or developments might vary materially from any potential final results or developments expressed or implied by the forward-on the lookout statements. Elements, hazards and uncertainties that could trigger genuine benefits to differ materially from all those contemplated by the forward-wanting statements consist of, among the others: economic situations in every of our markets, together with the important uncertainty prompted by the war in the Ukraine the duration and economic, operational and fiscal impacts of the worldwide COVID-19 pandemic creation and provide chain disruptions, like field capability constraints, content availability, and world wide logistics delays and constraints the quite a few interrelated components that have an impact on client self-assurance and around the world demand from customers for money products and money products-connected solutions modifications in govt insurance policies concerning banking, monetary and fiscal policy legislation, especially pertaining to funds merchandise-related difficulties such as agriculture, the environment, debt aid and subsidy method procedures, trade and commerce and infrastructure enhancement authorities policies on international trade and expenditure, like sanctions, import quotas, money controls and tariffs volatility in international trade brought about by the imposition of tariffs, sanctions, embargoes, and trade wars steps of rivals in the different industries in which we compete improvement and use of new systems and technological problems the interpretation of, or adoption of new, compliance needs with respect to motor emissions, security or other areas of our merchandise labor relations fascination prices and forex exchange fees inflation and deflation strength price ranges rates for agricultural commodities and product price will increase housing commences and other development exercise our capacity to get hold of funding or to refinance current financial debt selling price pressure on new and made use of products the resolution of pending litigation and investigations on a large array of subject areas, such as supplier and provider litigation, mental home legal rights disputes, products guarantee and defective solution claims, and emissions and/or gasoline economic climate regulatory and contractual problems security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technological know-how infrastructure of CNH Industrial and its suppliers and sellers stability breaches with respect to our goods our pension options and other article-work obligations political and civil unrest volatility and deterioration of money and fiscal markets, such as pandemics, terrorist attacks in Europe and in other places our capability to know the anticipated gains from our business initiatives as element of our strategic approach our failure to understand, or a hold off in recognizing, all of the expected advantages of our acquisitions, joint ventures, strategic alliances or divestitures and other identical pitfalls and uncertainties, and our accomplishment in running the challenges associated in the foregoing.

Forward-hunting statements are based on assumptions relating to the aspects explained in this press release, which are in some cases based on estimates and details gained from 3rd events. These types of estimates and info are generally revised. Actual results could differ materially from the ahead-searching statements as a consequence of a amount of risks and uncertainties, quite a few of which are outside the house CNH Industrial’s command. CNH Industrial expressly disclaims any intention or obligation to supply, update or revise any ahead-searching statements in this announcement to replicate any improve in anticipations or any improve in gatherings, ailments or instances on which these forward-hunting statements are based. More facts regarding CNH Industrial, such as things that likely could materially have an impact on CNH Industrial’s financial benefits, is integrated in CNH Industrial’s reviews and filings with the U.S. Securities and Trade Fee (“SEC”), the Autoriteit Financiële Markten (“AFM”) and Commissione Nazionale per le Società e la Borsa (“CONSOB”).

All long run created and oral ahead-looking statements by CNH Industrial or folks acting on the behalf of CNH Industrial are expressly capable in their entirety by the cautionary statements contained herein or referred to over.

Contacts:

Media Relations
Email: [email protected]

Investor Relations
Electronic mail: [email protected]

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