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Deere appoints Julie Boland to expanded board

The expanded board includes 10 independent, non-employee directors, and Boland will serve on the Compensation and Finance committees.

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Form Type
8-K

Rhea-AI Filing Summary

DEERE & COMPANY appointed Julie Boland to its board effective immediately, increasing the board from 10 to 11 directors. She will serve on the Compensation Committee and Finance Committee. The expanded board includes 10 independent, non-employee directors.

On the effective date, Boland will receive an automatic initial grant of 92 Restricted Stock Units and enter into the company’s standard director indemnification agreement.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Board size before appointment 10 directors Before Boland’s appointment
Board size after appointment 11 directors Following Boland’s appointment
Independent, non-employee directors 10 directors Board composition after the appointment
Initial grant 92 Restricted Stock Units Automatic grant on the effective date of Boland’s appointment
EY tenure More than 16 years Boland’s time with EY
Restricted Stock Units financial
"automatic initial grant of 92 Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
director indemnification agreement regulatory
"the Company’s standard director indemnification agreement"
non-employee directors regulatory
"including 10 independent, non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What experience does Julie Boland bring to DE’s board?

Julie Boland served as EY’s U.S. CEO and managing partner and Americas managing partner. She spent more than 16 years with the firm, held other leadership roles there, served as CFO of public and private companies, and worked in investment banking at J.P. Morgan & Co. and Goldman Sachs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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0000315189false0000315189us-gaap:CommonStockMember2026-11-022026-11-020000315189de:Debentures6.55PercentDue2028Member2026-11-022026-11-0200003151892026-11-022026-11-02

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: November 2, 2026

(Date of earliest event reported)

DEERE & COMPANY

(Exact name of registrant as specified in its charter)

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Delaware

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1-4121

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36-2382580

(State or other jurisdiction of incorporation)

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(Commission File Number)

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(IRS Employer Identification No.)

One John Deere Place

Moline, Illinois 61265

(Address of principal executive offices and zip code)

(309) 765-8000

(Registrant’s telephone number, including area code)

___________________________________________________

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

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Title of each class

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Trading symbol

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Name of each exchange on which registered

Common stock, $1 par value

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DE

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New York Stock Exchange

6.55% Debentures Due 2028

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DE28

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New York Stock Exchange

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 5.02

Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 2, 2026, the Board of Directors (the “Board”) of Deere & Company (the “Company”) increased the size of the Board from ten to eleven directors and appointed Julie Boland to the Board, effective immediately. Ms. Boland will serve as a member of the Compensation Committee and Finance Committee of the Board.

Ms. Boland is the former U.S. CEO and Managing Partner and Americas Managing Partner of Ernst & Young LLP (“EY”), a multinational professional services firm providing audit, tax, consulting, and transaction services. She served in numerous leadership roles with EY since 2010, including Vice Chair and Central Region Managing Partner and Cleveland Office Managing Partner. Prior to joining EY, Ms. Boland served as the Chief Financial Officer of both public and private companies. She also has experience in global investment banking with both J.P. Morgan & Co. and Goldman Sachs. The Board believes Ms. Boland's extensive experience in executive leadership, accounting, financial reporting, corporate governance, and global finance will provide a valuable perspective to the Board.

Ms. Boland will receive the compensation payable to non-employee directors described in the Company’s definitive proxy statement filed on January 14, 2026, including, on the effective date of her appointment, an automatic initial grant of 92 Restricted Stock Units, and will enter into the Company’s standard director indemnification agreement.

There are no arrangements or understandings between Ms. Boland and any other persons pursuant to which Ms. Boland was selected as a director. The Company is not aware of any related party transactions or relationships between Ms. Boland and the Company that would require disclosure under Item 404(a) of Regulation S-K.

Item 7.01Regulation FD Disclosure.

On November 2, 2026, the Company issued a press release relating to Ms. Boland’s appointment, a copy of which is attached hereto and incorporated by reference as Exhibit 99.1.

The information in this Item 7.01 is not filed for purposes of the Securities Exchange Act of 1934 and is not deemed incorporated by reference by any general statements incorporating by reference this report or future filings into any filings under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent the Company specifically incorporates the information by reference.

Item 9.01Financial Statements and Exhibits

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(d) Exhibits

 

Number

Description of Exhibit

99.1

Press Release dated November 2, 2026

104

Cover Page Interactive Data File (the cover page XBRL tags are imbedded in the Inline XBRL document)

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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DEERE & COMPANY

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Dated: November 2, 2026

By:

/s/ Julie M. O. Rosales

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Julie M. O. Rosales

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Corporate Secretary

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Exhibit 99.1

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News Release

Graphic

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Contact:
PublicRelations@JohnDeere.com

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Former EY U.S. CEO Julie Boland joins Deere & Company’s Board
of Directors

MOLINE, Ill. (Nov. 2, 2026) – Deere & Company (NYSE: DE) today announced the appointment of Julie Boland, former U.S. chief executive officer and managing partner and Americas managing partner of Ernst & Young LLP (EY), to its board of directors. Boland brings extensive executive leadership experience and deep expertise in accounting, financial reporting, corporate governance, and global finance.

“Julie’s proven leadership, financial acumen, and governance expertise make her a strong addition to our board,” said John C. May, chairman and CEO of Deere & Company. “Her record leading a complex global organization, together with her finance and investment banking background, will sharpen the board’s perspective as Deere executes its strategy, accelerates long-term growth, and delivers value for customers and shareholders.”

Boland served as EY’s U.S. chief executive officer and managing partner and Americas managing partner from 2022 to 2026, culminating more than 16 years with the firm in roles of increasing responsibility. Her previous leadership positions included vice chair and Central Region managing partner and Cleveland office managing partner.

Before joining EY, Boland was chief financial officer at public and private companies and worked in investment banking at JPMorgan & Co. and Goldman Sachs in New York, Chicago, and London. Her experience spans financial leadership, enterprise strategy and transformation, capital allocation, regulatory affairs, risk management, and international banking.

Boland’s appointment expands Deere’s board from 10 to 11 members, including 10 independent, non-employee directors.

About Deere & Company

It doesn't matter if you've never driven a tractor, mowed a lawn, or operated a dozer. With John Deere's role in helping produce food, fiber, fuel, and infrastructure, we work for every single person on the planet. It all started nearly 200 years ago with a steel plow. Today, John Deere drives innovation in agriculture, construction, forestry, turf, power systems, and more.


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