8 unchanged sentences
We maintain a comprehensive cybersecurity program which is integrated within the Company’s enterprise risk management system and encompasses the corporate information technology and operational technology environments as well as customer-facing products.
−Removed: Our cybersecurity program has implemented a governance structure and process to identify, assess, manage, mitigate, respond to and report on cybersecurity risks.
+Added: Our cybersecurity program maintains a governance structure and process to identify, assess, manage, mitigate, respond to and report on cybersecurity risks.
We utilize cybersecurity policies and frameworks based on industry and government standards.
6 unchanged sentences
In the event of an incident, the cybersecurity team assesses, among other factors, safety impact, supply chain and manufacturing disruption, data and personal information loss, business operations disruption, projected cost and potential for reputational harm, with participation from technical, legal and law enforcement support, as appropriate.
−Removed: We have implemented a cybersecurity awareness program which covers topics such as phishing, social networking safety, password security and mobile device usage.
+Added: We have implemented a cybersecurity awareness program which covers topics such as phishing, social networking safety, password security, mobile device usage and potential risks associated with emerging technologies.
We have mandatory training in the areas of cybersecurity, privacy, and confidential information handling.
We also conduct regular phishing training and simulations for our employees and contractors.
−Removed: We provide extensive specialized role-based training to technical professionals in cybersecurity, secure application development, and other focus areas.
+Added: We provide specialized role-based training to technical professionals in cybersecurity, secure application development, and other focus areas.
We also conduct periodic tabletop exercises to validate our preparation for cyber events.
18 unchanged sentences
The Company’s Chief Information Officer & Senior Vice President, Caterpillar IT (the “CIO”) attends all bimonthly AC meetings and provides cybersecurity updates to the AC and board.
−Removed: Our cybersecurity program is overseen by our CIO, who has been a Caterpillar employee for over twenty-five years.
+Added: Our cybersecurity program is overseen by our CIO, who has been a Caterpillar employee for over twenty-six years.
Prior to her current appointment as our CIO in September 2020, she was the Chief Information Officer for the Company’s Financial Products Division.
8 unchanged sentences
position most recently held
−Removed: James Umpleby III (66) Chairman of the Board (2018) and Chief Executive Officer (2017) Group President (2013-2016)
+Added: Creed (50) Chief Executive Officer (2025) Chief Operating Officer (2023-2025), Group President (2021-2023), Vice President, Oil & Gas and Marine Division (2019-2020), Interim Chief Financial Officer (2018), Vice President, Finance Services Division (2017), Group Chief Financial Officer, Power and Energy (2013-2016)
+Added: James Umpleby III (67) Executive Chairman (2025) Chairman of the Board (2018-2025), Chief Executive Officer (2017-2025), Group President (2013-2016)
Bonfield (63) Chief Financial Officer (2018) Group Chief Financial Officer for a multinational electricity and gas utility company (2010-2018)
1 unchanged sentence
Johnson (59) Group President (2016) Vice President (2012-2016)
−Removed: Creed (49) Chief Operating Officer (2023) Group President (2021-2023), Vice President, Oil & Gas and Marine Division (2019-2020), Interim Chief Financial Officer (2018), Vice President, Finance Services Division (2017), Group Chief Financial Officer, Energy and Transportation (2013-2016)
Fassino (55) Group President (2021) Vice President, Building Construction Products (2018-2020), Director of Worldwide Forestry Products (2016-2018)
1 unchanged sentence
Attorney's Office of the Department of Justice (2005-2019)
−Removed: Johnson (64) Chief Human Resources Officer (2017) Executive Vice President of Human Resources for a global multi-industry aerospace, defense and industrial manufacturing company (2012-2017)
+Added: Pambianchi (57) Chief Human Resources Officer (2025) Chief Human Resources Officer, Intel Corporation (2021-2025), Chief Human Resources Officer, Verizon Communications Inc.
+Added: (2019-2021), Chief Human Resources Officer, Corning Inc.
Schaupp (54) Vice President and Chief Accounting Officer (2022) Finance Director, Global Finance Services Division (2021-2022), Vice President and Controller and Chief Accounting Officer of PPG Industries, Inc.
Kaiser (48) Group President (2024) Senior Vice President, Electric Power Division (2021-2023), General Manager, Electric Power Division (2019-2021), Product Manager, Electric Power Division (2016-2019)
+Added: Shurman (59) Group President (2026) Senior Vice President, Building Construction Products (2024-2026), Senior Vice President, Electrification & Energy Solutions (2022-2024), Senior Vice President, Oil & Gas, Marine Division (2021-2022)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.