On March 24, 2026, CNH Industrial N.V. announced that two members of its Board of Directors, Ms. Asa Tamsons and Mr. Richard J. Kramer, have decided not to seek re-election at the conclusion of their current terms. This decision will take effect following the 2026 Annual Stockholders Meeting. The company clarified that their departure is not due to any disagreements regarding the company's operations, policies, or practices. The Board expressed gratitude for their contributions during their tenure. In light of these changes, the Governance and Sustainability Committee has recommended Mr. Richard Palmer and Mr. Lorenzo Simonelli as nominees for election to the Board, aiming to fill the vacancies left by Ms. Tamsons and Mr. Kramer. This transition reflects the company's ongoing commitment to strong governance and leadership continuity as it navigates its strategic objectives in the coming years.

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