DEERE & CO

For the period ended Feb 25, 2026. Filed Jan 14, 2026.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Feb 25, 2026 · Filed Jan 14, 2026

DE$671.65+1.3%Stored close · as of Nov 6, 2026

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UNITED** STATES

SECURITIES AND EXCHANGE **COMMISSION

Washington,** D.C. **20549

SCHEDULE** **14A

Proxy** Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934 (Amendment No. **** )**

Filed by the Registrant☒

Filed by a party other than the Registrant☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☒ Definitive Proxy Statement

☐ Definitive Additional Materials

☐ Soliciting Material under §240.14a-12

DEERE** & **COMPANY

(Name of Registrant as Specified in Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

☒ No fee required.

☐ Fee paid previously with preliminary materials.

☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.

Message from Our CHAIRMAN

and LEAD director


January 14, 2026Dear Fellow Shareholders,
On behalf of the Board of Directors and the senior management team, we are pleased to invite you to join Deere & Company’s Annual Meeting of Shareholders, which will be held virtually on Wednesday, February 25, 2026 at 10 a.m. Central Standard Time (CST). You may join at virtualshareholdermeeting.com/DE2026. At this meeting, you will have a chance to vote on the matters set forth in the accompanying Proxy Statement. We will also report on our business and provide an opportunity for shareholders to ask questions.Since 1837, John Deere has been committed to supporting work essential for everyday life. Driven by our higher purpose—We run so life can leap forward—we help customers meet the growing needs for food, fuel, clothing, and infrastructure. Over the past five years, our Smart Industrial Operating Model has driven our growth and success, transforming agriculture and construction through advanced technologies. We believe this innovative approach has generated significant economic and sustainable value for our shareholders and customers. Looking ahead, we remain committed to delivering groundbreaking solutions that address real-world challenges, elevate industry standards, and drive continued progress for our company and those we serve.For instance, in 2025, we introduced important innovations designed to help our agricultural customers become more productive. These included the F8 and F9 self-propelled forage harvesters, an updated line of round balers, sophisticated harvesting tools, and improved planters and sprayers that offer greater accuracy and dependability. In Construction & Forestry, notable updates included the 850 X-Tier dozer with dual path electric drive, upgraded P-Tier dozers with EZ Grade and SmartGrade™, and utility loaders with SmartDetect™ Digital for better grading accuracy, safety, and efficiency.These achievements are made possible by our talented and dedicated employees. During a period marked by significant industry challenges, our employees demonstrated remarkable resilience by working to transform obstacles into opportunities while consistently upholding our core values. Their dedication and teamwork powered our progress—helping us deliver for customers around the world.As we celebrate these accomplishments and the people who make them possible, we look ahead to the important decisions that shape our company's future. Your participation and vote are crucial. Whether you attend the meeting virtually or not, please cast your vote online, by telephone, or via mail at your earliest convenience to ensure it counts. Instructions explaining how to vote your shares are in the Proxy Statement, on the Notice of Internet Availability of Proxy Materials, and on the proxy card. Thank you for your continued confidence in Deere & Company. Your steadfast support inspires us as we pursue bold opportunities and build a stronger future—together.Sincerely,		IMPORTANT NOTICE REGARDING AVAILABILITY OF PROXY MATERIALS FOR THE VIRTUAL ANNUAL MEETING TO BE HELD ON FEBRUARY 25, 2026:The Proxy Statement and Annual Report are available on our website at www.deere.com/stock. In addition to the Proxy Statement, we are sending you our Annual Report, which includes our fiscal 2025 financial statements.If you wish to receive future proxy statements and annual reports electronically rather than receiving paper copies in the mail, you may sign up for e-delivery at www.proxyvote.com. You will need your 16-digit control number.

Chairman of the Board and Chief Executive Officer		L Director
John C. MayChairman of the Board,Chief Executive Officer, and President		R. Preston FeightLead Director

IN MEMORIAM

2025

Sherry M. Smith1961 - 2025

We are deeply saddened by the passing of Sherry M. Smith in 2025. We remember her with sincere gratitude for her 14 years of service as a member of our board of directors. Most recently, Sherry served as Lead Director and was a member of our Corporate Governance and Compensation Committees. She had previously spent more than a decade as a chair and member of the Audit Review Committee. She also served for many years as a member of the Finance Committee. Sherry led with kindness and sincerity. We were privileged to work alongside her and we remain grateful for her steadfast guidance, thoughtful leadership, and dedicated years of service to John Deere.

Notice of 2026 Annual

Meeting of Shareholders

Purpose** of **Meeting

VotingYour opinion is very important. Please vote on the matters described in the accompanying Proxy Statement as soon as possible, whether or not you plan to participate in the online Annual Meeting. You can find voting instructions below and on page 94.
	Elect the 10 director nominees named in the Proxy Statement (see page 10).	Date and TimeWednesday, February 25, 2026at 10 a.m. Central Standard Time (CST).PlaceThe 2026 Annual Meeting of Shareholders (the “Annual Meeting”) will be held exclusively online at virtualshareholdermeeting.com/DE2026.You will need to enter the 16-digit control number on your proxy card, voting instruction form, or Notice of Internet Availability you previously received. See additional instructions on page 94.WhoHolders of record of shares of Deerecommon stock as of the close of business on December 30, 2025, the record date, are entitled to vote.
	Approve the compensation of Deere’s named executive officers on an advisory basis (“say-on-pay”) (see page 32).
	Ratify the appointment of Deloitte & Touche LLP as Deere’s independent registered public accounting firm for fiscal 2026 (see page 81).
	Vote on the shareholder proposals, if properly presented at the meeting (see page 85).
	By Telephone: In the U.S. or Canada, you can vote your shares by calling 1-800-690-6903. You will need the 16-digit control number on the Notice of Internet Availability, voting instruction form, or proxy card.
	By Mail: You can vote by mail by marking, dating, and signing your proxy card or voting instruction form and returning it in the postage-paid envelope.
	By Internet: You can vote your shares online at www.proxyvote.com. You will need the 16-digit control number on the Notice of Internet Availability, voting instruction form, or proxy card.
	During the Meeting: You can vote electronically at the Annual Meeting. See page 94 for information on how to vote.
On behalf of the Board of Directors, I thank you for exercising your right to vote your shares. For the Board of Directors,Kellye L. WalkerCorporate SecretaryMoline, IllinoisJanuary 14, 2026

OUR HIGHER PURPOSE

WE RUN SO LIFE CAN LEAP FORWARDAt Deere, we’ve always believed in conducting business conducive to life. Planting or paving, we shape the spaces that sustain us. We turn raw materials into machines that advance a chain of livelihoods—from supplier to dealer, from our customers to their consumers, from ourselves to our communities. We innovate on behalf of productivity, profitability, and planet—not with solutions in search of a problem, but with advancements that we believe elevate all lives in the one world we share.With the values that make us Deere, we run with nature, run our factories with care, and run to support the people who trust us and the planet that sustains us. Working together to design and delight, test and train, outperform and overcome, so life can leap forward.

For nearly two centuries, our core values—integrity, quality, humanity, commitment, and innovation—have been deeply woven into the fabric of our company. They have guided our actions, shaped our character, and laid the foundation for our enduring success. As our company and the world evolve, these values adapt with us, continually motivating us to reach new heights of excellence. By steadfastly upholding them, we aim to build trust, inspire loyalty, and drive meaningful progress, making a positive impact on the industries and communities we serve.

INTEGRITYGROUNDS USWe earn trust through our words and our actions by doing the right thing, even when it is tough.	QUALITYDEFINES USWe pursue excellence in everything we do for our customers and people. By setting the bar high for our products, processes, services, and experiences, we set ourselves apart from others.	HUMANITYUNITES USWe treat people and our planet with dignity and respect. By building strong, connected, inclusive environments, we support a thriving world.	COMMITMENTDRIVES USWe follow through, offer a helping hand, and go above and beyond to make things right. By holding ourselves and others accountable, we run together to make giant leaps.	INNOVATIONGROWS USWe gain ground with each leap forward. By being curious, taking smart risks, and learning from mistakes, we forge innovations that grow a more sustainable world.


	We invite you to learn more about John Deere’s Higher Purpose at www.deere.com/purpose

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