CNH INDUSTRIAL STRENGTHENS ITS PRESENCE IN INDIA WITH STATE-OF-THE-ART TECHNOLOGY CENTER

New Delhi, March 8, 2022

CNH Industrial (NYSE: CNHI / MI: CNHI), a global leader in agriculture and construction, has officially inaugurated its new India Technology Center (ITC) in the city of Gurugram, located southwest of the country’s capital New Delhi in northern India. This strategic hub is an integral part of the Company’s global R&D footprint focusing on Product Development and digital solutions.

The ITC is the first of its kind in the country for CNH Industrial, equipped with the latest technology and capabilities including an innovation center, vehicle simulation and a state-ofthe-art Extended Reality/Virtual Reality laboratory to support global technology-led projects. The Center has been operational since March 2021 and considering its early returns, the addition of further design development spaces for additive manufacturing, embedded software, data analytics, and User Interface & User Experience (UI/UX) with advanced simulation capabilities are foreseen. This site will play a strategic role for collaborative efforts with its sister R&D centers around the world to innovate and leverage the leading-edge technology and digital ecosystem in India, with increased efficiencies to benefit customers.

The Center will also focus on developing core competencies in customer-influenced software solutions and technologies including cloud, embedded, electrification, autonomous, advanced analysis, simulation, automation and mechanical & electrical design.

Located in the Gurugram SEZ (Cyber City), the ITC employs over 100 people, and is currently recruiting more through a rigorous and discerning talent search that prioritizes diversity.

“India’s vast potential, thriving economic development and highly-skilled talent pool make it an attractive market for the expansion and growth of our business,” said Chun Woytera, President Asia Pacific, CNH Industrial. “In the last 10 years, CNH Industrial has invested significantly in our Indian manufacturing, R&D, supply base and supply chain development, among other areas. The new ITC will strengthen our vision of making India a technology hub and showcasing the capabilities and opportunities it provides across the agriculture and construction sectors.”​