2021 SUSTAINABILITY PROGRESS REPORT | Cummins Inc. INNOVATION BY THE NUMBERS 67 1.4 Gigatons of carbon avoided by 2035 through advances in Cummins’ core products vs. waiting for mass adoption of zero emission platforms. 1.1 BILLION Record amount in dollars spent on research, development and engineering expenses in 2021. 2,000+ Cummins fuel cells deployed around the world. 6,200+ Cummins’ battery modules and packs deployed. POSITIONED TO MAKE A DIFFERENCE Cummins has many distinct advantages in the drive to decarbonize, Linebarger told analysts. First, it has the global reach to make a difference, with plants and a service network literally around the world. No one has more application knowledge or experience with internal combustion engines as the platform transitions to low-carbon fuels. The company also has the resources to invest in no-carbon technologies such as battery-electric and hydrogen fuel cells as well as green hydrogen production. Finally, Cummins has long-established relationships with customers, regulators, universities and others expected to play a critical role in decarbonization. “We are uniquely positioned in the commercial-industrial space to provide solutions now, solutions in the medium-term, (and) solutions in the long-term that will meet both the needs of the planet and the needs of our customers,” Linebarger said. Just a month later, the global power leader and Sinopec, also known as the China Petrochemical Corporation, announced a joint venture to produce green hydrogen technologies in China. The joint venture wants to accelerate the affordability and availability of green hydrogen through technological innovation, and expand research and development as well as manufacturing capacity. Most recently, in February 2022, Cummins and Meritor, Inc. announced an agreement for Cummins to acquire the global leader in drivetrain, mobility and electric powertrain solutions for commercial vehicle and industrial markets. The integration of Meritor’s people, technology and capabilities will position Cummins as one of the few companies capable of providing integrated powertrain solutions across combustion and electric power applications. The company believes eAxles will be a critical integration point within hybrid and electric drivetrains. By accelerating Meritor’s investment in this technology, and integrating development within New Power, Cummins expects to deliver market-leading solutions to global customers. In May 2021, the company announced it had selected Spain for building one of the world’s largest electrolyzer manufacturing plants, scalable to 1 gigawatt per year. Cummins also unveiled a partnership with Iberdrola, a global leader in the transition to clean energy, to develop large-scale green hydrogen production projects in Spain and Portugal. The company announced in November 2021 it had entered into an agreement with Sion Power Corporation, a leading developer of high-energy rechargeable battery technology, to design and supply battery cells based on Sion’s proprietary lithium metal technology for commercial vehicle applications. Cummins also made an investment in Sion, providing it with a minority stake in that company. 2021 564 2018 264 2017 287 2016 259 2015 249 2014 217 2019 277 COMPANY RECORD GLOBAL PATENTS Cummins had a record number of global patents in 2021. While every patent starts with a great idea, the size of the increase could also reflect patent offices catching up with backlogs caused by pandemic shutdowns. 2020 312 INNOVATION //