Harley-Davidson Successfully Completes The Rewire and Announces Date to Reveal New 2021-2025 Strategic Plan, The Hardwire The Company will reveal strategic plan and report 2020 Results on February 2, 2021 Milwaukee, Jan. 12, 2021 (GLOBE NEWSWIRE) — Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) today announced it has completed The Rewire, the critical overhaul of its business, setting a strong foundation for The Hardwire, the company’s 5-year strategic plan to deliver profitable and desirable long-term growth and shareholder value. The company will reveal its 2021-2025 strategic plan, along with 2020 fourth quarter and year-end earnings results, on Tuesday, February 2, 2021 via webcast. “I am confident the substantial changes we made with The Rewire have set us up to successfully execute our strategic plan. We are now a leaner, more aligned organization, and we are making decisions faster,” said Jochen Zeitz, chairman, president and CEO, Harley-Davidson. “The right structure, leadership and principles are in place, and we are ready to execute our strategic plan, The Hardwire, and continue our H-D #1 cultural journey to become a high-performing company.” As a result of The Rewire, the company: Reduced complexity and increased speed with a new operating model and organizational structure across every function to provide simplicity, agility and efficiency Reset its global business, resourcing and prioritizing the markets with the highest potential Expanded its business focus beyond motorcycles, with a strong commitment to newly established business units for Parts & Accessories and General Merchandise Streamlined its product portfolio and rebuilt its go-to-market efforts for maximum impact Enhanced and protected the value and desirability of its products by changing the approach to supply and inventory management with a focus on a powerful and profitable dealer network Executed Rewire actions expected to deliver ongoing gross cash savings of approximately $115 million starting in 2021 Harley-Davidson will
