AGCO Corporation AGCO 2026 Technology Event

Everyone, to AGCO's 2026 Technology Event. My name is Greg Peterson. I head up investor relations for AGCO. Our aim tonight is to give you a clear vision on AGCO's long-term strategy, focusing on how we are competing for precision agriculture, and how that translates into growth opportunities and shareholder value. Damon and Eric will spend time talking about our strategy, talking about the value we're providing to our shareholders, and talking about growth opportunities. We'll finish tonight with a Q&A session, and we'll remind you again later, when we'll have you ask questions, we'll have to have you wait for the mic, so that the folks listening on the internet can appreciate that. I'll also need to remind you that tonight, we will make forward-looking statements, and there are risks associated with relying on those forward-looking statements.

We have a listing of those risks in our securities and exchange filings, and we'll update those securities and exchange filings as we go through the year. Let me now go ahead and introduce Eric Hansotia, AGCO's Chairman, President, and Chief Executive Officer.

A legitimate inquiry if I do that.

Good. Welcome, everybody. This is the seventh Tech Day that we've had for AGCO, and I've seen some of you for all of those seven.

It's one of the most exciting times to be able to really share our strategy and have it come to life for our investor community. I'm going to set the stage here, in this opening section, with the key messages. Essentially, that is that at our foundation- I'm sorry, I hit it.

We're a machinery company. Okay, yes.

See us as a machinery company.

Date of birth is 9/2/1972.

Our machinery, I would put it up against anybody's in the world. Really proud of what we're developing there. That's become more and more the foundation, where our investment is, where our value is the things that sit on top of that machinery. We're transitioning rapidly into becoming a technology company. What does that mean? Sunday.

It means several things, and you're going to see all of these come to life tomorrow, and hear about them today. It means a technology business that is different than anybody else's. A portion of that technology business goes to the market.

I have a confirmation number.

in a retrofit way, meaning it will sit on top of existing machines out in the marketplace.

Okay. It's 213037471. to give them new capability, automating a feature that the farmer would like to have, but doesn't want to have to wait to buy a new machine.

We have a whole separate channel on that. So there's a whole business around technology that's very different than anybody else's. Secondly is our data strategy. Once again, mixed fleet, open data platform. Most open of anybody else in the industry. And it's solving a big farmer problem of, I've got all this information, but I need to know what to do differently on my farm. And finally is our support strategy. Fundamentally different than anybody else's in the industry.