AGCO Corporation

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 7, 2025, the Board of Directors of AGCO Corporation (the “Company”) voted to increase the size of the Board to eleven directors (until the 2025 Annual Meeting of Stockholders) and appointed Zhanna Golodryga to the Board, effective as of April 1, 2025, to serve for an initial term expiring at the 2025 Annual Meeting. Ms. Golodryga is Executive Vice President of Emerging Energy and Sustainability for Phillips 66, a leading integrated downstream energy, manufacturing and logistics company. Ms. Golodryga is responsible for driving Energy Transition and Decarbonization across the enterprise. She has held senior roles at Phillips 66 since 2017. In her previous role as the Senior Vice President, Chief Digital & Administrative Officer, Golodryga led the business transformation enabled by digital technology, including machine learning and AI. Prior to joining Phillips 66, Ms. Golodryga served as Chief Information Officer and Senior Vice President for Services at Hess Corporation and Vice President and Chief Information Officer at BHP Billiton Petroleum. Ms. Golodryga currently serves on the Board of Directors of Regions Financial Corporation where she chairs the Technology Committee. Ms. Golodryga is on the board of the Memorial Hermann Foundation. She has a master’s degree in mechanical engineering from Kiev Civil Engineering and Construction Institute. A copy of the Company’s press release dated February 12, 2025 announcing the appointment of Ms. Golodryga is included as Exhibit 99.1 to this Current Report on Form 8-K.