TABLE OFCONTENTS REPORTING, INDICESAND LEGAL STATEMENTS55 EXECUTIVE SUMMARY3 WIN WITH OUR PEOPLE27 About Caterpillar4Our strategy5A letter from our Chairman & CEO62025 sustainability highlights72030 sustainability goals and progress8A conversation with our Chief9Sustainability and Strategy Officer Employee safety28Investing in people31Community engagement35 About this report56Prioritization and management57of ESG issuesESG data tables58SASB index66GRI index67TCFDindex74Climate scenarios75Political engagement index77 RESPONSIBLE GOVERNANCE39 Ethics and Our Values in Action40Corporate governance41Shareholder engagement43Risk management44Human rights46Strategic procurement47Political engagement48 SOLVING OUR CUSTOMERS’TOUGHEST CHALLENGES10 Customer driven11Sustainability in action12Supporting a circular economy16Customer and product safety19 ENVIRONMENTALSTEWARDSHIP 21 Our operations22Scope 3 GHG emissions26 EXECUTIVESUMMARY About CaterpillarOur strategyA letter from our Chairman & CEO2025 sustainability highlights 45672030 sustainability goals and progressA conversation with our Chief Sustainabilityand Strategy Officer ABOUTCATERPILLAR With 2025 sales and revenues of $67.6 billion,Caterpillar Inc. is shaping the future as the world’sleading manufacturer of construction and miningequipment, off-highway diesel and natural gas engines,industrial gas turbines and diesel-electric locomotives.Backed by one of the largest independent global dealernetworks and financing services through Cat Financial,the company’s primary business segments: Power andEnergy, Construction Industries and Resource Industriesare solving customers’ toughest challenges throughcommercial excellence and advanced technology, drivenby a highly skilled, dedicated global team. 24countries with operations~140 primary locations in $67.6Bsales and revenues 118K+employees 4M+Cat® products at workaround the world1 OURSTRATEGY In 2025, our company introduced a refreshed strategyfor profitable growth, grounded in Our Purpose: Webuild a better, more sustainable world, and Our Mission:Solving our customers’ toughest challenges. Ourstrategy is organized around three profitable growthpillars: Commercial Excellence, Advanced TechnologyLeader and Transform How We Work. These profitablegrowth pillars are built on a foundation of OperationalExcellence and guided by Our Values in Action: Safety,Integrity, Teamwork, Excellence and Commitment. Caterpillar supports the people who build the infrastructure of tomorrow,mine the materials that make it happen, and provide energy that shapescommunities and connects people. We engage closely with our customers togain a deeper understanding of their toughest challenges, working alongsideour independent dealer network to provide tailored solutions across industriesand regions. By further integrating advanced technology, including connectivity, autonomyand tools enabled by artificial intelligence (AI), into our solutions, we helpour customers improve productivity, safety and efficiency. Our solutionsare designed with digital and technology integration from the start, helpingcustomers achieve their objectives and build what’s next. Executing our strategy requires us to transform how we work. We areinvesting in our people, processes and technology to meet our customers’needs more quickly and more efficiently, while applying the same operationaldiscipline to improve safety, reduce our environmental footprint and improveefficiency in our own operations. As our world continues to evolve, Our Purpose: We build a better, moresustainable world, and Our Mission: Solving our customers’ toughestchallenges, connect our enterprise strategy to the progress and performancedetailed throughout this report. A LETTER FROM OURCHAIRMAN & CEO remanufactured, helping ensure resourcesare used effectively over time. We areinvesting in next-generation powertrainsolutions—including more efficientdiesel, diesel-electric, battery electric,hybrid and alternative fuel systems—socustomers can choose the right pathfor their operations and goals. The world’s demand for infrastructure,energy and critical minerals is accelerating,and our customers are at the centerof meeting it. That is a tremendousopportunity for Caterpillar, but it isalso a tremendous responsibility. Thework our customers do must be donesafely, efficiently and sustainably.Our job is to make sure they can. Built to last Our refreshed enterprise strategy—organized around Commercial Excellence,Advanced Technology Leader and TransformHow We Work—is built on a foundationof Operational Excellence and guided byOur Values in Action: Safety, Integrity,Teamwork, Excellence and Commitment. Sustainability is core to how we executethe strategy, serve our customers and builda company that will be essential for thenext 100 years, just as it has been for thefirst. Throughout this report, you will seehow sustainability is embedded across ourgovernance, our operations and our