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Deere & Company Investor Relations - John Deere

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The <strong>John</strong> <strong>Deere</strong> Strategy<br />

Foundational Success Factors<br />

16<br />

Aligned High-Performance Teamwork<br />

� Integral part of strategy, reinforced with compensation<br />

� Global Performance Management reinforces alignment<br />

� Base pay changes linked to achieving goals<br />

STI: Short-Term Incentive – Bonus focuses on OROA/ROE<br />

� Covers most worldwide salaried employees<br />

� Applies one enterprise-wide bonus metric<br />

MTI: Mid-Term Incentive – Bonus driven by sustained SVA creation<br />

� About 8,200 management employees eligible<br />

LTI: Long-Term Incentive – Primarily stock options<br />

� Top 900 employees eligible<br />

� Minimum stock holding requirements for senior management (~ top 125)<br />

| <strong>Deere</strong> & <strong>Company</strong> | May / June 2012

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