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John Deere Financial Portfolio and Funding. Deere & Company August 2013

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John Deere

Financial Portfolio

and Funding

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Safe Harbor Statement & Disclosures

This presentation includes forward-looking information subject to important risks and uncertainties. Refer to Deere’s reports filed on Forms 8-K (current), 10-Q (quarterly), and 10-K (annual) for factors that could cause actual results to differ materially from information in this presentation. Those factors are incorporated herein by reference.

The following information was current as of the date on the front page. The Use-of-Cash Priorities may not be exhaustive. New and different needs and priorities arise from time to time. We cannot predict such new or different priorities or the impacts on our business. Accordingly, we do not assume responsibility for the accuracy or completeness of these statements. Nor do we have or assume any duty to update any of the statements after the date of this presentation. All of the information is qualified in its entirety by the information in any relevant prospectus and related supplemental information.

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Deere Use-of-Cash Priorities

Manage the balance sheet, including liquidity, to support a rating that provides access to low-cost and readily available short- and long-term funding mechanisms

Reflects the strategic nature of our financial services operation

Committed to “A” Rating Cash from Operations

Fund Operating and Growth Needs

Common Stock Dividend

Share Repurchase

Fund value-creating investments in our businesses

Consistently and moderately raise dividend targeting a 25%-35% payout ratio of mid-cycle earnings

Consider share repurchase as a means to deploy excess cash to shareholders, once above requirements are met and

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Portfolio Composition by Market

John Deere Financial Services

$31.9 Billion Owned Portfolio at 31 October 2012

Portfolio Composition by

Geography Portfolio Composition by Product

Information above includes all Deere lending activities worldwide. John Deere Capital Corporation is the largest lending operation of Deere & Company.

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John Deere Capital Corporation

Profitability and Growth

383 275 291 311 282 149 319 364 2005 2006 2007 2008 2009 2010 2011 2012

Net Income ($ Millions)

0.16% 0.22% 0.29% 0.33% 0.70% 0.48% 0.12% 0.05% 2005 2006 2007 2008 2009 2010 2011 2012

Write-offs/Average Owned Portfolio

17.7 18.6 19.0 19.1 19.3

21.1 23.3

26.6

2005 2006 2007 2008 2009 2010 2011 2012

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John Deere Capital Corporation Retail Notes

60+ Days Past Due vs. Write-offs

Agriculture & Turf1

• Continued extremely low write-offs

• Average write-offs less than 5 bps over last 10 years

Construction & Forestry

• Extremely low write-offs in 2012

• Steady decline in write-offs since 2009

(1) 1982 – 1985 includes Construction; 1986 - 1994 includes Lawn & Grounds Care; beginning in 2009 includes both Ag and Turf equipment; As % of Owned Losses After Dealer Reserve Charges

Source: 1982 – 1994 internal reporting, 1995 - 2011 JDCC 10-K filings, 2012 internal reporting

-0.05% 0.45% 0.95% 1.45% 1.95% 2.45% 2.95% 3.45% 3.95% '83 '86 '89 '92 '95 '98 '01 '04 '07 '10 Net Write-offs (Ag) Installments 60+DPD (Ag)

-0.05% 0.45% 0.95% 1.45% 1.95% 2.45% 2.95% 3.45% 3.95% '95 '98 '01 '04 '07 '10

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Ag & Turf Dealer Reserve

• Total dealer reserve levels are 0.96% of the portfolio as of 31 July 2013 – Dealers have financial interest in performance

– 1% withheld on each note, pooled reserve

– Reserve level caps ranging from 0.5% to 3.0% of outstanding portfolio • Based on credit performance, avoiding reserve charges

Collection

• Experts in the equipment markets served • Strong analytics to support approach

• Internally serviced / regional assignments • Close working relationship with dealers

Remarketing

• Product expertise

• Best distribution channel – Dealer network

• Dedicated remarketing team • Proven inspection process • Strong collateral support

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0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110%

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6

R es al e V al u e as a % o f O ri g in al L is t Pr ic e

Time Since Origination

2011 2010 2009 2008 2007 2006 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110%

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6

R es al e V al u e as a % o f O ri g in al L is t Pr ic e

Time Since Origination

2011 2010 2009 2008 2007 2006

U.S. Resale Value vs. Loan Balance

7230R Tractor and S660 Combine

(1) In 2011, the 7230R was introduced and replaced the 7830 series. In 2007, the 7830 series was introduced to the market replacing the 7820. Loan balance assumes a 30% down payment on the highest list price financed for 5 years with annual payments at a rate of 6.50%. (2) Model S660 replaced model 9670 in 2012. Model 9670 replaced Model 9660 in 2006. Loan balance assumes a 30% down payment on the highest list price financed for 5 years with annual payments at a rate of 6.50%.

Source for equipment values: North American Equipment Dealers Association – wholesale prices

7230R Tractor (1)

Loan Balance

Model Year Model Year

Loan Balance

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John Deere Financial Funding Strategy

Maintain diverse, sustainable funding sources:

• Term Debt, Asset Backed Securitization, and Commercial Paper • Commercial Paper issuances backstopped by a $6 billion credit line

Sustain appropriate liquidity profile:

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Committed Bank Group Supports Credit Facility

• Average length of continuous relationship = ~28 Years • $6.00 billion credit facility supporting commercial paper

– $2.50 billion tranche expiring in 2018 – $2.50 billion tranche expiring in 2017

– $1.00 billion 364-day tranche expiring in 2014 – Have not drawn on facility

– $3.8 billion incremental capacity as of 31 October 2012

Credit Facility Size & Commercial Paper Outstanding

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Multiple Sources of Liquidity

Successful Access to Traditional Markets

• Commercial Paper

• Term Asset Backed Securitization

• Unsecured Term Debt

– USD – EUR – CAD – ARS

Incremental Sources of Liquidity

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John Deere Capital Corp. United States

(Deere Support Agreement)

Deere & Company

United States

John Deere Financial Ltd. Australia

(Debt guaranteed by JDCC)

Support Agreement - Deere agrees to:

Maintain JDCC’s fixed charge coverage > 1.05 to 1

Own > 51% voting shares of JDCC’s capital stock

Maintain JDCC net worth > $50 million

Key Funding Entities

John Deere Cash Mgmt. Luxembourg

(Debt guaranteed by Deere)

John Deere Canada ULC

(Debt guaranteed by Deere)

John Deere Bank S.A. Luxembourg

(Debt guaranteed by JDCC)

John Deere Financial Inc. Canada

(Debt guaranteed by JDCC)

John Deere Canada Funding Inc.

(Debt guaranteed by JDCC)

John Deere Credit Compañía Financiera S.A.

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Funding Programs

Unsecured Commercial Paper:

• United States: All key funding entities • Europe: All key funding entities

• Canada: John Deere Canada ULC and John Deere Financial Inc. • Australia & New Zealand: John Deere Financial Ltd.

Retail Unsecured Term Debt:

• United States Retail Notes: John Deere Capital Corporation Institutional Unsecured Term Debt:

• United States: Deere & Company and John Deere Capital Corporation • EMTN: All key funding entities

• Canada: John Deere Canada Funding Inc.

• Australia & New Zealand: John Deere Financial Ltd. • Argentina: John Deere Credit Compañía Financiera S.A. Asset Backed Securitization:

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John Deere Financial Maturity Profile

300 600 900 1,200 1,500 1,800 2,100 2,400 2,700 3,000 3,300 3,600 3,900 4,200 4,500 4,800 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 $ M il li o n s

John Deere Financial Services Unsecured Term Debt Maturities

USD CAD EUR ARS

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References

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