News Release   December 01, 2021

John Deere employees break new ground by finalising agreements

Crestmead, Queensland (1 December 2021) — THE INTERNATIONAL Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) agreed, on 17 November 2021, to ratify new six-year collective bargaining agreements between John Deere and its production and maintenance employees, covering more than 10,000 workers at 14 facilities across the United States.

John Deere Chairman and Chief Executive Officer, John C. May, said he was pleased the agreements, which will deliver better outcomes for employees and customers, had been reached.

"I'm pleased our highly skilled employees are back to work building and supporting the industry-leading products which make our customers more profitable and sustainable," Mr May said.

"John Deere's success depends on the success of our people. Through our new collective bargaining agreements, we're giving employees the opportunity to earn wages and benefits that are the best in our industries and are groundbreaking in many ways. We have faith that, in return, our employees will find new and better ways to improve our competitiveness and transform the way our customers do their work. Together, our future is bright."

Please visit one.deere.com for details on the ratified agreements.

About Deere & Company:

Deere & Company (NYSE: DE) is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity. For more information, visit John Deere at its worldwide website at JohnDeere.com or in Australia at JohnDeere.com.au.