Management Change/Compensation (Form 8-K)

On January 20, 2026, Joshua A. Jepsen notified Deere & Company (the "Company"), of his decision to resign as Senior Vice President and Chief Financial Officer of the Company effective as of February 19, 2026. Mr. Jepsen's decision to leave the Company is not related to any financial or accounting issue or any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

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On January 21, 2026, the Company appointed Ryan D. Campbell to serve as acting Chief Financial Officer (principal financial officer and principal accounting officer) on an interim basis, effective February 19, 2026, until the Company appoints a permanent replacement. The Company intends to conduct a search of potential internal and external candidates to replace Mr. Jepsen.

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Ryan D. Campbell, age 51, has served as President, Worldwide Construction & Forestry and Power Systems of the Company since May 2022. He previously served as Senior Vice President, Chief Financial Officer of the Company from March 2019 to May 2022.

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For information regarding Mr. Campbell's compensation, refer to the section entitled "Executive Compensation Tables ‒ Fiscal 2025 Summary Compensation Table" in the Company's most recent proxy statement on Form DEF 14A filed on January 14, 2026.

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