Based on estimated 2014 profit and retained earnings available for distribution by CNH Industrial N.V., and subject to formal Board approval of the Company's 2014 financial statements anticipated to occur on or before beginning of March 2015, the Board of Directors of the company intends to recommend to the Company's shareholders at the Annual General Meeting a dividend of EUR 0.20 per common share, totaling approximately $307 million at the exchange rate of $1.134 per euro on January 28, 2015 (EUR 271 million).