Helena Hutton Director of Global Diversity Procurement   Cummins Supplier Conference | August 4, 2017

"In the search for character and commitment, we must rid ourselves of our inherited, even cherished biases and prejudices. Character, ability and intelligence are not concentrated in one sex over the other, nor in persons with certain accents or in certain races or in persons holding degrees from some universities over others. When we indulge ourselves in such irrational prejudices, we damage ourselves most of all and ultimately assure ourselves of failure in competition with those more open and less biased."

HIDING IN PLAIN SIGHT 1990 1987 1933 Construction 1920 Automobile, bus, truck engine and chassis company 1933 Construction 1987 A global turbomachinery development and manufacturing company that specializes in 5-axis machining of flowpath components 1990 Solutions using more than 100 racks of equipment for testing in the areas of big data, collaboration, computing and cloud, mobility, networking, security and storage

Diversity Procurement Fast Facts – Economic Impact 35% of all small and medium enterprises are owned by women. (Source: World Bank 2012) $3 Trillion is the annual economic impact of women-owned businesses in the U.S. (Source CWBR 2009) 33% greater return on the cost of procurement by companies with a higher adoption rate of supplier diversity. (Source: EY 2015) Companies with more diverse supplier programs spend on average 20% less on their procurement overhead. (Source: Hackett Group)

Benefits From Diverse Supply Base – Industry Metrics Benefits From Diverse Supply Base – Industry Metrics* Source: Supplier Diversity Performance Study, The Hackett Group, 2016 Gain Unique Market Insight from Suppliers Gain Access to New Technology Tap Local Sources of Supply to Improve Service and Quality Increase Marketshare/Awareness in Targeted Markets Improve Corporate Image in the Marketplace Support Corporate Culture around Diversity and Social Responsibility Retain and Attract Talent

BDR - Platform To Reach New Markets and Customers Independent Recognition Revenue Growth Expands Brand Awareness

Objectives for 2017 and Beyond Partner with diverse suppliers with new ideas that complement Cummins’ strategic direction. Invest in infrastructure to have a sustainable diversity procurement program. Focus on better attracting diverse suppliers i.e. providing an inside look at the process of awarding contracts through a ‘How To Do Business with Cummins” series Formalize referral network with companies in related industries who use similar suppliers Greater emphasis on diversity procurement value proposition - communicated through consistent content, campaigns, continuous education and training (i.e. Power Systems Challenge)

Growth With Cummins Through 2018 $2B U.S.D. Partner with diverse suppliers that bring new ideas. Think beyond trade shows – use technology. Cultivate a diverse and inclusive culture within your organization. Remain diligent about Tier II diverse spend reporting with Cummins. $2B U.S.D.

“The man who moves a mountain begins by carrying away small stones.” Confucius