London, March 23, 2022

CNH Industrial has a long history in Flanders, with significant investments dedicated to its R&D, manufacturing and commercial operations. The Company’s Zedelgem site commenced operations in 1906 as a medium-sized local business producing harvesting equipment and is still located on the street named after its founder, Leon Claeys. Through the years, the site has expanded considerably, and is today home to the New Holland Agriculture, a global agricultural brand of CNH Industrial, Center of Excellence for Harvesting. The most recent renovations took place in 2017 to enhance its engineering labs and production lines. Today the site employs some 2,900 people, of which 400 are engineers. Continued investments will see the Company integrate new energy sources and further automation.

“Our facilities in Flanders are key to our global strategic operations: the Zedelgem plant currently houses our global R&D Center of Excellence for forage harvesters, large square balers and combine harvesters. Our Antwerp plant is crucial in delivering tractor components to sister sites across the globe,” said Tom Verbaeten, Chief Supply Chain Officer, CNH Industrial. “We are committed to further investing in and recruiting for our operations in the region, which has a unique collaborative ecosystem of universities, incubators, multinationals and start-ups. Our sites are also advantageously close to major ports and transport routes, favoring streamlined logistics, and the efficient transport of our products to even the most remote markets."