Category: Press Releases

– Top Schneider Electric executives attending World Economic Forum annual gathering. – Sustainability and energy resilience at the top of the corporate and public policy agenda.

Far greater deployment of existing technologies is needed to keep climate change from spiraling out of control, Schneider Electric, the leader in the digital transformation of energy management and automation, urged today.

Accelerating climate change, geopolitical tensions, see-sawing energy prices, and pressure from stakeholders to address these risks, have pushed environmental sustainability and energy resilience to the top of the corporate and policy agenda in recent years. They form the backdrop to the World Economic Forum’s annual meeting in Davos, Switzerland, from 15-19 January, which several senior Schneider Electric executives are attending.

“With energy accounting for 80% of carbon emissions, the energy transition is central to decarbonization,” said Peter Herweck, CEO of Schneider Electric. “The potential of AI is currently capturing everyone’s attention. But let’s not forget that existing technologies – both renewable energy generation and digital and electrification tools that lower energy demand by rendering sites and operations far more energy efficient – can sharply reduce emissions now. There’s no time to wait for tomorrow’s solutions when much more can be achieved with what we have today.”

Action from the private sector – by companies around the globe – is key to lowering emissions. Encouragingly, the business world is increasingly making commitments to sustainability and decarbonization. As of January 2024, more than 4,200 companies worldwide have set emissions-reduction targets validated by the Science Based Targets initiative (SBTi), for example.

The power of energy efficiency, in particular, is gaining more recognition. Last year, Schneider Electric partnered with the International Energy Agency to bring together government and business leaders for a major conference on the topic.

A new report published by the World Economic Forum on January 8, found that acting on energy consumption through energy savings, energy efficiency and value cooperation partnerships could unlock up to $2 trillion in savings for the wider economy, and avoid building 3,000 additional power stations if actions are taken before 2030.

And research conducted by Schneider Electric recently showed that installing digital building and power management solutions in existing buildings could sharply reduce their operational carbon emissions, with a payback period of less than three years – highlighting the huge potential in that area alone.

Challenges and opportunities in tackling Scope 3 emissions

Another key area of focus is tackling the indirect emissions generated by companies’ “Scope 3” emissions activities. These come from their upstream and downstream value chains and account for the largest part of a company’s carbon emissions – more than 70%, according to the UN Global Compact.

The global supply chain disruptions of the past few years have helped push this topic up the corporate agenda. More than two-thirds of business leaders interviewed for a report last year by Schneider Electric, in partnership with Women Action Sustainability (WAS), said that regulatory pressure was pushing them to initiate decarbonization planning with supply chain partners. Those surveyed also said they were seeing an increased demand for supply chain decarbonization information from investors and/or financial entities.

“Businesses that are serious about decarbonization need to look beyond their own operations and address their entire value chain. And they need to realize that encouraging and helping their suppliers, customers, and other business partners to strive for greater energy efficiency – through electrification and digital technologies – and cleaner energy procurement, is a huge part of the answer,” said Olivier Blum, Executive Vice President of Energy Management at Schneider Electric.

Related resources:

• Commentary, Peter Herweck: Climate change won’t wait for AI – and we must not either
• Commentary, Jean-Pascal Tricoire: Less is more: time to wake up the power of energy efficiency
• Commentary, Gwenaelle Avice Huet: Unleashing Climate Action for Profitable Business Growth
• Commentary, Olivier Blum: Toward net-zero value chains: How to minimize your Scope 3 emissions

Attachment

• Press_Release_To accelerate decarbonization, focus on the power of electrification and digitalization, Schneider Electric urges as Davos meeting kicks off.pdf

Global PR Central Team

GlobeNewswire Distribution ID 1000908722

MONACO, Jan. 12, 2024 (GLOBE NEWSWIRE) — Eighteen international teams of four for 72 under-14 sailors in total. These are the numbers of the 14th Monaco Optimist Team Race, organised by Yacht Club de Monaco with support from Monaco Marine, FxPro, sailing gear supplier Slam, the Erplast boatyard and Peace and Sport. This international meeting tests these young people’s mastery of the team race format. It all kicked off on Wednesday 10th January at 11.00 am with the first match races, and continues through the 14th. “This event is a wonderful opportunity to highlight excellence, share knowledge and promote sailing to young generations, all Yacht Club de Monaco values which are part of our collective ‘Monaco, Capital of Advanced Yachting’ approach,” explains YCM General Secretary Bernard d’Alessandri.

The Monaco Optimist Team Race requires total concentration, precision, seamless communication and mastery of team match racing rules. Organised in duels between two teams, it is like a ballet on water with well over 150 of these match race duels scheduled over the five days, giving all teams a chance to compete against each other. The programme comprises a round-robin, quarter-finals, semi-finals and then the finals. USA, Sweden, Uruguay, Ireland, Switzerland, Austria, Belgium, Croatia, Denmark, Spain, Finland, Italy, Netherlands, Turkey, France, UK and Monaco are all represented.

To get everyone into the match race rhythm, many participated in an International Clinic (9-11 January) to help refine skills and get hands-on advice from experts supervised by international referee, Chris Atkins. With 45 years of team racing experience under his belt, this three-time British National Team Race Championship winner also coached Team Great Britain team to a gold medal at the first ISAF Team Race World Championship. President of the selectors for the British Olympic sailing team for Beijing and London, Chris Atkins is also a World Sailing umpire and judge.

For more information:
Press Office LaPresse – ufficio.stampa@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d91c6a76-f751-4198-8334-6a73480daf64

GlobeNewswire Distribution ID 9017008

NEW YORK, Jan. 12, 2024 (GLOBE NEWSWIRE) — UnitedLex, a leading data and professional services company specializing in litigation, intellectual property, contracts, compliance, and legal operations, today announces the hiring of Rajitha Boer as Chief Client Officer. She will focus on global client growth and retention, especially in the European and Asia Pacific regions, and enhancing client experience across all lines of business.

“In my experience, too often legal departments and law firms settle for imperfect solutions that don’t solve their challenges completely,” said Rajitha Boer. “UnitedLex’s culture of innovation and collaboration aligns closely with my belief that better solutions are not only possible, but absolutely essential to meet the increasing mandate to create business value and mitigate risk.”

Prior to UnitedLex, Rajitha Boer worked at Breakwater assisting with EMEA and APAC operations. In 2013, she founded Yerra Solutions, with the belief that consulting services consist of more than template-based solutions and billable hours, before selling the company to Elevate in 2019. Rajitha Boer has successfully established global operations across three continents and began her career working with the law and intellectual property departments of major international corporations for more than 17 years.

“Rajitha brings decades of experience growing companies through a philosophy that one-size-does-not-fit-all when it comes to strategic client solutions. She has demonstrated a keen understanding that legal departments’ and law firms’ challenges are not all the same and cannot all be solved with off-the-shelf answers,” said James Schellhase, UnitedLex CEO. “Her wealth of expertise in eDiscovery, IP, and legal managed services will greatly support UnitedLex’s enterprise sales and account management efforts.”

Rajitha Boer’s hiring continues a string of key hires, including adding James Schellhase as the new CEO. These critical hires will help cultivate next-generation, AI-centric solutions in UnitedLex’s innovation incubator, delivered through collaboration with clients and tailored to meet their needs in an evolving legal landscape.

In 16 years, UnitedLex has grown from five employees to more than 3,000 across nine offices in 26 global jurisdictions, including a well-established team of over 1,600 operating across two locations in India, Gurugram and Bengaluru. The company’s more than 600 clients include 25 percent of the Fortune 100 that have a combined $2 trillion in revenue.

To learn more about UnitedLex, visit www.unitedlex.com.

About UnitedLex
UnitedLex is a data and professional services company delivering outcomes that create value for high-performing law firms and corporate legal departments in the areas of digital litigation, intellectual property, contracts, compliance, and legal operations. Founded in 2006 with a mission to push the boundaries of legal innovation, we provide solutions that enable measurable performance improvement, risk mitigation, revenue gain, cost reduction, and digital business synergy. Our team of 3,000+ legal, data, and technology professionals supports our clients from operational centers around the world.

Media Inquiries
Susan Hammann
Director of Strategic Communications
press@unitedlex.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d79fa223-84ec-4bd6-9483-65e4fa04bbf8

GlobeNewswire Distribution ID 9016804

CHICAGO, Jan. 11, 2024 (GLOBE NEWSWIRE) — Amlan^® International, the animal health business of Oil-Dri^® Corporation of America, is proud to announce its participation in the upcoming International Production and Processing Expo (IPPE), from January 30^th to February 1^st in Atlanta, Georgia. Amlan is set to showcase its commitment to advancing animal health and feed technology through multiple on-site presentations. The Amlan team looks forward to engaging with an international audience of animal production professionals, sharing comprehensive insights into its range of mineral based feed additives with attendees, media, and fellow exhibitors at booth B15005.

NeutraPath^®, natural pathogen control, will be featured in the expo’s New Product Showcase and will be the primary focus of Dr. Aldo Rossi’s seminar, Mitigate Performance Challenges to Drive Profits Naturally. The seminar will focus on Natural Solutions for Gut Health and is being hosted by Poultry World. Amlan believes IPPE is an unparalleled opportunity to engage with industry professionals, share insights, and unveil solutions that address the evolving needs of animal producers.

“Our team is looking forward to sharing the latest NeutraPath research,” said Dr. Wade Robey, President, Amlan International. “This innovative product has a synergistic formula with multiple modes of action that is shown to provide equivalent performance to industry standard antibiotics. The natural feed additive has been proven to reduce pathogenic bacterial load and colonization, improve performance of pathogen-challenged poultry and livestock, and reduce mortality.”
Attendees can learn more about the latest in protein and feed technology throughout the IPPE week with Amlan’s sponsored events.

On Monday, January 29:

• International Poultry Scientific Forum (IPSF): Dr. Charles Hofacre from Southern Poultry Research will deliver an oral presentation titled “Effect of essential oils, fatty acid, and mineral blend product on a live Salmonella vaccine in a Salmonella Infantis challenge model,” Room B312, 1:00 p.m.
• IPSF: Dr. San Ching from Amlan International will present a poster on how Calibrin^®-Z decreases effects of Aflatoxins, Fumonisins, and T-2 toxin in broilers, B311-B315, 4:00-6:00 p.m.

Tuesday, January 30:

• TECHTalk: Dr. Brett Lumpkins from Southern Poultry Research will present, “Feed Additive Alternatives for Coccidiosis and Necrotic Enteritis Control,.” B Hall, Booth B48027, 11:30.a.m.
• Poultry World Seminar: Dr. Aldo Ross from Amlan International, will present, “Mitigate Performance Challenges to Drive Profits Naturally” at Poultry World’s Natural Solutions for Gut Health seminar, Room B407, 12:00-1:30 p.m. Register at poultryworld.com

“Presentations at this scale provide an invaluable platform for us to address and learn about industry-specific technical challenges,” says Dr. Aldo Rossi, Vice President, Innovation and Technical Service, Amlan International. “We take pride in our safe, effective, and consistent mineral feed additives for poultry and livestock. Our goal is to help our partners efficiently elevate the standard of producing animal protein and we are excited about sharing these innovative solutions with global producers.”

“Amlan remains dedicated to fostering industry collaboration,” says Reagan Culbertson, Vice President of Strategic Marketing, B2B. “We invite all attendees, media, and fellow exhibitors to visit booth B15005 to learn more about our diverse range of products.”

For more information on Amlan International, please visit: www.amlan.com

Company Information:
Amlan is the animal health business of Oil-Dri Corporation of America, a leading global manufacturer and marketer of sorbent minerals. Leveraging over 80 years of expertise in mineral science, Oil-Dri Corporation of America, doing business as “Amlan International,” is a publicly traded stock on the New York Stock Exchange (NYSE: ODC). Amlan International sells feed additives worldwide. Product availability may vary by country, associated claims do not constitute medical claims, and may differ based on government requirements.

410 North Michigan Avenue | Suite 400 | Chicago, Illinois 60611 | United States of America

+1 312 321 1515 | info@amlan.com | www.amlan.com

Contact:
Reagan Culbertson, Vice President of Strategic Marketing, B2B,
Email: Reagan.culbertson@amlan.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e23194f1-5590-483a-a5a8-583eb084c2a1

GlobeNewswire Distribution ID 9016794

ลอนดอน, Jan. 12, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) ซึ่งเป็นธนาคารเพื่อการลงทุนที่เชี่ยวชาญด้านตลาดเกิดใหม่ ได้บรรลุข้อตกลงเงินกูไม่กู้ไม่ด้อยค่าจำนวน 30.0 ล้าน USD สำหรับ Citizens Development Business Finance PLC (CDB) ซึ่งตั้งอยู่ในศรีลังกา EMGA เป็นผู้ริเริ่ม จัดทำ และดำเนินการเจรจาต่อรองในข้อตกลงทางการเงินนี้ โดยได้รับความช่วยเหลือทางการเงินจาก U.S. International Development Finance Corporation (DFC)

Sajeev Chakkalakal ซึ่งเป็นหัวหน้าวาณิชธรกิจของ EMGA กล่าวว่า “แม้จะพบกับอุปสรรคต่าง ๆ มากมาย แต่เรามีความยินดีที่สามารถมอบนวัตกรรมโซลูชันด้านเงินทุนให้แก่ CDB ได้อีกครั้ง เราเชื่อว่านี่คือหมุดหมายสำคัญ โดยเป็นการบรรลุข้อตกลงทางการเงินจากภายนอกที่ให้แก่สถาบันการเงินที่มิใช่ธนาคารพาณิชย์ของศรีลังกาครั้งแรกในรอบหลายปี และยังทำให้ CDB สามารถสนับสนุนธุรกิจ SME ต่อไป รวมถึงองค์กรที่มีสตรีเป็นเจ้าของ และภาคส่วนพลังงานหมุนเวียนของประเทศอีกด้วย”

Jeremy Dobson ซึ่งเป็นประธานเจ้าหน้าที่ฝ่ายปฏิบัติการของ EMGA กล่าวว่า “สถานะทางการเงินที่มั่นคงของ CDB ทำให้ EMGA สามารถฝ่าแรงต้านด้านเศรษฐศาสตร์มหัพภาคในศรีลังกาจนบรรลุข้อตกลงด้านเงินทุนครั้งนี้ ความสำเร็จครั้งนี้ไม่เพียงแต่เน้นย้ำถึงความเชี่ยวชาญของ EMGA ในการดำเนินการในภูมิทัศน์ภาคการเงินที่ซับซ้อนเท่านั้น แต่ยังแสดงให้เห็นถึงความสำเร็จในการร่วมมือระหว่าง EMGA, CDB และ DFC เพื่อเป็นแบบอย่างเชิงบวกให้แก่สถาบันทางการเงินชั้นนำของศรีลังกาในการบรรลุข้อตกลงด้านเงินทุนจากภายนอกในสภาพเศรษฐกิจอันยากลำบาก”

Maryam Khosharay รักษาการแทนรองประธานสำนักงานเครดิตเพื่อการพัฒนาของ DFC กล่าวว่า “เรามีความยินดีเป็นอย่างยิ่งที่สามารถบรรลุข้อตกลงของ DFC ในการสนับสนุนการลงทุนในศรีลังกาต่อไป โดยเฉพาะความก้าวหน้าด้านการเงินสำหรับสตรีและสินทรัพย์เพื่อสิ่งแวดล้อมในช่วงเวลาที่ประสบอุปสรรคทางเศรษฐกิจและราคาพลังงานสูง”

Roshan Abeygoonewardena ซึ่งเป็นผู้อำนวยการฝ่ายการเงินธุรกิจของ CDB กล่าวถึงธุรกรรมครั้งนี้โดยให้ความเห็นว่า CDB ได้ช่วยสร้างเสริมความมั่นคงให้ฐานพีระมิดอย่างต่อเนื่องในฐานะจริยธรรมสำคัญของวาระด้านความยั่งยืน “สำหรับนักลงทุนสตรีแล้ว ส่วนจุลภาคและ SME คือส่วนที่วงล้อเศรษฐกิจหมุนเป็นพิเศษ การให้ความสำคัญกับการส่งเสริมสตรีในโมเดลธุรกิจของเราด้วยการเข้าถึงการเงิน ซึ่งจะช่วยกระตุ้นความเป็นอิสระทางการเงินและการยอมรับความแตกต่าง จะเป็นกลไกสำคัญในการกระตุ้นการพัฒนาและวาระทางเศรษฐกิจของศรีลังกา”

Emerging Markets Global Advisory LLP (EMGA) ซึ่งตั้งอยู่ในลอนดอนและนิวยอร์กได้ช่วยสถาบันและองค์กรทางการเงินต่างๆ ในการสรรหาเงินทุนจากการกู้หรือจากหุ้น ทีมงานนานาชาติของ EMGA มีประสบการณ์รวมกันหลายทศวรรษที่จำเป็นต่อการทำธุรกรรมให้สำเร็จในประเทศตลาดเกิดใหม่ส่วนใหญ่ รวมถึงศรีลังกา EMGA ขยายตัวไปทั่วโลกอย่างไม่หยุดยั้ง และยกสถานะเป็นธนาคารเพื่อการลงทุนชั้นนำที่มุ่งเน้นในตลาดเกิดใหม่

Citizens Development Business Finance PLC (CDB) เป็นหนึ่งในห้าสถาบันการเงินที่มิใช่ธนาคารพาณิชย์ที่ใหญ่ที่สุดในศรีลังกา และเป็นหนึ่งในสถาบันการเงินที่ทันสมัยที่สุดในประเทศ โดยมีความมุ่งมั่นอย่างแรงกล้าต่อความยั่งยืน บรรษัทภิบาลอันเป็นแบบอย่าง ความรับผิดชอบ และความโปร่งใส โด่งดังด้านการปฏิวัติอุตสาหกรรมบริการทางการเงินด้วยนวัตกรรมทางเทคโนโลยีอันกว้างขวางและโซลูชันทางการเงินที่ล้ำสมัย

U.S. International Development Finance Corporation (DFC) เป็นสถาบันพัฒนาทางการเงินของรัฐบาลสหรัฐอเมริกา DFC ร่วมมือกับภาคเอกชนเพื่อสนับสนุนโซลูชันทางการเงินให้แค่ประเทศกำลังพัฒนาที่ประสบปัญหาทางการเงินอย่างร้ายแรงที่สุดในปัจจุบัน เราลงทุนในหลายภาคส่วน รวมถึงพลังงาน การดูแลสุขภาพ โครงสร้างพื้นฐาน เกษตรกรรม และธุรกิจขนาดเล็กและบริการทางการเงิน DFC ลงทุนโดยยึดถือมาตรฐานที่สูงและเคารพต่อสิ่งแวดล้อม สิทธิมนุษยชน และสิทธิแรงงาน

รายละเอียดการติดต่อ
info@emergingmarketsglobaladvisory.com

GlobeNewswire Distribution ID 1000908404

CNH and HD Hyundai announce joint innovation program for the construction sector at CES

Las Vegas, January 11, 2024

CNH and HD Hyundai announced a new development in their longstanding collaboration at the CES Show in Las Vegas, USA today.

Stefano Pampalone, President Construction at CNH and Young-Cheul Cho, President and CEO of HD Hyundai XiteSolution (HDX), the controlling company of HD Hyundai Construction Equipment and HD Hyundai Infracore, signed a Memorandum of Understanding to establish a joint research center in the United States.

CNH and HDX possess an extensive background in construction with unique areas of expertise and strengths. This strategic collaboration aims to expand upon their existing capabilities to accelerate the development and investment in innovative technologies for customers in the construction industry.

The CE Innovation Lab will be dedicated to exploring innovation opportunities in the construction sector. The team, comprised of both CNH and HDX construction specialists, will study emerging technology trends, map new and evolving customer needs and identify prospects for portfolio enhancements and further growth. Their work together will advance the development and widespread adoption of new technologies, such as automation and Artificial Intelligence.

Further to this, the parties will mutually benefit from each other’s distinctive technological capabilities. HDX will supply CNH with their patented AAVM+ (Advanced Around View Monitoring Plus) 360-degree camera and radar system delivering enhanced safety. CNH will supply HDX with Global Navigation Satellite System technologies through its Hemisphere brand.

In the future, CNH and HDX anticipate expanding their collaboration within the research center to encompass the co-development of new technologies and co-investment in innovative start-ups via their CNH Ventures and HD Hyundai investment arms.

“We are excited to expand our collaboration with HDX. This joint effort will strengthen our commitment to growing CNH’s construction business and position both our companies as tech authorities in the industry,” said Stefano Pampalone – President, Construction at CNH.

“It is highly encouraging that our partnership has extended beyond our product collaboration to include future technologies, a crucial factor to remain at the forefront of the construction equipment market. We look forward to working together even more closely to lead the way in the market.” said Young-Cheul Cho, President and CEO of HDX and Hyundai Infracore Co., Ltd.

CNH Industrial (NYSE: 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 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 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’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: cnh.com

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

About HD Hyundai XiteSolutionHD Hyundai XiteSolution is the intermediate holding company in the construction equipment sector of HD Hyundai, one of South Korea’s largest heavy industries conglomerates engaged in shipbuilding, heavy equipment, and energy business.

Founded in 2021 and headquartered in South Korea, HD Hyundai XiteSolution aims to create synergy between its subsidiaries, HD Hyundai Construction Equipment (HCE) and HD Hyundai Infracore (HDI), major machine manufacturing companies with a leading position in construction equipment, engines, attachments, utility equipment and more. The two subsidiaries operate under its respective brands, Hyundai and DEVELON. While HCE and HDI each operate independently, HD Hyundai XiteSolution seeks to maximize the synergy between the two in R&D, purchasing, sales and international business.

Alongside providing optimized solutions that propel synergy, HD Hyundai XiteSolution also targets to shape and solidify its own industrial vehicle and hydraulic component business by achieving ten trillion won in sales by 2025, becoming a global top five company in the field of construction machinery, and realizing its vision to create a blueprint for the future of the construction equipment industry in Korea.

To learn more, visit: https://www.hd-xitesolution.com/?locale=en

Contacts:

CNH Media Relations                     
Email: mediarelations@cnhind.com

HDX Media Relations
Billie Lee
Email: billie.lee@hd.com

Forward-looking statements

All statements other than statements of historical fact contained in this press release, including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of management regarding operations and products, are forward-looking statements. Forward looking statements also include statements regarding the future performance of CNH Industrial and its subsidiaries on a standalone basis. These statements may include terminology such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “outlook”, “continue”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “prospects”, “plan”, or similar terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict. If any of these risks and uncertainties materialize (or they occur with a degree of severity that the Company is unable to predict) or other assumptions underlying any of the forward-looking statements prove to be incorrect, including any assumptions regarding strategic plans, the actual results or developments may differ materially from any future results or developments expressed or implied by the forward-looking statements. Factors, risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: economic conditions in each of our markets, including the significant uncertainty caused by the war in the Ukraine; the duration and economic, operational and financial impacts of the global COVID-19 pandemic; production and supply chain disruptions, including industry capacity constraints, material availability, and global logistics delays and constraints; the many interrelated factors that affect consumer confidence and worldwide demand for capital goods and capital goods-related products; changes in government policies regarding banking, monetary and fiscal policy; legislation, particularly pertaining to capital goods-related issues such as agriculture, the environment, debt relief and subsidy program policies, trade and commerce and infrastructure development; government policies on international trade and investment, including sanctions, import quotas, capital controls and tariffs; volatility in international trade caused by the imposition of tariffs, sanctions, embargoes, and trade wars; actions of competitors in the various industries in which we compete; development and use of new technologies and technological difficulties; the interpretation of, or adoption of new, compliance requirements with respect to engine emissions, safety or other aspects of our products; labor relations; interest rates and currency exchange rates; inflation and deflation; energy prices; prices for agricultural commodities and material price increases; housing starts and other construction activity; our ability to obtain financing or to refinance existing debt; price pressure on new and used equipment; the resolution of pending litigation and investigations on a wide range of topics, including dealer and supplier litigation, intellectual property rights disputes, product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual issues; security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of CNH Industrial and its suppliers and dealers; security breaches with respect to our products; our pension plans and other post-employment obligations; political and civil unrest; volatility and deterioration of capital and financial markets, including pandemics, terrorist attacks in Europe and elsewhere; our ability to realize the anticipated benefits from our business initiatives as part of our strategic plan; our failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures, strategic alliances or divestitures and other similar risks and uncertainties, and our success in managing the risks involved in the foregoing.

Forward-looking statements are based upon assumptions relating to the factors described in this press release, which are sometimes based upon estimates and data received from third parties. Such estimates and data are often revised. Actual results may differ materially from the forward- looking statements as a result of a number of risks and uncertainties, many of which are outside CNH Industrial’s control. CNH Industrial expressly disclaims any intention or obligation to provide, update or revise any forward-looking statements in this announcement to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based. Further information concerning CNH Industrial, including factors that potentially could materially affect CNH Industrial’s financial results, is included in CNH Industrial’s reports and filings with the U.S. Securities and Exchange Commission (“SEC”).

All future written and oral forward-looking statements by CNH Industrial or persons acting on the behalf of CNH Industrial are expressly qualified in their entirety by the cautionary statements contained herein or referred to above.

Attachments

• 20240111_PR_CNH_Industrial_HDX
• CNH and HD Hyundai executives at CES

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