London / Turin, June 30, 2022 — CNH Industrial N.V. (CUSIP: N20944 109; ISIN: NL0010545661; TICKER: CNHI) and Iveco Group N.V. (ISIN: NL0015000LU4; TICKER: IVG) have announced the completion of corporate actions related to the spin-off of CNH Industrial’s On-Highway business into Iveco Group N.V., which officially took effect on January 1, 2022.

As of 5 PM Eastern Time on June 24, 2022, several CNH Industrial shareholders who were entitled to receive common shares of Iveco Group N.V. (accounting for just over 1% of the total issued shares) did not provide the necessary details for a securities account with Monte Titoli S.p.A., the designated intermediary for the delivery of these shares. Consequently, the shares that were not delivered are referred to as “Undelivered IVG Shares.”

In accordance with the demerger documentation, Citigroup Global Markets Europe AG has been designated to facilitate the sale of these Undelivered IVG Shares on Euronext Milan, following established regulations and market practices. Once the shares are sold, the total net proceeds (after deducting all relevant transaction costs, including brokerage, administration, and foreign exchange fees) will be allocated to the affected shareholders. They will receive their proportional share of the total proceeds in U.S. dollars, either via check or wire transfer, provided they have submitted their bank account information to Computershare Trust Co N.A. (the transfer agent for CNH Industrial). Payment dates are not yet confirmed, but shareholders who do not receive payment by July 31, 2022, are encouraged to contact Computershare Trust Co N.A.

For more details regarding the allocation of Iveco Group common shares to CNH Industrial shareholders and the settlement of Undelivered IVG Shares, please visit the corporate website of Iveco Group N.V.

About CNH Industrial:
CNH Industrial (NYSE: CNHI / MI: CNHI) is a leading global equipment and services company dedicated to breaking new ground through Innovation, Sustainability, and Productivity. The company provides strategic direction and invests in research and development to support its brands worldwide. Key brands include Case IH and New Holland Agriculture, which offer comprehensive agricultural solutions, as well as CASE and New Holland Construction, delivering a full range of construction equipment. With over 37,000 employees, CNH Industrial is committed to empowering customers to build a better world through innovative solutions. For additional information, visit cnhindustrial.com.

About Iveco Group N.V.:
Iveco Group N.V. (MI: IVG) is a prominent global player in the automotive sector, specializing in Commercial & Specialty Vehicles, Powertrain, and related Financial Services. The group comprises eight well-established brands, including IVECO, a leader in the commercial vehicle industry, and FPT Industrial, a key provider of advanced powertrain technologies. Employing around 34,000 individuals globally, Iveco Group operates 28 manufacturing plants and 29 R&D centers. For further details, visit ivecogroup.com.