Trimble Ventures Monarch Tractor launches production Trimble Ventures’ 昀椀rst investment, Monarch Tractor, is the world’s 昀椀rst fully electric, autonomous compact smart tractor. Since our initial investment, Monarch signed a production agreement with Foxconn and in Q1 2023, the 昀椀rst 昀椀ve tractors rolled o昀昀 the assembly line. They have now fully launched production and are selling tractors, expanding the reach of their EV and autonomy technology. INTRODUCTION BUILDING RESILIENCE EMPOWERING PEOPLE LEADING WITH INTEGRITY APPENDIX Trimble Sustainability Report 2022 Page 25 ©2023, Trimble Inc. All rights reserved.