London, May 24, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has commenced the fourth $50 million tranche (the “Fourth Tranche”) of its $300 million share buyback program previously announced on July 29, 2022 (the “Program”). The Company completed transactions May 15, 2023 through May 17, 2023, reported in aggregate, based on automatic orders placed with the Company’s broker (who has made its trading decisions as to the timing of the purchases independently of the Company and on the basis of instructions given before the commencement of the Company’s closed period under the applicable regulations) as set forth in the table below.

Date	Number of common shares purchased	Average price per share excluding fees (€)	Consideration excluding fees (€)	Consideration(*)excluding fees ($)
May 15, 2023	191,000	12.8875	2,461,512.50	2,677,141.00
May 16, 2023	194,000	12.7252	2,468,688.80	2,686,180.28
May 17, 2023	170,017	12.5850	2,139,663.95	2,317,042.09
	555,017	-	7,069,865.25	7,680,363.37

(*) All translations determined from Euro to US Dollar at the exchange rate reported by the European Central Bank on the date of each purchase

 

As of May 19, 2023, the Company held 25,589,270 common shares in Treasury.

Details of the transactions described in the table above, including the regulated markets where the purchases were made, are available on the Company’s corporate website under the Buyback Programs section at the following address: bit.ly/CNHI_Buy_Back.