Deere & Company at A Glance

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2022

Deere & Company


At A Glance

DKE32577 (22-05) www.JohnDeere.com


WHO WE ARE
For 185 years John Deere has led the way Our easy-to-use products and solutions We ensure seamless access to parts,
WE RUN SO LIFE CAN LEAP FORWARD
in developing innovative solutions to help deliver results our customers see in the services, and performance upgrades from This expression of John Deere’s higher purpose is new, and its
our customers become more productive. field, on the job site, and in their pockets. take-home to trade-in by providing world- meaning is derived from what we’ve believed since our very beginning:
We conduct business essential to life in class support throughout the lifecycle of We must act with urgency today to make the lives of our customers,
ways that are more sustainable for all. our customers’ equipment. In doing so, workforce, and all those we serve better tomorrow.
we will build on our track record of
We produce intelligent, connected delivering genuine customer value. John Deere’s path to success is paved by our Smart Industrial
machines and applications that are strategy and the sustainable outcomes our integrated technology
helping revolutionize the agriculture stack provides. Our customers — and key stakeholders — benefit by
and construction industries – becoming more productive, profitable, and sustainable.
and enable life to leap forward.
Our technology-driven efforts are We’re directing the power of our enterprise to deliver intelligent,
guided by a single, overarching goal connected machines and applications that will revolutionize our
– unlocking customer economic customers’ businesses, delivering value across the full lifecycle
and sustainable value. of our products in ways that are sustainable for all.

HOW ARE WE ADVANCING LIVES AND LIVELIHOODS?

$42.5 MILLION
INVESTED IN COMMUNITIES AROUND THE WORLD

$2.7 MILLION
Invested in FoodBanking Systems – This served
SOLVING OUR CUSTOMERS’ BIGGEST CHALLENGES 12.8 million meals in 2021, which equates to
over $32 million in economic relief to those
Around the world, our customers and engines for industrial and marine
most vulnerable in our home communities
face increasing challenges that make equipment as well as generator drives.
(calculated using U.S. food sales data).
their businesses more competitive Our financing arm, John Deere Financial
and dynamic. Each year John Deere
launches innovative products to meet
Services, helps customers finance
John Deere equipment. John Deere Financial Services, 124,000 Volunteer Hours
these challenges. Power Systems, Intelligent Solutions 111,000 of these hours were logged in the U.S.,
The Agriculture & Turf business is Group, and Aftermarket & Customer where the latest estimated value of volunteer
John Deere is the world’s leading comprised of the Production & Precision Support enable a competitive advantage time in the U.S. is $28.54 per hour.
manufacturer of agricultural and turf Agriculture and Small Agriculture & Turf for our equipment businesses. This means John Deere employees created
equipment. We produce products and operating segments. The Construction & Combined, this portfolio of interrelated over $3 million of additional value within
solutions to serve the construction and Forestry segment includes the Wirtgen businesses helps John Deere solve some U.S.-based communities.
forestry industries as well. In addition, roadbuilding business. of the world’s biggest challenges for
we develop drivetrain components this generation and those to come.
$3.4 MILLION
Invested in farmers – 1.4 million total farmers
were reached.
Learn more about John Deere’s efforts to support
sustainability at: deere.com/sustainability

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DEERE & COMPANY 2021 JOHN DEERE FOUNDATION’S BOLD COMMITMENT
FINANCIAL PERFORMANCE Inspired by humanity’s ability to overcome, the John Deere Foundation pledged to invest at least $200 million over the next
10 years in three groups of people: smallholder and resource-constrained farmers around the world, families and youth in
John Deere delivered exceptional results in fiscal John Deere’s home communities, and the company’s own workforce. In making this pledge, the foundation strengthened its
year 2021. Strong market conditions and healthy commitment to the United Nations’ Sustainable Development Goals by aligning its work with targets related to ending poverty,
demand for our products drove higher sales and eliminating hunger, and ensuring quality education by 2030. Here’s a look at the Foundation’s investments.
profits. Despite ongoing pandemic and supply
chain challenges, our employees and dealers around
the world kept each other safe, our factories open,
and our customers running.
$50 MILLION
in farmers throughout the world to bolster their capacity
$44,024 to make a living, feed a growing global population,
NET SALES & REVENUES $39,258
$35,540 reduce inequality, and protect the world around us.

$44.02
Through its work with a range of global partners that
serve smallholder and resource-constrained family
farmers, the foundation will help 15 million farmers
BILLION unlock their enormous potential.
2019 2020 2021

$5,963
NET INCOME
(attributable to Deere & Company)
$100 MILLION
$5.96
$3,253
$2,751
in the families and youth who live, work, and learn in
John Deere’s home communities to ensure their inclusive
BILLION 2019** 2020 2021
and equitable access to resources and educational
opportunities critical for human dignity and self-sufficiency.
Annual investments of $2 million in food banks will provide
$5,128 the equivalent of 100 million meals over the next decade,
SHAREHOLDER
VALUE ADDED* and investments in youth education will reach at least
1 million underserved and underrepresented youth.

$5.13 $1,641 $1,679

BILLION 2019 2020 2021

$50 MILLION
The amounts shown in the charts above represent millions of dollars.
*SVA is a non-GAAP financial measure.
**Net income in 2019 was positively affected by $68 million due to discrete income
tax adjustments related to U.S. tax reform. in John Deere’s extraordinary workforce — our greatest
asset — to further mobilize and build on their enormous
volunteer talents and generosity to strengthen their
communities and improve lives around the world.

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INCREMENTAL ADDRESSABLE MARKET OPPORTUNITY

>$150 BILLION
EXECUTING OUR STRATEGY

PRODUCTION & PRECISION AG SMALL AG & TURF CONSTRUCTION & FORESTRY

By 2026 By 2026 By 2026


– Reach 500 million engaged acres* – Ensure 100% of new Small Ag – Deliver 20+ electric and hybrid-electric
with 50% highly engaged** equipment is connectivity enabled product models
– Offer an electric option in each – Earthmoving: Increase SmartGrade™
By 2030 Turf and Compact Utility Tractor grade control adoption to 50%
– Ensure 75% of engaged acres are product family – Forestry: Boost Intelligent Boom
sustainably engaged acres*** – Deliver a fully autonomous, Control adoption to 100%
battery-powered electric a g tractor
– Roadbuilding: Increase Precision
to the market
Roadbuilding Solutions adoption to 85%

DELIVER ONGOING Connect 1.5 million machines by 2026


VALUE TO CUSTOMERS Demonstrate viable low/no carbon alternative power solutions by 2026
IN ALL THREE
BUSINESS SEGMENTS Grow enterprise recurring revenue to 10% by 2030

FINANCIAL AND SUSTAINABLE OUTCOMES


Equipment Operations OROS at 20% by 2030
LEAPING FORWARD Enhance Ag Customer
Outcomes by 2030
Product Circularity by 2030
– Achieve 95% recyclable
Reduce Environmental Footprint
by 2030
Our customers face increasing optimize their complete operations – We’ve committed to achieving these – Improve nitrogen use product content – 50% of operational CO2e emissions
challenges that make their businesses ensuring that every hour, every drop, goals within four-year (2026) and efficiency 20%† – Ensure 65% of product content is (Scope 1 & 2)
more competitive and dynamic. every seed, every pound, and every pass eight-year (2030) periods. These Leap – Increase crop protection sustainable material – 30% of upstream and downstream
Our Leap Ambitions are the measures efficiency 20%† – Grow 50% in remanufacturing revenue CO2e emissions (Scope 3)
counts – and to deliver better outcomes Ambitions mean great things for our
of our Smart Industrial business strategy, with fewer resources. customers, employees, investors, dealers, – Reduce 15% of customer – 15% of waste intensity
which is designed to help address suppliers, and others who have a stake CO2e emissions† Safety by 2026 – 10% freshwater consumption
these challenges. Our Leap Ambitions are focused goals in John Deere. – Improve Total Recordable Incident intensity at water-stressed
designed to boost economic value and Rate 20% manufacturing locations
Our ambitions align across our sustainability for our customers.
customers’ production systems to * Engaged acres is one of the foundational measures of customers’ ** Highly engaged acres include documentation of more than one *** Sustainably engaged acres include incorporation of two or more
use of the John Deere Operations Center (our online farm production step and 10 or more digital, value-creating activities sustainable John Deere technology solutions or sustainable practices
management system). It reflects the number of unique acres with over a 12-month period. over a 12-month period.
at least one operation pass documented in the Operations Center
in the past 12 months. †Per unit of output
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JOHN DEERE TODAY
Although we’ve been around for close to two centuries,
we’re focused on innovating and leading. Our team of more
than 75,000 global employees uses their creativity each day
to solve some of the world’s biggest problems.

MORE THAN

100
LOCATIONS GLOBALLY

75,600
FULL-TIME EMPLOYEES

48%
CONSOLIDATED NET SALES AND REVENUES
OCCUR OUTSIDE THE UNITED STATES

#88
FORTUNE 500 COMPANIES

CONSTRUCTION
& FORESTRY
PRODUCTION &

29% SALES BY
PRECISION AG

SEGMENT
41%
SMALL AG & TURF

30%
ASIA, AFRICA, AUSTRALIA,
NEW ZEALAND & MIDDLE EAST

LATIN AMERICA
11%
10% SALES BY
EUROPE & CIS
MA JOR U.S. & CANADA
MARKETS
22% 57%
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World
WEHeadquarters
RUN SO LIFE CAN LEAPEuropean
FORWARDHeadquarters Latin American Headquarters
Deere & Company, One John Deere Place John Deere-Strasse 70 Deere & Company Escritório Regional
Moline, IL 61265-8098 68163 Mannheim, Germany Latino Americano, Rodovia Ermênio de Oliveira
(309) 765-8000 +49-621-829-01 Penteado, km 57,5, Prédio 1, Indaiatuba – SP
+55-19-3318-8100

JOHN DEERE MANUFACTURING, ENGINEERING, AND TECHNOLOGY CENTERS


LOCATIONS IN THE UNITED STATES LOCATIONS OUTSIDE THE SELECT NON-JOHN DEERE
California UNITED STATES BRANDED LOCATIONS
San Francisco: technology center Argentina A & I / Sunbelt Outdoor Products
Torrance: navigation products Rosario: engines and components, ag tractors United States
and combines Rock Island, Illinois: All-Makes Parts
Georgia Brazil Rock Valley, Iowa: All-Makes Parts
Grovetown: compact utility and utility tractors Campinas: computer software Charlotte, North Carolina: All-Makes Parts
Illinois Catalão: sugarcane harvesters, sprayers
Horizontina: combine harvesters, headers, Bear Flag Robotics
Champaign: technology center United States
planting equipment
East Moline: combine harvesters, headers Indaiatuba: backhoe and 4WD loaders, Newark, California: technology center
Moline: technology center, planting equipment, hydraulic excavators
hydraulic cylinders, product engineering Montenegro: agricultural tractors, product engineering
Blue River Technologies
United States
Silvis: Global Harvester Product Development Center Canada Sunnyvale, California: technology center
Langley: forestry swing machines (log loader, processor,
Iowa delimber, and road builder configurations) Hagie
DEERE FAMILY OF BRANDS Ames: technology center
Des Moines: application equipment, cotton harvesters,
China United States
Jiamusi: combine harvesters, cotton harvesting Clarion, Iowa: high-clearance sprayers and detasselers
seeding & tillage equipment, product development equipment Harvest Profit
Deere & Company offers a portfolio of more than 25 brands to provide a full line of innovative solutions for centers (application & cotton harvesting), Tianjin: ag tractors, 4WD loaders, hydraulic excavators, United States
technology center, software development engines, transmissions, ag product engineering
our customers in a variety of production systems throughout the lifecycle of their machines. A sampling of Davenport: articulated dump trucks, cabs, felling heads, Finland
Fargo, North Dakota: technology center

these brands is shown here. 4WD loaders, motor graders, skidders, wheeled Joensuu: forestry harvesters, forestry forwarders, King Agro
harvesting heads Argentina
feller bunchers
Tampere: forestry technology and engineering center Campana: design and manufacture of carbon fiber
Dubuque: backhoe loaders, compact track loaders,
France sprayer booms and other composites
crawler dozers, high-speed dozers, knuckleboom Spain
Arc-lès-Gray: front loaders, hay equipment,
loaders, skid-steer loaders, tracked feller bunchers, product engineering Valéncia: sprayer booms
tracked harvesters Saran: engines, product engineering
Ottumwa: hay equipment and product engineering
Kreisel Electric, Inc.
Germany Austria
Paton: planting equipment, tillage equipment Bruchsal: forage harvester cabs, ag tractor
Rainbach im Mühlkreis: electric batteries
Waterloo: engines, ag tractors, components, and combine cabs
product engineering, ag equipment technology Kaiserslautern: engineering and technology center Mazzotti
development, foundry Mannheim: ag tractors, product engineering Italy
Stadtlohn: headers, pickups, product engineering Ravenna: sprayers for traditional and high value crops
Kansas Zweibrücken: combine and forage harvesters,
product engineering
Monosem
Coffeyville: power transmission equipment
United States
Louisiana India
Edwardsville, Kansas: planters
Dewas: ag tractors
Thibodaux: sugarcane harvesters and loaders, scrapers, Lonkiland: technology center France
cotton strippers, product engineering Pune: ag tractors, engines, transmissions, electronics, Largeasse: planters and in-row cultivators
technology center Moncoutant: weldments
Missouri
Sirhind: combine harvesters Bressuire: R&D
Springfield: remanufactured engines and components
Israel PLA
North Carolina Beit Hashita: cotton picker repair parts, row units Argentina
Cary: ag and turf product engineering Mexico Las Rosas: sprayers and planters
Fuquay-Varina: commercial mowers, golf and sports turf Monterrey: components, implements, rotary cutters, Brazil
mowers, utility vehicles planter and tillage equipment, technology and Canoas: sprayers
Kernersville: hydraulic excavators engineering center
Ramos: tractor-mounted loaders, hydraulic cylinders, Wirtgen
North Dakota front-end ag and utility tractor loaders, Brazil
Fargo: electronics design and manufacturing cabins, components Porto Alegre: cold milling machines, road pavers,
Valley City: seeding and tillage equipment Saltillo: ag tractors, components, product engineering rollers, mixers
Morrisville: product engineering Torréon: engines, electronics, axles China
Netherlands Langfang: cold milling machines, road pavers,
Tennessee Horst: spraying equipment rollers, mixers
Greeneville: lawn tractors, zero-turn New Zealand Germany
mowers, attachments Tokoroa: forestry harvest headers Göppingen: mobile crushers, mobile screening plants,
Texas Russia mobile stackers
Austin: technology center Orenburg: ag tractors, combine harvesters, Ludwigshafen am Rhein: road pavers, screeds,
seeding and tillage equipment power feeders
Wisconsin Spain Tirschenreuth: compactors, rollers
Horicon: lawn and garden equipment, utility vehicles, Getafe: transmissions, drives and gearboxes, Windhagen: cold milling machines, soil stabilizers,
golf and sports turf reel mowers gears and shafts, product engineering recyclers, slipform pavers, surface miners
Wittlich: asphalt mixing plants, retrofit equipment
India
Pune: road pavers, rollers, screens
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