Corporate Governance

Terex is committed to good corporate governance and to achieving strategic objectives while enhancing shareholder value over the long term. Our Board of Directors and management are committed to representing the interests of our shareholders and acting at all times in an ethical and professional manner. Terex has implemented policies and procedures that are designed to meet or exceed all applicable corporate governance requirements. With the exception of our Chief Executive Officer/Chairman, all of the directors on our Board of Directors are independent as defined by the rules and regulations of both the Securities and Exchange Commission and the New York Stock Exchange. The Audit Committee, Compensation Committee and Governance and Nominating Committees of our Board of Directors all consist solely of independent directors. We have achieved a corporate governance rating from Institutional Shareholder Services of in excess of 97%. Corporate Governance Documents including Board Committee Charters can be found under the Governance pulldown in the Investor Relations section of this website.